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Salesforce (CRM)
NYSE:CRM
Holding CRM?
Track your performance easily
CRM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$208.84 - $318.72
Previous Close$297.49
Volume5.87M
Average Volume (3M)5.10M
Market Cap
$284.90B
Enterprise Value$283.65B
Total Cash (Recent Filing)$12.64B
Total Debt (Recent Filing)$11.39B
Price to Earnings (P/E)51.9
Beta1.68
Next Earnings
Nov 27, 2024EPS Estimate
$2.44Last Dividend Ex-Date
Sep 18, 2024Dividend Yield0.4%
Share Statistics
EPS (TTM)5.74
Shares Outstanding956,000,000
10 Day Avg. Volume3,760,350
30 Day Avg. Volume5,102,288
Standard Deviation0.11
R-Squared0.37
Alpha0.00077
Financial Highlights & Ratios
Price to Book (P/B)4.93
Price to Sales (P/S)7.81
Price to Cash Flow (P/CF)79.90
P/FCF Ratio94.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.78
Enterprise Value/Gross Profit10.78
Enterprise Value/Ebitda26.68
Forecast
1Y Price Target
$318.71Price Target Upside3.85% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering42
Salesforce News
Bulls Say, Bears Say
Bulls Say
Market OpportunityThe US Customer Service market alone presents a $2 billion-$20 billion opportunity for Agentforce at $0.50-$2.00 per call.
Product Adoption And Revenue GrowthAdoption of Agentforce by 5-20% of the Service Cloud business can provide a 0.5% to 2% uplift to Salesforce revenue relative to the forecasted growth.
Strategic AcquisitionCRM announced that it has signed a definitive agreement to acquire Own Company, a leading provider of data protection and data management solutions, for ~$1.9B, which should enhance CRM's data/AI strategy.
Bears Say
Growth And CompetitionSalesforce’s YoY sales growth decelerated to 8% in 2Q:FY25 from 11% in 1Q:FY25, a new, all-time low.
Leadership ChangesCFO transitions create uncertainty as Amy Weaver will step down from her role, though will remain with the company until a successor is appointed.
Macroeconomic ChallengesThe demand environment continues to be plagued by macro uncertainty, geopolitical tensions, and elongated sales cycles as enterprises seek to more clearly define their AI strategies.
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Ownership Overview
2.97% Insiders
25.27% Mutual Funds
4.14% Other Institutional Investors
46.65% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Salesforce
Desktop Users
Mobile Users
CRM FAQ
What was Salesforce’s price range in the past 12 months?
Salesforce lowest stock price was $208.84 and its highest was $318.71 in the past 12 months.
What is Salesforce’s market cap?
Currently, no data Available
When is Salesforce’s upcoming earnings report date?
Salesforce’s upcoming earnings report date is Nov 27, 2024 which is in 20 days.
How were Salesforce’s earnings last quarter?
Salesforce released its earnings results on Aug 28, 2024. The company reported $2.56 earnings per share for the quarter, beating the consensus estimate of $2.355 by $0.205.
Is Salesforce overvalued?
According to Wall Street analysts Salesforce’s price is currently Undervalued.
Does Salesforce pay dividends?
Salesforce pays a Notavailable dividend of $0.4 which represents an annual dividend yield of 0.4%. See more information on Salesforce dividends here
What is Salesforce’s EPS estimate?
Salesforce’s EPS estimate is $2.44.
How many shares outstanding does Salesforce have?
Salesforce has 956,000,000 shares outstanding.
What happened to Salesforce’s price movement after its last earnings report?
Salesforce reported an EPS of $2.56 in its last earnings report, beating expectations of $2.355. Following the earnings report the stock price went down -0.727%.
Which hedge fund is a major shareholder of Salesforce?
Among the largest hedge funds holding Salesforce’s share is Fisher Asset Management LLC. It holds Salesforce’s shares valued at 3B.
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Salesforce Stock Smart Score
Unlock Smart Score
1
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4
5
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8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$318.71 (3.85% Upside)
$318.71 (3.85% Upside)
Blogger Sentiment
Bullish
CRM Sentiment 92%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 476.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 0.2%
Last 30 Days ▲ 3.3%
Last 30 Days ▲ 3.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
44.02%
12-Months-Change
Fundamentals
Return on Equity
9.73%
Trailing 12-Months
Asset Growth
-0.29%
Trailing 12-Months
Company Description
Salesforce
salesforce.com, inc. engages in the design and development of cloud-based enterprise software for customer relationship management. Its solutions include sales force automation, customer service and support, marketing automation, digital commerce, community management, collaboration, industry-specific solutions, and salesforce platform. The firm also provides guidance, support, training, and advisory services. The company was founded by Marc Russell Benioff, Parker Harris, David Moellenhoff, and Frank Dominguez in February 1999 and is headquartered in San Francisco, CA.
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CRM Earnings Call
Q2 2024
0:00 / 0:00
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CRM Revenue Breakdown
93.34% Subscription and support
6.66% Professional services and other
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CRM Stock 12 Month Forecast
Average Price Target
$318.71
▲(3.85% Upside)
Technical Analysis
Best Analysts Covering CRM
1 Year
1 Year Success Rate
22/26 ratings generated profit
1 Year Average Return
+18.58%
assigned a buy rating 2 months ago
Copying Rishi Jaluria's trades and holding each position for 1 Year would result in 84.62% of your transactions generating a profit, with an average return of +18.58% per trade.
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