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Salesforce (CRM)
NYSE:CRM
Salesforce (CRM) Stock Price & Analysis
23,065 Followers
CRM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$193.43 - $318.30
Previous Close$256.21
Volume5.13M
Average Volume (3M)8.27M
Market Cap
$248.27B
Enterprise Value$243.11B
Total Cash (Recent Filing)$17.67B
Total Debt (Recent Filing)$12.52B
Price to Earnings (P/E)46.1
Beta1.75
Next Earnings
Aug 21, 2024EPS Estimate
$2.35Next Dividend Ex-Date
Jul 09, 2024Dividend Yield0.15%
Share Statistics
EPS (TTM)5.56
Shares Outstanding969,000,000
10 Day Avg. Volume10,265,844
30 Day Avg. Volume8,271,245
Standard Deviation0.11
R-Squared0.36
Alpha-0.00253
Financial Highlights & Ratios
Price to Book (P/B)40.43
Price to Sales (P/S)25.57
Price to Cash Flow (P/CF)9.50
P/FCF Ratio9.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.80
Enterprise Value/Gross Profit9.24
Enterprise Value/Ebitda23.78
Forecast
1Y Price Target
$297.11Price Target Upside15.97% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering40
Salesforce News
PremiumStock Analysis & Ideas
Salesforce Stock (NYSE:CRM): Post-Earnings Dip Opens Window of Opportunity
PremiumCompany Announcements
Salesforce Enhances Equity Plan and Amends Governance Policies
Bulls Say, Bears Say
Bulls Say
Financial PerformanceNon-GAAP operating margin improved by 4.5ppt YoY to 32.1% in 1QFY25, mainly driven by the efficiency gains in S&M and G&A.
Market PositionSalesforce is now the largest vendor in the CRM applications market worldwide, with a market share of 22.1%.
Product InnovationSalesforce announced a brand-new LLM benchmarking tool for CRM business cases that will help customers choose wisely between various models.
Bears Say
EarningsSalesforce reported surprisingly disappointing 1Q'25 results, with revenue/cRPO below expectations.
Market SentimentInvestor sentiment has soured after reporting disappointing 1Q'25 results.
Revenue GrowthThere was investor skepticism that maintaining the full-year was the right strategy, which could suggest an overhang to shares.
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Ownership Overview
3.41% Insiders
25.43% Mutual Funds
19.43% Other Institutional Investors
51.73% 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 $193.43 and its highest was $318.30 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 Aug 21, 2024 which is in 49 days.
How were Salesforce’s earnings last quarter?
Salesforce released its earnings results on May 29, 2024. The company reported $2.44 earnings per share for the quarter, beating the consensus estimate of $2.374 by $0.066.
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 0.15%. See more information on Salesforce dividends here
What is Salesforce’s EPS estimate?
Salesforce’s EPS estimate is $2.35.
How many shares outstanding does Salesforce have?
Salesforce has 969,000,000 shares outstanding.
What happened to Salesforce’s price movement after its last earnings report?
Salesforce reported an EPS of $2.44 in its last earnings report, beating expectations of $2.374. Following the earnings report the stock price went down -19.737%.
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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Analyst Consensus
Moderate Buy
Average Price Target:
$297.11 (15.97% Upside)
$297.11 (15.97% Upside)
Blogger Sentiment
Bullish
CRM Sentiment 89%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 8.3M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $87.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days <0.1%
Last 30 Days ▲ 5.7%
Last 30 Days ▲ 5.7%
News Sentiment
Very Bullish
Bullish news 86%
Bearish news 14%
Bearish news 14%
Technicals
SMA
Negative
20 days / 200 days
Momentum
21.43%
12-Months-Change
Fundamentals
Return on Equity
9.34%
Trailing 12-Months
Asset Growth
2.82%
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 Company Deck
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CRM Earnings Call
Q1 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
$297.11
▲(15.97% Upside)
Technical Analysis
Best Analysts Covering CRM
1 Year
1 Year Success Rate
24/29 ratings generated profit
1 Year Average Return
+17.62%
reiterated a buy rating last month
Copying Terry Tillman's trades and holding each position for 1 Year would result in 82.76% of your transactions generating a profit, with an average return of +17.62% per trade.
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