Brokerages Set Salesforce Inc. (NYSE:CRM) Target Price at $332.58

Shares of Salesforce Inc. (NYSE:CRM) have been given a consensus recommendation of “Moderate Buy” by the thirty-eight analysts that are covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and twenty-six have given a buy rating to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $332.5833.

A number of equities analysts have weighed in on CRM shares. Macquarie reissued a “neutral” rating and set a $290.00 price target on shares of Salesforce in a research report on Thursday, September 4th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Salesforce in a research note on Saturday, September 27th. Oppenheimer dropped their price target on Salesforce from $370.00 to $315.00 and set an “outperform” rating on the stock in a research note on Tuesday, August 26th. DA Davidson raised shares of Salesforce from an “underperform” rating to a “neutral” rating and set a $225.00 price objective for the company in a research report on Friday, August 15th. Finally, Stifel Nicolaus decreased their price objective on shares of Salesforce from $375.00 to $325.00 and set a “buy” rating on the stock in a report on Wednesday, August 13th.

Salesforce Price Performance

Shares of CRM opened at $240.25 on Tuesday. The company has a market cap of $228.72 billion, a price-to-earnings ratio of 34.92, a PEG ratio of 2.08 and a beta of 1.19. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.14. The company’s fifty day simple moving average is $246.66 and its 200 day simple moving average is $260.19. Salesforce has a 1-year low of $226.48 and a 1-year high of $369.00.

Salesforce (NYSE:CRM) last announced its quarterly earnings data on Wednesday, September 3rd. The CRM provider reported $2.91 EPS for the quarter, beating analysts’ consensus estimates of $2.78 by $0.13. The company had revenue of $10.24 billion during the quarter, compared to the consensus estimate of $10.14 billion. Salesforce had a net margin of 16.87% and a return on equity of 13.27%. The company’s quarterly revenue was up 9.8% on a year-over-year basis. During the same quarter last year, the firm posted $2.56 EPS. Salesforce has set its FY 2026 guidance at 11.330-11.370 EPS. Q3 2026 guidance at 2.840-2.860 EPS. On average, research analysts forecast that Salesforce will post 7.46 earnings per share for the current fiscal year.

Salesforce Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 9th. Shareholders of record on Wednesday, September 17th will be issued a $0.416 dividend. This represents a $1.66 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Wednesday, September 17th. Salesforce’s dividend payout ratio is currently 24.13%.

Insider Buying and Selling

In other news, CEO Marc Benioff sold 2,250 shares of the stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $236.38, for a total transaction of $531,855.00. Following the transaction, the chief executive officer owned 11,911,571 shares in the company, valued at approximately $2,815,657,152.98. This trade represents a 0.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director David Blair Kirk purchased 3,400 shares of the company’s stock in a transaction that occurred on Tuesday, September 9th. The shares were purchased at an average cost of $254.66 per share, with a total value of $865,844.00. Following the completion of the acquisition, the director owned 3,824 shares in the company, valued at $973,819.84. The trade was a 801.89% increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders have sold 81,000 shares of company stock valued at $20,357,213. Corporate insiders own 3.00% of the company’s stock.

Institutional Trading of Salesforce

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Painted Porch Advisors LLC raised its position in shares of Salesforce by 260.0% in the second quarter. Painted Porch Advisors LLC now owns 90 shares of the CRM provider’s stock valued at $25,000 after buying an additional 65 shares in the last quarter. Evolution Wealth Management Inc. bought a new position in Salesforce during the 2nd quarter worth $27,000. Capital A Wealth Management LLC raised its holdings in Salesforce by 450.0% in the 1st quarter. Capital A Wealth Management LLC now owns 110 shares of the CRM provider’s stock valued at $30,000 after acquiring an additional 90 shares in the last quarter. CBIZ Investment Advisory Services LLC lifted its position in shares of Salesforce by 314.8% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 112 shares of the CRM provider’s stock valued at $30,000 after acquiring an additional 85 shares during the period. Finally, Abound Financial LLC acquired a new stake in shares of Salesforce during the 1st quarter worth $31,000. Institutional investors and hedge funds own 80.43% of the company’s stock.

Salesforce Company Profile

Salesforce, Inc provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company's service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and artificial intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer support at scale.