Salesforce (NYSE:CRM) Updates FY 2026 Earnings Guidance

Salesforce (NYSE:CRM) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 11.270-11.330 for the period, compared to the consensus earnings per share estimate of 11.170. The company issued revenue guidance of $41.0 billion-$41.3 billion, compared to the consensus revenue estimate of $40.8 billion. Salesforce also updated its Q2 2026 guidance to 2.760-2.780 EPS.

Salesforce Stock Performance

CRM traded down $2.12 during trading on Wednesday, hitting $275.07. 12,207,739 shares of the company traded hands, compared to its average volume of 6,781,522. The firm has a market cap of $264.45 billion, a P/E ratio of 45.24, a price-to-earnings-growth ratio of 2.58 and a beta of 1.42. The stock’s fifty day moving average is $268.29 and its 200 day moving average is $306.00. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.14. Salesforce has a one year low of $212.00 and a one year high of $369.00.

Salesforce Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 24th. Investors of record on Thursday, April 10th were given a dividend of $0.42 per share. The ex-dividend date was Thursday, April 10th. This represents a $1.68 annualized dividend and a yield of 0.61%. This is a positive change from Salesforce’s previous quarterly dividend of $0.40. Salesforce’s dividend payout ratio is presently 26.10%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Guggenheim upgraded shares of Salesforce from a “sell” rating to a “neutral” rating in a research report on Monday, April 21st. Scotiabank cut their target price on shares of Salesforce from $400.00 to $345.00 and set a “sector outperform” rating for the company in a research report on Monday, March 17th. Macquarie reiterated a “neutral” rating and set a $320.00 target price on shares of Salesforce in a research report on Thursday, March 20th. Citigroup reiterated an “outperform” rating on shares of Salesforce in a research report on Wednesday. Finally, Cantor Fitzgerald assumed coverage on shares of Salesforce in a research report on Wednesday, April 23rd. They set an “overweight” rating and a $210.00 target price for the company. One research analyst has rated the stock with a sell rating, five have given a hold rating, thirty-two have issued a buy rating and five have given a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $348.59.

Insiders Place Their Bets

In related news, insider Miguel Milano sold 705 shares of Salesforce stock in a transaction on Friday, May 23rd. The shares were sold at an average price of $279.44, for a total value of $197,005.20. Following the transaction, the insider now directly owns 9,323 shares of the company’s stock, valued at $2,605,219.12. The trade was a 7.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Robin L. Washington bought 1,695 shares of the firm’s stock in a transaction that occurred on Friday, February 28th. The stock was purchased at an average cost of $294.61 per share, for a total transaction of $499,363.95. Following the completion of the purchase, the director now owns 43,445 shares of the company’s stock, valued at $12,799,331.45. This trade represents a 4.06% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders have sold 46,553 shares of company stock valued at $12,897,323. 3.20% of the stock is currently owned by corporate insiders.

Institutional Trading of Salesforce

Several large investors have recently added to or reduced their stakes in CRM. Bison Wealth LLC grew its position in shares of Salesforce by 9.0% in the 4th quarter. Bison Wealth LLC now owns 2,234 shares of the CRM provider’s stock worth $747,000 after buying an additional 184 shares during the period. Revolve Wealth Partners LLC grew its position in shares of Salesforce by 12.6% in the 4th quarter. Revolve Wealth Partners LLC now owns 1,827 shares of the CRM provider’s stock worth $611,000 after buying an additional 205 shares during the period. Finally, Brighton Jones LLC grew its position in shares of Salesforce by 13.7% in the 4th quarter. Brighton Jones LLC now owns 25,668 shares of the CRM provider’s stock worth $8,582,000 after buying an additional 3,102 shares during the period. Institutional investors 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.