Salesforce Inc. (NYSE:CRM) Given Consensus Recommendation of “Moderate Buy” by Analysts

Salesforce Inc. (NYSE:CRM) has been given an average recommendation of “Moderate Buy” by the forty-five brokerages that are presently covering the firm, Marketbeat.com reports. Four investment analysts have rated the stock with a sell recommendation, twelve have given a hold recommendation, twenty-eight have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $254.4211.

CRM has been the subject of a number of analyst reports. Sanford C. Bernstein decreased their price target on Salesforce from $194.00 to $173.00 and set an “underperform” rating for the company in a report on Thursday, May 28th. TD Cowen reiterated a “buy” rating on shares of Salesforce in a research note on Friday, June 12th. Monness Crespi & Hardt raised shares of Salesforce from a “neutral” rating to a “buy” rating and set a $200.00 target price on the stock in a research report on Thursday, June 18th. Truist Financial downgraded shares of Salesforce to a “market perform” rating in a research note on Wednesday. Finally, Citigroup raised shares of Salesforce from a “market outperform” rating to a “buy” rating in a report on Wednesday.

Institutional Trading of Salesforce

Hedge funds and other institutional investors have recently modified their holdings of the business. Commonwealth Retirement Investments LLC purchased a new position in Salesforce in the fourth quarter valued at about $25,000. Board of the Pension Protection Fund purchased a new stake in Salesforce during the 4th quarter worth approximately $26,000. Key Capital Management INC acquired a new position in shares of Salesforce in the 4th quarter valued at approximately $26,000. Gilpin Wealth Management LLC acquired a new position in shares of Salesforce in the 4th quarter valued at approximately $26,000. Finally, Legacy Bridge LLC purchased a new position in shares of Salesforce during the 4th quarter valued at approximately $27,000. 80.43% of the stock is owned by hedge funds and other institutional investors.

Salesforce News Roundup

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Guggenheim upgraded Salesforce to Buy and argued that recent selloff levels make the shares more attractive, helping lift sentiment around the stock. Salesforce Will Face AI Disruption but Stock Still Gets an Upgrade to Buy
• Positive Sentiment: Other commentary echoed the upgrade, with analysts saying Salesforce and other beaten-down software names may be poised for a rebound after recent pressure. Upgrade Boosts 2 Beaten-Down Software Stocks
• Positive Sentiment: Citizens reiterated a Market Outperform rating following Salesforce’s Fin acquisition and Agentforce expansion, reinforcing the bull case that AI and product integration can support future upside. Citizens Reiterates Market Outperform Rating on Salesforce (CRM) Following Fin Acquisition and Agentforce Expansion
• Neutral Sentiment: Several articles highlighted that Salesforce has fallen sharply over the past month and June, which frames the stock as a deep pullback candidate but also shows ongoing investor skepticism about growth and AI monetization. Salesforce (CRM) Down More Than 10% Over the Past Month, Here’s What You Need to Know
• Neutral Sentiment: Analysts continue debating Salesforce’s AI growth outlook, with some trimming fair value estimates while others say recent weakness may have overdone concerns around AI “hallucination” and competition. Salesforce (CRM) Stock Sees Modest Fair Value Cut As Analysts Debate AI Growth

Salesforce Trading Up 4.2%

Shares of CRM opened at $163.32 on Thursday. Salesforce has a 12 month low of $146.32 and a 12 month high of $276.80. The stock’s 50-day moving average is $174.14 and its two-hundred day moving average is $198.62. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.79 and a quick ratio of 0.79. The stock has a market cap of $133.76 billion, a PE ratio of 18.90, a P/E/G ratio of 0.98 and a beta of 1.18.

Salesforce (NYSE:CRM) last posted its earnings results on Wednesday, May 27th. The CRM provider reported $3.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.13 by $0.75. The business had revenue of $11.13 billion during the quarter, compared to analyst estimates of $11.05 billion. Salesforce had a return on equity of 18.72% and a net margin of 18.73%.The company’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same quarter last year, the firm earned $2.58 earnings per share. Salesforce has set its FY 2027 guidance at 14.060-14.120 EPS and its Q2 2027 guidance at 3.250-3.270 EPS. Equities analysts forecast that Salesforce will post 10.29 earnings per share for the current fiscal year.

Salesforce Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Shareholders of record on Thursday, June 11th will be given a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, June 11th. Salesforce’s dividend payout ratio is presently 20.37%.

Salesforce declared that its board has authorized a share repurchase plan on Monday, March 16th that permits the company to repurchase $25.00 billion in shares. This repurchase authorization permits the CRM provider to purchase up to 14.1% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s board of directors believes its stock is undervalued.

Salesforce Company Profile

Salesforce, founded in 1999 and headquartered in San Francisco, is a global provider of cloud-based software focused on customer relationship management (CRM) and enterprise applications. The company popularized the software-as-a-service (SaaS) model for CRM and has built a broad portfolio of products designed to help organizations manage sales, service, marketing, commerce and analytics through a unified, cloud-first platform.

Core offerings include Sales Cloud for sales automation, Service Cloud for customer support, Marketing Cloud for digital marketing and engagement, and Commerce Cloud for e-commerce.