Q3 Earnings Forecast for Salesforce Issued By William Blair

Key Points

• William Blair has revised its Q3 2027 earnings per share forecast for Salesforce to $2.37, up from a prior estimate of $2.30, amidst a consensus full-year estimate of $7.46.
• The stock saw a recent target price adjustment from various analysts, with Oppenheimer lowering it to $315.00, while Morgan Stanley slightly increased theirs to $405.00, reflecting mixed investor sentiment.
• Salesforce announced a quarterly dividend of $0.416 per share, with a scheduled payment date on October 9th, representing an annualized yield of 0.7%.

Salesforce Inc. (NYSE:CRM - Free Report) - Stock analysts at William Blair boosted their Q3 2027 earnings per share estimates for Salesforce in a note issued to investors on Thursday, September 4th. William Blair analyst A. Bhatia now expects that the CRM provider will earn $2.37 per share for the quarter, up from their previous estimate of $2.30. The consensus estimate for Salesforce's current full-year earnings is $7.46 per share.

CRM has been the topic of several other research reports. Oppenheimer lowered their target price on Salesforce from $370.00 to $315.00 and set an "outperform" rating on the stock in a report on Tuesday, August 26th. Robert W. Baird decreased their price objective on Salesforce from $365.00 to $325.00 and set an "outperform" rating on the stock in a research note on Thursday. Westpark Capital reaffirmed a "buy" rating and set a $320.00 price objective on shares of Salesforce in a research note on Wednesday, May 28th. Morgan Stanley increased their price objective on Salesforce from $404.00 to $405.00 and gave the company an "overweight" rating in a research note on Tuesday, September 2nd. Finally, Wells Fargo & Company decreased their price objective on Salesforce from $275.00 to $265.00 and set an "equal weight" rating on the stock in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $331.34.

Salesforce Stock Up 2.6%

Salesforce stock opened at $250.40 on Monday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.12 and a current ratio of 1.12. The firm has a market capitalization of $238.38 billion, a price-to-earnings ratio of 36.40, a price-to-earnings-growth ratio of 2.29 and a beta of 1.22. Salesforce has a fifty-two week low of $226.48 and a fifty-two week high of $369.00. The stock's fifty day moving average is $255.64 and its two-hundred day moving average is $266.32.

Salesforce (NYSE:CRM - Get Free Report) last posted its earnings results on Wednesday, September 3rd. The CRM provider reported $2.91 earnings per share for the quarter, beating the consensus estimate of $2.78 by $0.13. The company had revenue of $10.24 billion for the quarter, compared to analyst estimates of $10.14 billion. Salesforce had a return on equity of 13.27% and a net margin of 16.87%.Salesforce's revenue was up 9.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.56 earnings per share. Salesforce has set its FY 2026 guidance at 11.330-11.370 EPS. Q3 2026 guidance at 2.840-2.860 EPS.

Hedge Funds Weigh In On Salesforce

Several large investors have recently added to or reduced their stakes in the business. AIA Group Ltd raised its holdings in shares of Salesforce by 8.0% in the 1st quarter. AIA Group Ltd now owns 32,885 shares of the CRM provider's stock worth $8,825,000 after purchasing an additional 2,436 shares during the period. Notis McConarty Edward raised its holdings in shares of Salesforce by 71.6% in the 1st quarter. Notis McConarty Edward now owns 3,844 shares of the CRM provider's stock worth $1,032,000 after purchasing an additional 1,604 shares during the period. Aberdeen Group plc raised its holdings in shares of Salesforce by 1.5% in the 1st quarter. Aberdeen Group plc now owns 1,036,482 shares of the CRM provider's stock worth $274,802,000 after purchasing an additional 15,782 shares during the period. Leith Wheeler Investment Counsel Ltd. raised its holdings in shares of Salesforce by 43.0% in the 1st quarter. Leith Wheeler Investment Counsel Ltd. now owns 104,834 shares of the CRM provider's stock worth $28,133,000 after purchasing an additional 31,537 shares during the period. Finally, Alecta Tjanstepension Omsesidigt raised its holdings in shares of Salesforce by 121.9% in the 1st quarter. Alecta Tjanstepension Omsesidigt now owns 355,000 shares of the CRM provider's stock worth $95,222,000 after purchasing an additional 195,000 shares during the period. 80.43% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CEO Marc Benioff sold 2,250 shares of the stock in a transaction dated Wednesday, July 16th. The stock was sold at an average price of $257.02, for a total transaction of $578,295.00. Following the transaction, the chief executive officer directly owned 11,911,571 shares in the company, valued at approximately $3,061,511,978.42. This represents a 0.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders sold 66,077 shares of company stock worth $16,885,773 in the last quarter. Corporate insiders own 3.00% of the company's stock.

Salesforce Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 9th. Investors of record on Wednesday, September 17th will be given a dividend of $0.416 per share. The ex-dividend date is Wednesday, September 17th. This represents a $1.66 annualized dividend and a yield of 0.7%. Salesforce's dividend payout ratio is 24.13%.

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.

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