Salesforce (NYSE:CRM) Issues Q2 2026 Earnings Guidance

Salesforce (NYSE:CRM - Get Free Report) issued an update on its second quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 2.760-2.780 for the period, compared to the consensus estimate of 2.730. The company issued revenue guidance of $10.1 billion-$10.2 billion, compared to the consensus revenue estimate of $10.0 billion. Salesforce also updated its FY 2026 guidance to 11.270-11.330 EPS.

Salesforce Stock Down 0.7%

Shares of NYSE CRM traded down $1.89 during mid-day trading on Friday, hitting $265.03. The company had a trading volume of 12,373,506 shares, compared to its average volume of 6,790,605. Salesforce has a one year low of $216.06 and a one year high of $369.00. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $254.80 billion, a PE ratio of 43.59, a price-to-earnings-growth ratio of 2.58 and a beta of 1.42. The firm has a 50-day simple moving average of $267.31 and a two-hundred day simple moving average of $304.75.

Salesforce (NYSE:CRM - Get Free Report) last posted its quarterly earnings results on Wednesday, May 28th. The CRM provider reported $2.58 EPS for the quarter, topping analysts' consensus estimates of $2.55 by $0.03. Salesforce had a return on equity of 12.34% and a net margin of 15.96%. The business had revenue of $9.83 billion during the quarter, compared to analysts' expectations of $9.74 billion. During the same quarter last year, the company posted $2.44 earnings per share. Salesforce's quarterly revenue was up 7.6% on a year-over-year basis. On average, equities analysts expect that Salesforce will post 7.46 EPS for the current year.

Salesforce Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 24th. Stockholders of record on Thursday, April 10th were issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 0.63%. The ex-dividend date was Thursday, April 10th. This is a boost from Salesforce's previous quarterly dividend of $0.40. Salesforce's payout ratio is currently 25.98%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on CRM shares. Needham & Company LLC restated a "buy" rating and set a $400.00 price objective on shares of Salesforce in a report on Wednesday. Stephens reduced their price objective on Salesforce from $311.00 to $309.00 and set an "equal weight" rating for the company in a report on Friday. Sanford C. Bernstein lifted their price target on shares of Salesforce from $243.00 to $255.00 and gave the company an "underperform" rating in a research report on Thursday. Wells Fargo & Company lifted their price target on shares of Salesforce from $255.00 to $275.00 and gave the company an "equal weight" rating in a research report on Thursday. Finally, Stifel Nicolaus dropped their price target on shares of Salesforce from $425.00 to $375.00 and set a "buy" rating for the company in a research report on Thursday, February 27th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating, twenty-eight have issued a buy rating and four have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $343.32.

Insider Activity

In other Salesforce news, insider Miguel Milano sold 705 shares of the stock in a transaction dated Friday, May 23rd. The shares were sold at an average price of $279.44, for a total value of $197,005.20. Following the completion of the sale, the insider now owns 9,323 shares in the company, valued at approximately $2,605,219.12. This trade represents a 7.03% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Sundeep G. Reddy sold 1,909 shares of the stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $284.58, for a total transaction of $543,263.22. Following the transaction, the chief accounting officer now directly owns 11,310 shares of the company's stock, valued at $3,218,599.80. This represents a 14.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 46,553 shares of company stock worth $12,897,323. Company insiders own 3.20% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Brighton Jones LLC boosted its holdings in Salesforce by 13.7% in the 4th quarter. Brighton Jones LLC now owns 25,668 shares of the CRM provider's stock valued at $8,582,000 after purchasing an additional 3,102 shares during the period. Revolve Wealth Partners LLC boosted its holdings in Salesforce by 12.6% in the 4th quarter. Revolve Wealth Partners LLC now owns 1,827 shares of the CRM provider's stock valued at $611,000 after purchasing an additional 205 shares during the period. Finally, Bison Wealth LLC lifted its holdings in shares of Salesforce by 9.0% during the 4th quarter. Bison Wealth LLC now owns 2,234 shares of the CRM provider's stock worth $747,000 after acquiring an additional 184 shares during the last quarter. 80.43% of the stock is owned by institutional investors.

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.