Salesforce (NYSE:CRM) Issues FY 2026 Earnings Guidance

Salesforce (NYSE:CRM - Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 11.270-11.330 for the period, compared to the consensus 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.

Wall Street Analyst Weigh In

CRM has been the topic of several recent analyst reports. The Goldman Sachs Group lifted their price objective on Salesforce from $340.00 to $385.00 and gave the company a "buy" rating in a report on Thursday. Oppenheimer reiterated an "outperform" rating and set a $370.00 price objective (down previously from $380.00) on shares of Salesforce in a report on Thursday. Scotiabank cut their price objective on shares of Salesforce from $400.00 to $345.00 and set a "sector outperform" rating on the stock in a research report on Monday, March 17th. Barclays lowered their price target on shares of Salesforce from $425.00 to $347.00 and set an "overweight" rating on the stock in a research note on Thursday. Finally, Royal Bank of Canada lowered shares of Salesforce from an "outperform" rating to a "sector perform" rating and lowered their price target for the company from $420.00 to $275.00 in a research note on Thursday. Two analysts have rated the stock with a sell rating, six have issued a hold rating, thirty have given a buy rating and five have given a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $342.90.

Salesforce Price Performance

CRM traded down $1.51 on Friday, reaching $265.41. The stock had a trading volume of 1,424,158 shares, compared to its average volume of 6,988,099. Salesforce has a fifty-two week low of $212.00 and a fifty-two week high of $369.00. The firm has a 50-day moving average of $267.78 and a 200-day moving average of $305.28. 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 $255.16 billion, a price-to-earnings ratio of 43.46, a price-to-earnings-growth ratio of 2.58 and a beta of 1.42.

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

Salesforce Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 24th. Stockholders of record on Thursday, April 10th were paid a $0.42 dividend. This is a boost from Salesforce's previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Thursday, April 10th. This represents a $1.68 annualized dividend and a dividend yield of 0.63%. Salesforce's dividend payout ratio is presently 25.98%.

Insider Activity

In related news, CAO Sundeep G. Reddy sold 500 shares of the firm's stock in a transaction that occurred on Friday, May 2nd. The stock was sold at an average price of $275.00, for a total transaction of $137,500.00. Following the completion of the sale, the chief accounting officer now owns 11,711 shares of the company's stock, valued at $3,220,525. This trade represents a 4.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Amy E. Weaver sold 6,221 shares of the firm's stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $277.37, for a total value of $1,725,518.77. Following the sale, the chief financial officer now directly owns 46,750 shares of the company's stock, valued at $12,967,047.50. This represents a 11.74% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 46,553 shares of company stock valued at $12,897,323. Company insiders own 3.20% of the company's stock.

Institutional Investors Weigh In On Salesforce

Large investors have recently added to or reduced their stakes in the business. Revolve Wealth Partners LLC grew its stake in Salesforce by 12.6% during the fourth quarter. Revolve Wealth Partners LLC now owns 1,827 shares of the CRM provider's stock worth $611,000 after purchasing an additional 205 shares during the period. Bison Wealth LLC boosted its holdings in Salesforce by 9.0% in the fourth quarter. Bison Wealth LLC now owns 2,234 shares of the CRM provider's stock worth $747,000 after acquiring an additional 184 shares in the last quarter. Finally, Brighton Jones LLC lifted its holdings in shares of Salesforce by 13.7% in the fourth 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 in the last quarter. 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.