What is DA Davidson's Forecast for Salesforce Q3 Earnings?

Key Points

• DA Davidson forecasts Salesforce's Q3 2026 earnings to be $2.17 per share, maintaining a "Neutral" rating and a target price of $225.00 for the stock.
• Salesforce's stock received mixed ratings from various analysts, with target prices ranging from $280.00 to $325.00 and a consensus rating of "Moderate Buy."
• The company declared a quarterly dividend of $0.416 to be paid on October 9th, with a dividend yield of 0.7%.

Salesforce Inc. (NYSE:CRM - Free Report) - Research analysts at DA Davidson issued their Q3 2026 earnings estimates for Salesforce in a report released on Thursday, September 4th. DA Davidson analyst G. Luria anticipates that the CRM provider will post earnings of $2.17 per share for the quarter. DA Davidson has a "Neutral" rating and a $225.00 price target on the stock. 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. Cantor Fitzgerald reiterated an "overweight" rating and issued a $325.00 target price on shares of Salesforce in a research note on Thursday. KeyCorp dropped their target price on shares of Salesforce from $440.00 to $400.00 and set an "overweight" rating on the stock in a research note on Thursday. Stephens lowered their price objective on shares of Salesforce from $311.00 to $309.00 and set an "equal weight" rating on the stock in a research report on Friday, May 30th. Westpark Capital restated a "buy" rating and set a $320.00 price objective on shares of Salesforce in a research report on Wednesday, May 28th. Finally, BMO Capital Markets lowered their price objective on shares of Salesforce from $335.00 to $280.00 and set an "outperform" rating on the stock in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, Salesforce currently has a consensus rating of "Moderate Buy" and a consensus target price of $331.34.

Salesforce Trading Up 2.6%

Shares of NYSE CRM opened at $250.40 on Monday. The firm's 50 day moving average price is $255.64 and its 200-day moving average price is $266.32. The company has a market cap of $238.38 billion, a PE ratio of 36.40, a P/E/G ratio of 2.29 and a beta of 1.22. Salesforce has a 52-week low of $226.48 and a 52-week high of $369.00. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.12 and a current ratio of 1.12.

Salesforce (NYSE:CRM - Get Free Report) last posted its quarterly earnings data on Wednesday, September 3rd. The CRM provider reported $2.91 EPS for the quarter, topping the consensus estimate of $2.78 by $0.13. The business had revenue of $10.24 billion for the quarter, compared to analyst estimates of $10.14 billion. Salesforce had a net margin of 16.87% and a return on equity of 13.27%. Salesforce's quarterly revenue was up 9.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $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

A number of hedge funds and other institutional investors have recently modified their holdings of CRM. Bernard Wealth Management Corp. purchased a new position in shares of Salesforce in the 4th quarter worth $25,000. Painted Porch Advisors LLC grew its stake in shares of Salesforce by 260.0% in the 2nd quarter. Painted Porch Advisors LLC now owns 90 shares of the CRM provider's stock worth $25,000 after buying an additional 65 shares in the last quarter. Evolution Wealth Management Inc. purchased a new position in shares of Salesforce in the 2nd quarter worth $27,000. Wood Tarver Financial Group LLC purchased a new position in shares of Salesforce in the 4th quarter worth $35,000. Finally, Capital A Wealth Management LLC grew its stake in shares of Salesforce by 450.0% in the 1st quarter. Capital A Wealth Management LLC now owns 110 shares of the CRM provider's stock worth $30,000 after buying an additional 90 shares in the last quarter. Institutional investors own 80.43% of the company's stock.

Insider Activity

In other news, CEO Marc Benioff sold 2,250 shares of the stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $241.50, for a total value of $543,375.00. Following the completion of the sale, the chief executive officer directly owned 11,911,571 shares of the company's stock, valued at $2,876,644,396.50. This represents a 0.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have sold 66,077 shares of company stock valued at $16,885,773 over the last three months. Corporate insiders own 3.00% of the company's stock.

Salesforce Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 9th. Stockholders of record on Wednesday, September 17th will be paid a $0.416 dividend. The ex-dividend date of this dividend is Wednesday, September 17th. This represents a $1.66 dividend on an annualized basis and a dividend 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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