salesforce.com, inc. develops enterprise cloud computing solutions with a focus on customer relationship management. The company offers Sales Cloud to store data, monitor leads and progress, forecast opportunities, and gain insights through analytics and relationship intelligence, as well as deliver quotes, contracts, and invoices. It also provides Service Cloud, which enables companies to deliver personalized customer service and support, as well as a field service solution that enables companies to connect agents, dispatchers, and mobile employees through a centralized platform, which helps to schedule and dispatch work, and track and manage jobs in real-time.
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Industry, Sector and Symbol
Industry Prepackaged software
Sub-IndustryApplication Software
SectorComputer and Technology
Phone415-901-7000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$17.10 billion
Profitability
Miscellaneous
Employees35,000
Next Earnings Date6/2/2020 (Estimated)
OptionableOptionable
salesforce.com (NYSE:CRM) Frequently Asked Questions
What is salesforce.com's stock symbol?
salesforce.com trades on the New York Stock Exchange (NYSE) under the ticker symbol "CRM."
How were salesforce.com's earnings last quarter?
salesforce.com, inc. (NYSE:CRM) posted its earnings results on Tuesday, February, 25th. The CRM provider reported $0.66 EPS for the quarter, beating the consensus estimate of $0.56 by $0.10. The CRM provider had revenue of $4.85 billion for the quarter, compared to the consensus estimate of $4.75 billion. salesforce.com had a return on equity of 3.61% and a net margin of 0.74%. During the same quarter in the prior year, the business earned $0.70 earnings per share. View salesforce.com's Earnings History.
When is salesforce.com's next earnings date?
What guidance has salesforce.com issued on next quarter's earnings?
salesforce.com updated its FY21 earnings guidance on Tuesday, February, 25th. The company provided earnings per share (EPS) guidance of $3.16-3.18 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.11. The company issued revenue guidance of $21.0-21.1 billion, compared to the consensus revenue estimate of $20.93 billion.
What price target have analysts set for CRM?
45 equities research analysts have issued twelve-month price objectives for salesforce.com's shares. Their forecasts range from $165.00 to $250.00. On average, they expect salesforce.com's stock price to reach $204.74 in the next year. This suggests a possible upside of 20.2% from the stock's current price. View Analyst Price Targets for salesforce.com.
What is the consensus analysts' recommendation for salesforce.com?
45 Wall Street analysts have issued "buy," "hold," and "sell" ratings for salesforce.com in the last year. There are currently 3 hold ratings, 39 buy ratings and 3 strong buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for salesforce.com.
What are Wall Street analysts saying about salesforce.com stock?
Here are some recent quotes from research analysts about salesforce.com stock:
- 1. According to Zacks Investment Research, "salesforce is gaining from growth in its cloud offerings. The company is benefiting immensely from an expanding partner ecosystem, which is contributing to business wins and boosting its presence globally. Deal wins in the international market is a growth driver. Rapid adoption of its diverse cloud offerings, given an upsurge in demand for digital transformation, is a key catalyst. Additionally, acquisitions like MuleSoft, Tableau, ClickSoftware and Salesforce.org are significant revenue growth drivers. However, stiff competition from Oracle and Microsoft is a concern. Persistence of unfavorable currency fluctuations is a key headwind. Besides, increasing investments in international expansions and data centers are an overhang on profitability." (1/22/2020)
- 2. Nomura analysts commented, "We see a lot of noise that must be sorted through this quarter, following the CRM.org, DATA, and, more recently, ClickSoftware acquisitions, as well as multiple FY guidance revisions. We see difficult comps in both F2Q and F3Q, as we expect Y/Y revenue growth of approx. 20% versus 27.5% Y/Y growth in F3Q19, after closing the MULE acquisition. F3Q20 estimates are somewhat in line with historical expectations, with slightly above Q/Q growth of ~6% vs. the historical average of 4.6%. We continue to highlight the uncertain impact of the moving pieces created via recent acquisitions and proposed acquisitions (such as ClickSoftware)." (8/13/2019)
Has salesforce.com been receiving favorable news coverage?
News stories about CRM stock have trended very negative recently, according to InfoTrie. The research group scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. salesforce.com earned a news sentiment score of -4.0 on InfoTrie's scale. They also gave press coverage about the CRM provider a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the company's share price in the next few days. View News Stories for salesforce.com.
Who are some of salesforce.com's key competitors?
Some companies that are related to salesforce.com include Adobe (ADBE), Intuit (INTU), Workday (WDAY), Autodesk (ADSK), Splunk (SPLK), Synopsys (SNPS), ANSYS (ANSS), Cadence Design Systems (CDNS), SS&C Technologies (SSNC), Citrix Systems (CTXS), Tyler Technologies (TYL), Fair Isaac (FICO), FactSet Research Systems (FDS), Guidewire Software (GWRE) and Pegasystems (PEGA).
What other stocks do shareholders of salesforce.com own?
Who are salesforce.com's key executives?
salesforce.com's management team includes the folowing people:
- Mr. Marc R. Benioff, Co-Founder, Chairman & Co-CEO (Age 54)
- Mr. Keith G. Block, Co-CEO & Director (Age 58)
- Mr. Mark J. Hawkins, Pres & CFO (Age 60)
- Mr. Bret Steven Taylor, Pres & Chief Product Officer (Age 39)
- Mr. Parker Harris, Co-Founder, CTO & Director (Age 52)
Who are salesforce.com's major shareholders?
salesforce.com's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include FMR LLC (10.33%), State Street Corp (3.99%), Jennison Associates LLC (2.18%), Janus Henderson Group PLC (1.48%), Geode Capital Management LLC (1.34%) and Bank of New York Mellon Corp (0.99%). Company insiders that own salesforce.com stock include Alan G Hassenfeld, Alexandre Dayon, Amy E Weaver, Bret Steven Taylor, Craig Conway, Cynthia G Robbins, Joe Allanson, John Victor Roos, Keith Block, Marc Benioff, Maria Martinez, Mark J Hawkins, Neelie Kroes, Parker Harris, Sanford Robertson, Srinivas Tallapragada and Susan Wojcicki. View Institutional Ownership Trends for salesforce.com.
Which institutional investors are selling salesforce.com stock?
CRM stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Jennison Associates LLC, Janus Henderson Group PLC, Capital Research Global Investors, D1 Capital Partners L.P., Fred Alger Management LLC, Renaissance Technologies LLC and Sands Capital Management LLC. Company insiders that have sold salesforce.com company stock in the last year include Alexandre Dayon, Amy E Weaver, Bret Steven Taylor, Craig Conway, Cynthia G Robbins, Joe Allanson, John Victor Roos, Keith Block, Marc Benioff, Mark J Hawkins, Neelie Kroes, Parker Harris, Sanford Robertson and Srinivas Tallapragada. View Insider Buying and Selling for salesforce.com.
Which institutional investors are buying salesforce.com stock?
CRM stock was acquired by a variety of institutional investors in the last quarter, including Polen Capital Management LLC, Private Advisor Group LLC, Farallon Capital Management LLC, Francisco Partners Management LP, Sculptor Capital LP, State Street Corp, FIL Ltd and Senator Investment Group LP. View Insider Buying and Selling for salesforce.com.
How do I buy shares of salesforce.com?
Shares of CRM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is salesforce.com's stock price today?
One share of CRM stock can currently be purchased for approximately $170.40.
How big of a company is salesforce.com?
salesforce.com has a market capitalization of $151.14 billion and generates $17.10 billion in revenue each year. The CRM provider earns $1.11 billion in net income (profit) each year or $1.02 on an earnings per share basis. salesforce.com employs 35,000 workers across the globe.View Additional Information About salesforce.com.
What is salesforce.com's official website?
How can I contact salesforce.com?
salesforce.com's mailing address is 415 MISSION STREET, SAN FRANCISCO CA, 94105. The CRM provider can be reached via phone at 415-901-7000 or via email at [email protected]
MarketBeat Community Rating for salesforce.com (NYSE CRM)
MarketBeat's community ratings are surveys of what our community members think about salesforce.com and other stocks. Vote "Outperform" if you believe CRM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CRM will underperform the S&P 500 over the long term. You may vote once every thirty days.
