S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
NYSE:CRM

Salesforce (CRM) Stock Forecast, Price & News

$159.65
+4.05 (+2.60%)
(As of 05/20/2022 06:40 PM ET)
Add
Compare
Today's Range
$154.55
$160.73
50-Day Range
$155.60
$221.29
52-Week Range
$154.55
$311.75
Volume
9.07 million shs
Average Volume
7.43 million shs
Market Capitalization
$158.11 billion
P/E Ratio
106.43
Dividend Yield
N/A
Beta
1.16
30 days | 90 days | 365 days | Advanced Chart
Receive CRM News and Ratings via Email

Sign-up to receive the latest news and ratings for Salesforce and its competitors with MarketBeat's FREE daily newsletter.

Salesforce logo

About Salesforce

Salesforce, Inc. provides customer relationship management technology that brings companies and customers together worldwide. Its Customer 360 platform empowers its customers to work together to deliver connected experiences for their customers. The company's service offerings include Sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and relationship intelligence, and deliver quotes, contracts, and invoices; and Service that enables companies to deliver trusted and highly personalized customer service and support at scale. Its service offerings also comprise flexible platform that enables companies of various sizes, locations, and industries to build business apps to bring them closer to their customers with drag-and-drop tools; online learning platform that allows anyone to learn in-demand Salesforce skills; and Slack, a system of engagement. In addition, the company's service offerings include Marketing offering that enables companies to plan, personalize, and optimize one-to-one customer marketing journeys; and Commerce offering, which empowers brands to unify the customer experience across mobile, web, social, and store commerce points. Further, its service offerings comprise Tableau, an end-to-end analytics solution serving various enterprise use cases; and MuleSoft, an integration offering that allows its customers to unlock data across their enterprise. The company provides its service offering for customers in financial services, healthcare and life sciences, manufacturing, and other industries. It also offers professional services; and in-person and online courses to certify its customers and partners on architecting, administering, deploying, and developing its service offerings. The company provides its services through direct sales; and consulting firms, systems integrators, and other partners. Salesforce, Inc. was incorporated in 1999 and is headquartered in San Francisco, California.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Application Software
CUSIP
79466L30
Employees
73,541
Year Founded
1999

Sales & Book Value

Annual Sales
$26.49 billion
Cash Flow
$7.40 per share
Book Value
$59.02 per share

Profitability

Net Income
$1.44 billion
Pretax Margin
5.78%

Debt

Price-To-Earnings

Miscellaneous

Free Float
949,760,000
Market Cap
$158.11 billion
Optionable
Optionable

Company Calendar

Last Earnings
3/01/2022
Today
5/23/2022
Next Earnings (Confirmed)
5/31/2022
Fiscal Year End
1/31/2023

Social Links


MarketRank

Overall MarketRank

2.77 out of 5 stars

Computer And Technology Sector

91st out of 919 stocks

Prepackaged Software Industry

17th out of 297 stocks

Analyst Opinion: 4.5Community Rank: 5.0Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 -













Salesforce (NYSE:CRM) Frequently Asked Questions

Is Salesforce a buy right now?

39 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Salesforce in the last year. There are currently 3 hold ratings, 35 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Salesforce stock.
View analyst ratings for Salesforce
or view top-rated stocks.

Are investors shorting Salesforce?

Salesforce saw a drop in short interest during the month of April. As of April 30th, there was short interest totaling 12,370,000 shares, a drop of 13.7% from the April 15th total of 14,340,000 shares. Based on an average daily trading volume, of 7,070,000 shares, the short-interest ratio is presently 1.7 days.
View Salesforce's Short Interest
.

When is Salesforce's next earnings date?

Salesforce is scheduled to release its next quarterly earnings announcement on Tuesday, May 31st 2022.
View our earnings forecast for Salesforce
.

How can I listen to Salesforce's earnings call?

Salesforce will be holding an earnings conference call on Tuesday, May 31st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Salesforce's earnings last quarter?

Salesforce, Inc. (NYSE:CRM) posted its quarterly earnings results on Tuesday, March, 1st. The CRM provider reported $0.24 EPS for the quarter, topping the consensus estimate of $0.12 by $0.12. The CRM provider had revenue of $7.33 billion for the quarter, compared to analysts' expectations of $7.24 billion. Salesforce had a trailing twelve-month return on equity of 4.76% and a net margin of 5.45%. The company's revenue for the quarter was up 25.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.54 EPS.
View Salesforce's earnings history
.

What guidance has Salesforce issued on next quarter's earnings?

Salesforce updated its FY 2023 earnings guidance on Tuesday, March, 29th. The company provided EPS guidance of $4.620-$4.640 for the period, compared to the consensus estimate of $4.740. The company issued revenue guidance of $32 billion-$32.10 billion, compared to the consensus revenue estimate of $31.78 billion.

What price target have analysts set for CRM?

39 brokers have issued twelve-month target prices for Salesforce's shares. Their forecasts range from $185.00 to $375.00. On average, they anticipate Salesforce's stock price to reach $292.29 in the next twelve months. This suggests a possible upside of 83.1% from the stock's current price.
View analysts' price targets for Salesforce
or view top-rated stocks among Wall Street analysts.

Who are Salesforce's key executives?
Salesforce's management team includes the following people:
What is Marc Benioff's approval rating as Salesforce's CEO?

1,953 employees have rated Salesforce CEO Marc Benioff on Glassdoor.com. Marc Benioff has an approval rating of 97% among Salesforce's employees. This puts Marc Benioff in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Salesforce own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Salesforce investors own include NVIDIA (NVDA), Alibaba Group (BABA), Netflix (NFLX), Walt Disney (DIS), PayPal (PYPL), Tesla (TSLA), Visa (V), Advanced Micro Devices (AMD), Adobe (ADBE) and Micron Technology (MU).

What is Salesforce's stock symbol?

Salesforce trades on the New York Stock Exchange (NYSE) under the ticker symbol "CRM."

Who are Salesforce's major shareholders?

Salesforce's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.84%), State Street Corp (4.51%), Fisher Asset Management LLC (1.54%), Jennison Associates LLC (1.36%), Wellington Management Group LLP (1.26%) and Northern Trust Corp (1.20%). Company insiders that own Salesforce stock include Alan G Hassenfeld, Amy E Weaver, Amy E Weaver, Brent Hyder, Bret Steven Taylor, Gavin Patterson, Joe Allanson, John Victor Roos, Marc Benioff, Mark J Hawkins, Parker Harris, Sanford Robertson, Shawn R Phillips and Srinivas Tallapragada.
View institutional ownership trends for Salesforce
.

Which major investors are selling Salesforce stock?

CRM stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, UBS Group AG, Jane Street Group LLC, Bank of New York Mellon Corp, Invesco Ltd., American Century Companies Inc., National Bank of Canada FI, and First Trust Advisors LP. Company insiders that have sold Salesforce company stock in the last year include Amy E Weaver, Brent Hyder, Bret Steven Taylor, Gavin Patterson, Joe Allanson, Marc Benioff, Parker Harris, Shawn R Phillips, and Srinivas Tallapragada.
View insider buying and selling activity for Salesforce
or view top insider-selling stocks.

Which major investors are buying Salesforce stock?

CRM stock was bought by a variety of institutional investors in the last quarter, including Aaron Wealth Advisors LLC, Vanguard Group Inc., Select Equity Group L.P., Capital World Investors, The Manufacturers Life Insurance Company , Fisher Asset Management LLC, Farallon Capital Management LLC, and Swiss National Bank.
View insider buying and selling activity for Salesforce
or or view top insider-buying stocks.

How do I buy shares of Salesforce?

Shares of CRM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Salesforce's stock price today?

One share of CRM stock can currently be purchased for approximately $159.65.

How much money does Salesforce make?

Salesforce has a market capitalization of $158.11 billion and generates $26.49 billion in revenue each year. The CRM provider earns $1.44 billion in net income (profit) each year or $1.50 on an earnings per share basis.

How many employees does Salesforce have?

Salesforce employs 73,541 workers across the globe.

Does Salesforce have any subsidiaries?

The following companies are subsidiares of Salesforce: 450 Mission LLC, AKTA, AKTA US LLC, Activa Live, Acumen Solutions, Acumen Solutions Consulting Canada Inc., Acumen Solutions Inc., Acumen Solutions UK Ltd., Atonit, Attic Labs, BeyondCore, BeyondCore LLC, Bonobo AI, Bonobot Technologies Ltd., Bonobot Technologies US Inc., Buddy Media, Buddy Media LLC, C Level Club LLC dba The CMO Club, ChoicePass, ClickSoftware, ClickSoftware Australia Pty Ltd, ClickSoftware Brazil Solucoes em Gestao de Forcas de Trabalho Ltda., ClickSoftware Professional Services Ltd., ClickSoftware Technologies Ltd., ClickSoftware Technologies Pty Ltd, Clipboard, Clipboard LLC, Cloud Connect, CloudCraze, CloudCraze Software LLC, Compass Acquisition II Corp., Computable Insights LLC, Coolan, Credential Master Inc., Datorama, Datorama Australia Pty Ltd, Datorama Japan Inc., Datorama Singapore Pte. Ltd., Datorama Technologies Ltd., Datorama UK Ltd., Demandware, Demandware Hong Kong Limited, Demandware LLC, Demandware Securities LLC, Desk.com, Diffeo Inc., DimDim Inc., Dimdim, EdgeSpring, EntropySoft, Etacts, Evergage, Evergage LLC, ExactTarget, ExactTarget AB, ExactTarget Brazil Holding Company LLC, ExactTarget GmbH in liquidation, ExactTarget LLC, ExactTarget Pte. Ltd. in liquidation, ExactTarget Pty. Ltd., ExactTarget S.A.S., Geocloudio Technologies Private Limited, GoInstant, Griddable, Griddable Inc., GroupSwim, Heroku, Heroku Inc., HeyWire, Heywire Inc., Implisit, Implisit Inc., Implisit Insights Ltd., InStranet, Informavores, Jigsaw, Kabushiki Kaisha salesforce.com, Kerensen Consulting, Kerensen Consulting Israel Ltd., Kieden, Koral Technologies, Krux, Krux Digital LLC, LevelJump, LevelJump Software Corp., Lintao SA, Little Ohana LLC, Manymoon, MapAnything, MapAnything LLC, MetaMind, Metamind Inc., MinHash, Mobify, Mobify Research and Development Inc., Mobify USA Inc., Model Metrics, MuleSoft, MuleSoft Germany GmbH in liquidation, MuleSoft Hong Kong Limited, MuleSoft International LLC, MuleSoft LLC, My Salesforce LLC, Narrative Science LLC, Navajo Systems, Optimizer HoldCo S.a.r.l., Optimizer TopCo S.a.r.l., Phennecs, PredictionIO, Prior Knowledge, Quip, Quip LLC, REBEL, Radian6, RebelMail Inc., Relate iq, RelateIQ LLC, Rypple, SFDC 50 Fremont LLC, SFDC Australia Pty. Ltd., SFDC Australia Pty. Ltd. New Zealand Branch, SFDC Austria GmbH, SFDC Columbia S.A.S, SFDC EMEA Data Centre Limited, SFDC France Data Centre Sárl, SFDC Germany Data Centre GmbH, SFDC Holding Co., SFDC International Holdings B.V., SFDC Ireland Limited, SFDC Mexico S. de R.L. de C.V., SFDC Netherlands B.V., SFDC Netherlands B.V. Belgium Branch, SFDC Norway AS, SFDC Portugal Unipessoal LDA, SFDC South Africa Pty Limited, SFDC Sweden AB, SFDC Sweden AB Suomen sivuliike, SFDC Worldwide Holdings Inc., Salesforce Argentina S.R.L., Salesforce Communications LLC, Salesforce Development LLC, Salesforce Foundation, Salesforce GFO Sarl, Salesforce Holdings LLC, Salesforce Maps, Salesforce Radian6, Salesforce Technologies Morocco, Salesforce Tecnologia Ltda., Salesforce UK Limited, Salesforce Ventures LLC, Salesforce Worldwide Holdings Limited, Salesforce.com Danmark filial af SFDC Sweden AB, Salesforce.com India Private Limited Gurgaon Branch, Salesforce.com Korea Limited, Salesforce.com Thailand Co. Ltd., Salesforce.org EMEA Limited, Salesforce.org Germany GmbH, Sendia, Sequence, Sitemasher, Slack, Slack Australia Pty LTD, Slack Fund LLC, Slack Netherlands B.V., Slack Sweden AB, Slack Technologies Inc, Slack Technologies India LLP, Slack Technologies Korea LLC, Slack Technologies LLC, Slack Technologies Limited, Slack UK Limited, SteelBrick, Stypi, Tableau China Co. Ltd., Tableau China Co. Ltd. Beijing Branch, Tableau China Co. Ltd. Guangzhou Branch, Tableau Federal Inc., Tableau Hong Kong Company Limited, Tableau International LLC, Tableau Software, Tableau Software India Pvt. Ltd., Tableau Software LLC, Tempo AI, The CMO Club, Thinkfuse, Tomax India Software Private Limited, Tomax LLC, Toopher, Twin Prime, Twin Prime Inc., Vlocity, Vlocity AR SRL, Vlocity Aplicativos em Nuvem Brasil Ltda., Vlocity Cloud Applications India Private Limited, Vlocity Cloud Applications Mexico S. de R.L. de C.V., Vlocity Cloud Applications Spain SLU, Vlocity Cloud Computing Israel Ltd., Vlocity Germany GmbH, Vlocity LLC, Vlocity Singapore Pte. Ltd. in liquidation, Vlocity UK Limited, Work.com, YOUR SL, Zorap, gravitytank, roundCorner LLC, salesforce Systems Spain S.L., salesforce.com Canada Corporation, salesforce.com France S.A.S., salesforce.com Germany GmbH, salesforce.com Hong Kong Limited, salesforce.com India Private Limited, salesforce.com India Private Limited Bengaluru Branch, salesforce.com India Private Limited Hyderabad Branch, salesforce.com India Private Limited Mumbai Branch, salesforce.com Information Technology Shanghai Co. Ltd., salesforce.com Information Technology Shanghai Co. Ltd. Beijing Branch, salesforce.com Israel Ltd., salesforce.com Italy S.r.l., salesforce.com LLC, salesforce.com Singapore Pte. Ltd., salesforce.com Taiwan Limited, salesforce.com sarl, and salesforce.org LLC.

When was Salesforce founded?

Salesforce was founded in 1999.

What is Salesforce's official website?

The official website for Salesforce is www.salesforce.com.

How can I contact Salesforce?

Salesforce's mailing address is 415 MISSION STREET, SAN FRANCISCO CA, 94105. The CRM provider can be reached via phone at (415) 901-7000, via email at [email protected], or via fax at 415-901-7040.

This page was last updated on 5/23/2022 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.