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NYSE:CRM

salesforce.com Stock Forecast, Price & News

$238.43
-11.87 (-4.74 %)
(As of 10/28/2020 12:00 AM ET)
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Today's Range
$238.01
Now: $238.43
$245.45
50-Day Range
$235.99
MA: $250.71
$267.07
52-Week Range
$115.29
Now: $238.43
$284.50
Volume4.34 million shs
Average Volume7.00 million shs
Market Capitalization$216.97 billion
P/E Ratio93.14
Dividend YieldN/A
Beta1.27
salesforce.com, inc. develops enterprise cloud computing solutions with a focus on customer relationship management worldwide. 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. In addition, the company offers Marketing Cloud to plan, personalize, and optimize one-to-one customer marketing interactions; and Commerce Cloud, which enables companies to enhance engagement, conversion, revenue, and loyalty from their customers. Further, it provides Customer 360 Platform that offers no-code to pro-code Platform-as-a-Service tools for building, securing, integrating, and managing the business apps; MuleSoft Anypoint Platform enables customers to connect any system, application, data, or device; Quip collaboration platform, which combines documents, spreadsheets, apps, and chat with live CRM data; and Tableau and Einstein Analytics, provides analytical technology to customers. Additionally, the company offers various solutions for financial services, healthcare and life sciences, manufacturing, consumer goods, government, and philanthropy. The company also provides professional services and education services, including instructor-led and online courses; and support and adoption programs. It provides its services through direct sales; and consulting firms, systems integrators, and other partners. Salesforce and Siemens has a strategic partnership. The company was founded in 1999 and is headquartered in San Francisco, California.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.4Community Rank: 3.9Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.47 out of 5 stars

Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryApplication Software
CUSIP79466L30
Phone415-901-7000
Employees49,000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$17.10 billion
Cash Flow$4.16 per share
Book Value$38.20 per share

Profitability

Net Income$126 million

Miscellaneous

Market Cap$216.97 billion
Next Earnings Date12/1/2020 (Estimated)
OptionableOptionable
$238.43
-11.87 (-4.74 %)
(As of 10/28/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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salesforce.com (NYSE:CRM) Frequently Asked Questions

How has salesforce.com's stock price been impacted by COVID-19?

salesforce.com's stock was trading at $154.57 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CRM shares have increased by 54.3% and is now trading at $238.43.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of salesforce.com?

40 Wall Street analysts have issued "buy," "hold," and "sell" ratings for salesforce.com in the last year. There are currently 2 sell ratings, 3 hold ratings, 33 buy ratings and 2 strong buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for salesforce.com
.

When is salesforce.com's next earnings date?

salesforce.com is scheduled to release its next quarterly earnings announcement on Tuesday, December 1st 2020.
View our earnings forecast for salesforce.com
.

How were salesforce.com's earnings last quarter?

salesforce.com, inc. (NYSE:CRM) posted its earnings results on Tuesday, August, 25th. The CRM provider reported $1.44 earnings per share for the quarter, beating analysts' consensus estimates of $0.67 by $0.77. The CRM provider earned $5.15 billion during the quarter, compared to analysts' expectations of $4.90 billion. salesforce.com had a return on equity of 3.99% and a net margin of 12.21%. The firm's revenue for the quarter was up 28.9% compared to the same quarter last year. During the same period last year, the company earned $0.66 EPS.
View salesforce.com's earnings history
.

What guidance has salesforce.com issued on next quarter's earnings?

salesforce.com updated its FY21 earnings guidance on Tuesday, August, 25th. The company provided EPS guidance of $3.72-3.74 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.96. The company issued revenue guidance of $20.70-20.80 billion, compared to the consensus revenue estimate of $20.09 billion.

What price target have analysts set for CRM?

40 equities research analysts have issued 1 year target prices for salesforce.com's shares. Their forecasts range from $160.00 to $325.00. On average, they expect salesforce.com's stock price to reach $246.74 in the next twelve months. This suggests a possible upside of 3.5% from the stock's current price.
View analysts' price targets for salesforce.com
.

Has salesforce.com been receiving favorable news coverage?

News headlines about CRM stock have trended extremely negative this week, InfoTrie reports. InfoTrie identifies negative and positive media coverage by monitoring 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 closest to five being the most favorable. salesforce.com earned a media sentiment score of -5.0 on InfoTrie's scale. They also gave news coverage about the CRM provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future.
View the latest news about salesforce.com
.

Are investors shorting salesforce.com?

salesforce.com saw a decrease in short interest in September. As of September 30th, there was short interest totaling 11,790,000 shares, a decrease of 17.1% from the September 15th total of 14,220,000 shares. Based on an average daily trading volume, of 7,710,000 shares, the short-interest ratio is currently 1.5 days.
View salesforce.com's Short Interest
.

Who are some of salesforce.com's key competitors?

What other stocks do shareholders of salesforce.com own?

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

Who are salesforce.com's key executives?

salesforce.com's management team includes the following people:
  • Mr. Marc R. Benioff, Co-Founder, Chairman & CEO (Age 55, Pay $5.97M)
  • Mr. Mark J. Hawkins, Pres & CFO (Age 61, Pay $2.03M)
  • Mr. Bret Steven Taylor, Pres & COO (Age 40, Pay $1.94M)
  • Mr. Srinivas Tallapragada, Pres & Chief Engineering Officer (Age 50, Pay $1.81M)
  • Mr. Parker Harris, Co-Founder, CTO & Director (Age 53, Pay $2M)
  • Mr. Keith G. Block, Advisor to the Chief Exec. Officer (Age 59, Pay $11.49M)
  • Mr. Gavin E. Patterson, Pres & Chief Revenue Officer (Age 52)
  • Mr. Alexandre Dayon, Pres & Chief Strategy Officer (Age 52)
  • Ms. Amy E. Weaver, Pres, Chief Legal Officer & Sec. (Age 52)
  • Mr. Brent Hyder, Pres & Chief People Officer (Age 55)

What is salesforce.com's stock symbol?

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

Who are salesforce.com's major shareholders?

salesforce.com's stock is owned by many different retail and institutional investors. Top institutional investors include Assenagon Asset Management S.A. (0.30%), Envestnet Asset Management Inc. (0.09%), Retirement Systems of Alabama (0.08%), KBC Group NV (0.08%), Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (0.07%) and State of New Jersey Common Pension Fund D (0.07%). Company insiders that own salesforce.com stock include Alan G Hassenfeld, Alexandre Dayon, Amy E Weaver, Brent Hyder, 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, 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 AMI Asset Management Corp, Waverton Investment Management Ltd, Psagot Investment House Ltd., Standard Life Aberdeen plc, Locust Wood Capital Advisers LLC, Ziegler Capital Management LLC, Nissay Asset Management Corp Japan ADV, and Columbus Circle Investors. Company insiders that have sold salesforce.com company stock in the last year include Alan G Hassenfeld, Alexandre Dayon, Amy E Weaver, Brent Hyder, Bret Steven Taylor, Craig Conway, Joe Allanson, John Victor Roos, Keith Block, Marc Benioff, Mark J Hawkins, Parker Harris, Sanford Robertson, and Srinivas Tallapragada.
View insider buying and selling activity for salesforce.com
.

Which institutional investors are buying salesforce.com stock?

CRM stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Gateway Investment Advisers LLC, Milestone Resources Group Ltd, Cornerstone Capital Inc., Vantage Investment Partners LLC, Westwood Management Corp IL, Envestnet Asset Management Inc., and Bradley Foster & Sargent Inc. CT.
View insider buying and selling activity 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 $238.43.

How big of a company is salesforce.com?

salesforce.com has a market capitalization of $216.97 billion and generates $17.10 billion in revenue each year. The CRM provider earns $126 million in net income (profit) each year or $1.02 on an earnings per share basis. salesforce.com employs 49,000 workers across the globe.

What is salesforce.com's official website?

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

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]

This page was last updated on 10/29/2020 by MarketBeat.com Staff

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