NYSE:CRM

salesforce.com Stock Forecast, Price & News

$240.31

+0.12 (+0.05 %)

(As of 06/11/2021 12:00 AM ET)

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Today's Range

$238.41

▼

$240.37

50-Day Range

$210.54

▼

$240.31

52-Week Range

$171.27

▼

$284.50

Volume4.62 million shs

Average Volume6.21 million shs

Market Capitalization$222.53 billion

P/E Ratio50.27

Dividend YieldN/A

Beta1.09

30 days | 90 days | 365 days | Advanced Chart

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About salesforce.com

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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June 10, 2021 | finance.yahoo.com

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Salesforce.com Annual Virtual Stockholders Meeting At 2:00 PM ET - Nasdaq
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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Prepackaged software
Sub-IndustryApplication Software
SectorComputer and Technology
Current SymbolNYSE:CRM
Previous Symbol
CUSIP79466L30
CIK1108524
Webwww.salesforce.com
Phone415-901-7000
Employees56,606
Year Founded1999

Sales & Book Value

Annual Sales$21.25 billion
Price / Sales10.47
Cash Flow$6.88 per share
Price / Cash Flow34.92
Book Value$45.97 per share
Price / Book5.23

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares926,000,000
Market Cap$222.53 billion
Next Earnings Date8/24/2021 (Estimated)
OptionableOptionable

Social Links

MarketRank^™

Overall MarketRank^™

1.92 out of 5 stars

Computer And Technology Sector

85th out of 1,582 stocks

Prepackaged Software Industry

22nd out of 312 stocks

3.4 Analyst's Opinion

Consensus Rating
salesforce.com has received a consensus rating of Buy. The company's average rating score is 2.82, and is based on 26 buy ratings, 7 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $276.69, salesforce.com has a forecasted upside of 15.1% from its current price of $240.31.
Amount of Analyst Coverage
salesforce.com has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.9 Community Rank

Outperform Votes
salesforce.com has received 2,966 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
salesforce.com has received 841 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
salesforce.com has received 77.91% “outperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
salesforce.com does not currently pay a dividend.
Dividend Growth
salesforce.com does not have a long track record of dividend growth.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, salesforce.com insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $42,875,961.00 in company stock.
Percentage Held by Insiders
Only 4.10% of the stock of salesforce.com is held by insiders.
Percentage Held by Institutions
76.13% of the stock of salesforce.com is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for salesforce.com are expected to grow by 3.12% in the coming year, from $1.60 to $1.65 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of salesforce.com is 50.27, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.45.
Price to Earnings Ratio vs. Sector
The P/E ratio of salesforce.com is 50.27, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 42.33.
Price to Earnings Growth Ratio
salesforce.com has a PEG Ratio of 8.14. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
salesforce.com has a P/B Ratio of 5.23. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

salesforce.com (NYSE:CRM) Frequently Asked Questions

Is salesforce.com a buy right now?

34 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for salesforce.com in the last year. There are currently 7 hold ratings, 26 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" salesforce.com stock.
View analyst ratings for salesforce.com or view top-rated stocks.

What stocks does MarketBeat like better than salesforce.com?

Wall Street analysts have given salesforce.com a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but salesforce.com wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is salesforce.com's next earnings date?

salesforce.com is scheduled to release its next quarterly earnings announcement on Tuesday, August 24th 2021.
View our earnings forecast for salesforce.com.

How were salesforce.com's earnings last quarter?

salesforce.com, inc. (NYSE:CRM) posted its quarterly earnings results on Wednesday, May, 26th. The CRM provider reported $1.21 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.88 by $0.33. The CRM provider had revenue of $5.96 billion for the quarter, compared to the consensus estimate of $5.89 billion. salesforce.com had a trailing twelve-month return on equity of 8.02% and a net margin of 19.88%. The firm's quarterly revenue was up 22.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.70 earnings per share.
View salesforce.com's earnings history.

How has salesforce.com's stock 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 (WHO). Since then, CRM stock has increased by 55.5% and is now trading at $240.31.
View which stocks have been most impacted by COVID-19.

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

salesforce.com issued an update on its FY 2022 earnings guidance on Tuesday, June, 8th. The company provided EPS guidance of $3.790-3.810 for the period, compared to the Thomson Reuters consensus estimate of $3.430. The company issued revenue guidance of $25.90 billion-26 billion, compared to the consensus revenue estimate of $25.76 billion.

What price target have analysts set for CRM?

34 Wall Street analysts have issued twelve-month price objectives for salesforce.com's shares. Their forecasts range from $225.00 to $320.00. On average, they anticipate salesforce.com's share price to reach $276.69 in the next year. This suggests a possible upside of 15.1% from the stock's current price.
View analysts' price targets for salesforce.com or view top-rated stocks among Wall Street analysts.

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 56, Pay $5.74M) (LinkedIn Profile)
Mr. Bret Steven Taylor, Pres & COO (Age 41, Pay $1.92M) (LinkedIn Profile)
Mr. Srinivas Tallapragada, Pres & Chief Engineering Officer (Age 51, Pay $2.07M) (LinkedIn Profile)
Mr. Gavin E. Patterson, Pres & Chief Revenue Officer (Age 53, Pay $3.08M) (LinkedIn Profile)
Mr. Parker Harris, Co-Founder, CTO & Director (Age 54)
Mr. Mark J. Hawkins, Chief Financial Officer Emeritus (Age 62, Pay $1.91M)
Mr. Alexandre Dayon, Pres & Chief Strategy Officer (Age 53) (LinkedIn Profile)
Ms. Amy E. Weaver, Pres, CFO & Sec. (Age 53) (LinkedIn Profile)
Mr. Brent Hyder, Pres & Chief People Officer (Age 56) (LinkedIn Profile)
Mr. David Schmaier, Pres & Chief Product Officer (LinkedIn Profile)

What is Marc Benioff's approval rating as salesforce.com's CEO?

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

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

Some companies that are related to salesforce.com include Adobe (ADBE), Intuit (INTU), Autodesk (ADSK), Workday (WDAY), Synopsys (SNPS), Cadence Design Systems (CDNS), ANSYS (ANSS), Splunk (SPLK), SS&C Technologies (SSNC), Tyler Technologies (TYL), Nuance Communications (NUAN), Citrix Systems (CTXS), Fair Isaac (FICO), FactSet Research Systems (FDS) and Pegasystems (PEGA).
View all of CRM's 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).

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 a number of retail and institutional investors. Top institutional investors include Price T Rowe Associates Inc. MD (4.66%), Morgan Stanley (1.49%), Geode Capital Management LLC (1.44%), Nuveen Asset Management LLC (1.42%), Fisher Asset Management LLC (1.41%) and Northern Trust Corp (1.37%). Company insiders that own salesforce.com stock include Alan G Hassenfeld, Alexandre Dayon, Amy E Weaver, Brent Hyder, Bret Steven Taylor, Craig Conway, Gavin Patterson, 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 Janus Henderson Group PLC, Price T Rowe Associates Inc. MD, Jennison Associates LLC, Altimeter Capital Management LP, Fred Alger Management LLC, SB Management Ltd, Harvard Management Co. Inc., and Alliancebernstein L.P.. Company insiders that have sold salesforce.com company stock in the last year include Alan G Hassenfeld, Amy E Weaver, Brent Hyder, Bret Steven Taylor, Gavin Patterson, Joe Allanson, John Victor Roos, Marc Benioff, Mark J Hawkins, Parker Harris, Sanford Robertson, and Srinivas Tallapragada.
View insider buying and selling activity for salesforce.com or view top insider-selling stocks.

Which institutional investors are buying salesforce.com stock?

CRM stock was bought by a variety of institutional investors in the last quarter, including Polen Capital Management LLC, Arrowstreet Capital Limited Partnership, FIL Ltd, Nuveen Asset Management LLC, Flossbach Von Storch AG, Vulcan Value Partners LLC, Amundi Asset Management US Inc., and Clearbridge Investments LLC.
View insider buying and selling activity for salesforce.com or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is salesforce.com's stock price today?

One share of CRM stock can currently be purchased for approximately $240.31.

How much money does salesforce.com make?

salesforce.com has a market capitalization of $222.53 billion and generates $21.25 billion in revenue each year. The CRM provider earns $4.07 billion in net income (profit) each year or $2.57 on an earnings per share basis.

How many employees does salesforce.com have?

salesforce.com employs 56,606 workers across the globe.

Does salesforce.com have any subsidiaries?

The following companies are subsidiares of salesforce.com: 450 Mission LLC, AKTA, AKTA US LLC, Activa Live, Attic Labs, Attic Labs LLC, BeyondCore, BeyondCore LLC, Bonobot Technologies (US) Inc., Bonobot Technologies Ltd., 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 Japan Pty Ltd., ClickSoftware Professional Services Ltd., ClickSoftware Technologies (Pty) Ltd, ClickSoftware Technologies Ltd., Clipboard, Clipboard LLC, CloudConnect LLC, CloudCraze, CloudCraze Software LLC, Compass Acquisition II Corp., Coolan, Datorama, Datorama Australia Pty Ltd, Datorama GmbH, Datorama Japan Inc., Datorama Singapore Pte. Ltd., Datorama Technologies Ltd., Datorama UK Ltd., Demandware, Demandware Hong Kong Limited, Demandware S.r.l.. in Liquidazione, Desk.com, DimDim Software Private Limited, Dimdim, EdgeSpring, EntropySoft, Etacts, Evergage, ExactTarget, ExactTarget AB, ExactTarget GmbH in liquidation, ExactTarget Limited, ExactTarget Pte. Ltd. (in liquidation), ExactTarget Pty. Ltd., ExactTarget S.A.S., Geocloudio Technologies Private Limited, GoInstant, GroupSwim, Heroku, HeyWire, Implisit, Implisit Insights Ltd., InStranet, Informavores, Jigsaw, Kabushiki Kaisha salesforce.com, Kerensen Consulting, Kerensen Consulting Israel Ltd., Kieden, Koral Technologies, Krux, Manymoon, MetaMind, MinHash, Mobify, Mobify (UK) Limited, Mobify Research and Development Inc., Model Metrics, MuleSoft, MuleSoft Germany GmbH in liquidation, MuleSoft Hong Kong Limited, MuleSoft Singapore HoldCo Pte. Ltd. (in liquidation), MuleSoft Singapore Pte. Ltd. (in liquidation), Navajo Systems, Optimizer HoldCo S.a.r.l., Optimizer TopCo S.a.r.l., PredictionIO, Prior Knowledge, Quip, REBEL, Relate iq, Rypple, SFDC Australia Pty. Ltd., SFDC Australia Pty. Ltd. New Zealand Branch, SFDC Austria GmbH, SFDC EMEA Data Centre Limited, SFDC France Data Centre Sárl, SFDC Germany Data Centre GmbH, SFDC International Holding B.V., SFDC International Unlimited Company, 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 Sweden AB, SFDC Sweden AB Suomen sivuliike, SFDO Ireland Limited, Salesforce Argentina S.R.L., Salesforce Buddy Media, Salesforce GFO Sarl, Salesforce Maps, Salesforce Radian6, Salesforce Technologies Morocco, Salesforce Tecnologia Ltda., Salesforce UK Limited, Salesforce Worldwide Holdings Limited, Salesforce.com (Thailand) Co. Ltd., Salesforce.com Danmark filial af SFDC Sweden AB, Salesforce.com India Private Limited Gurgaon Branch, Salesforce.com Korea Limited, Salesforce.org Canada ULC, Salesforce.org EMEA Limited, Salesforce.org Germany GmbH, Salesforce.org Switzerland Sarl en liquidation, Sendia, Sequence, Sitemasher, SteelBrick, Stypi, Tableau (China) Co. Ltd. Beijing Branch, Tableau (China) Co. Ltd. Guangzhou Branch, Tableau Holdings Unlimited Company, Tableau Hong Kong Company Limited, Tableau International Unlimited Company, Tableau Korea Limited Company, Tableau Netherlands B.V., Tableau Software, Tableau Software India Pvt. Ltd., Tableau Sweden AB, Tempo AI, The CMO Club, Tomax India Software Private Limited, Toopher, Twin Prime, Vlocity, Vlocity AR SRL, Vlocity Aplicativos em Nuvem Brasil Ltda., Vlocity Australia Pty Ltd, 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 Italia - Milan Branch, Vlocity Japan K.K., Vlocity Netherlands BV, Vlocity SAAS Software Canada Inc., Vlocity Singapore Pte. Ltd., Vlocity Sweden AB, Vlocity UK Limited, YOUR SL, gravitytank, 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 Singapore Pte. Ltd., salesforce.com Taiwan Limited, and salesforce.com sarl.

When was salesforce.com founded?

salesforce.com was founded in 1999.

What is salesforce.com's official website?

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

Where are salesforce.com's headquarters?

salesforce.com is headquartered at 415 MISSION STREET, SAN FRANCISCO CA, 94105.

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 6/13/2021 by MarketBeat.com Staff

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