NYSE:CRM

salesforce.com Stock Forecast, Price & News

Searched 717 Times

$231.91

-1.09 (-0.47 %)

(As of 04/16/2021 04:00 PM ET)

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Today's Range

$229.89

Now: $231.91▼

$234.00

50-Day Range

$205.33

MA: $216.15▼

$233.00

52-Week Range

$148.00

Now: $231.91▼

$284.50

Volume5.09 million shs

Average Volume7.25 million shs

Market Capitalization$213.59 billion

P/E Ratio60.55

Dividend YieldN/A

Beta1.17

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.

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

Debt

Debt-to-Equity Ratio0.07

Current Ratio1.22

Quick Ratio1.22

Price-To-Earnings

Trailing P/E Ratio60.55

Forward P/E Ratio82.53

P/E Growth5.42

Sales & Book Value

Annual Sales$17.10 billion

Price / Sales12.49

Cash Flow$4.76 per share

Price / Cash Flow48.72

Book Value$38.20 per share

Price / Book6.07

Profitability

EPS (Most Recent Fiscal Year)$1.02

Net Income$126 million

Net Margins17.53%

Return on Equity6.63%

Return on Assets4.32%

Miscellaneous

Outstanding Shares921,000,000

Market Cap$213.59 billion

Next Earnings Date5/27/2021 (Estimated)

OptionableOptionable

Headlines

Salesforce.com Is Done Falling - Seeking Alpha
April 16, 2021 | seekingalpha.com

Insider Selling: salesforce.com, inc. (NYSE:CRM) CFO Sells 5,000 Shares of Stock
April 15, 2021 | americanbankingnews.com

Salesforce.com Inc. stock rises Thursday, outperforms market - MarketWatch
April 15, 2021 | marketwatch.com

5 Megacap Stocks With 19% to 32% Upside, According to Wall Street
April 15, 2021 | finance.yahoo.com

The Zacks Analyst Blog Highlights: Abbott, Salesforce, BHP Group, Danaher and Zoom Video
April 15, 2021 | finance.yahoo.com

Form 4 SALESFORCE.COM, INC. For: Apr 13 Filed by: Harris Parker - StreetInsider.com
April 15, 2021 | streetinsider.com

salesforce.com, inc. (NYSE:CRM) Insider Sells $996,654.00 in Stock
April 14, 2021 | americanbankingnews.com

Salesforce Service Cloud CEO on consumer trends as economies begin to reopen
April 14, 2021 | finance.yahoo.com

Top Stock Reports for Abbott, salesforce & BHP
April 14, 2021 | finance.yahoo.com

Uber expects employees to return to office by Sept. 13
April 14, 2021 | finance.yahoo.com

Why 4 Red-Hot Software Stocks May Be Incredible Buys Before Earnings
April 13, 2021 | 247wallst.com

Read This Before Buying salesforce.com, inc. (NYSE:CRM) Shares - Nasdaq
April 13, 2021 | nasdaq.com

Should You Consider Investing in Salesforce.com (CRM)? - Yahoo Finance
April 13, 2021 | finance.yahoo.com

Should You Consider Investing in Salesforce.com (CRM)?
April 13, 2021 | finance.yahoo.com

Accounting Seed Founder and CEO Encourages an Iconoclastic Approach to Post-Pandemic Recovery
April 13, 2021 | benzinga.com

Form 4 SALESFORCE.COM, INC. For: Apr 09 Filed by: Allanson Joe - StreetInsider.com
April 12, 2021 | streetinsider.com

Salesforce.com Inc. stock underperforms Monday when compared to competitors - MarketWatch
April 12, 2021 | marketwatch.com

Salesforce Bringing Back Staff to San Francisco Headquarters in May
April 12, 2021 | finance.yahoo.com

Salesforce to welcome vaccinated employees back to office - Reuters
April 12, 2021 | reuters.com

Boeing, Salesforce.com Inc. share losses contribute to Dow's 89-point fall - MarketWatch
April 12, 2021 | marketwatch.com

See More Headlines

MarketRank^™

Overall MarketRank^™

1.92 out of 5 stars

Computer And Technology Sector

91st out of 1,551 stocks

Prepackaged Software Industry

16th out of 283 stocks

3.4 Analyst's Opinion

Consensus Rating
salesforce.com has received a consensus rating of Buy. The company's average rating score is 2.81, and is based on 25 buy ratings, 8 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $270.15, salesforce.com has a forecasted upside of 16.5% from its current price of $231.91.
Amount of Analyst Coverage
salesforce.com has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.9 Community Rank

Outperform Votes
salesforce.com has received 2,944 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
salesforce.com has received 835 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
salesforce.com has received 77.90% “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 $17,473,914.00 in company stock.
Percentage Held by Insiders
Only 4.40% of the stock of salesforce.com is held by insiders.
Percentage Held by Institutions
80.20% 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 decrease by -51.96% in the coming year, from $2.81 to $1.35 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of salesforce.com is 60.55, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.03.
Price to Earnings Ratio vs. Sector
The P/E ratio of salesforce.com is 60.55, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 70.51.
Price to Earnings Growth Ratio
salesforce.com has a PEG Ratio of 5.42. 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 6.07. 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

$231.91

-1.09 (-0.47 %)

(As of 04/16/2021 04:00 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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salesforce.com (NYSE:CRM) Frequently Asked Questions

Is salesforce.com a buy right now?

37 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for salesforce.com in the last twelve months. There are currently 1 sell rating, 8 hold ratings, 25 buy ratings and 3 strong buy ratings 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 short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but salesforce.com wasn't one of them. MarketBeat thinks these five stocks 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 Thursday, May 27th 2021.
View our earnings forecast for salesforce.com.

How were salesforce.com's earnings last quarter?

salesforce.com, inc. (NYSE:CRM) released its earnings results on Thursday, February, 25th. The CRM provider reported $1.04 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.74. The CRM provider earned $5.82 billion during the quarter, compared to analyst estimates of $5.68 billion. salesforce.com had a net margin of 17.53% and a trailing twelve-month return on equity of 6.63%.
View salesforce.com's earnings history.

How has salesforce.com's stock price been impacted by Coronavirus?

salesforce.com's stock was trading at $154.57 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CRM shares have increased by 50.0% and is now trading at $231.91.
View which stocks have been most impacted by COVID-19.

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

salesforce.com updated its FY22 earnings guidance on Thursday, February, 25th. The company provided EPS guidance of $3.39-3.41 for the period, compared to the Thomson Reuters consensus estimate of $3.51. The company issued revenue guidance of $25.65-25.75 billion, compared to the consensus revenue estimate of $25.43 billion.

What price target have analysts set for CRM?

37 analysts have issued 1-year target prices for salesforce.com's stock. Their forecasts range from $210.00 to $320.00. On average, they expect salesforce.com's stock price to reach $270.15 in the next year. This suggests a possible upside of 16.5% 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 $5.97M) (LinkedIn Profile)
Mr. Bret Steven Taylor, Pres & COO (Age 41, Pay $1.94M) (LinkedIn Profile)
Mr. Srinivas Tallapragada, Pres & Chief Engineering Officer (Age 51, Pay $1.81M) (LinkedIn Profile)
Mr. Parker Harris, Co-Founder, CTO & Director (Age 54, Pay $2M)
Mr. Mark J. Hawkins, Chief Financial Officer Emeritus (Age 62, Pay $2.03M)
Mr. Gavin E. Patterson, Pres & Chief Revenue Officer (Age 53) (LinkedIn Profile)
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

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), Cadence Design Systems (CDNS), Synopsys (SNPS), ANSYS (ANSS), Splunk (SPLK), SS&C Technologies (SSNC), Tyler Technologies (TYL), Citrix Systems (CTXS), Fair Isaac (FICO), Nuance Communications (NUAN), 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 many different institutional and retail investors. Top institutional investors include Retirement Systems of Alabama (0.08%), Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (0.07%), Royal London Asset Management Ltd. (0.06%), Calamos Advisors LLC (0.04%), FDx Advisors Inc. (0.03%) and Gateway Investment Advisers LLC (0.02%). 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 major investors are selling salesforce.com stock?

CRM stock was sold by a variety of institutional investors in the last quarter, including FDx Advisors Inc., Gateway Investment Advisers LLC, Sanders Morris Harris LLC, AMI Asset Management Corp, Hexavest Inc., Chemung Canal Trust Co., Pacer Advisors Inc., and State of Alaska Department of Revenue. 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, 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 major investors are buying salesforce.com stock?

CRM stock was bought by a variety of institutional investors in the last quarter, including FDx Advisors Inc., Rothschild Investment Corp IL, DnB Asset Management AS, Everence Capital Management Inc., Royal London Asset Management Ltd., Oak Harvest Investment Services, Xcel Wealth Management LLC, and Corbenic Partners 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 $231.91.

How much money does salesforce.com make?

salesforce.com has a market capitalization of $213.59 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.

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, CQuotient LLC, ChoicePass, ClickSoftware, ClickSoftware Australia Pty Ltd, ClickSoftware Brazil Solucoes em Gestao de Forcas de Trabalho Ltda., ClickSoftware Central Europe GmbH, ClickSoftware Europe Limited, ClickSoftware Europe Limited Ireland Branch, ClickSoftware Inc, ClickSoftware India Private Limited, ClickSoftware Japan Pty Ltd., ClickSoftware Professional Services Ltd., ClickSoftware Singapore Pte Ltd, ClickSoftware Technologies (Pty) Ltd, ClickSoftware Technologies Limited Italy Branch, ClickSoftware Technologies Ltd., Clipboard, Clipboard LLC, CloudConnect LLC, CloudCraze, CloudCraze Software LLC, CoTweet Inc., Compass Acquisition II Corp., Computable Insights LLC, Coolan, Coolan Inc., Datorama, Datorama Australia Pty Ltd, Datorama GmbH, Datorama Inc., Datorama Japan Inc., Datorama Singapore Pte. Ltd., Datorama Technologies Ltd., Datorama UK Ltd., Demandware, Demandware E-Commerce (Shanghai) Ltd., Demandware Hong Kong Limited, Demandware LLC, Demandware S.r.l., Demandware Securities LLC, Desk.com, Diffeo Inc., DimDim Inc., DimDim Software Private Limited, Dimdim, EdgeSpring, EdgeSpring LLC, Empirical Systems Inc., EntropySoft, Etacts, Evergage, ExactTarget, ExactTarget AB, ExactTarget Brazil Holding Company LLC, ExactTarget GmbH, ExactTarget LLC, ExactTarget Limited, ExactTarget Pte. Ltd., ExactTarget Pty. Ltd., ExactTarget S.A.S., Geocloudio Technologies Private Limited, GoInstant, 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, Little Ohana LLC, Manymoon, MapAnything LLC, MapAnything Limited, MetaMind, Metamind Inc., MinHash, Mobify, Model Metrics, MuleSoft, MuleSoft Australia Pty. Ltd., MuleSoft Canada Software Inc, MuleSoft Germany GmbH, MuleSoft Hong Kong Limited, MuleSoft International LLC, MuleSoft LLC, MuleSoft Netherlands BV, MuleSoft New Zealand Limited, MuleSoft Singapore HoldCo Pte Ltd, MuleSoft Singapore Pte Ltd, My Salesforce LLC, Navajo Systems, Optimizer HoldCo S.a.r.l., Optimizer TopCo S.a.r.l., Polgwin 2 Limited, PredictionIO, Prior Knowledge, Quip, Quip LLC, REBEL, RebelMail Inc., Relate iq, RelateIQ LLC, Rypple, SFDC 50 Fremont LLC, SFDC Australia Pty. Ltd., SFDC Australia Pty. Ltd. New Zealand Branch, SFDC EMEA Data Centre Limited, SFDC France Data Centre Sárl, SFDC Germany Data Centre GmbH, SFDC Holding Co., SFDC International Limited, SFDC Ireland Limited, SFDC Luxembourg, SFDC Mexico S. de R.L. de C.V., SFDC Netherlands B.V., SFDC Netherlands B.V. Belgium Branch, SFDC Norway AS, SFDC Sweden AB, SFDC Sweden AB Suomen sivuliike, SFDO Ireland Limited, Salesforce Argentina S.R.L., Salesforce Buddy Media, Salesforce Communications LLC, Salesforce Development LLC, Salesforce EMEA Limited, Salesforce GFO Sarl, Salesforce Holdings LLC, Salesforce Maps, Salesforce Radian6, Salesforce Technologies Morocco, Salesforce Tecnologia Ltda., Salesforce UK Limited, Salesforce Ventures LLC, 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 France SAS, Salesforce.org Germany GmbH, Salesforce.org Netherlands B.V., Salesforce.org Switzerland Sarl, Sendia, Sequence, Sequence LLC, Sitemasher, Spinback LLC, SteelBrick, SteelBrick Ltd., Steelbrick LLC, Stypi, Tableau (China) Co Ltd, Tableau (China) Co. Ltd. Beijing Branch, Tableau Asia Pacific Pte Ltd, Tableau Australia Pty Ltd, Tableau Canada Co, Tableau Federal Inc., Tableau France, Tableau Germany GmbH, Tableau Holdings Unlimited Company, Tableau Hong Kong Company Limited, Tableau International GP, Tableau International II LLC, Tableau International LLC, Tableau International Unlimited Company, Tableau Ireland GP, Tableau Ireland II LLC, Tableau Ireland LLC, Tableau Japan KK, Tableau Korea Limited Company, Tableau Netherlands B.V., Tableau Software, Tableau Software India Pvt. Ltd., Tableau Software LLC, Tableau Software UK Ltd, Tableau Sweden AB, Tappingstone Holdings LLC, Tempo AI, Tempo AI Inc., The CMO Club, Tomax India Software Private Limited, Tomax LLC, Toopher, Toopher Inc., Twin Prime, Twin Prime Inc., Unity&Variety Inc., Vlocity, YOUR SL, gravitytank, iGoDigital Holdings LLC, iGoDigital Inc., 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.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 4/18/2021 by MarketBeat.com Staff

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