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salesforce.com Stock Price, News & Analysis (NYSE:CRM)

$142.33
-2.22 (-1.54 %)
(As of 10/23/2019 06:25 AM ET)
Today's Range
$142.14
Now: $142.33
$145.96
50-Day Range
$142.62
MA: $149.89
$156.07
52-Week Range
$113.60
Now: $142.33
$167.56
Volume3.82 million shs
Average Volume4.00 million shs
Market Capitalization$124.82 billion
P/E Ratio98.16
Dividend YieldN/A
Beta1.23
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. Read More…

Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryApplication Software
SectorComputer and Technology
CUSIP79466L30
Phone415-901-7000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$13.28 billion
Cash Flow$3.66 per share
Book Value$20.40 per share

Profitability

Net Income$1.11 billion

Miscellaneous

Employees35,000
Market Cap$124.82 billion
Next Earnings Date11/26/2019 (Estimated)
OptionableOptionable

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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) released its earnings results on Thursday, August, 22nd. The CRM provider reported $0.66 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.09 by $0.57. The CRM provider earned $4 billion during the quarter, compared to analyst estimates of $3.96 billion. salesforce.com had a return on equity of 7.26% and a net margin of 6.45%. salesforce.com's revenue was up 21.8% compared to the same quarter last year. During the same period last year, the business posted $0.71 earnings per share. View salesforce.com's Earnings History.

When is salesforce.com's next earnings date?

salesforce.com is scheduled to release their next quarterly earnings announcement on Tuesday, November 26th 2019. View Earnings Estimates for salesforce.com.

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

salesforce.com issued an update on its FY20 earnings guidance on Thursday, August, 22nd. The company provided earnings per share guidance of $2.82-2.84 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.68. The company issued revenue guidance of $16.75-16.90 billion, compared to the consensus revenue estimate of $16.62 billion.

What price target have analysts set for CRM?

38 Wall Street analysts have issued twelve-month price targets for salesforce.com's shares. Their forecasts range from $160.00 to $210.00. On average, they anticipate salesforce.com's share price to reach $185.15 in the next twelve months. This suggests a possible upside of 30.1% from the stock's current price. View Analyst Price Targets for salesforce.com.

What is the consensus analysts' recommendation for salesforce.com?

38 Wall Street analysts have issued "buy," "hold," and "sell" ratings for salesforce.com in the last year. There are currently 1 hold rating, 36 buy ratings and 1 strong buy rating 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. 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)
  • 2. According to Zacks Investment Research, "Salesforce's Q4 results benefited from strong growth across most of its business segments and deal wins in the international market. Rapid adoption of its diverse cloud offerings given the growing demand for digital transformation remains the key catalyst. Strengthening relationships with cloud companies like Amazon, Google and IBM are a positive. Additionally, strategic acquisitions like MuleSoft, Datorama and Cloudcraze is helping it deliver strong growth. The company is now aiming to achieve revenues of $26-$28 billion by fiscal 2023. Nonetheless, stiff competition from Oracle and Microsoft is a concern. Currency fluctuations remain a key headwind. Besides, increasing investments for international expansions and data centers is an overhang on near-term profitability." (3/7/2019)

Has salesforce.com been receiving favorable news coverage?

Media stories about CRM stock have been trending somewhat positive on Wednesday, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than six thousand blog and news sources. 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 daily sentiment score of 2.0 on InfoTrie's scale. They also assigned headlines about the CRM provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely 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?

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), Adobe (ADBE), Micron Technology (MU), Paypal (PYPL), Visa (V), Walt Disney (DIS), Cisco Systems (CSCO) and Boeing (BA).

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 many different of retail and institutional investors. Top institutional investors include Strs Ohio (0.12%), Calamos Advisors LLC (0.05%), Commerzbank Aktiengesellschaft FI (0.05%), Envestnet Asset Management Inc. (0.04%), Riverbridge Partners LLC (0.04%) and Candriam Luxembourg S.C.A. (0.04%). 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 CIBC Private Wealth Group LLC, Atalanta Sosnoff Capital LLC, Varma Mutual Pension Insurance Co, Oakbrook Investments LLC, Chemung Canal Trust Co., Dubuque Bank & Trust Co., Contravisory Investment Management Inc. and Gateway Investment Advisers 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 bought by a variety of institutional investors in the last quarter, including Calamos Advisors LLC, State of Alaska Department of Revenue, Candriam Luxembourg S.C.A., Strs Ohio, Growth Interface Management LLC, Spearhead Capital Advisors LLC, Merriman Wealth Management LLC and Northstar Investment Advisors LLC. 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 $142.33.

How big of a company is salesforce.com?

salesforce.com has a market capitalization of $124.82 billion and generates $13.28 billion in revenue each year. The CRM provider earns $1.11 billion in net income (profit) each year or $1.45 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?

The official website for salesforce.com is http://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]


MarketBeat Community Rating for salesforce.com (NYSE CRM)

Community Ranking:  3.9 out of 5 (star star star)
Outperform Votes:  2,729 (Vote Outperform)
Underperform Votes:  764 (Vote Underperform)
Total Votes:  3,493
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.
This page was last updated on 10/23/2019 by MarketBeat.com Staff

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