Salesforce (CRM) News Today

Salesforce Inc. (NYSE:CRM) shares are down today after the company’s mixed Q2 results and forward guidance prompted varied analyst reactions and a cautious market response. Key developments for investors to consider:

• Positive Sentiment: DA Davidson raised its FY2027 EPS forecast to $9.66 (from $9.25), underscoring improved long-term earnings potential despite maintaining a neutral rating and $225 price target.
• Positive Sentiment: Cantor Fitzgerald boosted its FY2026 EPS estimate to $8.58 (up from $8.55), kept an overweight rating, and set a $325 price objective, reflecting confidence in near-term profit growth.
• Neutral Sentiment: DA Davidson also nudged up its FY2026 EPS view to $8.58 (from $8.52) but held its neutral stance and $225 target.
• Neutral Sentiment: Salesforce declared a quarterly dividend of $0.416 per share (annualized yield ~0.7%). Salesforce Announces Quarterly Dividend
• Negative Sentiment: Shares plunged nearly 7% on a weak Q3 revenue forecast that implied delayed returns from its AI investments. Salesforce shares drop as weak revenue forecast signals delayed AI returns
• Negative Sentiment: Analysts trimmed their price targets despite Salesforce beating Q2 estimates, pointing to conservative guidance as a drag. Analysts Trim Price Targets for Salesforce Stock
• Negative Sentiment: CEO Marc Benioff sold 2,250 shares (≈$566K), slightly reducing his stake amid the pullback. Insider Selling: CEO Sells 2,250 Shares