Analysts Set Expectations for Salesforce FY2026 Earnings

Salesforce, Inc. (NYSE:CRM) – Research analysts at Cantor Fitzgerald issued their FY2026 earnings estimates for shares of Salesforce in a research report issued on Monday, June 9th. Cantor Fitzgerald analyst M. Vanvliet anticipates that the CRM provider will post earnings of $8.55 per share for the year. Cantor Fitzgerald currently has a “Overweight” rating and a $325.00 target price on the stock. The consensus estimate for Salesforce’s current full-year earnings is $7.46 per share.

Salesforce (NYSE:CRM) last announced its quarterly earnings data on Wednesday, May 28th. The CRM provider reported $2.58 earnings per share for the quarter, beating the consensus estimate of $2.55 by $0.03. Salesforce had a return on equity of 12.34% and a net margin of 15.96%. The firm had revenue of $9.83 billion during the quarter, compared to analyst estimates of $9.74 billion. During the same period in the previous year, the company earned $2.44 earnings per share. Salesforce’s quarterly revenue was up 7.6% on a year-over-year basis.

A number of other equities research analysts have also recently weighed in on the company. Redburn Atlantic began coverage on Salesforce in a report on Wednesday, February 19th. They set a “buy” rating on the stock. Barclays reduced their price target on Salesforce from $425.00 to $347.00 and set an “overweight” rating for the company in a research report on Thursday, May 29th. Robert W. Baird lowered their price target on Salesforce from $430.00 to $400.00 and set an “outperform” rating on the stock in a report on Thursday, February 27th. Jefferies Financial Group reduced their price objective on shares of Salesforce from $425.00 to $375.00 and set a “buy” rating for the company in a report on Monday, March 31st. Finally, The Goldman Sachs Group raised their target price on shares of Salesforce from $340.00 to $385.00 and gave the company a “buy” rating in a research note on Thursday, May 29th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, twenty-seven have assigned a buy rating and four have given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $346.34.

Salesforce Trading Down 1.5%

NYSE:CRM opened at $268.19 on Wednesday. The firm has a market capitalization of $256.39 billion, a P/E ratio of 44.11, a P/E/G ratio of 2.58 and a beta of 1.38. The business has a 50 day simple moving average of $266.84 and a 200 day simple moving average of $301.47. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.11 and a quick ratio of 1.11. Salesforce has a 12-month low of $227.77 and a 12-month high of $369.00.

Hedge Funds Weigh In On Salesforce

Hedge funds have recently added to or reduced their stakes in the company. Capital Advisors Ltd. LLC lifted its position in shares of Salesforce by 4.1% in the fourth quarter. Capital Advisors Ltd. LLC now owns 787 shares of the CRM provider’s stock worth $263,000 after buying an additional 31 shares during the last quarter. Prossimo Advisors LLC lifted its stake in shares of Salesforce by 1.0% in the fourth quarter. Prossimo Advisors LLC now owns 3,366 shares of the CRM provider’s stock worth $1,125,000 after buying an additional 32 shares during the last quarter. Mainstream Capital Management LLC grew its stake in Salesforce by 0.5% in the 4th quarter. Mainstream Capital Management LLC now owns 6,409 shares of the CRM provider’s stock valued at $2,143,000 after buying an additional 33 shares during the last quarter. Warren Street Wealth Advisors LLC grew its stake in Salesforce by 3.9% in the 4th quarter. Warren Street Wealth Advisors LLC now owns 896 shares of the CRM provider’s stock valued at $300,000 after buying an additional 34 shares during the last quarter. Finally, Weatherly Asset Management L. P. raised its holdings in Salesforce by 4.5% in the 4th quarter. Weatherly Asset Management L. P. now owns 813 shares of the CRM provider’s stock worth $272,000 after acquiring an additional 35 shares during the period. Institutional investors and hedge funds own 80.43% of the company’s stock.

Insider Activity

In related news, insider Miguel Milano sold 705 shares of the stock in a transaction dated Friday, May 23rd. The stock was sold at an average price of $279.44, for a total value of $197,005.20. Following the completion of the sale, the insider now directly owns 9,323 shares of the company’s stock, valued at approximately $2,605,219.12. This represents a 7.03% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Sundeep G. Reddy sold 1,909 shares of Salesforce stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $284.58, for a total value of $543,263.22. Following the transaction, the chief accounting officer now directly owns 11,310 shares in the company, valued at approximately $3,218,599.80. This trade represents a 14.44% decrease in their position. The disclosure for this sale can be found here. Insiders sold 40,332 shares of company stock worth $11,024,802 over the last quarter. Corporate insiders own 3.20% of the company’s stock.

Salesforce Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Wednesday, June 18th will be paid a dividend of $0.416 per share. This represents a $1.66 annualized dividend and a yield of 0.62%. The ex-dividend date of this dividend is Wednesday, June 18th. Salesforce’s dividend payout ratio (DPR) is currently 25.98%.

About Salesforce

Salesforce, Inc provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company's service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and artificial intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer support at scale.