TD Cowen Lowers Salesforce (NYSE:CRM) Price Target to $250.00

Salesforce (NYSE:CRM) had its target price cut by TD Cowen from $325.00 to $250.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm presently has a “buy” rating on the CRM provider’s stock. TD Cowen’s target price would suggest a potential upside of 26.23% from the company’s current price.

CRM has been the subject of a number of other research reports. Needham & Company LLC reiterated a “buy” rating and issued a $400.00 target price on shares of Salesforce in a report on Thursday. Canaccord Genuity Group restated a “buy” rating and issued a $300.00 price target on shares of Salesforce in a research report on Thursday, December 4th. BTIG Research dropped their price objective on shares of Salesforce from $260.00 to $255.00 and set a “buy” rating for the company in a research note on Thursday. Stifel Nicolaus reduced their target price on shares of Salesforce from $300.00 to $250.00 and set a “buy” rating on the stock in a research note on Thursday. Finally, KeyCorp lowered their target price on shares of Salesforce from $400.00 to $300.00 and set an “overweight” rating for the company in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Salesforce has a consensus rating of “Moderate Buy” and a consensus price target of $287.41.

Salesforce Price Performance

Shares of NYSE:CRM traded up $6.30 on Thursday, reaching $198.05. The company’s stock had a trading volume of 17,668,164 shares, compared to its average volume of 12,284,541. Salesforce has a 52-week low of $174.57 and a 52-week high of $304.92. The company has a market cap of $185.58 billion, a P/E ratio of 26.47, a PEG ratio of 1.26 and a beta of 1.27. The company has a 50-day simple moving average of $226.45 and a 200 day simple moving average of $238.86. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.98 and a current ratio of 0.98.

Salesforce (NYSE:CRM) last announced its earnings results on Wednesday, February 25th. The CRM provider reported $3.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.05 by $0.76. Salesforce had a net margin of 17.91% and a return on equity of 14.41%. The firm had revenue of $11.20 billion for the quarter, compared to analysts’ expectations of $11.18 billion. During the same period in the prior year, the company earned $2.78 EPS. The business’s revenue was up 12.1% compared to the same quarter last year. Salesforce has set its FY 2027 guidance at 13.110-13.190 EPS and its Q1 2027 guidance at 3.110-3.130 EPS. As a group, equities research analysts anticipate that Salesforce will post 7.46 EPS for the current fiscal year.

Insider Activity at Salesforce

In related news, Director G Mason Morfit purchased 96,000 shares of the firm’s stock in a transaction dated Friday, December 5th. The stock was purchased at an average price of $260.58 per share, with a total value of $25,015,680.00. Following the completion of the purchase, the director owned 2,994,509 shares of the company’s stock, valued at approximately $780,309,155.22. The trade was a 3.31% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director David Blair Kirk acquired 1,936 shares of the company’s stock in a transaction that occurred on Wednesday, December 17th. The stock was purchased at an average cost of $258.64 per share, for a total transaction of $500,727.04. Following the purchase, the director owned 10,677 shares of the company’s stock, valued at $2,761,499.28. This represents a 22.15% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 3.00% of the company’s stock.

Institutional Trading of Salesforce

Hedge funds have recently added to or reduced their stakes in the business. Commonwealth Retirement Investments LLC purchased a new position in Salesforce during the fourth quarter valued at $25,000. Key Capital Management INC acquired a new position in shares of Salesforce during the 4th quarter worth about $26,000. Board of the Pension Protection Fund purchased a new position in Salesforce in the 4th quarter valued at about $26,000. Gilpin Wealth Management LLC acquired a new stake in Salesforce in the 4th quarter worth about $26,000. Finally, Marquette Asset Management LLC purchased a new stake in Salesforce during the 3rd quarter worth approximately $26,000. 80.43% of the stock is owned by hedge funds and other institutional investors.

Salesforce News Summary

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Q4 beat and operating momentum — Salesforce reported strong Q4 results (non‑GAAP EPS $3.81 vs. ~ $3.05 consensus) and healthy revenue growth (~$11.2B, ~12% YoY), showing improving margin and cash generation that underpin the rally. Zacks: Q4 Beat
• Positive Sentiment: Big capital return commitment and dividend raise — management authorized an additional $50B buyback and raised the quarterly dividend (~+5.8%), signaling confidence in cash flow and supporting per‑share metrics. That buyback news is a major bullish catalyst for investors focused on returns. CNBC: Buyback & Dividend
• Neutral Sentiment: Guidance is mixed — Salesforce raised FY‑27 EPS guidance well above consensus, but revenue cues were read variably (some outlets call revenue guidance slightly below expectations while others show modest beats/in‑line). That ambiguity explains the split market reaction. Reuters: Guidance Summary
• Neutral Sentiment: AI/Agentforce narrative remains pivotal — management points to Agentforce/AI traction as the growth driver; some analysts and commentary see evidence of commercial adoption, but market skepticism about AI replacing SaaS persists. Seeking Alpha: AI Take
• Negative Sentiment: Wave of analyst price‑target cuts and at least one downgrade — several firms cut targets (e.g., Roth Mkm, Wells Fargo, RBC, Barclays, Stifel, BMO) and Sanford Bernstein moved to underperform with a $194 target, increasing near‑term selling pressure despite the beat. Benzinga: Analyst Changes
• Negative Sentiment: After‑hours/early‑session weakness and some metric misses — parts of the release (quarterly revenue slightly under certain consensus slices, mixed EPS/GAAP vs. non‑GAAP reads) prompted an initial downleg in extended trading for some investors. Proactive: Market Reaction
• Negative Sentiment: Insider selling and institutional repositioning flagged — reporting shows material insider share sales and large institutional flows that can add pressure if investors interpret actions as liquidity events rather than diversification. QuiverQuant: Insider & Institutional Activity

Salesforce Company Profile

Salesforce, founded in 1999 and headquartered in San Francisco, is a global provider of cloud-based software focused on customer relationship management (CRM) and enterprise applications. The company popularized the software-as-a-service (SaaS) model for CRM and has built a broad portfolio of products designed to help organizations manage sales, service, marketing, commerce and analytics through a unified, cloud-first platform.

Core offerings include Sales Cloud for sales automation, Service Cloud for customer support, Marketing Cloud for digital marketing and engagement, and Commerce Cloud for e-commerce.