Salesforce (NYSE:CRM) Shares Up 5.9% – What’s Next?

Posted by Geri Gentry on Jul 27th, 2026

Salesforce Inc. (NYSE:CRM – Get Free Report)’s stock price shot up 5.9% on Monday . The stock traded as high as $176.95 and last traded at $173.3390. 16,354,564 shares traded hands during trading, an increase of 19% from the average daily volume of 13,795,223 shares. The stock had previously closed at $163.66.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on CRM. The Goldman Sachs Group began coverage on shares of Salesforce in a research report on Thursday, June 18th. They issued a “neutral” rating for the company. Citigroup raised shares of Salesforce from a “hold” rating to a “buy” rating in a research report on Wednesday, July 1st. KeyCorp lowered shares of Salesforce from an “overweight” rating to a “sector weight” rating in a research note on Wednesday, July 8th. Scotiabank downgraded shares of Salesforce from a “sector outperform” rating to a “sector perform” rating in a research report on Thursday, June 18th. Finally, Daiwa Securities Group decreased their target price on shares of Salesforce from $295.00 to $280.00 and set a “buy” rating for the company in a research note on Tuesday, June 2nd. Two analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, sixteen have issued a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $249.51.

View Our Latest Stock Report on CRM

Salesforce Trading Up 5.9%

The firm has a market capitalization of $141.96 billion, a price-to-earnings ratio of 20.06, a price-to-earnings-growth ratio of 0.88 and a beta of 1.18. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.15. The company has a fifty day moving average price of $170.08 and a 200-day moving average price of $187.31.

Salesforce (NYSE:CRM – Get Free Report) last announced its quarterly earnings results on Wednesday, May 27th. The CRM provider reported $3.88 EPS for the quarter, beating the consensus estimate of $3.13 by $0.75. Salesforce had a return on equity of 18.72% and a net margin of 18.73%.The business had revenue of $11.13 billion during the quarter, compared to analysts’ expectations of $11.05 billion. During the same quarter in the previous year, the business posted $2.58 EPS. The firm’s quarterly revenue was up 13.3% compared to the same quarter last year. Salesforce has set its FY 2027 guidance at 14.060-14.120 EPS and its Q2 2027 guidance at 3.250-3.270 EPS. On average, equities research analysts predict that Salesforce Inc. will post 10.29 EPS for the current year.

Salesforce Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Thursday, June 11th were given a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Thursday, June 11th. Salesforce’s payout ratio is currently 20.37%.

Institutional Investors Weigh In On Salesforce

Several institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. lifted its position in shares of Salesforce by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 89,843,166 shares of the CRM provider’s stock worth $23,800,353,000 after buying an additional 270,913 shares during the last quarter. State Street Corp increased its holdings in shares of Salesforce by 1.3% during the 4th quarter. State Street Corp now owns 50,080,230 shares of the CRM provider’s stock valued at $13,286,909,000 after acquiring an additional 659,573 shares during the last quarter. J. Stern & Co. LLP raised its stake in shares of Salesforce by 24,056.7% in the 4th quarter. J. Stern & Co. LLP now owns 47,385,511 shares of the CRM provider’s stock valued at $12,552,896,000 after acquiring an additional 47,189,352 shares in the last quarter. Capital International Investors raised its stake in shares of Salesforce by 13.3% in the 4th quarter. Capital International Investors now owns 22,721,010 shares of the CRM provider’s stock valued at $6,019,199,000 after acquiring an additional 2,669,891 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings in Salesforce by 3.8% in the 4th quarter. Geode Capital Management LLC now owns 21,782,556 shares of the CRM provider’s stock worth $5,751,073,000 after purchasing an additional 791,345 shares during the last quarter. Institutional investors and hedge funds own 80.43% of the company’s stock.

About Salesforce

(Get Free Report)

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.