Salesforce (NYSE:CRM – Get Free Report) updated its FY 2027 earnings guidance on Wednesday. The company provided earnings per share guidance of 16.670-16.710 for the period, compared to the consensus earnings per share estimate of 13.360. The company issued revenue guidance of $46.1 billion-$46.4 billion, compared to the consensus revenue estimate of $46.1 billion. Salesforce also updated its Q3 2027 guidance to 3.420-3.440 EPS.
Salesforce Price Performance
Salesforce stock traded up $0.32 during mid-day trading on Wednesday, hitting $206.01. The stock had a trading volume of 10,769,734 shares, compared to its average volume of 13,605,874. The firm’s 50 day moving average is $176.11 and its 200 day moving average is $181.49. The firm has a market capitalization of $168.72 billion, a P/E ratio of 23.84, a P/E/G ratio of 1.13 and a beta of 1.16. Salesforce has a one year low of $146.32 and a one year high of $269.11. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.15.
Salesforce (NYSE:CRM – Get Free Report) last released its quarterly earnings data on Wednesday, May 27th. The CRM provider reported $3.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $11.05 billion. During the same quarter in the previous year, the company posted $2.58 EPS. The company’s revenue was up 13.3% compared to the same quarter last year. On average, sell-side analysts forecast that Salesforce will post 10.27 earnings per share for the current fiscal year.
Salesforce Announces Dividend
Analysts Set New Price Targets
Several brokerages recently issued reports on CRM. TD Cowen reaffirmed a “buy” rating on shares of Salesforce in a research report on Friday, June 12th. BMO Capital Markets increased their price target on shares of Salesforce from $215.00 to $230.00 and gave the stock an “outperform” rating in a report on Thursday, August 20th. Canaccord Genuity Group reiterated a “buy” rating and set a $225.00 target price on shares of Salesforce in a research report on Tuesday. Wolfe Research cut Salesforce from an “outperform” rating to a “hold” rating in a research report on Wednesday, July 1st. Finally, Macquarie Infrastructure reduced their price target on Salesforce from $200.00 to $190.00 and set a “neutral” rating on the stock in a report on Thursday, May 28th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, seventeen have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $248.72.
View Our Latest Stock Analysis on CRM
More Salesforce News
Here are the key news stories impacting Salesforce this week:
- Positive Sentiment: Analysts remain supportive ahead of the report. Canaccord Genuity reaffirmed a “buy” rating with a $225 price target, while Citizens JMP maintained “market outperform” with a $315 target. BTIG also reaffirmed its buy rating. BTIG Research Reaffirms Buy Rating for Salesforce
- Positive Sentiment: Salesforce’s Agentforce AI platform and its expanding third-party AgentExchange ecosystem are viewed as potential growth drivers. New integrations from ZoomInfo and Agiloft could increase adoption of Salesforce and Slack’s AI-powered workflows. Salesforce AgentExchange ecosystem
- Neutral Sentiment: Consensus expectations call for roughly $11.3 billion in quarterly revenue and $3.27 in EPS, representing approximately 11% revenue growth and 12% earnings growth. Options markets imply a broad post-earnings trading range of about $190 to $220, highlighting elevated uncertainty. Salesforce Q2 earnings expectations
- Neutral Sentiment: Jefferies expects an in-line quarter, but investors will focus more heavily on signs of second-half growth reacceleration. A survey of Salesforce partners showed 70% were at or above plan, offering a modestly encouraging demand signal. Jefferies Salesforce earnings preview
- Negative Sentiment: The stock’s weak 2026 chart reflects investor concerns that AI competition could disrupt traditional software growth and that Salesforce has yet to demonstrate a durable acceleration from its AI investments. Broader software-sector volatility, amplified by momentum and leveraged trading, is adding to the pressure. Software-sector volatility
- Negative Sentiment: Another senior OpenAI sales executive reportedly returning to Salesforce may benefit CRM’s talent base, but it also underscores ongoing uncertainty and leadership churn within the AI ecosystem. OpenAI executive returns to Salesforce
Institutional Investors Weigh In On Salesforce
Several institutional investors and hedge funds have recently made changes to their positions in CRM. Compound Planning Inc. increased its holdings in Salesforce by 0.8% in the 4th quarter. Compound Planning Inc. now owns 17,781 shares of the CRM provider’s stock valued at $4,710,000 after purchasing an additional 135 shares in the last quarter. Birchwood Financial Partners Inc. acquired a new position in shares of Salesforce during the fourth quarter valued at $28,000. Corient Private Wealth LLC increased its position in Salesforce by 84.9% in the 4th quarter. Corient Private Wealth LLC now owns 773,553 shares of the CRM provider’s stock valued at $204,922,000 after acquiring an additional 355,108 shares during the period. Strive Financial Group LLC bought a new position in shares of Salesforce in the fourth quarter valued at approximately $158,000. Finally, Blue Sparrow LLC DE acquired a new stake in Salesforce during the fourth quarter valued at approximately $18,862,000. 80.43% of the stock is currently owned by hedge funds and other institutional investors.
About Salesforce
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.
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