Salesforce (NYSE:CRM) Stock Keeps Overweight Rating at Cantor Fitzgerald

Posted by Brenda Bartman on Oct 21st, 2026

Salesforce (NYSE:CRM – Get Free Report)‘s stock had its “overweight” rating reissued by Cantor Fitzgerald in a research note issued to investors on Wednesday, MarketBeat reports. They currently have a $300.00 price objective on the CRM provider’s stock. Cantor Fitzgerald‘s target price indicates a potential upside of 24.09% from the company’s current price.

CRM has been the topic of a number of other reports. Citigroup reiterated a “market outperform” rating on shares of Salesforce in a report on Tuesday. DA Davidson set a $225.00 target price on Salesforce in a research report on Thursday, September 17th. Evercore reissued an “outperform” rating on shares of Salesforce in a report on Tuesday. Mizuho boosted their price target on shares of Salesforce from $265.00 to $280.00 and gave the stock an “outperform” rating in a report on Wednesday, September 16th. Finally, Sanford C. Bernstein reiterated an “outperform” rating on shares of Salesforce in a research report on Thursday, August 27th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, thirteen have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $278.98.

Check Out Our Latest Research Report on Salesforce

Salesforce Trading Down 0.3%

CRM stock traded down $0.66 during trading on Wednesday, reaching $241.77. The company had a trading volume of 2,924,083 shares, compared to its average volume of 13,437,769. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.84 and a quick ratio of 0.84. The company has a market cap of $198.98 billion, a P/E ratio of 22.04, a PEG ratio of 1.10 and a beta of 1.26. The business has a 50 day moving average of $233.29 and a 200 day moving average of $195.68. Salesforce has a 52 week low of $146.32 and a 52 week high of $269.11.

Salesforce (NYSE:CRM – Get Free Report) last announced its quarterly earnings results on Wednesday, August 26th. The CRM provider reported $5.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.27 by $2.63. Salesforce had a net margin of 21.99% and a return on equity of 24.90%. The firm had revenue of $11.35 billion for the quarter, compared to the consensus estimate of $11.33 billion. During the same quarter last year, the firm posted $2.91 EPS. The business’s quarterly revenue was up 10.8% compared to the same quarter last year. Salesforce has set its FY 2027 guidance at 16.670-16.710 EPS and its Q3 2027 guidance at 3.420-3.440 EPS. As a group, sell-side analysts forecast that Salesforce will post 12.82 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Salesforce news, Director Craig Conway sold 4,500 shares of the business’s stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $260.61, for a total transaction of $1,172,745.00. Following the completion of the transaction, the director owned 5,437 shares in the company, valued at $1,416,936.57. The trade was a 45.29% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director David Blair Kirk acquired 4,176 shares of the firm’s stock in a transaction dated Friday, September 18th. The shares were purchased at an average cost of $239.33 per share, with a total value of $999,442.08. Following the completion of the transaction, the director owned 18,748 shares in the company, valued at approximately $4,486,958.84. The trade was a 28.66% increase in their position. The disclosure for this purchase is available in the SEC filing. 3.50% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Salesforce

A number of hedge funds and other institutional investors have recently made changes to their positions in CRM. Costello Asset Management INC lifted its stake in shares of Salesforce by 410.3% in the 1st quarter. Costello Asset Management INC now owns 148 shares of the CRM provider’s stock valued at $28,000 after purchasing an additional 119 shares during the period. ABS Investment Management LLC acquired a new stake in Salesforce during the second quarter worth approximately $610,974,000. ABS Direct Equity Fund LLC bought a new stake in Salesforce in the second quarter worth approximately $25,000. Manning & Napier Advisors LLC acquired a new position in Salesforce in the second quarter valued at approximately $26,000. Finally, Persistent Asset Partners Ltd bought a new position in shares of Salesforce during the 2nd quarter worth approximately $27,000. Hedge funds and other institutional investors own 80.43% of the company’s stock.

Key Headlines Impacting Salesforce

Here are the key news stories impacting Salesforce this week:

Positive Sentiment: Salesforce agreed to acquire customer-engagement software provider Braze for approximately $5.66 billion in cash, or $47.50 per share—a 58% premium. Braze’s real-time customer data and engagement tools could strengthen Salesforce’s Agentforce AI platform and fill a gap in Marketing Cloud’s ability to process live consumer events. Salesforce Fuels AI Engine With $5.66B Braze Buyout
Positive Sentiment: Analysts remain constructive: Cantor Fitzgerald reaffirmed its “overweight” rating and set a $300 price target, implying substantial upside from recent trading levels. Zacks also ranks CRM highly on its value metrics, which may attract investors after Salesforce’s strong earnings and recent share-price gains. Salesforce Is a Top-Ranked Value Stock
Positive Sentiment: The broader AI spending cycle remains a potential tailwind. Salesforce is viewed as needing to prove that customers will purchase its AI agents, while the Braze deal and recent data-focused investments could improve its competitive position and monetization prospects.
Neutral Sentiment: Salesforce’s expected fiscal 2028 closing timeline gives the company time to obtain antitrust approval and limits immediate disruption to its fiscal 2027 outlook. Investors will monitor Braze customer retention, integration progress and Agentforce revenue during the extended period.
Negative Sentiment: The acquisition initially weighed on CRM because Salesforce is paying a significant premium for a company that has been unprofitable. The all-cash transaction consumes capital, while integration costs, overlapping operations and potential regulatory scrutiny could pressure margins and delay financial benefits. Salesforce Announces $5.66 Billion Braze Deal
Negative Sentiment: With CRM having already advanced sharply on improving growth expectations and AI-related optimism, some investors may be taking profits and demanding clearer evidence that the Braze purchase will accelerate revenue rather than simply increase acquisition risk.

Salesforce Company Profile

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Salesforce, Inc (NYSE: CRM) is a global enterprise software company that provides cloud-based customer relationship management (CRM) technology. Its platform helps organizations manage sales, customer service, marketing, commerce, data, analytics and interactions with customers across digital and traditional channels.

The company’s products include Sales Cloud, Service Cloud, Marketing Cloud, Commerce Cloud and Data Cloud. Salesforce also offers Tableau for data visualization and analytics, MuleSoft for application integration, and Slack for workplace collaboration.