Cantor Fitzgerald Reaffirms “Overweight” Rating for Salesforce (NYSE:CRM)

Posted by Brenda Bartman on Oct 21st, 2026

Salesforce (NYSE:CRM – Get Free Report)‘s stock had its “overweight” rating reaffirmed by research analysts at Cantor Fitzgerald in a research note issued on Wednesday, MarketBeat.com reports. They presently have a $300.00 price target on the CRM provider’s stock. Cantor Fitzgerald‘s price target points to a potential upside of 24.08% from the stock’s previous close.

Other analysts have also recently issued research reports about the company. Citizens Jmp restated a “market outperform” rating and set a $315.00 price objective on shares of Salesforce in a research note on Friday, September 18th. Monness Crespi & Hardt upped their price objective on Salesforce from $222.00 to $266.00 and gave the company a “buy” rating in a research note on Thursday, August 27th. Citigroup restated a “market outperform” rating on shares of Salesforce in a research note on Tuesday. Phillip Securities cut Salesforce from a “buy” rating to a “hold” rating and cut their price objective for the company from $253.00 to $166.00 in a research note on Monday, June 29th. Finally, Wolfe Research upgraded Salesforce from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 27th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, thirteen have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, Salesforce has a consensus rating of “Moderate Buy” and an average price target of $278.98.

Read Our Latest Stock Report on Salesforce

Salesforce Stock Down 0.3%

Shares of NYSE:CRM traded down $0.66 during trading on Wednesday, hitting $241.77. The company’s stock had a trading volume of 5,427,161 shares, compared to its average volume of 13,451,264. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.84 and a current ratio of 0.84. Salesforce has a fifty-two week low of $146.32 and a fifty-two week high of $269.11. The stock’s 50-day moving average price is $233.29 and its two-hundred day moving average price is $195.68. The company has a market capitalization of $198.98 billion, a PE ratio of 22.04, a PEG ratio of 1.10 and a beta of 1.26.

Salesforce (NYSE:CRM – Get Free Report) last released its quarterly earnings results on Wednesday, August 26th. The CRM provider reported $5.90 EPS for the quarter, topping the consensus estimate of $3.27 by $2.63. Salesforce had a return on equity of 24.90% and a net margin of 21.99%. The business had revenue of $11.35 billion for the quarter, compared to analysts’ expectations of $11.33 billion. During the same quarter in the previous year, the firm posted $2.91 earnings per share. The company’s 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 expect that Salesforce will post 12.82 EPS for the current year.

Insider Buying and Selling

In other news, Director Craig Conway sold 4,500 shares of the stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $260.61, for a total transaction of $1,172,745.00. Following the sale, the director directly owned 5,437 shares in the company, valued at approximately $1,416,936.57. This represents a 45.29% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director David Blair Kirk purchased 4,176 shares of the company’s stock in a transaction dated Friday, September 18th. The shares were bought at an average price of $239.33 per share, for a total transaction of $999,442.08. Following the completion of the transaction, the director directly owned 18,748 shares in the company, valued at approximately $4,486,958.84. This trade represents a 28.66% increase in their position. The SEC filing for this purchase provides additional information. 3.50% of the stock is currently owned by corporate insiders.

Institutional Trading of Salesforce

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Thor Investment Management Inc. OH ADV raised its stake in shares of Salesforce by 0.7% in the 3rd quarter. Thor Investment Management Inc. OH ADV now owns 6,422 shares of the CRM provider’s stock valued at $1,474,000 after purchasing an additional 45 shares during the period. Crumly & Associates Inc. raised its stake in shares of Salesforce by 1.5% in the 3rd quarter. Crumly & Associates Inc. now owns 3,396 shares of the CRM provider’s stock valued at $780,000 after purchasing an additional 50 shares during the period. HBW Advisory Services LLC increased its position in shares of Salesforce by 0.4% in the first quarter. HBW Advisory Services LLC now owns 13,098 shares of the CRM provider’s stock valued at $2,445,000 after acquiring an additional 57 shares during the last quarter. Paragon Capital Management Inc. increased its position in shares of Salesforce by 1.0% in the third quarter. Paragon Capital Management Inc. now owns 5,714 shares of the CRM provider’s stock valued at $1,312,000 after acquiring an additional 57 shares during the last quarter. Finally, Onyx Bridge Wealth Group LLC increased its position in shares of Salesforce by 3.6% in the third quarter. Onyx Bridge Wealth Group LLC now owns 1,632 shares of the CRM provider’s stock valued at $375,000 after acquiring an additional 57 shares during the last quarter. 80.43% of the stock is currently owned by institutional investors and hedge funds.

More Salesforce News

Here are the key news stories impacting Salesforce this week:

Positive Sentiment: Strategic expansion of Agentforce and marketing capabilities: Salesforce will pay $47.50 per Braze share, a roughly 58% premium, to acquire real-time customer-engagement technology and approximately 2,770 enterprise customers. The platform could provide the live behavioral data needed to strengthen Salesforce’s Agentforce AI ecosystem and Marketing Cloud. Salesforce Fuels AI Engine With $5.66B Braze Buyout
Positive Sentiment: Analyst support remains constructive: UBS called the deal a solid strategic fit at a reasonable price, although it cautioned that Salesforce must demonstrate stronger organic growth. Cantor Fitzgerald reaffirmed its overweight rating and set a $300 price target, implying material upside from recent trading levels. Salesforce’s Braze Deal Wins UBS Backing
Positive Sentiment: Long-term AI spending could provide a tailwind: Commentary citing analyst Dan Ives argues that the broader AI infrastructure and software buildout remains in its early stages. Salesforce is positioned to benefit if enterprises continue shifting budgets toward AI agents, data infrastructure and automated customer engagement. The AI Buildout Is Only 15% Complete
Neutral Sentiment: Execution will determine the payoff: The acquisition is expected to close in fiscal 2028, subject to antitrust review. Salesforce has the cash flow and balance-sheet capacity to fund the transaction, but investors will monitor customer retention, product integration, margins and whether the deal accelerates revenue growth rather than merely adding scale.
Negative Sentiment: Premium valuation and acquisition concerns weigh on the stock: Braze is reportedly unprofitable, making the 58% premium difficult to justify without substantial future synergies. The upfront cash commitment and complexity of integrating another major software platform have prompted investors to discount Salesforce shares in the near term. Salesforce Announces $5.66 Billion Braze Deal

Salesforce Company Profile

(Get Free Report)

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.