Salesforce (NYSE:CRM) Stock Rating Reaffirmed as “Overweight” by Cantor Fitzgerald

Posted by Brenda Bartman on Oct 21st, 2026

Salesforce (NYSE:CRM – Get Free Report)‘s stock had its “overweight” rating reiterated by analysts at Cantor Fitzgerald in a note issued to investors on Wednesday, MarketBeat reports. They presently have a $300.00 price target on the CRM provider’s stock. Cantor Fitzgerald‘s price target suggests a potential upside of 23.86% from the stock’s current price.

Other analysts have also issued research reports about the company. Truist Financial restated a “buy” rating and set a $300.00 target price (up from $280.00) on shares of Salesforce in a report on Thursday, August 27th. BTIG Research reaffirmed a “buy” rating and set a $300.00 target price on shares of Salesforce in a research report on Wednesday, September 2nd. Bank of America raised Salesforce from an “underperform” rating to a “buy” rating and increased their target price for the company from $160.00 to $285.00 in a research report on Monday, October 12th. Monness Crespi & Hardt increased their target price on Salesforce from $222.00 to $266.00 and gave the company a “buy” rating in a research report on Thursday, August 27th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Salesforce in a research report on Tuesday. Three investment analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, thirteen have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $278.98.

Check Out Our Latest Analysis on CRM

Salesforce Trading Down 0.1%

Shares of NYSE CRM traded down $0.23 during trading hours on Wednesday, reaching $242.21. The stock had a trading volume of 1,658,930 shares, compared to its average volume of 13,432,304. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 1.02. The firm has a market cap of $199.33 billion, a price-to-earnings ratio of 22.07, a P/E/G ratio of 1.10 and a beta of 1.26. The business’s fifty day moving average price is $233.29 and its two-hundred day moving average price is $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. The firm had revenue of $11.35 billion during the quarter, compared to analyst estimates of $11.33 billion. Salesforce had a return on equity of 24.90% and a net margin of 21.99%. Salesforce’s quarterly revenue was up 10.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.91 earnings per share. Salesforce has set its FY 2027 guidance at 16.670-16.710 EPS and its Q3 2027 guidance at 3.420-3.440 EPS. Analysts expect that Salesforce will post 12.82 EPS for the current fiscal year.

Insiders Place Their Bets

In other Salesforce news, Director David Blair Kirk purchased 4,176 shares of Salesforce stock in a transaction dated Friday, September 18th. The shares were acquired 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. This trade represents a 28.66% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Craig Conway sold 4,500 shares of the company’s stock in a transaction on Friday, September 4th. The stock was sold at an average price of $260.61, for a total value of $1,172,745.00. Following the transaction, the director directly owned 5,437 shares in the company, valued at approximately $1,416,936.57. The trade was a 45.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 3.50% of the company’s stock.

Hedge Funds Weigh In On Salesforce

Several hedge funds have recently made changes to their positions in CRM. Sowell Financial Services LLC increased its stake in Salesforce by 16.1% in the third quarter. Sowell Financial Services LLC now owns 9,277 shares of the CRM provider’s stock valued at $2,130,000 after purchasing an additional 1,288 shares during the period. Quadrant Capital Group LLC increased its stake in Salesforce by 105.6% in the third quarter. Quadrant Capital Group LLC now owns 21,585 shares of the CRM provider’s stock valued at $5,137,000 after purchasing an additional 11,085 shares during the period. Robbins Farley acquired a new position in Salesforce in the third quarter valued at $459,000. Benchmark Financial Wealth Advisors LLC acquired a new position in Salesforce in the third quarter valued at $388,000. Finally, Sulzberger Capital Advisors Inc. acquired a new position in Salesforce in the third quarter valued at $285,000. 80.43% of the stock is owned by institutional investors and hedge funds.

Key Salesforce News

Here are the key news stories impacting Salesforce this week:

Positive Sentiment: Braze could strengthen Agentforce and Marketing Cloud. Salesforce will acquire Braze for $47.50 per share in cash, a roughly 58% premium, adding real-time customer-behavior data, engagement tools and approximately 2,770 enterprise customers. The technology may help Agentforce AI agents respond instantly across mobile, web and messaging channels, rather than relying on slower batch data. The transaction is expected to close in fiscal 2028, subject to regulatory approval. Salesforce Fuels AI Engine With $5.66B Braze Buyout
Positive Sentiment: Analyst support remains favorable. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $300 price target, implying substantial upside from recent levels. Jefferies said the deal could improve Salesforce’s marketing capabilities and encourage broader consolidation in software. Jefferies on Salesforce’s Braze Deal
Positive Sentiment: AI spending and Salesforce’s data strategy provide longer-term catalysts. Coverage highlights the possibility of a multiyear AI investment cycle, while Salesforce’s Informatica and Braze assets could improve its enterprise-data advantage. Its strong margins, cash generation and ongoing buyback program provide financial support for the strategy. Informatica Boosts Salesforce’s Data Edge
Neutral Sentiment: Valuation screens are improving. Zacks ranks Salesforce as a top value stock, and recent coverage points to a rebound in growth driven by rising demand for its AI and data products. However, the value argument depends on sustained execution and monetization. Salesforce Is a Top-Ranked Value Stock
Negative Sentiment: The Braze deal raises acquisition and integration concerns. Investors are concerned that Salesforce is paying a large premium for a company that remains unprofitable, while deploying $5.66 billion in cash could pressure returns before the deal generates synergies. Antitrust review, customer retention and the integration of separate data architectures add further uncertainty. Salesforce Announces Braze Acquisition

About Salesforce

(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.