Salesforce’s (CRM) Overweight Rating Reiterated at Cantor Fitzgerald

Posted by on Oct 21st, 2026

Salesforce (NYSE:CRM – Get Free Report)‘s stock had its “overweight” rating restated by equities research analysts at Cantor Fitzgerald in a research report issued to clients and investors on Wednesday, MarketBeat.com reports. They presently have a $300.00 price target on the CRM provider’s stock. Cantor Fitzgerald‘s price objective suggests a potential upside of 24.09% from the stock’s previous close.

Other research analysts have also issued research reports about the company. CLSA started coverage on Salesforce in a report on Monday, July 20th. They issued a “hold” rating and a $165.00 target price on the stock. Citizens Jmp restated a “market outperform” rating and issued a $315.00 target price on shares of Salesforce in a report on Friday, September 18th. KeyCorp started coverage on Salesforce in a report on Monday, October 12th. They issued a “sector weight” rating on the stock. Oppenheimer restated an “outperform” rating on shares of Salesforce in a report on Thursday, September 17th. Finally, Stifel Nicolaus raised their target price on Salesforce from $275.00 to $300.00 and gave the company a “buy” rating in a report on Thursday, September 17th. 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 given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $278.40.

Get Our Latest Analysis on CRM

Salesforce Stock Down 0.3%

CRM stock traded down $0.68 during mid-day trading on Wednesday, reaching $241.75. 1,041,297 shares of the company traded hands, compared to its average volume of 13,428,068. The stock has a market cap of $198.96 billion, a price-to-earnings ratio of 22.01, a P/E/G ratio of 1.10 and a beta of 1.26. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 1.02. Salesforce has a fifty-two week low of $146.32 and a fifty-two week high of $269.11. The firm’s 50 day moving average price is $233.29 and its 200 day moving average price is $195.68.

Salesforce (NYSE:CRM – Get Free Report) last issued its quarterly earnings data on Wednesday, August 26th. The CRM provider reported $5.90 EPS for the quarter, topping analysts’ consensus estimates of $3.27 by $2.63. Salesforce had a return on equity of 24.90% and a net margin of 21.99%. The firm had revenue of $11.35 billion during the quarter, compared to analyst estimates of $11.33 billion. During the same period in the previous year, the company posted $2.91 EPS. The company’s revenue for the quarter was up 10.8% on a year-over-year basis. 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, equities research analysts predict that Salesforce will post 12.82 EPS for the current fiscal year.

Insider Buying and Selling

In related 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 completion of the sale, the director directly owned 5,437 shares of the company’s stock, valued at approximately $1,416,936.57. This trade represents a 45.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director David Blair Kirk purchased 4,176 shares of Salesforce stock in a transaction that occurred on Friday, September 18th. The shares were bought at an average price of $239.33 per share, with a total value of $999,442.08. Following the transaction, the director owned 18,748 shares of the company’s stock, valued at $4,486,958.84. This trade represents a 28.66% increase in their position. The SEC filing for this purchase provides additional information. Company insiders own 3.50% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Sowell Financial Services LLC increased its holdings in Salesforce by 16.1% during the 3rd quarter. Sowell Financial Services LLC now owns 9,277 shares of the CRM provider’s stock worth $2,130,000 after acquiring an additional 1,288 shares during the period. Quadrant Capital Group LLC increased its holdings in Salesforce by 105.6% during the 3rd quarter. Quadrant Capital Group LLC now owns 21,585 shares of the CRM provider’s stock worth $5,137,000 after acquiring an additional 11,085 shares during the period. Robbins Farley bought a new stake in Salesforce during the 3rd quarter worth approximately $459,000. Benchmark Financial Wealth Advisors LLC bought a new stake in Salesforce during the 3rd quarter worth approximately $388,000. Finally, Sulzberger Capital Advisors Inc. bought a new stake in Salesforce during the 3rd quarter worth approximately $285,000. 80.43% of the stock is currently owned by hedge funds and other institutional investors.

Salesforce News Roundup

Here are the key news stories impacting Salesforce this week:

  • Positive Sentiment: Salesforce agreed to acquire customer-engagement platform Braze for approximately $5.66 billion, or $47.50 per share. Braze’s real-time processing of customer behavior could strengthen Salesforce Marketing Cloud and provide data infrastructure for its Agentforce AI platform. Salesforce Announces Braze Acquisition
  • Positive Sentiment: Analysts see potential upside from the transaction. Jefferies said the deal could improve Salesforce’s marketing capabilities and encourage broader software consolidation, while Cantor Fitzgerald reaffirmed its overweight rating with a $300 price target. Jefferies on Salesforce’s Braze Deal
  • Positive Sentiment: The acquisition supports Salesforce’s broader AI strategy by adding live consumer-event data to its CRM ecosystem. Analysts remain constructive on the company’s ability to benefit from continued enterprise AI spending.
  • Neutral Sentiment: Third-party developer Navatar announced bidirectional connectivity between Claude and Salesforce through Model Context Protocol, allowing private-equity and M&A users to move research and CRM information between the platforms. The announcement demonstrates expanding Salesforce ecosystem usage but is unlikely to materially affect near-term financial results. Navatar Connects Claude and Salesforce
  • Negative Sentiment: Investors initially viewed the Braze purchase cautiously because Salesforce is paying a substantial premium—about 58% above Braze’s prior closing price—for a company that has reported losses. The transaction also creates near-term cash-allocation concerns.
  • Negative Sentiment: Integration and regulatory risks could delay the expected benefits. Combining data architectures, sales teams and products may pressure margins, while the anticipated fiscal 2028 closing leaves a lengthy period for antitrust review and execution uncertainty. CNBC on Salesforce’s Braze Acquisition

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.

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