Analysts Set Expectations for Salesforce FY2026 Earnings

Salesforce, Inc. (NYSE:CRM) – Stock analysts at DA Davidson reduced their FY2026 earnings per share (EPS) estimates for shares of Salesforce in a research report issued on Thursday, February 27th. DA Davidson analyst G. Luria now forecasts that the CRM provider will post earnings of $8.45 per share for the year, down from their previous forecast of $8.64. DA Davidson currently has a “Neutral” rating and a $275.00 price target on the stock. The consensus estimate for Salesforce’s current full-year earnings is $7.46 per share. DA Davidson also issued estimates for Salesforce’s FY2027 earnings at $9.54 EPS.

CRM has been the subject of several other research reports. Redburn Atlantic assumed coverage on shares of Salesforce in a research report on Wednesday, February 19th. They set a “buy” rating for the company. Wells Fargo & Company decreased their target price on Salesforce from $345.00 to $310.00 and set an “equal weight” rating on the stock in a research report on Thursday, February 27th. Morgan Stanley lifted their price target on Salesforce from $330.00 to $405.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 4th. Citigroup reissued a “cautious” rating on shares of Salesforce in a research note on Thursday. Finally, UBS Group lifted their target price on shares of Salesforce from $275.00 to $360.00 and gave the stock a “neutral” rating in a research note on Friday, November 22nd. Two analysts have rated the stock with a sell rating, five have issued a hold rating, thirty-two have assigned a buy rating and four have assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $365.32.

Salesforce Stock Performance

CRM opened at $292.60 on Monday. The firm’s fifty day simple moving average is $328.10 and its two-hundred day simple moving average is $308.16. Salesforce has a 52-week low of $212.00 and a 52-week high of $369.00. The company has a market cap of $280.02 billion, a price-to-earnings ratio of 48.13, a PEG ratio of 2.58 and a beta of 1.31. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.14.

Salesforce (NYSE:CRM) last announced its earnings results on Tuesday, December 3rd. The CRM provider reported $2.41 earnings per share for the quarter, missing the consensus estimate of $2.44 by ($0.03). Salesforce had a return on equity of 12.34% and a net margin of 15.96%. The business had revenue of $9.44 billion for the quarter, compared to analyst estimates of $9.35 billion. During the same period in the previous year, the company earned $1.62 earnings per share. The company’s quarterly revenue was up 8.3% compared to the same quarter last year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. State Street Corp boosted its stake in Salesforce by 1.8% in the third quarter. State Street Corp now owns 49,007,404 shares of the CRM provider’s stock valued at $13,432,855,000 after acquiring an additional 864,193 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Salesforce by 0.9% in the 4th quarter. Geode Capital Management LLC now owns 19,955,353 shares of the CRM provider’s stock valued at $6,656,078,000 after purchasing an additional 175,035 shares during the last quarter. Fisher Asset Management LLC boosted its position in shares of Salesforce by 1.4% in the 4th quarter. Fisher Asset Management LLC now owns 12,453,872 shares of the CRM provider’s stock valued at $4,163,703,000 after purchasing an additional 177,321 shares during the period. Northern Trust Corp grew its stake in Salesforce by 18.3% during the 4th quarter. Northern Trust Corp now owns 11,224,927 shares of the CRM provider’s stock worth $3,752,830,000 after buying an additional 1,736,667 shares during the last quarter. Finally, Norges Bank acquired a new position in Salesforce during the fourth quarter worth approximately $3,599,867,000. 80.43% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Salesforce news, Director Robin L. Washington purchased 1,695 shares of the firm’s stock in a transaction on Friday, February 28th. The stock was bought at an average cost of $294.61 per share, with a total value of $499,363.95. Following the acquisition, the director now directly owns 43,445 shares of the company’s stock, valued at approximately $12,799,331.45. This represents a 4.06 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Miguel Milano sold 458 shares of the stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $307.97, for a total value of $141,050.26. Following the completion of the transaction, the insider now owns 5,864 shares in the company, valued at approximately $1,805,936.08. The trade was a 7.24 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 1,102,572 shares of company stock worth $381,283,706 in the last 90 days. Corporate insiders own 3.20% of the company’s stock.

Salesforce Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Wednesday, December 18th were paid a $0.40 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $1.60 dividend on an annualized basis and a yield of 0.55%. Salesforce’s dividend payout ratio is currently 25.16%.

About Salesforce

Salesforce, Inc provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company's service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and artificial intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer support at scale.