Q1 Earnings Forecast for Salesforce Issued By Roth Capital

Salesforce, Inc. (NYSE:CRMFree Report) – Investment analysts at Roth Capital issued their Q1 2027 earnings per share estimates for shares of Salesforce in a research note issued to investors on Thursday, February 27th. Roth Capital analyst R. Baldry anticipates that the CRM provider will post earnings of $2.16 per share for the quarter. The consensus estimate for Salesforce’s current full-year earnings is $7.46 per share. Roth Capital also issued estimates for Salesforce’s Q2 2027 earnings at $2.26 EPS, Q3 2027 earnings at $2.32 EPS, Q4 2027 earnings at $2.66 EPS and FY2027 earnings at $9.40 EPS.

Salesforce (NYSE:CRMGet Free Report) last issued its earnings results on Tuesday, December 3rd. The CRM provider reported $2.41 EPS for the quarter, missing analysts’ consensus estimates of $2.44 by ($0.03). The firm had revenue of $9.44 billion for the quarter, compared to analysts’ expectations of $9.35 billion. Salesforce had a return on equity of 12.34% and a net margin of 15.96%. Salesforce’s revenue for the quarter was up 8.3% on a year-over-year basis. During the same period last year, the firm earned $1.62 earnings per share.

A number of other equities research analysts also recently commented on the company. Royal Bank of Canada lifted their target price on Salesforce from $300.00 to $420.00 and gave the company an “outperform” rating in a research report on Wednesday, December 4th. Wedbush reaffirmed an “outperform” rating and set a $425.00 target price on shares of Salesforce in a research note on Wednesday, December 18th. Morgan Stanley upped their price objective on shares of Salesforce from $330.00 to $405.00 and gave the stock an “overweight” rating in a report on Wednesday, December 4th. Robert W. Baird dropped their target price on shares of Salesforce from $430.00 to $400.00 and set an “outperform” rating for the company in a report on Thursday, February 27th. Finally, Macquarie decreased their price target on Salesforce from $370.00 to $320.00 and set a “neutral” rating on the stock in a research note on Thursday, February 27th. Two analysts have rated the stock with a sell rating, five have given a hold rating, thirty-two have assigned a buy rating and four have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $365.32.

Read Our Latest Stock Report on CRM

Salesforce Stock Down 1.8 %

CRM stock opened at $292.60 on Monday. The firm has a market cap of $280.02 billion, a PE ratio of 48.13, a PEG ratio of 2.58 and a beta of 1.31. Salesforce has a one year low of $212.00 and a one year high of $369.00. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.11 and a current ratio of 1.11. The firm’s 50 day moving average price is $328.10 and its 200-day moving average price is $308.16.

Hedge Funds Weigh In On Salesforce

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Park Square Financial Group LLC purchased a new position in shares of Salesforce in the 4th quarter valued at approximately $190,000. Total Wealth Planning & Management Inc. acquired a new stake in shares of Salesforce during the fourth quarter worth $284,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Salesforce during the fourth quarter worth $392,649,000. Brooklyn FI LLC purchased a new position in Salesforce in the 4th quarter valued at $2,921,000. Finally, Brucke Financial Inc. acquired a new position in Salesforce in the 4th quarter valued at $1,449,000. Hedge funds and other institutional investors own 80.43% of the company’s stock.

Insider Activity at Salesforce

In other Salesforce news, CFO Amy E. Weaver sold 6,221 shares of Salesforce stock in a transaction that occurred on Tuesday, December 24th. The stock was sold at an average price of $343.00, for a total transaction of $2,133,803.00. Following the transaction, the chief financial officer now owns 53,861 shares of the company’s stock, valued at $18,474,323. The trade was a 10.35 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Parker Harris sold 942 shares of the firm’s stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of $339.78, for a total transaction of $320,072.76. Following the transaction, the insider now owns 120,333 shares in the company, valued at approximately $40,886,746.74. This trade represents a 0.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 1,102,572 shares of company stock valued at $381,283,706 over the last ninety days. Insiders own 3.20% of the company’s stock.

Salesforce Announces Dividend

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

About Salesforce

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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.

Further Reading

Earnings History and Estimates for Salesforce (NYSE:CRM)

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