Salesforce (NYSE:CRM) Given New $280.00 Price Target at Mizuho

Salesforce (NYSE:CRM) had its target price boosted by stock analysts at Mizuho from $265.00 to $280.00 in a research note issued to investors on Wednesday, Benzinga reports. The brokerage presently has an “outperform” rating on the CRM provider’s stock. Mizuho’s price target suggests a potential upside of 11.73% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. Erste Group Bank raised shares of Salesforce from a “hold” rating to a “buy” rating in a research report on Wednesday, August 5th. Wolfe Research raised Salesforce from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 27th. Guggenheim restated a “buy” rating and issued a $228.00 price target on shares of Salesforce in a research note on Thursday, August 27th. KeyCorp downgraded Salesforce from an “overweight” rating to a “sector weight” rating in a report on Wednesday, July 8th. Finally, Daiwa Securities Group lowered their price objective on Salesforce from $295.00 to $280.00 and set a “buy” rating for the company in a research report on Tuesday, June 2nd. Three research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, fourteen have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $267.50.

Salesforce Stock Down 2.0%

CRM stock traded down $5.04 during mid-day trading on Wednesday, reaching $250.60. The company had a trading volume of 3,524,762 shares, compared to its average volume of 13,965,092. Salesforce has a fifty-two week low of $146.32 and a fifty-two week high of $269.11. The company has a market capitalization of $206.25 billion, a price-to-earnings ratio of 22.87, a price-to-earnings-growth ratio of 1.18 and a beta of 1.20. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.84 and a current ratio of 0.84. The firm has a fifty day simple moving average of $204.13 and a 200 day simple moving average of $188.20.

Salesforce (NYSE:CRM) last released its earnings results on Wednesday, August 26th. The CRM provider reported $5.90 earnings per share for the quarter, topping analysts’ consensus estimates of $3.27 by $2.63. Salesforce had a net margin of 21.99% and a return on equity of 24.90%. The firm had revenue of $11.35 billion for the quarter, compared to analyst estimates of $11.33 billion. During the same period in the prior year, the firm earned $2.91 earnings per share. The business’s quarterly 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. Analysts forecast that Salesforce will post 12.83 earnings per share for the current fiscal year.

Insider Transactions at Salesforce

In other Salesforce news, Director Craig Conway sold 4,500 shares of Salesforce 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 transaction, the director owned 5,437 shares of the company’s stock, valued at $1,416,936.57. The trade was a 45.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 3.50% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Salesforce

Institutional investors have recently modified their holdings of the business. Commonwealth Retirement Investments LLC acquired a new position in Salesforce in the 4th quarter valued at about $25,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in Salesforce during the 4th quarter worth approximately $34,000. Godfrey Financial Associates Inc. acquired a new stake in Salesforce during the 4th quarter worth approximately $36,000. Abound Financial LLC purchased a new position in shares of Salesforce in the 4th quarter valued at approximately $38,000. Finally, Costello Asset Management INC grew its stake in shares of Salesforce by 410.3% in the 1st quarter. Costello Asset Management INC now owns 148 shares of the CRM provider’s stock valued at $28,000 after purchasing an additional 119 shares during the last quarter. 80.43% of the stock is owned by institutional investors and hedge funds.

Salesforce News Summary

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: AI product momentum: Salesforce and NVIDIA introduced Koa, a CRM-specific reasoning model built on NVIDIA Nemotron to support complex, multi-step tasks in Agentforce. The launch strengthens Salesforce’s effort to differentiate its AI tools using proprietary CRM data and enterprise workflows. Announcing Koa: Salesforce’s First CRM Reasoning Model
• Positive Sentiment: Signs of adoption are improving: Slackbot users increased more than 150% sequentially, while stronger Slack bookings and rapid growth in Agentforce activity suggest Salesforce may be expanding customer spending through AI. Analysts argue the company’s large enterprise customer base could provide a distribution advantage. Slackbot Users Jump 150%
• Positive Sentiment: Broader ecosystem support: Salesforce announced expanded collaborations with AWS, NVIDIA, Siemens and other partners, while Outreach joined AgentExchange. These integrations could accelerate enterprise deployment of Agentforce and increase Salesforce’s role in customers’ AI workflows.
• Neutral Sentiment: Investor expectations are elevated: Salesforce shares have recently approached their 52-week high, and some analysts see further upside if AI products translate into sustained organic growth. Options activity and analyst commentary remain generally constructive, although opinions are mixed.
• Negative Sentiment: Service disruption at Dreamforce: Salesforce warned that users could experience severe delays, intermittent errors or inability to access certain services. The outage creates an immediate reliability concern and could undermine confidence during the company’s flagship investor event. Salesforce Service Outages Strike on Day 2 of Dreamforce Conference
• Negative Sentiment: Monetization and cash-flow risks: Analysts note that most sales and service users have not yet moved to premium editions required for some AI features. Concerns also persist that Salesforce’s fiscal 2027 free-cash-flow growth outlook has slowed, making the stock’s premium valuation more dependent on successful AI adoption.

Salesforce Company Profile

Salesforce, Inc is a cloud-based software company that provides customer relationship management (CRM) technology and related enterprise applications. Its platform helps organizations manage sales, customer service, marketing, commerce, data analytics and business operations through subscription-based software and cloud services.

The company’s product portfolio includes Sales Cloud, Service Cloud, Marketing Cloud, Commerce Cloud, Data Cloud and the Salesforce Platform. Salesforce also offers Slack for workplace collaboration, Tableau for data visualization and analytics, MuleSoft for application integration, and artificial intelligence capabilities, including its Agentforce platform for building and deploying AI agents.

Founded in 1999, Salesforce is headquartered in San Francisco, California, and serves businesses and organizations across a broad range of industries and geographic markets worldwide.