Salesforce Inc. (NYSE:CRM) Stock Has Consensus Target Price of $275.14 According to Brokerages

Shares of Salesforce Inc. (NYSE:CRM) have earned an average rating of “Moderate Buy” from the fifty brokerages that are presently covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a sell recommendation, thirteen have given a hold recommendation, thirty-one have assigned a buy recommendation and three have given a strong buy recommendation to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $278.12.

CRM has been the topic of several research analyst reports. Evercore assumed coverage on shares of Salesforce in a research report on Monday. They issued an “outperform” rating on the stock. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Salesforce in a report on Thursday, August 27th. Truist Financial reiterated a “buy” rating and issued a $300.00 price objective (up from $280.00) on shares of Salesforce in a research note on Thursday, August 27th. Morgan Stanley set a $315.00 price target on Salesforce in a research note on Wednesday, September 2nd. Finally, Mizuho lifted their price objective on Salesforce from $265.00 to $280.00 and gave the company an “outperform” rating in a report on Wednesday, September 16th.

Salesforce Stock Down 0.9%

CRM stock opened at $235.95 on Friday. The company has a market cap of $194.19 billion, a price-to-earnings ratio of 21.51, a P/E/G ratio of 1.08 and a beta of 1.26. Salesforce has a twelve month low of $146.32 and a twelve month high of $269.11. The business has a 50 day moving average price of $229.31 and a two-hundred day moving average price of $194.02. 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 (NYSE:CRM) last announced its quarterly earnings data on Wednesday, August 26th. The CRM provider reported $5.90 EPS for the quarter, beating 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 company had revenue of $11.35 billion during the quarter, compared to the consensus estimate of $11.33 billion. During the same quarter last year, the firm posted $2.91 EPS. The company’s quarterly revenue 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. Analysts anticipate that Salesforce will post 12.82 EPS for the current fiscal year.

Salesforce Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 8th. Shareholders of record on Thursday, September 17th were given a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a yield of 0.7%. The ex-dividend date was Thursday, September 17th. Salesforce’s payout ratio is currently 16.04%.

Insider Buying and Selling at Salesforce

In other Salesforce news, Director Craig Conway sold 4,500 shares of Salesforce stock in a transaction dated 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 owned 5,437 shares in the company, 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 legal filing with the SEC, which is available at this link. Also, Director David Blair Kirk purchased 4,176 shares of the firm’s stock in a transaction that occurred on Friday, September 18th. The shares were bought at an average cost of $239.33 per share, for a total transaction of $999,442.08. Following the completion of the acquisition, the director directly owned 18,748 shares in the company, valued at $4,486,958.84. The trade was a 28.66% increase in their position. The disclosure for this purchase is available in the SEC filing. 3.50% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of CRM. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in shares of Salesforce during the 4th quarter valued at about $34,000. Abound Financial LLC purchased a new position in Salesforce in the 4th quarter valued at about $38,000. Costello Asset Management INC increased its position in shares of Salesforce by 410.3% during the first quarter. Costello Asset Management INC now owns 148 shares of the CRM provider’s stock worth $28,000 after acquiring an additional 119 shares during the last quarter. ABS Investment Management LLC acquired a new stake in Salesforce during the 2nd quarter valued at approximately $610,974,000. Finally, ABS Direct Equity Fund LLC purchased a new stake in Salesforce during the 2nd quarter worth approximately $25,000. 80.43% of the stock is owned by institutional investors.

Key Salesforce News

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Analyst upgrade and AI acquisition support sentiment: Bank of America reportedly issued a rare double upgrade, arguing that Salesforce’s AI offerings could deepen customer dependence on its platform. The bullish call followed Salesforce’s agreement to acquire AI-powered analytics platform Loops, which could strengthen its data and analytics capabilities. Salesforce Gets a Rare BofA Double Upgrade
• Positive Sentiment: Technical setup points to additional upside: A weekly bullish reversal, daily double-bottom pattern and potential bullish-flag breakout suggest the post-breakout pullback may be ending, according to technical analysis. Salesforce Price Forecast
• Positive Sentiment: Expanded DocuSign partnership adds an AI workflow catalyst: DocuSign’s Intelligent Agreement Management platform will be integrated natively with Salesforce, Agentforce and Slack, potentially increasing the usefulness of Salesforce’s AI agents for revenue teams. DocuSign and Salesforce Launch Intelligent Agreement Management
• Neutral Sentiment: Relative valuation looks favorable: One comparison with ServiceNow concluded Salesforce has stronger earnings estimate revisions, faster AI growth and a lower valuation, although investors still need evidence that those advantages will translate into sustained growth. Salesforce vs. ServiceNow
• Negative Sentiment: AI monetization remains the key overhang: Despite earnings beats, skeptics question whether agentic AI can materially improve Salesforce’s profits. Reports also highlight AI cannibalization risks and note that many customers have not yet adopted a potentially important upgrade, leaving investors cautious about near-term revenue acceleration. Agentic AI Skepticism

Salesforce Company Profile

Salesforce, Inc (NYSE: CRM) develops cloud-based customer relationship management (CRM) software and enterprise applications. Its platform helps organizations manage sales, customer service, marketing, commerce, analytics, data integration and collaboration through subscription-based services.

The company’s product portfolio includes Sales Cloud, Service Cloud, Marketing Cloud, Commerce Cloud, Salesforce Platform, Data Cloud and Tableau. Salesforce also offers MuleSoft integration technology, Slack collaboration software and artificial intelligence capabilities through its Einstein platform.