SalesforceCRM
About: Salesforce provides enterprise cloud computing solutions. The company offers customer relationship management technology that brings companies and customers together. Its Customer 360 platform helps the group to deliver a single source of truth, connecting customer data across systems, apps, and devices to help companies sell, service, market, and conduct commerce. It also offers Service Cloud for customer support, Marketing Cloud for digital marketing campaigns, Commerce Cloud as an e-commerce engine, the Salesforce Platform, which allows enterprises to build applications, and other solutions, such as MuleSoft for data integration.
Employees: 72,682
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
12% more repeat investments, than reductions
Existing positions increased: 1,108 | Existing positions reduced: 989
11% more first-time investments, than exits
New positions opened: 216 | Existing positions closed: 195
1% more funds holding
Funds holding: 2,565 [Q2] → 2,586 (+21) [Q3]
0% more capital invested
Capital invested by funds: $206B [Q2] → $207B (+$484M) [Q3]
1% less call options, than puts
Call options by funds: $5.24B | Put options by funds: $5.3B
2.62% less ownership
Funds ownership: 81.68% [Q2] → 79.07% (-2.62%) [Q3]
5% less funds holding in top 10
Funds holding in top 10: 76 [Q2] → 72 (-4) [Q3]
Research analyst outlook
26 Wall Street Analysts provided 1 year price targets over the past 3 months
26 analyst ratings
Macquarie Steve Koenig 0% 1-year accuracy 0 / 3 met price target | 7%upside $370 | Neutral Maintained | 18 Dec 2024 |
JMP Securities Patrick Walravens 65% 1-year accuracy 70 / 108 met price target | 31%upside $450 | Market Outperform Reiterated | 18 Dec 2024 |
Wedbush Daniel Ives 76% 1-year accuracy 104 / 137 met price target | 23%upside $425 | Outperform Reiterated | 18 Dec 2024 |
Needham Scott Berg 54% 1-year accuracy 80 / 149 met price target | 9%upside $375 | Buy Reiterated | 18 Dec 2024 |
Piper Sandler Brent Bracelin 58% 1-year accuracy 77 / 132 met price target | 18%upside $405 | Overweight Maintained | 18 Dec 2024 |
Financial journalist opinion
Based on 125 articles about CRM published over the past 30 days
