Salesforce
CRM

$243.97

0.87%

Market Cap: $233B

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

Information Technology Prepackaged Software

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 29 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

29% more repeat investments, than reductions

Existing positions increased: 1,201 | Existing positions reduced: 931

1% less call options, than puts

Call options by funds: $5.36B | Put options by funds: $5.39B

1.97% less ownership

Funds ownership: 81.6% [Q1] → 79.63% (-1.97%) [Q2]

6% less funds holding

Funds holding: 2,688 [Q1] → 2,533 (-155) [Q2]

15% less capital invested

Capital invested by funds: $238B [Q1] → $201B (-$36.8B) [Q2]

42% less funds holding in top 10

Funds holding in top 10: 130 [Q1] → 76 (-54) [Q2]

47% less first-time investments, than exits

New positions opened: 173 | Existing positions closed: 328

See Fund Rankings

Research analyst outlook

29 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$236

3%

downside

Avg. target

$304

24%

upside

High target

$350

43%

upside

29 analyst ratings

21 positive

72%

8 neutral

28%

0 negative

0%

B of A Securities Brad Sills 54% 1-year accuracy 15 / 28 met price target	33%upside $325	Buy Maintained	6 Sept 2024
Needham Scott Berg 33% 1-year accuracy 46 / 140 met price target	41%upside $345	Buy Reiterated	6 Sept 2024
Phillip Securities Ambrish Shah 0% 1-year accuracy 0 / 1 met price target	25%upside $305	Accumulate Downgraded	30 Aug 2024
Truist Securities Terry Tillman 65% 1-year accuracy 28 / 43 met price target	23%upside $300	Buy Reiterated	30 Aug 2024
Bernstein Mark Moerdler 70% 1-year accuracy 7 / 10 met price target	3%downside $236	Outperform Maintained	29 Aug 2024

See Analyst Rankings

Financial journalist opinion

Based on 124 articles about CRM published over the past 30 days

Salesforce: You'll Regret Not Picking Up This 22x P/E Bargain

Salesforce has recovered from a May selloff, showing robust sales and profit growth, and closed its stock chart gap, a bullish indicator. The company is undervalued at 22x leading profits, with strong growth prospects, share repurchases, and a new AI acquisition to boost future growth. Salesforce's 2Q25 earnings were strong, with operating income up 21% YoY, and the company raised its profit guidance for the current fiscal year.

Salesforce: You'll Regret Not Picking Up This 22x P/E Bargain

Buy 3 September Dogs Of The Dow; Watch 6

"The Dow® [adds a stock] if the company has an excellent reputation, demonstrates sustained growth, and is of interest to a large number of investors

Buy 3 September Dogs Of The Dow; Watch 6

Daily Dividend Report: Salesforce, Brady, META, Abbvie, UTZ Brands

Salesforce today announced that its board of directors declared a quarterly cash dividend of $0.40 per share. The dividend is payable October 8, 2024, to stockholders of record on September 18, 2024.

Daily Dividend Report: Salesforce, Brady, META, Abbvie, UTZ Brands

Salesforce Buys Own for $1.9B To Boost Data Security Portfolio

Salesforce (CRM) is expanding its reach into data security by purchasing startup Own for $1.9 billion in cash.

Salesforce Buys Own for $1.9B To Boost Data Security Portfolio

3 Stocks to Watch as Firms Cut Costs Ahead of Potential Recession

Investors today are worried about a potential recession in the United States economy, considering some slowing indicators such as inflation and employment. Today, more than ever, the two camps are divided and cannot agree on a direction.

3 Stocks to Watch as Firms Cut Costs Ahead of Potential Recession

Why Salesforce Stock Looks Quite Undervalued

Salesforce stock (NYSE: CRM) has lost 6% YTD, as compared to the 16% rise in the S&P 500 over the same period. Overall, at its current price of $248 per share, it is trading roughly 20% below its fair value of $307 – Trefis' estimate for Salesforce's valuation.

Why Salesforce Stock Looks Quite Undervalued

ATTENTION CRM SHAREHOLDERS: Investors who Lost Money on Salesforce, Inc. are Urged to Contact Levi & Korsinsky About an Ongoing Investigation

NEW YORK, NY / ACCESSWIRE / September 6, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Salesforce, Inc. ("Salesforce") (NYSE:CRM) concerning possible violations of federal securities laws. On May 29, 2024, Salesforce reported its fiscal Q1 2025 financial results.

ATTENTION CRM SHAREHOLDERS: Investors who Lost Money on Salesforce, Inc. are Urged to Contact Levi & Korsinsky About an Ongoing Investigation

Salesforce to buy data-security startup Own for $1.9 billion

Salesforce on Thursday announced a deal to acquire cloud startup Own Co. for about $1.9 billion in cash.

Salesforce to buy data-security startup Own for $1.9 billion

Salesforce to acquire startup Own for $1.9 billion in cash

Salesforce said acquiring Own would not impact shareholder return initiatives and would be accretive to free cash flow starting in the second year after deal close. Own supports backups for Microsoft's Dynamics software, along with Salesforce and ServiceNow.

Salesforce to acquire startup Own for $1.9 billion in cash

Salesforce acquires data management firm Own for $1.9B in cash

Salesforce has acquired Own, a provider of data management and protection solutions, for $1.9 billion in cash.

Salesforce acquires data management firm Own for $1.9B in cash

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