Salesforce (CRM)

• Market cap: $254B
• 1 day: 5.68%
• 5 days: 5.98%
• 1 month: -7.43%
• 3 months: -20.72%
• 6 months: -7.69%
• Year to date: -19.95%
• 1 year: -4.16%
• 5 years: 71.91%
• 10 years: 290.24%
• Sector: Technology
• Industry: Software - Application

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: 76,453

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

534% more first-time investments, than exits

New positions opened: 552 | Existing positions closed: 87

75% more funds holding in top 10

Funds holding in top 10: 72 [Q3] → 126 (+54) [Q4]

27% more capital invested

Capital invested by funds: $205B [Q3] → $260B (+$54.8B) [Q4]

17% more repeat investments, than reductions

Existing positions increased: 1,177 | Existing positions reduced: 1,009

16% more funds holding

Funds holding: 2,610 [Q3] → 3,019 (+409) [Q4]

2.2% more ownership

Funds ownership: 78.46% [Q3] → 80.66% (+2.2%) [Q4]

1% less call options, than puts

Call options by funds: $7.3B | Put options by funds: $7.36B

Research analyst outlook

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

• Low target: $200 24% downside
• Avg. target: $354 34% upside
• High target: $450 70% upside

17 analyst ratings

• positive: 12 71%
• neutral: 4 24%
• negative: 1 6%

Needham Scott Berg 12% 1-year accuracy 19 / 159 met price target	51% upside $400	Buy Reiterated	25 Apr 2025
Piper Sandler Brent Bracelin 16% 1-year accuracy 20 / 125 met price target	19% upside $315	Overweight Maintained	23 Apr 2025
Wells Fargo Michael Turrin 35% 1-year accuracy 35 / 100 met price target	4% downside $255	Equal-Weight Maintained	22 Apr 2025
DA Davidson Gil Luria 13% 1-year accuracy 7 / 53 met price target	24% downside $200	Underperform Downgraded	21 Apr 2025
Morgan Stanley	48% upside $393	Overweight Maintained	16 Apr 2025