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 Q4 regulatory filings by fund managers ($100M+ AUM)
506% more first-time investments, than exits
New positions opened: 515 | Existing positions closed: 85
71% more funds holding in top 10
Funds holding in top 10: 72 [Q3] → 123 (+51) [Q4]
23% more capital invested
Capital invested by funds: $211B [Q3] → $259B (+$48.3B) [Q4]
16% more repeat investments, than reductions
Existing positions increased: 1,131 | Existing positions reduced: 977
12% more funds holding
Funds holding: 2,600 [Q3] → 2,899 (+299) [Q4]
0.27% less ownership
Funds ownership: 80.62% [Q3] → 80.35% (-0.27%) [Q4]
1% less call options, than puts
Call options by funds: $7.11B | Put options by funds: $7.15B
Research analyst outlook
26 Wall Street Analysts provided 1 year price targets over the past 3 months
26 analyst ratings
BMO Capital Keith Bachman 79% 1-year accuracy 42 / 53 met price target | 21%upside $375 | Outperform Maintained | 21 Feb 2025 |
Loop Capital Yun Kim 50% 1-year accuracy 6 / 12 met price target | 7%upside $330 | Hold Maintained | 19 Feb 2025 |
Needham Scott Berg 59% 1-year accuracy 96 / 162 met price target | 29%upside $400 | Buy Reiterated | 10 Feb 2025 |
TD Cowen J. Derrick Wood 93% 1-year accuracy 14 / 15 met price target | 29%upside $400 | Buy Upgraded | 17 Jan 2025 |
Guggenheim John Difucci 53% 1-year accuracy 17 / 32 met price target | 20%downside $247 | Sell Downgraded | 6 Jan 2025 |
Financial journalist opinion
Based on 55 articles about CRM published over the past 30 days
