Salesforce, Inc. (CRM)

NYSE: CRM · IEX Real-Time Price · USD
263.14
-2.44 (-0.92%)
At close: Dec 29, 2023, 4:00 PM
262.66
-0.48 (-0.18%)
After-hours: Dec 29, 2023, 7:59 PM EST
-0.92%
Market Cap 254.72B
Revenue (ttm) 33.95B
Net Income (ttm) 2.59B
Shares Out 968.00M
EPS (ttm) 2.63
PE Ratio 100.05
Forward PE 29.29
Dividend n/a
Ex-Dividend Date n/a
Volume 3,618,760
Open 265.01
Previous Close 265.58
Day's Range 262.66 - 265.65
52-Week Range 130.36 - 268.36
Beta 1.24
Analysts Buy
Price Target 257.19 (-2.26%)
Earnings Date Feb 28, 2024

About CRM

Salesforce, Inc. provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company's service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and relationship intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer service and support at scale. In addition, its platform offering comprise a flexible platform that enables companies of... [Read more]

Sector Technology
IPO Date Jun 23, 2004
Employees 79,390
Stock Exchange NYSE
Ticker Symbol CRM
Full Company Profile

Financial Performance

In 2022, Salesforce's revenue was $31.35 billion, an increase of 18.35% compared to the previous year's $26.49 billion. Earnings were $208.00 million, a decrease of -85.60%.

Financial Statements

Analyst Forecast

According to 37 analysts, the average rating for CRM stock is "Buy." The 12-month stock price forecast is $257.19, which is a decrease of -2.26% from the latest price.

Price Target
$257.19
(-2.26% downside)
Analyst Consensus: Buy
Stock Forecasts

News

3-Stock Lunch: CRM, DG & Gold

Boris Schlossberg, BK Asset Management managing director, joins 'Power Lunch' to discuss three stocks: Salesforce, Dollar General and Gold.

2 days ago - CNBC Television

Here's why Wolfe's Alex Zukin is bullish on Salesforce in 2024

Alex Zukin, Wolfe Research analyst, joins 'Squawk on the Street' to discuss his top picks in the software sector and the outlook for software in 2024.

2 days ago - CNBC Television

These 20 stocks soared the most in 2023

The 2023 rally for stocks in the U.S. accelerated as more investors bought the idea that the Federal Reserve succeeded in its effort to bring inflation to heel.

2 days ago - Market Watch

If you buy the dogs, should you sell these Dow leaders?

The Dogs of the Dow is a popular strategy getting much attention now that the year-end is here. The theory assumes that this year's losers will be next year's winners, which is often true.

Other symbols: AAPLINTCMSFT
3 days ago - MarketBeat

2 Tech stocks getting bullish upgrades ahead of Q1

There's no doubt about it: equities have had a super strong end to the year, with the Dow Jones index already at fresh all-time highs and the others on its heels. The benchmark S&P 500 index, for exam...

Other symbols: FROG
3 days ago - MarketBeat

Get ready to ring in the New Year with these upgrades

Salesforce.com Inc. NYSE: CRM, Zscaler Inc. NASDAQ: ZS and Workday Inc. NASDAQ: WDAY are all supported by secular trends that should sustain their growth, aided by AI.

Other symbols: WDAYZS
9 days ago - MarketBeat

Salesforce stock outlook: Morgan Stanley sees a 35% upside

Salesforce Inc (NYSE: CRM) has about doubled in 2023 but a Morgan Stanley analyst is convinced that it's not out of juice just yet.

10 days ago - Invezz

Salesforce Expands Partnership With Cloud Banking Firm nCino

Cloud banking firm nCino has expanded its 12-year-old collaboration with Salesforce. “Our strategic partnership with Salesforce has enabled nCino to transform the financial services industry by provid...

Other symbols: NCNO
10 days ago - PYMNTS

Salesforce AI app behind Morgan Stanley's upgrade

Morgan Stanley (MS) upgraded Salesforce (CRM) to ""overweight"" and gave the company a $350 price target. The Morgan Stanley analyst expects Salesforce's AI app to increase data cloud demand in the se...

10 days ago - Yahoo Finance

Salesforce Acquires Spiff to Improve Compensation Planning

Salesforce is set to acquire incentive compensation management software Spiff. The deal, announced Tuesday (Dec. 19), will make Spiff part of Salesforce's Sales Cloud to improve the company's sales pe...

12 days ago - PYMNTS

LinkSquares Announces LinkSquares Finalize – Contract Lifecycle Management (CLM) for Salesforce on Salesforce AppExchange

BOSTON--(BUSINESS WIRE)--LinkSquares today announced it has launched LinkSquares Finalize on Salesforce AppExchange, a leading enterprise marketplace for partner apps and experts, empowering customers...

12 days ago - Business Wire

Salesforce acquires automated commission management platform Spiff

Salesforce has announced plans to acquire Spiff, a platform that automates commission management for sales teams. Terms of the deal were not disclosed.

12 days ago - TechCrunch

Stop Trading: Salesforce

CNBC's Jim Cramer delivers his daily segment, Stop Trading.

13 days ago - CNBC Television

Rootstock Software to Highlight ERP Success at Salesforce Manufacturing Summit in Atlanta

SAN RAMON, Calif.--(BUSINESS WIRE)-- #CloudERP--Rootstock Software will highlight ERP Cloud success at Salesforce Manufacturing Summit in Atlanta.

13 days ago - Business Wire

Salesforce CMO (Former), Dr. Geeta Nayyar, MD Joins MDI Health

LOS ANGELES--(BUSINESS WIRE)-- #AIpharmacy--Dr. Geeta Nayyar, former CMO of Salesforce, joins AI pharmacy company MDI Health.

17 days ago - Business Wire

These Stocks Have Gained The Most During Stock Market's Record Rally

The stock market's nearly two-month-long rally culminated this week with the Dow Jones Industrial Average hitting an all-time high, officially erasing all the losses associated with the spike in inter...

Other symbols: BAGSHDINTC
17 days ago - Forbes

New Vector Database in Salesforce Data Cloud Will Power AI, Analytics, and Automation Using LLMs with Business Data for Use Across the Einstein 1 Platform

SAN FRANCISCO--(BUSINESS WIRE)--Salesforce (NYSE: CRM) today announced significant updates to its Einstein 1 Platform, adding the Data Cloud Vector Database and Einstein Copilot Search. Accurate and r...

17 days ago - Business Wire

ADP Reimagines the Human Capital Management Client Experience with Salesforce Generative AI

SAN FRANCISCO & ROSELAND, N.J.--(BUSINESS WIRE)--Today, Salesforce (NYSE: CRM), the #1 AI CRM, and ADP (Nasdaq: ADP), a leading global technology company providing human capital management (HCM) solut...

Other symbols: ADP
19 days ago - Business Wire

Join Kantata at the Salesforce World Tour New York City on 12/14

IRVINE, Calif. & LONDON--(BUSINESS WIRE)--Kantata, the leading global supplier of purpose-built technology for professional services, will showcase its Professional Services Cloud at the Salesforce Wo...

19 days ago - Business Wire

3 customer engagement stocks you need to watch

The customer is always right when it comes to the bottom line. The key to any growing business is keeping customers happy and coming back for more.

Other symbols: BRZEVRNT
19 days ago - MarketBeat

Top Wall Street analysts are confident about these 3 promising stocks

TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Salesforce and Microsoft.

Other symbols: MSFTSQ
21 days ago - CNBC

COP28: Salesforce executive on using AI to tackle climate change and sustainability

CNBC's Diana Olick speaks with Tim Christophersen, Salesforce Vice President of Climate Change, about using AI for sustainability campaigns.

23 days ago - CNBC Television

AutogenAI CEO Sean Williams on multi-million dollar investment from Salesforce

Sean Williams, Founder and CEO of AutogenAI, discusses his company's multi-million dollar investment from Salesforce and the outlook for growth opportunities.

23 days ago - CNBC Television

OpenAI Rival Mistral Nears $2 Billion Value; Gains Nvidia, Salesforce Backing

Bloomberg has learned that Mistral AI is in the final stages of raising almost $500 million from investors including Nvidia Corp. and Salesforce Inc. The funding round values the OpenAI rival at about...

Other symbols: NVDA
27 days ago - Bloomberg Markets and Finance

Stocks This Week: Following Up On Palo Alto Networks And Salesforce

The stock market is headed higher in December. Palo Alto Networks and Salesforce have been strong and will likely remain so into yearend and the first quarter.

Other symbols: PANW
27 days ago - Forbes