Salesforce (NYSE:CRM – Get Free Report) issued an update on its first quarter 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 2.530-2.550 for the period, compared to the consensus EPS estimate of 2.620. The company issued revenue guidance of $9.7 billion-$9.8 billion, compared to the consensus revenue estimate of $9.9 billion. Salesforce also updated its FY 2026 guidance to 11.090-11.170 EPS.
Salesforce Stock Up 0.4 %
Shares of NYSE:CRM traded up $1.31 during trading on Wednesday, hitting $307.19. The stock had a trading volume of 12,362,826 shares, compared to its average volume of 6,427,824. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.14. Salesforce has a 12 month low of $212.00 and a 12 month high of $369.00. The company has a market capitalization of $293.98 billion, a PE ratio of 50.53, a PEG ratio of 2.58 and a beta of 1.31. The firm’s fifty day moving average is $331.46 and its 200 day moving average is $306.97.
Salesforce (NYSE:CRM – Get Free Report) last announced its quarterly earnings data on Wednesday, February 26th. The CRM provider reported $2.22 EPS for the quarter, missing the consensus estimate of $2.60 by ($0.38). Salesforce had a net margin of 15.96% and a return on equity of 12.34%. Analysts anticipate that Salesforce will post 7.46 EPS for the current fiscal year.
Salesforce Announces Dividend
Analyst Upgrades and Downgrades
A number of analysts have recently commented on the company. Jefferies Financial Group boosted their price target on Salesforce from $400.00 to $425.00 and gave the stock a “buy” rating in a research report on Wednesday, December 4th. Redburn Atlantic began coverage on Salesforce in a research note on Wednesday, February 19th. They issued a “buy” rating on the stock. Oppenheimer reaffirmed an “outperform” rating and issued a $415.00 price target (up previously from $385.00) on shares of Salesforce in a research report on Wednesday, December 4th. Loop Capital cut their price objective on shares of Salesforce from $360.00 to $330.00 and set a “hold” rating on the stock in a research report on Wednesday, February 19th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $400.00 target price on shares of Salesforce in a report on Thursday, February 6th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, thirty-two have given a buy rating and four have assigned a strong buy rating to the stock. Based on data from MarketBeat, Salesforce currently has an average rating of “Moderate Buy” and an average price target of $374.47.
View Our Latest Stock Analysis on Salesforce
Insider Activity at Salesforce
In other Salesforce news, insider Miguel Milano sold 458 shares of the business’s stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $307.97, for a total transaction of $141,050.26. Following the sale, the insider now directly owns 5,864 shares of the company’s stock, valued at $1,805,936.08. The trade was a 7.24 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Sundeep G. Reddy sold 436 shares of the firm’s stock in a transaction that occurred on Thursday, January 23rd. The shares were sold at an average price of $332.28, for a total value of $144,874.08. Following the completion of the sale, the chief accounting officer now directly owns 7,057 shares of the company’s stock, valued at $2,344,899.96. The trade was a 5.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 1,102,572 shares of company stock valued at $381,283,706 over the last 90 days. 3.20% of the stock is owned by corporate insiders.
Salesforce Company Profile
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 artificial intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer support at scale.
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