Salesforce
CRM

$262.71

2.41%

Market Cap: 255B

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 6,702 funds

0

Analysts bullish %

of 55 analysts

0

News positive %

of 105 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

88% more first-time investments, than exits

New positions opened: 294 | Existing positions closed: 156

14% more capital invested

Capital invested by funds: $204B [Q4 2023] → $232B (+$27.6B) [Q1 2024]

5% more funds holding

Funds holding: 2,520 [Q4 2023] → 2,658 (+138) [Q1 2024]

9% more repeat investments, than reductions

Existing positions increased: 1,081 | Existing positions reduced: 994

6% less call options, than puts

Call options by funds: $4.91B | Put options by funds: $5.24B

1.11% less ownership

Funds ownership: 80.6% [Q4 2023] → 79.5% (-1.11%) [Q1 2024]

7% less funds holding in top 10

Funds holding in top 10: 139 [Q4 2023] → 129 (-10) [Q1 2024]

See Fund Rankings

Research analyst outlook

55 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$230

12%

downside

Avg. target

$313

19%

upside

High target

$365

39%

upside

55 analyst ratings

39 positive

71%

15 neutral

27%

1 negative

2%

Piper Sandler Brent Bracelin	5%downside $250	Neutral Maintained	12 Jul 2024
Macquarie Frederick Havemeyer	5%upside $275	Outperform Maintained	31 May 2024
Citigroup Tyler Radke	1%downside $260	Neutral Maintained	30 May 2024
Barclays Raimo Lenschow	16%upside $305	Overweight Maintained	30 May 2024
Jefferies Brent Thill	33%upside $350	Buy Maintained	30 May 2024

See Analyst Rankings

Financial journalist opinion

Based on 105 articles about CRM published over the past 30 days

CRM STOCK ALERT: Salesforce, Inc. Investors are Notified that the Company is being Investigated for Securities Fraud – Contact BFA Law if you Lost Money on Your Investment

NEW YORK, NY / ACCESSWIRE / July 26, 2024 / Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Salesforce, Inc. (NYSE:CRM) for potential violations of the federal securities laws. If you invested in Salesforce, you are encouraged to submit your information at https://www.bfalaw.com/cases-investigations/salesforce-inc.

CRM STOCK ALERT: Salesforce, Inc. Investors are Notified that the Company is being Investigated for Securities Fraud – Contact BFA Law if you Lost Money on Your Investment

Get Your Money Out of These 3 Dow Stocks by 2025

This year, Dow stocks have been all over the place, prompting concerns from investors and analysts alike. Unlike the other two major U.S. stock indices, the S&P 500 and Nasdaq, which are up by a considerable percentage this year, the Dow 30 continues to perform inconsistently.

Get Your Money Out of These 3 Dow Stocks by 2025

Salesforce: Data Cloud Defending Market Share And Improved Profitability

Salesforce stocks are currently overvalued but present a positive outlook for future revenue growth and free cash flow generation. Despite recent revenue growth declines, the introduction of Data Cloud is expected to sustain growth rates and maintain market share dominance. With an improved profitability outlook and strong FCFF, Salesforce is positioned to benefit from AI industry developments, but waiting for a stock price correction is advised.

Salesforce: Data Cloud Defending Market Share And Improved Profitability

Salesforce's Stock Is Dirt Cheap

I firmly believe that the recent dip presents a compelling buying opportunity, as Salesforce's rock-solid fundamentals continue to strengthen. Several robust positive factors indicate that the Q1 post-earnings sell-off was merely an emotional overreaction by the market. My valuation analysis suggests that the stock is significantly undervalued, with upside potential ranging from 20% to 66% under various scenarios.

Salesforce's Stock Is Dirt Cheap

Salesforce's Long-Term Trends Signal A Buying Opportunity

Salesforce stock declined 20% in a day after disappointing earnings at the end of May, which seems unjustified. The company continues to provide business-critical software and is poised to benefit from long-term trends as companies continue investing in their data and communication capabilities. The stock trades at multiples below the historical average due to the recent sell-off, and growth opportunities do not seem to be priced in.

Salesforce's Long-Term Trends Signal A Buying Opportunity

CNBC Television

Salesforce CEO Marc Benioff and Workday CEO Carl Eschenbach join Jim Cramer

Salesforce Chair and CEO Marc Benioff and Workday CEO Carl Eschenbach join 'Mad Money' host Jim Cramer to talk their AI partnership.

Salesforce CEO Marc Benioff and Workday CEO Carl Eschenbach join Jim Cramer

CNBC Television

Access to data will create phenomenal AI, says Salesforce CEO Marc Benioff

Salesforce Chair and CEO Marc Benioff and Workday CEO Carl Eschenbach join 'Mad Money' host Jim Cramer to talk their AI partnership.

Access to data will create phenomenal AI, says Salesforce CEO Marc Benioff

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Salesforce, Inc. - CRM

NEW YORK , July 24, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Salesforce, Inc. ("Salesforce" or the "Company") (NYSE: CRM). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Salesforce, Inc. - CRM

Salesforce, Inc. Investors that Lost Money are Alerted of a Securities Fraud Investigation into the Company and are Encouraged to Contact BFA Law

NEW YORK, NY / ACCESSWIRE / July 24, 2024 / Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Salesforce, Inc. (NYSE:CRM) for potential violations of the federal securities laws. If you invested in Salesforce, you are encouraged to submit your information at https://www.bfalaw.com/cases-investigations/salesforce-inc.

Salesforce, Inc. Investors that Lost Money are Alerted of a Securities Fraud Investigation into the Company and are Encouraged to Contact BFA Law

Zacks Investment Research

Here's Why Salesforce.com (CRM) is a Strong Momentum Stock

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Here's Why Salesforce.com (CRM) is a Strong Momentum Stock

See News Rankings