Salesforce, Inc. (CRM)
| Market Cap | 277.15B |
| Revenue (ttm) | 34.86B |
| Net Income (ttm) | 4.14B |
| Shares Out | 970.28M |
| EPS (ttm) | 4.20 |
| PE Ratio | 68.00 |
| Forward PE | 29.99 |
| Dividend | $1.60 (0.56%) |
| Ex-Dividend Date | Mar 13, 2024 |
| Volume | 2,467,438 |
| Open | 287.04 |
| Previous Close | 284.68 |
| Day's Range | 284.26 - 287.34 |
| 52-Week Range | 193.68 - 318.71 |
| Beta | 1.30 |
| Analysts | Buy |
| Price Target | 305.74 (+7.05%) |
| Earnings Date | May 29, 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 artificial intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer support at scale. In addition, its platform offering comprise a flexible platform that enables companies of various sizes... [Read more]
Financial Performance
In 2023, Salesforce's revenue was $34.86 billion, an increase of 11.18% compared to the previous year's $31.35 billion. Earnings were $4.14 billion, an increase of 1888.46%.
Financial StatementsAnalyst Forecast
According to 33 analysts, the average rating for CRM stock is "Buy." The 12-month stock price forecast is $305.74, which is an increase of 7.05% from the latest price.
News
Happiest Minds partners with Solvio to provide Next-Gen Salesforce Solutions
BENGALURU, India and SAN JOSE, Calif. and LONDON , May 16, 2024 /PRNewswire/ -- Happiest Minds Technologies Limited (NSE: HAPPSTMNDS), a 'Born Digital.
Loop Brings its Best-In-Class Returns Management Software to Salesforce Commerce Cloud
LONDON--(BUSINESS WIRE)--Loop Returns announced it now supports merchants on Salesforce Commerce Cloud, expanding its footprint beyond Shopify's ecosystem.
NTT DATA to Provide Digital Transformation Services for Salesforce
PLANO, Texas--(BUSINESS WIRE)--NTT DATA, a digital business and IT services leader, has been selected by Salesforce, the #1 AI CRM, to help standardize and streamline the company's application environ...
Salesforce Announces Timing of its First Quarter Fiscal 2025 Results Conference Call
SAN FRANCISCO--(BUSINESS WIRE)--Salesforce Announces Timing of its First Quarter Fiscal 2025 Results Conference Call.
National College and Career Pathways Initiative Launch Expands to 14 States with a New Investment from Salesforce
Launch: Equitable & Accelerated Pathways for All welcomes site teams from Maryland, Massachusetts, and Virginia with the support of Salesforce. SILVER SPRING, Md.
Nylas Introduces its Nylas Email for Salesforce Package
PALO ALTO, Calif.--(BUSINESS WIRE)--Nylas, the state-of-the-art communications platform giving developers universal access to email, calendar, and contacts providers through a single API integration, ...
Inclusively and Salesforce Expand Partnership to Deepen Accessibility Resources and Support
NEW ORLEANS--(BUSINESS WIRE)--Inclusively, a leading workforce inclusion platform and Salesforce, the #1 AI CRM, expanded their partnership today to deepen Salesforce's accessibility resources and sup...
Salesforce bets even bigger on artificial intelligence
Salesforce AI CEO Clara Shih discusses the company's latest investments in AI.
Salesforce Unveils Zero Copy Partner Network, an Ecosystem Committed to Secure, Bidirectional Zero Copy Integration with Salesforce Data Cloud
SAN FRANCISCO--(BUSINESS WIRE)--Salesforce (NYSE: CRM) today announced the Salesforce Zero Copy Partner Network, a global ecosystem of technology and solution providers building secure, bidirectional ...
Bison Call? Hear What One Analyst Says About Salesforce
Bullish, Bearish, Bison-ish. Yep, one analyst has a Bison call on Salesforce.
Informatica Stock Tumbles After Ending Speculation About Salesforce Buyout
Data management company Informatica (INFA) is officially off the market, it said Monday, after negotiations with Salesforce (CRM) reportedly fell apart.
Salesforce (CRM) Backs Out of Informatica Deal
Salesforce (CRM) is reportedly backing out of the deal for Informatica. Renita Young discusses this as the deal was valued at $10B and would have been Salesforce's largest acquisition since 2021.
Informatica makes a point to say it's not for sale – to Salesforce or anyone else
Nothing gets us going like a big M&A rumor, and history has shown where there's smoke there has often been fire, but that's not always the case. Last week the big rumor involved Salesforce acquiring I...
Report: Salesforce-Informatica Deal Falls Apart
Salesforce's plans to purchase data-management software provider Informatica have reportedly stalled. While the two sides were apparently in advanced talks for a deal earlier this month, the companies...
Informatica says it's not for sale, following Salesforce's reported interest in $10 billion deal
Informatica said Monday it was not currently in talks to sell itself, pouring cold water on reports that Salesforce was discussing a roughly $10 billion deal.
IHG Hotels & Resorts Aims to Boost Guest Loyalty with Salesforce
SAN FRANCISCO & WINDSOR, England--(BUSINESS WIRE)--Today, Salesforce (NYSE: CRM), the #1 AI CRM, announced an expanded relationship with IHG Hotels & Resorts (NYSE: IHG, LON: IHG), one of the world's ...
Meta, Microsoft, Salesforce, Coinbase, Palantir, and Other Tech Stocks in Focus Today
The technology-heavy Nasdaq Composite rises following its worst week since November 2022.
Salesforce Stock Jumps After Informatica Talks Cool. Why the Market Is Rejoicing.
Investors weren't too keen on the deal as shares of both Salesforce and Informatica fell sharply after the talks were first reported earlier this month.
Salesforce, Informatica reportedly can't agree to deal terms
Salesforce Inc.'s bid to buy Informatica Inc. has sputtered after neither company could agree to terms, the Wall Street Journal reported Sunday night.
Salesforce's Talks to Buy Informatica Fizzle
The deal for the data-management software firm would have ranked among Salesforce's largest.
Salesforce's talks to buy Informatica fizzle, WSJ reports
Talks between customer relations software maker Salesforce and data-management software firm Informatica have failed after the companies could not agree on terms, the Wall Street Journal reported on S...
Wall Street doesn't seem too keen on a potential Salesforce-Informatica pairing
Amid rumors that Salesforce is interested in buying Informatica, investors aren't taking kindly to the potential pairing.
Salesforce merger is a bad idea, says Informatica co-founder
A rumored pairing of Salesforce Inc. and Informatica Inc. is a bad match, insists one of Informatica's co-founders.
Down 7.3% In A Day, Where Is Salesforce Stock Headed?
Salesforce stock (NYSE: CRM) has gained 4% YTD, as compared to the 6% rise in the S&P500 over the same period. That said, the stock price plummeted 7.3% yesterday, April 15th, vs a 1.2% rise in the br...
How Salesforce's potential Informatica deal is an unwelcome flashback to its old ways
Wall Street did not react well to reports that Salesforce Inc. might buy Informatica, as investors were reminded of its mixed track record at acquisitions.