Salesforce, Inc. (CRM)
| Market Cap | 318.32B |
| Revenue (ttm) | 37.19B |
| Net Income (ttm) | 5.94B |
| Shares Out | 957.00M |
| EPS (ttm) | 6.07 |
| PE Ratio | 54.78 |
| Forward PE | 30.83 |
| Dividend | $1.60 (0.48%) |
| Ex-Dividend Date | Dec 18, 2024 |
| Volume | 7,117,276 |
| Open | 331.25 |
| Previous Close | 326.84 |
| Day's Range | 327.28 - 335.23 |
| 52-Week Range | 212.00 - 369.00 |
| Beta | 1.30 |
| Analysts | Buy |
| Price Target | 374.11 (+12.47%) |
| Earnings Date | Feb 26, 2025 |
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 39 analysts, the average rating for CRM stock is "Buy." The 12-month stock price forecast is $374.11, which is an increase of 12.47% from the latest price.
News
Salesforce CEO Benioff is 'retraining' himself for AI
Salesforce (CRM) is all in on artificial intelligence (AI) agents, unveiling Agentforce 2.0 just months after launching the first Agentforce. CEO Marc Benioff sits down with Yahoo Finance Executive Ed...
Salesforce CEO Marc Benioff: Don't think Microsoft will use OpenAI in the future
Salesforce co-founder, chairman and CEO Marc Benioff joins 'Squawk Box' to discuss the $500 billion Stargate AI project, state of the AI technology race, Microsoft-OpenAI partnership, what to expect i...
Revolutionizing Proprietary Trading with OSYS CRM's New Prop Trading Integration
DUBAI, United Arab Emirates, Jan. 21, 2025 (GLOBE NEWSWIRE) -- OSYS CRM, a pioneering technology firm known for its advanced solutions in customer relationship management, is thrilled to announce a gr...
Salesforce: An Evaluation Amidst The Tech Bubble
Salesforce is transitioning from a growth story to focusing on profitable growth, with rising profit margins offsetting decelerating revenue growth. Despite broader tech euphoria, CRM remains reasonab...
Optimove Launches OptiLive: For the First Time, Sportsbook Operators Can Create CRM-Powered Live Sports Marketing at Scale
OptiLive empowers sportsbooks to maximize in-play (live) sports betting by delivering real-time, personalized messages to millions of players during live sporting events OptiLive empowers sportsbooks ...
Calls of the Day: Robinhood and Salesforce
The Investment Committee debate the latest Calls of the Day on Robinhood and Salesforce.
Options Trades in CRM and AVGO
Markets are up ahead of a long weekend, and tech is behind much of the momentum. Alex Coffey offers example options trades into two names becoming favorites in the A.I.
SCOTUS Bans TikTok, Market's "Exhale of Relief" & CRM A.I. Upgrade
Breaking news on the Supreme Court upholding a TikTok ban interrupts Oliver Renick and Alex Coffey's macro discussion on the markets. It didn't move the needle much on the rally.
CRM Upgrade to Buy, Spotify Cut on "Saturated" Market
Jenny Horne looks at a pair of analyst moves to end the week. TD Cowen upgraded Salesforce (CRM) to Buy from Hold, as shares have reached a "compelling entry point.
Global Pharma & Biotech CRM Software Market To Surpass Valuation of US$ 20.0 Billion by 2033 | Astute Analytica
Rapid advancements in technology and heightened regulatory requirements are propelling growth in the pharma and biotech CRM market, emphasizing the need for integrated, efficient, and compliance-focus...
Salesforce: Market Leader With Huge AI Ambitions
We rate Salesforce stock as a buy due to growing CRM demand, AI integration, productivity improvements, and strong free cash flow generation. Salesforce's market share in CRM remains strong at ~22%, w...
SharkNinja Powers Up Global Customer Service with Agentforce
SAN FRANCISCO & NEEDHAM, Mass.--(BUSINESS WIRE)--Salesforce (NYSE: CRM), the world's #1 AI CRM, today announced that SharkNinja, a global product design and technology company, is implementing Agentfo...
Salesforce Unveils Agentforce for Retail to Boost Productivity with Digital Labor and Retail Cloud to Unite In-Store and Digital Shopping
SAN FRANCISCO--(BUSINESS WIRE)--Salesforce (NYSE: CRM), the world's #1 AI CRM, today unveiled two AI-powered innovations for retailers: Agentforce for Retail and Retail Cloud with Modern POS, helping ...
Salesforce: Dominating The Next AI Wave With Agents
Increasingly capable "reasoning" AI models have a good chance of sparking an AI "agent" revolution. Salesforce is in a great position to capture a large share of the highly lucrative enterprise "agent...
Propel Software Launches ‘Product Spotlight' - Delivering Enriched Product Data Across Salesforce Manufacturing, Sales, and Service Clouds
REDWOOD CITY, Calif.--(BUSINESS WIRE)-- #propelpvm--Propel Software, creator of the first product value management (PVM) platform that transforms how businesses create, sell, and service products, ann...
Moskowitz: By mid-December, Salesforce signed over 1,000 paid deals for AgentForce.
Gregg Moskowitz , Director and Senior Research Analyst at Mizuho, highlights the strong potential of Salesforce's AgentForce suite, which offers autonomous agents for sales, customer support, marketin...
CRM & PANW Downgrades, BA Upgrade
Guggenheim downgraded two big winners in software: Salesforce (CRM) and Palo Alto Networks (PANW). The firm believes Palo Alto has had "several questionable quarters," while Salesforce needs to acquir...
AI-influenced shopping boosts online holiday sales, Salesforce data shows
Artificial intelligence-powered chatbots helped consumers purchase and return products during the 2024 holiday season, boosting online sales in the United States by nearly 4% year-over-year, according...
Holiday Shoppers Spend a Record $1.2T Online, Salesforce Data Shows
SAN FRANCISCO--(BUSINESS WIRE)--Salesforce (NYSE: CRM), the world's #1 AI CRM, today revealed new data showing holiday retail sales surged to a record $1.2 trillion globally and $282 billion in the Un...
Salesforce's AI efforts draw doubts from the stock's newest bear
Salesforce has been seen as an early AI winner, but a Guggenheim analyst worries about how the company and its peers will be able to monetize a technology that nearly everyone is offering.
January Dow Dogs: 1 'Safer' Buy, And 5 With Promise
Verizon Communications is the only Dow Dog meeting the ideal of annual dividends from $1K invested, exceeding the single share price. Analysts forecast 11.36% to 31.73% net gains from the top ten Dow ...
AI still in the '2nd inning' hence bullishness in tech, says Wedbush's Dan Ives
Dan Ives, Wedbush Securities global head of technology research, joins 'Squawk on the Street' to discuss Ives' confidence in his technology picks going into the new year.
From Ford to Suntory to Salesforce: Big hitters on Opening Bid
From Investing 101 to the future of AI and even the billionaire mindset, Opening Bid has brought you key coverage from all angles of the investing world. In this episode, you'll hear from several top ...
Top Wall Street analysts suggest these stocks with attractive upside potential
TipRanks' analyst ranking service highlights three stocks favored by the Street's top pros, including Salesforce and Booking Holdings.