Salesforce, Inc. (CRM)
| Market Cap | 267.90B |
| Revenue (ttm) | 34.86B |
| Net Income (ttm) | 4.14B |
| Shares Out | 970.00M |
| EPS (ttm) | 4.20 |
| PE Ratio | 65.76 |
| Forward PE | 29.00 |
| Dividend | $1.60 (0.58%) |
| Ex-Dividend Date | Mar 13, 2024 |
| Volume | 3,930,487 |
| Open | 278.00 |
| Previous Close | 276.68 |
| Day's Range | 274.11 - 278.94 |
| 52-Week Range | 190.57 - 318.71 |
| Beta | 1.28 |
| Analysts | Buy |
| Price Target | 305.74 (+10.7%) |
| 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 10.70% from the latest price.
News
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.
S&P 500 Gains and Losses Today: Salesforce Slips Amid Informatica Acquisition Talks
After trading higher at the beginning of Monday's session, major U.S. equities indexes changed course to post losses for the day.
Three Stock Lunch: Alphabet, Disney and Salesforce
Quint Tatro, Joule Financial founder and president, joins 'Power Lunch' to discuss Tatro's investing take on three stocks: Alphabet, Disney and Salesforce.
Committee stocks on the move: Salesforce, Cisco, Constellation, Coupang, Intel and Rollins
The Investment Committee discuss their stocks that are on the move.
Salesforce drops after reports it is in talks to acquire Informatica
Salesforce stock fell 5% Monday after reports over the weekend that the cloud software company is in advanced talks to buy data-management firm Informatica.
Salesforce could buy Informatica: good news for INFA, bad for CRM
Salesforce (NYSE: CRM) and Informatica (NYSE: INFA) stock prices crashed on Monday as traders reflected on the recent M&A rumours. INFA shares retreated by over 3.65% while CRM retreated by almost 4%.
Salesforce, Amazon, Meta, AMD, and Other Tech Stocks in Focus Today
Tech stocks were in rebound mode early Monday on investor relief that the conflict between Iran and Israel has not yet escalated further.
Salesforce's stock drops after report of talks to buy Informatica
Shares of Salesforce Inc. slumped Monday, as a report that the business software giant was in advanced talks to buy data-management-software company Informatica Inc., valued at more than $11 billion, ...
Salesforce Stock in Focus After Reports Company in Advanced Talks to Acquire Informatica
Shares in Salesforce (CRM) will be in focus Monday after a report late Friday that the customer relationship management software maker is in advanced discussions to acquire data-management software pr...
Report: Salesforce Looks to Acquire Informatica
Salesforce is reportedly in advanced negotiations to purchase data-management software provider Informatica. The talks were the subject of a Friday (April 12) Wall Street Journal (WSJ) report, citing ...