Salesforce, Inc. (CRM)
| Market Cap | 328.87B |
| Revenue (ttm) | 37.19B |
| Net Income (ttm) | 5.94B |
| Shares Out | 957.00M |
| EPS (ttm) | 6.07 |
| PE Ratio | 56.60 |
| Forward PE | 31.85 |
| Dividend | $1.60 (0.47%) |
| Ex-Dividend Date | Dec 18, 2024 |
| Volume | 7,020,020 |
| Open | 332.74 |
| Previous Close | 336.23 |
| Day's Range | 331.14 - 346.45 |
| 52-Week Range | 212.00 - 369.00 |
| Beta | 1.31 |
| Analysts | Buy |
| Price Target | 375.28 (+9.2%) |
| Earnings Date | Dec 3, 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 39 analysts, the average rating for CRM stock is "Buy." The 12-month stock price forecast is $375.28, which is an increase of 9.20% from the latest price.
News
ClearBridge's Frisch: Salesforce Leading in Agentic AI
ClearBridge Senior Research Analyst Hilary Frisch joins Caroline Hyde to discuss tech market trends, how companies like Palantir are benefitting from generative AI, and her outlook for agentic AI in 2...
Salesforce drops Agentforce 2.0, brings reasoning AI to enterprise
Salesforce has unveiled Agentforce 2.0, introducing AI agents with human-like reasoning abilities that can autonomously handle complex business tasks, marking a major push into the emerging 'digital l...
Wall Street Analysts Are Bullish On Salesforce's AI Vision - Here's Why
Wall Street analysts rerated Salesforce, Inc CRM after it announced that a second generation of its Agentforce technology, capable of tackling questions in Salesforce's Slack communications app, will ...
Marc Benioff takes jab at Microsoft: Customers have been 'so disappointed' by Copilot
Marc Benioff, Salesforce CEO, spoke about his company's latest AI product offerings and how they stack up to competition from other tech giants like Microsoft.
Benioff Says There Are No Plans to Sell Time Magazine
Salesforce Inc. Chief Executive Officer Marc Benioff said there is “no deal on the table” to sell Time, the publication he has owned since 2018. He also talked about Time naming President-elect Donald...
Salesforce Unveils Agentforce 2.0. Wall Street Cheers Its AI Progress.
Salesforce will hire 2,000 people to sell the the company's AI software.
Salesforce CEO Marc Benioff: We're seeing the future of work with Agentforce 2.0
Marc Benioff, CEO of Salesforce, joins CNBC's Sara Eisen to discuss Salesforce's new AI feature Agentforce 2.0, how the feature is used, and more.
Pipeliner CRM Celebrates Banner Year
LOS ANGELES--(BUSINESS WIRE)--Pipeliner CRM, the leading sales enablement tool and CRM software, announces its top achievements of 2024, led by unprecedented growth, industry-leading AI integrations a...
Salesforce closes 1,000 paid 'Agentforce' deals, looks to robot future
Salesforce has closed more than 1,000 paid deals for "Agentforce," its platform for creating virtual representatives powered by artificial intelligence, its CEO Marc Benioff said on Tuesday.
Salesforce plans to hire 2,000 people to sell its AI products
Cloud software giant Salesforce looks to hire thousands of new sales people to sell its AI tools to customers.
Salesforce will hire 2,000 people to sell AI products, CEO Marc Benioff says
Salesforce will bring on 2,000 more salespeople specializing in artificial intelligence, CEO Marc Benioff said at an event in San Francisco on Tuesday. The second generation of Salesforce's AI agent s...
Introducing Agentforce 2.0: The Digital Labor Platform for Building a Limitless Workforce
SAN FRANCISCO--(BUSINESS WIRE)--Salesforce (NYSE: CRM), the world's #1 AI CRM, today announced Agentforce 2.0: the newest version of Agentforce, the first digital labor platform for enterprises — a co...
Agentforce Brings Vivint Customer Service Teams 24/7 Support
SAN FRANCISCO & PROVO, Utah--(BUSINESS WIRE)--Salesforce (NYSE: CRM), the #1 AI CRM, today announced that Vivint, an NRG company and leading provider of smart home and security solutions, is leveragin...
The Adecco Group Scales Recruitment, Accelerating AI Integration with Salesforce
SAN FRANCISCO--(BUSINESS WIRE)--Salesforce (NYSE: CRM), the #1 AI CRM, today announced an expanded collaboration with the Adecco Group (SIX: ADEN), the world's leading talent company, to reimagine rec...
Best Way To Invest $100,000: Build An 8-Stock Portfolio For Growth And Value
Concentrate on a select few high-conviction stocks across different sectors to avoid "diworsification" and maximize returns, inspired by Charlie Munger and Warren Buffett. Utilize Joel Greenblatt's "M...
COST Falters After Earnings, CRM Upgrade
Costco (COST) fades from overnight highs following the wholesale retailer's 1Q earnings report. COST reported a top-and-bottom line earnings beat, with comp.
Salesforce's AI Suite Makes for a Convincing Story, Analysts Say, While Risks Emerge at ServiceNow
Analysts say government spending cuts and heightened competition will put strain on ServiceNow.
Salesforce, Inc. (CRM) Barclays 22nd Annual Global Technology Conference (Transcript)
Salesforce, Inc. (NYSE:CRM) Barclays 22nd Annual Global Technology Conference December 12, 2024 3:10 PM ET Company Participants Brian Millham - President and Chief Operating Officer Conference Call P...
Salesforce Becoming a Force in AI
The Salesforce, Inc. (CRM) platform is allowing users to deploy AI at scale and bringing in Big Money invesetment.
Salesforce vs. Oracle Stock
Given its better valuation, we believe that Salesforce stock (NYSE: CRM) is currently a better pick over its peer, Oracle stock. CRM stock trades at 9.5x trailing revenues, versus 9.8x for ORCL.
Salesforce CEO Marc Benioff on the "AI Labor Force," AI Bubble Risks, & Tech in the New Government
In this episode, Salesforce founder and CEO Marc Benioff sits down with Ann Berry to discuss the company's growing Agentforce product, valuations in the AI sector today and Salesforce's track record i...
CRM & PLTR "Killing It" in S&P 493, AMZN & TSLA Mag 7 Favorites
Andrew Graham says the growth gap between the Mag 7 and the rest of the S&P 500 has narrowed. However, he notes Amazon (AMZN) and Tesla (TSLA) as giants investors should watch.
Salesforce Is Fairly Valued Now (Rating Downgrade)
Salesforce shares surged 11% after beating Q3 top line estimates, driven by strong AI adoption. The company is seeing real momentum in terms of Agentforce adoption, which is a key AI product for the C...
The Score: Intel, Salesforce, American Airlines and More Stocks That Defined the Week
Here are some of the major companies whose stocks moved on the week's news.
Salesforce: What 2024 Taught Us About Market Expectations
Salesforce's share price reaction to the most recent earnings release might seem surprising, but there is a good reason why the stock skyrocketed. The company's ability to grow organically would be in...