Salesforce, Inc. (CRM)

NYSE: CRM · IEX Real-Time Price · USD
301.18
-0.20 (-0.07%)
At close: Mar 28, 2024, 4:00 PM
300.19
-0.99 (-0.33%)
After-hours: Mar 28, 2024, 7:59 PM EDT
-0.07%
Market Cap 292.34B
Revenue (ttm) 34.86B
Net Income (ttm) 4.14B
Shares Out 970.00M
EPS (ttm) 4.20
PE Ratio 71.71
Forward PE 31.62
Dividend $1.60 (0.53%)
Ex-Dividend Date Mar 13, 2024
Volume 4,876,081
Open 300.00
Previous Close 301.38
Day's Range 299.64 - 302.81
52-Week Range 187.31 - 318.71
Beta 1.28
Analysts Buy
Price Target 301.50 (+0.11%)
Earnings Date Feb 28, 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]

Sector Technology
IPO Date Jun 23, 2004
Employees 72,682
Stock Exchange NYSE
Ticker Symbol CRM
Full Company Profile

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 Statements

Analyst Forecast

According to 33 analysts, the average rating for CRM stock is "Buy." The 12-month stock price forecast is $301.5, which is an increase of 0.11% from the latest price.

Price Target
$301.5
(0.11% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Nucleus Research Releases 2024 Salesforce Automation Technology Value Matrix

MIAMI--(BUSINESS WIRE)-- #ROI--With the increasing maturity of broader CRM technologies, Salesforce Automation (SFA) tools have become more significant in their role of streamlining and enhancing the ...

2 days ago - Business Wire

Salesforce looks to reinvent itself again with its fledgling AI business

Salesforce Inc. helped usher in the software-as-a-service and cloud eras. Can it pull off a trifecta with generative AI?

3 days ago - Market Watch

Salesforce Grants Equity Awards to Spiff Employees Under Its Inducement Equity Incentive Plan

SAN FRANCISCO--(BUSINESS WIRE)--Salesforce (NYSE: CRM), the #1 AI CRM, today announced it has granted equity awards under its 2014 Inducement Equity Incentive Plan (the "Plan") to new employees who jo...

6 days ago - Business Wire

New Dividend Stocks: Can Meta and Salesforce Help Revive the Classic Strategy?

Also, Morningstar forecasts five interest rate cuts in 2024, and why Adobe's outlook is slightly disappointing. David Harrell, editor of Morningstar DividendInvestor newsletter, explains why some inco...

Other symbols: META
7 days ago - Morningstar

Salesforce's AI chief on building AI responsibly

Clara Shih, CEO of Salesforce AI, joins TechCheck's Deirdre Bosa to discuss the importance of data privacy and trust when building AI, tech layoffs and the efficiency drive, how AI can upskill workers...

7 days ago - CNBC Television

parcelLab Announces parcelLab Order Tracking for Salesforce on Salesforce AppExchange

BOSTON--(BUSINESS WIRE)--parcelLab today announced it has launched Order Tracking for Salesforce Service Cloud on Salesforce AppExchange, a leading enterprise marketplace for partner apps and experts,...

8 days ago - Business Wire

These older tech companies are playing catch-up in genAI

The news hit like a thunderbolt across the artificial-intelligence landscape: Apple Inc. and Alphabet Inc.'s Google are in discussions to bring the latter's Gemini AI tools to iPhone software.

10 days ago - Market Watch

AI talk is surging during company earnings calls — and so are those companies' shares

Company executives in the fourth quarter produced the second-highest amount of talk about artificial intelligence for any quarter in at least a decade, according to a tally from FactSet.

12 days ago - Market Watch

Together AI valued at $1.25 bln in Salesforce-led funding round

Nvidia-backed Together AI has raised $106 million at a valuation of $1.25 billion in a new funding round led by Salesforce Ventures, the generative artificial intelligence (AI) startup said on Wednesd...

15 days ago - Reuters

Aria Systems Launches Aria Billing Studio to Optimize Billing Management and AI Capabilities Within Salesforce

SAN FRANCISCO--(BUSINESS WIRE)--Aria Systems, the leader in empowering enterprises to accelerate subscription and usage-based revenue growth, today announces the launch of Aria Billing Studio, a suite...

15 days ago - Business Wire

No more free lunches: How laid-off tech workers are surviving a tight job market

Carmen Kiew has some encouraging words for her fellow tech workers, despite the constant toll of layoffs from which no one seems to be safe.

16 days ago - Market Watch

Nespon Solutions completed its acquisition of Cloudblue Services S.A.S, an industry focused Salesforce consultancy in Colombia

DALLAS & BOGOTA, Colombia--(BUSINESS WIRE)-- #latamgrowth--Texas-based Nespon Solutions has acquired Latin American Cloudblue Services. As a result, Nespon Solutions will gain capabilities in Salesfor...

17 days ago - Business Wire

Salesforce's behind-the-scenes co-founder is tackling Slack as software company turns 25

As the lesser-known co-founder of Salesforce, Parker Harris has led some of the company's most important projects since helping launch the company 25 years ago.

19 days ago - CNBC

It's not just Nvidia: These companies are finally making real money from AI

Generative AI, hailed for more than a year now as tech's new frontier, is steadily scoring enterprise sales. And it isn't just Nvidia Corp. NVDA, -5.55% that is racking up stratospheric revenue and ma...

19 days ago - Market Watch

Reply Once Again Awarded "Best in Class" in the PAC Innovation RADAR on Salesforce-related Services in Europe

TURIN, Italy--(BUSINESS WIRE)--Reply has been ranked among the leading providers of "Salesforce-related Services in Europe 2024" in the PAC Innovation RADAR, an industry study by the independent resea...

20 days ago - Business Wire

This Year's Model: OpenAI, Salesforce and Others Boost Efforts for Ethical AI

In a shift toward ethical technology use, companies across the globe are intensifying their efforts to develop responsible artificial intelligence (AI) systems, aiming to ensure fairness, transparency...

21 days ago - PYMNTS

Salesforce just announced new AI solutions for healthcare workers

Salesforce Inc just announced new artificial intelligence enabled solutions for healthcare workers. Its shares are pushing to the upside at writing.

21 days ago - Invezz

Salesforce announces new AI tools for doctors

Salesforce announces new AI solutions that could help automate some administrative tasks that are driving physician burnout.

21 days ago - CNBC

ScaleWith Unveils Social Impact Copilot™ for Salesforce

ALLEN, Texas--(BUSINESS WIRE)--Social Impact Copilot™ seamlessly integrates with Salesforce Einstein Copilot to help businesses align with customers.

21 days ago - Business Wire

Jim Cramer names companies and sectors poised to rally on the AI wave

CNBC's Jim Cramer on Wednesday said new tech and artificial intelligence are going to be at the heart of market gains over the next few years.

Other symbols: CATCEGENBNOWNVDA
22 days ago - CNBC

Turtle Bay Resort Redefines Personalized Hospitality with Salesforce's Einstein 1 Platform

SAN FRANCISCO & KAHUKA, Hawaii--(BUSINESS WIRE)--Today, Salesforce (NYSE: CRM), the #1 AI CRM, announced it is working with Turtle Bay Resort, the luxury vacation destination nestled on O‘ahu's legend...

22 days ago - Business Wire

Salesforce Launches Einstein 1 Studio: Low-Code AI Tools for Customizing Einstein Copilot and Embedding AI into Any CRM App

SAN FRANCISCO--(BUSINESS WIRE)--Today at TrailblazerDX, Salesforce's developer conference, Salesforce (NYSE: CRM) announced the availability of Einstein 1 Studio, a set of low-code tools that enables ...

22 days ago - Business Wire

Up 69% In The Last Twelve Months, What To Expect From Salesforce Stock?

Salesforce stock (NYSE: CRM) has gained 20% YTD, as compared to the 8% rise in the S&P500 over the same period. Further, at its current price of $315 per share, it is trading 3% below its fair value o...

22 days ago - Forbes

Akeneo Unveils Its Spring 2024 Release Featuring AI-Powered Innovations and Deeper Integrations with Salesforce

Akeneo's recent achievements of 100% US growth and strategic expansions set the stage for its Spring 2024 innovations Boston, Massachusetts--(Newsfile Corp. - March 5, 2024) - Akeneo, the Product Expe...

23 days ago - Newsfile Corp

MSFT, WDAY, CRM: Clear Skies for Cloud Stocks?

Microsoft (MSFT) has been the winner here, notes Fred Havemeyer. He discusses the takeaways from this week's cloud company earnings.

Other symbols: MSFTWDAY
27 days ago - Schwab Network