Salesforce, Inc. (CRM)
Market Cap | 200.77B |
Revenue (ttm) | 33.07B |
Net Income (ttm) | 1.58B |
Shares Out | 973.00M |
EPS (ttm) | 1.59 |
PE Ratio | 129.77 |
Forward PE | 24.61 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 3,497,485 |
Open | 205.00 |
Previous Close | 206.43 |
Day's Range | 203.87 - 206.53 |
52-Week Range | 126.34 - 238.22 |
Beta | 1.19 |
Analysts | Buy |
Price Target | 240.29 (+16.45%) |
Earnings Date | Aug 30, 2023 |
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 relationship intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer service and support at scale. In addition, its platform offering comprise a flexible platform that enables companies of... [Read more]
Financial Performance
In 2022, Salesforce.com's revenue was $31.35 billion, an increase of 18.35% compared to the previous year's $26.49 billion. Earnings were $208.00 million, a decrease of -85.60%.
Financial StatementsAnalyst Forecast
According to 38 analysts, the average rating for CRM stock is "Buy." The 12-month stock price forecast is $240.29, which is an increase of 16.45% from the latest price.
News
Salesforce Dreamforce 2023 Recap and how AI is transforming business, technology, and society
Yahoo Finance Executive Editor Brian Sozzi spoke with tech industry executives about the latest industry trends, AI, and the impact on society.

Salesforce Recognized as a Leader in the 2023 Gartner® Magic Quadrant™ for Sales Force Automation Platforms
SAN FRANCISCO--(BUSINESS WIRE)--Salesforce (NYSE: CRM), the #1 AI CRM, has been recognized as a Leader in the 2023 Gartner Magic Quadrant™ for Sales Force Automation Platforms for the 17th consecutive...

Salesforce turns to 'boomerangs,' luring back former execs to help reignite growth
Salesforce is hiring back former executives to help the company improve its performance in a challenging economy

Salesforce Standardizes Global Hybrid Cloud Infrastructure on Red Hat Enterprise Linux
RALEIGH, N.C.--(BUSINESS WIRE)--Red Hat, Inc., the world's leading provider of open source solutions, today announced that Salesforce (NYSE: CRM), the global leader in CRM, is standardizing its global...

Salesforce Shines Light On Prompt Engineering Trust Layer Advancements That Are The Future Of Generative AI
Recent Salesforce conference known as Dreamforce unveiled the Einstein 1 Platform that includes an AI trust layer and is representative of the future of generative AI.
AI's biggest upside is 'augmenting human potential': Salesforce AI CEO
Salesforce's (CRM) 2023 Dreamforce Conference is abuzz with talk of artificial intelligence and what it is bringing to the table for businesses. Clara Shih, CEO of Salesforce AI, sits down with Yahoo ...

Slack CEO is ready to ride AI wave
Artificial Intelligence is transforming Slack, the widely used workplace messaging platform, its CEO told AFP just nine months after taking on one of the most high profile jobs in Silicon Valley.
Salesforce CFO explains how AI will impact the tech giant
Salesforce CFO and President Amy Weaver (CRM) sits down with Yahoo Finance's Brian Sozzi at Salesforce's 2023 Dreamforce Conference to share her thoughts on all things AI and how Salesforce is at the ...

Salesforce is hiring over 3,000 people, despite axing 10% of staff in brutal job cuts earlier in 2023
Salesforce will look to hire around 3,000 new employees, CEO Marc Benioff told Bloomberg this week. The company announced plans to lay off 10% of its staff earlier this year in a major cost-cutting ef...

Salesforce to hire 3,300 people following layoffs earlier this year: report
Salesforce Inc. is hiring again, after laying off about 10% of its staff earlier this year, according to a new report.

Salesforce's Marc Benioff claims San Francisco ‘looks great' after demanding city clean up
Benioff has threatened to move Salesforce's biggest conference over rampant drug use, homelessness.
AI 'the most exciting business opportunity of our lifetime': Salesforce CEO
A lot has changed from last year's Salesforce Dreamforce conference. The biggest is the focus on AI.

Blue Shield of California and Salesforce Advance Holistic Care Management and Enable Streamlined Employer Enrollment, Improving Time to Care
Salesforce forms technology backbone for Blue Shield's care management platform to help teams spend more time connecting members to care and services Collaboration also helps employers and brokers eff...
Salesforce CEO Marc Benioff: When I talk to CEOs they are all Slack-first
Salesforce CEO Marc Benioff sits down with 'Mad Money' host Jim Cramer to talk AI application, what's next for Slack, the Dreamforce conference and more.

Salesforce CEO says Slack will play a prominent role in AI
Salesforce CEO Marc Benioff told CNBC's Jim Cramer about how its messaging program Slack relates to AI.

Salesforce Introduces Next-Gen AI Chatbot
Salesforce has launched the latest iteration of its artificial intelligence (AI)-powered chatbot. The customer relationship management (CRM) platform announced on Tuesday (Sept.

Salesforce kicks off Dreamforce with products to leverage AI while protecting customer data
Salesforce Inc. Chair and Chief Executive Marc Benioff on Tuesday told attendees of the company's Dreamforce conference that the company isn't interested in making money off customer data, but in prot...

Google and Salesforce expand AI accord to put heat on Microsoft
Google and Salesforce Inc. are ratcheting up the heat on Microsoft Corp when it comes to artificial intelligence.
Trending stocks September 12, 2023: Apple, Salesforce, UPS, and Enphase
Yahoo Finance anchors Seana Smith and Brad Smith break down the latest stock news for trending tickers for September 12, 2023 including Apple, Salesforce, UPS, and Enphase.

Vendelux Integrates with Salesforce; Event Marketers Gain Visibility into ROI from In-Person Event Spend for the First Time
NEW YORK--(BUSINESS WIRE)-- #dataintelligence--Vendelux, the leading AI event intelligence platform, today announced its integration with Salesforce (NYSE: CRM), the world's #1 AI CRM. With this integ...

Williams-Sonoma, Inc. and Salesforce Team Up to Serve Customers at Home
SAN FRANCISCO--(BUSINESS WIRE)--Today at Dreamforce 2023, Salesforce (NYSE: CRM), the #1 AI CRM, announced its work with Williams-Sonoma, Inc. (NYSE: WSM), the world's largest digital-first, design-le...

Salesforce Announces the New Einstein 1 Platform – Driving Productivity and Trusted Customer Experiences Powered by Data, AI, and CRM
SAN FRANCISCO--(BUSINESS WIRE)--Salesforce (NYSE: CRM) today announced the Einstein 1 Platform, which features major advancements for Salesforce Data Cloud and Einstein AI capabilities, all built on S...

Deloitte Digital Enhances DigitalMIX Platform With Salesforce to Drive Productivity and Improve Customer Experiences
DigitalMIX with Salesforce Einstein helps clients jump start their AI journey NEW YORK , Sept. 12, 2023 /PRNewswire/ -- Deloitte Digital today announced a collaboration with Salesforce to integrate Ei...

Salesforce Launches Next Generation of Einstein, Bringing a Conversational AI Assistant to Every CRM Application and Customer Experience
SAN FRANCISCO--(BUSINESS WIRE)--Salesforce (NYSE: CRM) today introduced the next generation of Einstein, its AI technology. Einstein now includes: Einstein Copilot: A new and trusted out-of-the-box co...