Salesforce, Inc. (CRM)
| Market Cap | 262.26B |
| Revenue (ttm) | 34.86B |
| Net Income (ttm) | 4.14B |
| Shares Out | 970.00M |
| EPS (ttm) | 4.20 |
| PE Ratio | 64.79 |
| Forward PE | 28.57 |
| Dividend | $1.60 (0.59%) |
| Ex-Dividend Date | Mar 13, 2024 |
| Volume | 4,890,009 |
| Open | 272.49 |
| Previous Close | 271.92 |
| Day's Range | 268.73 - 273.15 |
| 52-Week Range | 190.57 - 318.71 |
| Beta | 1.28 |
| Analysts | Buy |
| Price Target | 303.00 (+12.07%) |
| 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 $303.0, which is an increase of 12.07% from the latest price.
News
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
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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
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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 ...
Software giant Salesforce in advanced talks to buy Informatica
Customer relations software maker Salesforce is in advanced talks to acquire Informatica, a person familiar with the matter told Reuters on Friday, in the latest sign of increased deal-making in the t...
Salesforce is in advanced talks to buy Informatica, WSJ reports
Salesforce is in advanced talks to acquire data-management software provider Informatica , the Wall Street Journal reported on Friday, citing people familiar with the matter.
Salesforce In Advanced Talks to Buy Informatica
Salesforce is in advanced talks to acquire data-management software provider Informatica, according to people familiar with the matter.
IQVIA and Salesforce Expand Global Partnership to Accelerate the Development of Life Sciences Cloud
RESEARCH TRIANGLE PARK, N.C. & SAN FRANCISCO, CA--(BUSINESS WIRE)--IQVIA (NYSE:IQV), a leading global provider of data, analytics, technology and services to the life sciences industry, and Salesforce...
Datamatics Dives Deep in Salesforce Capabilities, Acquires Dextara Digital
MUMBAI, India , April 3, 2024 /PRNewswire/ -- Datamatics (BSE: 532528) (NSE: DATAMATICS), a leading global Digital Technologies, Operations, and Experiences Company, announced the acquisition of Dexta...
10 Companies To Watch In Q2 2024
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Salesforce AI CEO speaks about the company's generative AI push
Salesforce AI CEO Clara Shih joins 'The Exchange' to discuss the customer reactions to the company's AI products, which industries have been adopting generative AI, and more.
Not sure where to start with data analysis? Try Salesforce's new Einstein Copilot for Tableau
Einstein Copilot for Tableau is specifically tuned for data analysis and isn't just about asking natural language queries about data.
Zoom and Salesforce stand to benefit from Microsoft's unbundling of Teams and Office
Microsoft's decision to untie its Teams communications app from Office bundles is a potential boon for rivals Zoom and Salesforce.
Microsoft, Salesforce woo skeptical CFOs on new generative AI tool spending
Salesforce and Microsoft are among the enterprise software giants trying to convince hesitant CFOs to spend on new finance-focused generative AI tools.
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 ...
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?