Salesforce (NYSE:CRM) Price Target Cut to $250.00 by Analysts at TD Cowen

Posted by Kim Johansen on Feb 27th, 2026

Salesforce (NYSE:CRM – Free Report) had its target price trimmed by TD Cowen from $325.00 to $250.00 in a research report sent to investors on Thursday morning,Benzinga reports. The firm currently has a buy rating on the CRM provider’s stock.

A number of other brokerages also recently issued reports on CRM. Wall Street Zen upgraded Salesforce from a “hold” rating to a “buy” rating in a research report on Friday, November 28th. Wells Fargo & Company reduced their price objective on Salesforce from $235.00 to $210.00 and set an “equal weight” rating on the stock in a research note on Thursday. Canaccord Genuity Group restated a “buy” rating and issued a $300.00 target price on shares of Salesforce in a report on Thursday, December 4th. Morgan Stanley cut their target price on Salesforce from $398.00 to $287.00 and set an “overweight” rating on the stock in a research note on Monday. Finally, Cantor Fitzgerald restated an “overweight” rating on shares of Salesforce in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Salesforce currently has a consensus rating of “Moderate Buy” and a consensus price target of $284.06.

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Salesforce Trading Up 4.0%

NYSE CRM opened at $199.38 on Thursday. Salesforce has a one year low of $174.57 and a one year high of $304.92. The business’s fifty day moving average is $225.28 and its 200-day moving average is $238.59. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.98 and a quick ratio of 0.98. The stock has a market capitalization of $186.82 billion, a price-to-earnings ratio of 25.53, a PEG ratio of 1.31 and a beta of 1.27.

Salesforce (NYSE:CRM – Get Free Report) last issued its earnings results on Wednesday, February 25th. The CRM provider reported $3.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.05 by $0.76. The firm had revenue of $11.20 billion for the quarter, compared to analyst estimates of $11.18 billion. Salesforce had a return on equity of 15.28% and a net margin of 17.96%.The business’s revenue was up 12.1% on a year-over-year basis. During the same period in the previous year, the company posted $2.78 earnings per share. Salesforce has set its FY 2027 guidance at 13.110-13.190 EPS and its Q1 2027 guidance at 3.110-3.130 EPS. Equities research analysts predict that Salesforce will post 7.46 EPS for the current year.

Salesforce Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 23rd. Investors of record on Thursday, April 9th will be given a $0.44 dividend. This is a boost from Salesforce’s previous quarterly dividend of $0.42. The ex-dividend date of this dividend is Thursday, April 9th. This represents a $1.76 annualized dividend and a yield of 0.9%. Salesforce’s payout ratio is currently 22.16%.

Insider Activity at Salesforce

In related news, insider Parker Harris sold 134,662 shares of the firm’s stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $234.70, for a total value of $31,605,171.40. Following the sale, the insider owned 139,767 shares in the company, valued at approximately $32,803,314.90. This trade represents a 49.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director G Mason Morfit purchased 96,000 shares of the business’s stock in a transaction on Friday, December 5th. The shares were purchased at an average price of $260.58 per share, with a total value of $25,015,680.00. Following the completion of the purchase, the director owned 2,994,509 shares in the company, valued at approximately $780,309,155.22. This trade represents a 3.31% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 3.00% of the stock is currently owned by insiders.

Institutional Trading of Salesforce

Institutional investors and hedge funds have recently bought and sold shares of the stock. Anchor Investment Management LLC increased its stake in Salesforce by 4.1% in the 4th quarter. Anchor Investment Management LLC now owns 4,837 shares of the CRM provider’s stock worth $1,281,000 after acquiring an additional 191 shares during the last quarter. TD Capital Management LLC raised its stake in shares of Salesforce by 89.3% in the fourth quarter. TD Capital Management LLC now owns 212 shares of the CRM provider’s stock valued at $56,000 after acquiring an additional 100 shares during the period. Tempo Wealth LLC bought a new stake in Salesforce in the fourth quarter worth about $1,134,000. Thryve Wealth Management LLC bought a new stake in shares of Salesforce during the 4th quarter worth approximately $446,000. Finally, MidFirst Bank bought a new stake in shares of Salesforce during the fourth quarter worth $6,495,000. 80.43% of the stock is currently owned by institutional investors.

Salesforce News Roundup

Here are the key news stories impacting Salesforce this week:

Positive Sentiment: Q4 results showed a big non‑GAAP EPS beat and double‑digit revenue growth, with Agentforce cited as a key growth driver — the earnings strength is the main bullish catalyst. Salesforce Crushed Earnings by 25% and Still Can’t Get Any Respect
Positive Sentiment: Management authorized a $50 billion buyback, raised FY30 revenue ambition to ~$63B and increased the quarterly dividend — these capital‑return moves support EPS per‑share upside and signal confidence from the board. Salesforce targets $63B revenue by FY30 while expanding Agentforce and $50B buyback
Positive Sentiment: Some brokers (e.g., Wedbush) reiterated bullish views and called CRM a long‑term AI winner, supporting a recovery narrative despite the recent sell‑off. Salesforce Stock Climbs After Earnings. Wedbush Calls It ‘Long-Term Winner’ of the AI Boom
Neutral Sentiment: Wall Street reacted with many price‑target resets — several firms trimmed targets but maintained Buy/Overweight ratings, leaving consensus upside but also a wider target dispersion to watch. Salesforce’s AI Bet Is Paying Off—the Buyback Proves It
Negative Sentiment: Revenue outlook/near‑term guidance was viewed as soft by some investors — the quarter’s guidance cadence (mid‑year weakness) pressured shares in after‑hours trading. Salesforce tops Q4 estimates but softer revenue guidance pressures shares
Negative Sentiment: Analysts flagged mixed cloud momentum and cautioned on a near‑term growth slowdown even as AI adoption builds — raises the risk of cyclical softness before the AI inflection fully materializes. Salesforce faces near-term growth slowdown as AI inflection builds, Jefferies says
Negative Sentiment: Several firms cut price targets (examples include Sanford Bernstein’s move to Underperform and multiple downward adjustments across banks), which can cap near‑term upside until guidance clarity improves. Analyst price target updates

About Salesforce

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Salesforce, founded in 1999 and headquartered in San Francisco, is a global provider of cloud-based software focused on customer relationship management (CRM) and enterprise applications. The company popularized the software-as-a-service (SaaS) model for CRM and has built a broad portfolio of products designed to help organizations manage sales, service, marketing, commerce and analytics through a unified, cloud-first platform.

Core offerings include Sales Cloud for sales automation, Service Cloud for customer support, Marketing Cloud for digital marketing and engagement, and Commerce Cloud for e-commerce.