Salesforce (NYSE:CRM) Issues Q3 2027 Earnings Guidance

Salesforce (NYSE:CRM) issued an update on its third quarter 2027 earnings guidance on Wednesday. The company provided EPS guidance of 3.420-3.440 for the period, compared to the consensus estimate of 3.160. The company issued revenue guidance of $11.4 billion-$11.5 billion, compared to the consensus revenue estimate of $11.4 billion. Salesforce also updated its FY 2027 guidance to 16.670-16.710 EPS.

Salesforce Stock Up 0.2%

NYSE CRM traded up $0.32 on Wednesday, hitting $206.01. 13,952,833 shares of the stock traded hands, compared to its average volume of 13,638,903. The company has a market capitalization of $168.72 billion, a P/E ratio of 23.84, a price-to-earnings-growth ratio of 1.13 and a beta of 1.16. The stock has a 50-day moving average of $176.11 and a 200 day moving average of $181.49. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.15. Salesforce has a twelve month low of $146.32 and a twelve month high of $269.11.

Salesforce (NYSE:CRM) last released its earnings results on Wednesday, May 27th. The CRM provider reported $3.88 earnings per share for the quarter, beating the consensus estimate of $3.13 by $0.75. The firm had revenue of $11.13 billion during the quarter, compared to analyst estimates of $11.05 billion. Salesforce had a net margin of 18.73% and a return on equity of 18.72%. The firm’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.58 earnings per share. As a group, analysts expect that Salesforce will post 10.27 earnings per share for the current fiscal year.

Salesforce Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Thursday, June 11th were given a $0.44 dividend. The ex-dividend date of this dividend was Thursday, June 11th. This represents a $1.76 annualized dividend and a yield of 0.9%. Salesforce’s dividend payout ratio (DPR) is currently 20.37%.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Wells Fargo & Company upped their price target on shares of Salesforce from $200.00 to $205.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 12th. Guggenheim restated a “buy” rating and issued a $228.00 price target on shares of Salesforce in a research note on Thursday, August 20th. Monness Crespi & Hardt lifted their price target on Salesforce from $200.00 to $222.00 and gave the company a “buy” rating in a report on Thursday, August 13th. UBS Group raised their target price on Salesforce from $185.00 to $210.00 and gave the company a “neutral” rating in a research report on Wednesday, August 12th. Finally, Jefferies Financial Group raised Salesforce from a “buy” rating to a “buy” rating in a research note on Wednesday, July 1st. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, seventeen have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $248.72.

Salesforce News Summary

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Analysts remain supportive ahead of the report. Canaccord Genuity reaffirmed a “buy” rating with a $225 price target, while Citizens JMP maintained “market outperform” with a $315 target. BTIG also reaffirmed its buy rating. BTIG Research Reaffirms Buy Rating for Salesforce
• Positive Sentiment: Salesforce’s Agentforce AI platform and its expanding third-party AgentExchange ecosystem are viewed as potential growth drivers. New integrations from ZoomInfo and Agiloft could increase adoption of Salesforce and Slack’s AI-powered workflows. Salesforce AgentExchange ecosystem
• Neutral Sentiment: Consensus expectations call for roughly $11.3 billion in quarterly revenue and $3.27 in EPS, representing approximately 11% revenue growth and 12% earnings growth. Options markets imply a broad post-earnings trading range of about $190 to $220, highlighting elevated uncertainty. Salesforce Q2 earnings expectations
• Neutral Sentiment: Jefferies expects an in-line quarter, but investors will focus more heavily on signs of second-half growth reacceleration. A survey of Salesforce partners showed 70% were at or above plan, offering a modestly encouraging demand signal. Jefferies Salesforce earnings preview
• Negative Sentiment: The stock’s weak 2026 chart reflects investor concerns that AI competition could disrupt traditional software growth and that Salesforce has yet to demonstrate a durable acceleration from its AI investments. Broader software-sector volatility, amplified by momentum and leveraged trading, is adding to the pressure. Software-sector volatility
• Negative Sentiment: Another senior OpenAI sales executive reportedly returning to Salesforce may benefit CRM’s talent base, but it also underscores ongoing uncertainty and leadership churn within the AI ecosystem. OpenAI executive returns to Salesforce

Institutional Investors Weigh In On Salesforce

Several hedge funds have recently made changes to their positions in CRM. Gilpin Wealth Management LLC purchased a new position in Salesforce during the 4th quarter valued at about $26,000. Texas Capital Bancshares Inc TX purchased a new position in shares of Salesforce during the 3rd quarter valued at $28,000. Swiss RE Ltd. acquired a new position in shares of Salesforce in the fourth quarter worth $28,000. Birchwood Financial Partners Inc. purchased a new stake in shares of Salesforce during the fourth quarter worth $28,000. Finally, Measured Wealth Private Client Group LLC acquired a new stake in Salesforce during the third quarter valued at $39,000. Hedge funds and other institutional investors own 80.43% of the company’s stock.

Salesforce Company Profile

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.