Salesforce (NYSE:CRM) Issues FY 2027 Earnings Guidance

Salesforce (NYSE:CRM) updated its FY 2027 earnings guidance on Wednesday. The company provided earnings per share guidance of 16.670-16.710 for the period, compared to the consensus estimate of 13.360. The company issued revenue guidance of $46.1 billion-$46.4 billion, compared to the consensus revenue estimate of $46.1 billion. Salesforce also updated its Q3 2027 guidance to 3.420-3.440 EPS.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on CRM. Citigroup restated a “market outperform” rating on shares of Salesforce in a research note on Tuesday. Needham & Company LLC reissued a “buy” rating on shares of Salesforce in a report on Tuesday, June 16th. Wedbush started coverage on shares of Salesforce in a research report on Wednesday, July 1st. They set an “outperform” rating on the stock. Sanford C. Bernstein reduced their price objective on shares of Salesforce from $194.00 to $173.00 and set an “underperform” rating on the stock in a research note on Thursday, May 28th. Finally, Deutsche Bank Aktiengesellschaft set a $315.00 target price on shares of Salesforce in a research note on Tuesday. Two analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, seventeen have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $248.72.

Salesforce Price Performance

Shares of NYSE CRM traded up $0.32 during midday trading on Wednesday, reaching $206.01. 10,769,734 shares of the company were exchanged, compared to its average volume of 13,605,874. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.15. Salesforce has a one year low of $146.32 and a one year high of $269.11. The stock’s 50-day moving average price is $176.11 and its 200-day moving average price is $181.49. The stock has a market cap of $168.72 billion, a P/E ratio of 23.84, a PEG ratio of 1.13 and a beta of 1.16.

Salesforce (NYSE:CRM) last announced its earnings results on Wednesday, May 27th. The CRM provider reported $3.88 EPS for the quarter, beating the consensus estimate of $3.13 by $0.75. The business had revenue of $11.13 billion for the quarter, compared to analysts’ expectations of $11.05 billion. Salesforce had a return on equity of 18.72% and a net margin of 18.73%.The firm’s revenue was up 13.3% on a year-over-year basis. During the same period in the prior year, the business posted $2.58 earnings per share. On average, sell-side analysts anticipate that Salesforce will post 10.27 earnings per share for the current fiscal year.

Salesforce Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Thursday, June 11th were issued a dividend of $0.44 per share. The ex-dividend date was Thursday, June 11th. This represents a $1.76 annualized dividend and a yield of 0.9%. Salesforce’s dividend payout ratio is presently 20.37%.

Trending Headlines about Salesforce

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

Hedge Funds Weigh In On Salesforce

Several institutional investors and hedge funds have recently bought and sold shares of the company. Fred Alger Management LLC boosted its position in shares of Salesforce by 0.3% during the 3rd quarter. Fred Alger Management LLC now owns 14,943 shares of the CRM provider’s stock valued at $3,548,000 after acquiring an additional 45 shares during the last quarter. Synergy Financial Group LTD raised its stake in Salesforce by 2.4% during the third quarter. Synergy Financial Group LTD now owns 2,035 shares of the CRM provider’s stock valued at $482,000 after purchasing an additional 48 shares in the last quarter. Triumph Capital Management lifted its position in Salesforce by 4.2% during the fourth quarter. Triumph Capital Management now owns 1,448 shares of the CRM provider’s stock valued at $383,000 after purchasing an additional 59 shares during the last quarter. ANB Bank grew its stake in shares of Salesforce by 1.0% in the 4th quarter. ANB Bank now owns 5,755 shares of the CRM provider’s stock worth $1,525,000 after buying an additional 59 shares in the last quarter. Finally, Sunbelt Securities Inc. grew its stake in shares of Salesforce by 1.6% in the 3rd quarter. Sunbelt Securities Inc. now owns 3,923 shares of the CRM provider’s stock worth $930,000 after buying an additional 62 shares in the last quarter. 80.43% of the stock is owned by institutional investors.

About Salesforce

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.