Brokerages Set Salesforce Inc. (NYSE:CRM) PT at $267.12

Salesforce Inc. (NYSE:CRM) has been assigned an average recommendation of “Moderate Buy” from the forty-nine ratings firms that are currently covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, fourteen have issued a hold recommendation, twenty-nine have given a buy recommendation and three have given a strong buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $274.3171.

A number of research analysts recently commented on CRM shares. DA Davidson set a $225.00 price target on shares of Salesforce in a research note on Thursday. Evercore reiterated an “outperform” rating on shares of Salesforce in a research report on Thursday, August 27th. Erste Group Bank upgraded Salesforce from a “hold” rating to a “buy” rating in a research note on Wednesday, August 5th. UBS Group reissued a “buy” rating on shares of Salesforce in a research report on Friday, September 11th. Finally, Argus raised their price objective on Salesforce from $290.00 to $300.00 and gave the stock a “buy” rating in a research note on Monday, August 31st.

Salesforce News Summary

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Raised long-term outlook: At its Dreamforce investor event, Salesforce projected fiscal 2030 revenue of more than $63 billion, above analyst expectations. Management said demand for AI, data products and Agentforce should accelerate growth and help counter fears that AI could disrupt its core CRM business. Salesforce Stock Rises After Raising Fiscal 2030 Revenue Forecast Above Estimates
• Positive Sentiment: AI ecosystem expansion: Salesforce introduced AIforce and Koa, a CRM reasoning model developed with NVIDIA, while expanding integrations with Anthropic’s Claude, Google Gemini, OpenAI, Slack, AWS and other platforms. These initiatives could increase the use of Salesforce data and support monetization of Agentforce, which recently reached $1.5 billion in annual recurring revenue. Salesforce Unleashes AIForce
• Positive Sentiment: Analyst support: Stifel, Canaccord Genuity, BMO Capital Markets and Freedom Broker raised their price targets, generally to $285–$300, citing AI monetization potential and a better growth setup. RBC maintained a sector-perform rating with a $250 target. Stifel Raises Price Target to $300
• Neutral Sentiment: Partner checks were described as incrementally positive for demand, but mixed on pricing. Investors are likely to focus on whether AI adoption translates into durable revenue growth and margins rather than merely higher usage.
• Negative Sentiment: A widespread Salesforce service disruption during Dreamforce raised concerns about reliability and execution at a particularly important customer-facing event. Salesforce Service Outages Strike on Day 2 of Dreamforce Conference
• Negative Sentiment: Despite the bullish forecast and target increases, the stock declined as some investors viewed the conference as only a modest near-term catalyst. Questions also remain about Agentforce’s return on investment, pricing, and how much revenue Salesforce will retain from third-party AI partnerships.

Insiders Place Their Bets

In related news, Director Craig Conway sold 4,500 shares of the company’s stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $260.61, for a total transaction of $1,172,745.00. Following the completion of the sale, the director owned 5,437 shares of the company’s stock, valued at $1,416,936.57. This represents a 45.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 3.50% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Salesforce

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Wellington Altus USA Inc. lifted its holdings in shares of Salesforce by 117.2% during the 2nd quarter. Wellington Altus USA Inc. now owns 315 shares of the CRM provider’s stock worth $49,000 after acquiring an additional 170 shares during the period. Anchor Investment Management LLC increased its stake in Salesforce by 184.5% in the second quarter. Anchor Investment Management LLC now owns 17,983 shares of the CRM provider’s stock valued at $2,817,000 after acquiring an additional 11,663 shares during the last quarter. Marathon Wealth Advisors LLC raised its position in Salesforce by 1.2% during the second quarter. Marathon Wealth Advisors LLC now owns 21,267 shares of the CRM provider’s stock valued at $3,332,000 after purchasing an additional 260 shares in the last quarter. ABS Direct Equity Fund LLC bought a new stake in Salesforce during the second quarter worth $25,000. Finally, Van Hulzen Asset Management LLC lifted its stake in Salesforce by 73.0% during the second quarter. Van Hulzen Asset Management LLC now owns 2,136 shares of the CRM provider’s stock worth $335,000 after purchasing an additional 901 shares during the last quarter. 80.43% of the stock is currently owned by institutional investors and hedge funds.

Salesforce Price Performance

NYSE:CRM opened at $243.35 on Tuesday. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 1.02. The stock’s 50 day moving average price is $207.43 and its two-hundred day moving average price is $188.91. The firm has a market capitalization of $200.28 billion, a price-to-earnings ratio of 22.18, a P/E/G ratio of 1.14 and a beta of 1.20. Salesforce has a 12-month low of $146.32 and a 12-month high of $269.11.

Salesforce (NYSE:CRM) last issued its earnings results on Wednesday, August 26th. The CRM provider reported $5.90 EPS for the quarter, topping the consensus estimate of $3.27 by $2.63. The company had revenue of $11.35 billion during the quarter, compared to the consensus estimate of $11.33 billion. Salesforce had a return on equity of 24.90% and a net margin of 21.99%.The firm’s revenue for the quarter was up 10.8% compared to the same quarter last year. During the same period in the previous year, the company posted $2.91 EPS. Salesforce has set its FY 2027 guidance at 16.670-16.710 EPS and its Q3 2027 guidance at 3.420-3.440 EPS. On average, analysts anticipate that Salesforce will post 12.82 earnings per share for the current year.

Salesforce Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 8th. Stockholders of record on Thursday, September 17th will be issued a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, September 17th. Salesforce’s dividend payout ratio is 16.04%.

About Salesforce

Salesforce, Inc is a cloud-based software company that provides customer relationship management (CRM) technology and related enterprise applications. Its platform helps organizations manage sales, customer service, marketing, commerce, data analytics and business operations through subscription-based software and cloud services.

The company’s product portfolio includes Sales Cloud, Service Cloud, Marketing Cloud, Commerce Cloud, Data Cloud and the Salesforce Platform. Salesforce also offers Slack for workplace collaboration, Tableau for data visualization and analytics, MuleSoft for application integration, and artificial intelligence capabilities, including its Agentforce platform for building and deploying AI agents.

Founded in 1999, Salesforce is headquartered in San Francisco, California, and serves businesses and organizations across a broad range of industries and geographic markets worldwide.