Salesforce (NYSE:CRM – Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 11.090-11.170 for the period, compared to the consensus estimate of 11.210. The company issued revenue guidance of $40.5 billion-$40.9 billion, compared to the consensus revenue estimate of $41.4 billion. Salesforce also updated its Q1 2026 guidance to 2.530-2.550 EPS.
Salesforce Stock Up 0.1 %
Salesforce stock traded up $0.33 during midday trading on Friday, hitting $295.23. 3,761,087 shares of the company were exchanged, compared to its average volume of 6,649,860. The company has a market cap of $282.54 billion, a PE ratio of 48.59, a price-to-earnings-growth ratio of 2.58 and a beta of 1.31. Salesforce has a fifty-two week low of $212.00 and a fifty-two week high of $369.00. The company’s fifty day moving average price is $330.03 and its 200-day moving average price is $306.89. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.11 and a quick ratio of 1.11.
Salesforce (NYSE:CRM – Get Free Report) last released its quarterly earnings results on Tuesday, December 3rd. The CRM provider reported $2.41 EPS for the quarter, missing the consensus estimate of $2.44 by ($0.03). Salesforce had a return on equity of 12.34% and a net margin of 15.96%. The business had revenue of $9.44 billion during the quarter, compared to analyst estimates of $9.35 billion. During the same quarter last year, the firm posted $1.62 EPS. The company’s revenue was up 8.3% compared to the same quarter last year. On average, research analysts predict that Salesforce will post 7.46 EPS for the current fiscal year.
Salesforce Dividend Announcement
Wall Street Analysts Forecast Growth
A number of research analysts have recently issued reports on the stock. Citigroup restated a “cautious” rating on shares of Salesforce in a research report on Thursday. Guggenheim restated a “sell” rating and issued a $247.00 target price on shares of Salesforce in a research note on Thursday. Morgan Stanley upped their target price on Salesforce from $330.00 to $405.00 and gave the company an “overweight” rating in a report on Wednesday, December 4th. Scotiabank cut their price target on Salesforce from $440.00 to $400.00 and set a “sector outperform” rating on the stock in a report on Thursday. Finally, UBS Group upped their price objective on Salesforce from $275.00 to $360.00 and gave the stock a “neutral” rating in a research note on Friday, November 22nd. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, thirty-two have issued a buy rating and four have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $365.32.
Read Our Latest Stock Analysis on CRM
Insider Transactions at Salesforce
In other Salesforce news, CAO Sundeep G. Reddy sold 436 shares of the stock in a transaction that occurred on Thursday, January 23rd. The shares were sold at an average price of $332.28, for a total value of $144,874.08. Following the completion of the sale, the chief accounting officer now owns 7,057 shares in the company, valued at $2,344,899.96. This represents a 5.82 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider R David Schmaier sold 1,785 shares of the business’s stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $344.00, for a total transaction of $614,040.00. Following the transaction, the insider now owns 19,116 shares in the company, valued at approximately $6,575,904. This represents a 8.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 1,102,572 shares of company stock valued at $381,283,706 over the last three months. 3.20% of the stock is owned by corporate insiders.
About Salesforce
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.
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