Salesforce’s (CRM) Equal Weight Rating Reiterated at Stephens

Salesforce (NYSE:CRM)‘s stock had its “equal weight” rating reiterated by research analysts at Stephens in a research report issued to clients and investors on Friday, Benzinga reports. They currently have a $289.00 target price on the CRM provider’s stock. Stephens’ target price would indicate a potential upside of 21.15% from the stock’s previous close.

A number of other equities research analysts have also issued reports on CRM. Mizuho upped their price objective on shares of Salesforce from $265.00 to $280.00 and gave the company an “outperform” rating in a report on Wednesday, September 16th. HSBC upped their price objective on shares of Salesforce from $350.00 to $356.00 and gave the company a “buy” rating in a report on Friday, May 29th. Jefferies Financial Group upped their price objective on shares of Salesforce from $250.00 to $300.00 and gave the company a “buy” rating in a report on Thursday, August 27th. The Goldman Sachs Group reissued a “buy” rating on shares of Salesforce in a report on Thursday, August 27th. Finally, Argus upped their price objective on shares of Salesforce from $290.00 to $300.00 and gave the company a “buy” rating in a report on Monday, August 31st. Three analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, fourteen have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $275.14.

Salesforce Price Performance

CRM traded up $0.97 on Friday, reaching $238.55. 10,575,574 shares of the company’s stock were exchanged, compared to its average volume of 14,003,860. The stock has a market cap of $196.33 billion, a PE ratio of 21.75, a P/E/G ratio of 1.07 and a beta of 1.20. Salesforce has a twelve month low of $146.32 and a twelve month high of $269.11. The stock’s fifty day moving average price is $214.26 and its 200-day moving average price is $190.30. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.84 and a quick ratio of 0.84.

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

Insider Transactions at Salesforce

In related news, Director David Blair Kirk bought 4,176 shares of the firm’s stock in a transaction on Friday, September 18th. The shares were bought at an average price of $239.33 per share, with a total value of $999,442.08. Following the completion of the transaction, the director directly owned 18,748 shares of the company’s stock, valued at $4,486,958.84. This represents a 28.66% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, 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 transaction, the director directly owned 5,437 shares in the company, valued at $1,416,936.57. The trade was a 45.29% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 3.50% of the company’s stock.

Institutional Trading of Salesforce

Several hedge funds have recently made changes to their positions in the business. Envestnet Portfolio Solutions Inc. lifted its position in shares of Salesforce by 11.9% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 43,398 shares of the CRM provider’s stock worth $6,790,000 after purchasing an additional 4,618 shares in the last quarter. Andra AP fonden lifted its position in shares of Salesforce by 4,855.1% during the second quarter. Andra AP fonden now owns 168,472 shares of the CRM provider’s stock worth $26,393,000 after purchasing an additional 165,072 shares in the last quarter. Security National Bank of Sioux City Iowa IA purchased a new stake in shares of Salesforce during the second quarter worth $52,000. Wellington Altus USA Inc. increased its position in shares of Salesforce by 117.2% during the second 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. Finally, Anchor Investment Management LLC increased its position in shares of Salesforce by 184.5% during the second quarter. Anchor Investment Management LLC now owns 17,983 shares of the CRM provider’s stock worth $2,817,000 after acquiring an additional 11,663 shares during the period. Institutional investors and hedge funds own 80.43% of the company’s stock.

Trending Headlines about Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Jefferies reaffirmed its “buy” rating, supporting the bullish view that Salesforce’s recent AI investments can drive a recovery in growth and valuation.
• Positive Sentiment: At Dreamforce 2026, Salesforce introduced AIforce, an open and provider-agnostic AI layer designed to connect Agentforce, Data Cloud 360, AWS, Google Cloud and other partner ecosystems. Investors may view this as strengthening Salesforce’s role as an enterprise AI platform and improving its ability to monetize AI products. Can Salesforce’s New AIforce Layer Deepen Its Ecosystem Moat and Monetization Story for CRM?
• Positive Sentiment: Wells Fargo raised its price target and highlighted strong customer interest in Agentforce. The firm’s bullish case depends on Agentforce reaching approximately $1.5 billion in annual recurring revenue and helping reaccelerate Salesforce’s growth. Wells Fargo Raises Salesforce’s Price Target
• Neutral Sentiment: The stock recently broke a six-session losing streak and has substantially outperformed the broader market over the past three months, indicating improving momentum but also raising expectations for continued AI execution. Salesforce Shares Break Six-Session Losing Streak
• Negative Sentiment: Zenity Labs reported three Agentforce vulnerabilities, dubbed “SalesBleed,” that could enable zero-click CRM data theft and AI-agent impersonation. Any confirmed exposure could increase customer concerns, remediation costs and regulatory risk. Zenity Labs Uncovers SalesBleed
• Negative Sentiment: Commentary continues to question whether Salesforce’s AI products can generate meaningful revenue quickly enough to offset pressure on its traditional seat-based software model. This leaves the stock sensitive to evidence that AI is accelerating growth rather than disrupting the core business. What Is Salesforce No Longer Telling You?

Salesforce Company Profile

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.