Salesforce (NYSE:CRM) Stock Rating Reaffirmed as “Overweight” by Cantor Fitzgerald

Salesforce (NYSE:CRM)‘s stock had its “overweight” rating restated by analysts at Cantor Fitzgerald in a report issued on Wednesday, MarketBeat reports. They presently have a $300.00 price target on the CRM provider’s stock. Cantor Fitzgerald‘s price target suggests a potential upside of 24.08% from the company’s previous close.

A number of other brokerages have also recently issued reports on CRM. Deutsche Bank Aktiengesellschaft initiated coverage on Salesforce in a report on Monday, October 12th. They set a “buy” rating on the stock. Mizuho upped their price target on Salesforce from $265.00 to $280.00 and gave the company an “outperform” rating in a research note on Wednesday, September 16th. The Goldman Sachs Group reiterated a “buy” rating on shares of Salesforce in a research report on Thursday, August 27th. TD Cowen began coverage on shares of Salesforce in a research note on Monday, October 12th. They set a “buy” rating on the stock. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Salesforce from $250.00 to $265.00 and gave the company an “overweight” rating in a report on Thursday, August 27th. Three research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, thirteen have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $278.98.

Salesforce Trading Down 0.3%

CRM traded down $0.66 during trading on Wednesday, reaching $241.77. 5,427,161 shares of the company’s stock were exchanged, compared to its average volume of 13,451,264. The company’s fifty day moving average price is $234.26 and its 200-day moving average price is $196.07. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.84 and a current ratio of 0.84. Salesforce has a fifty-two week low of $146.32 and a fifty-two week high of $269.11. The firm has a market capitalization of $198.98 billion, a PE ratio of 22.04, a P/E/G ratio of 1.10 and a beta of 1.26.

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, beating analysts’ consensus estimates of $3.27 by $2.63. Salesforce had a return on equity of 24.90% and a net margin of 21.99%. The company had revenue of $11.35 billion for the quarter, compared to the consensus estimate of $11.33 billion. During the same quarter in the prior year, the business posted $2.91 EPS. The firm’s quarterly revenue was up 10.8% on a year-over-year basis. Salesforce has set its FY 2027 guidance at 16.670-16.710 EPS and its Q3 2027 guidance at 3.420-3.440 EPS. As a group, equities analysts forecast that Salesforce will post 12.82 EPS for the current year.

Insider Transactions at Salesforce

In related news, Director Craig Conway sold 4,500 shares of the business’s stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $260.61, for a total value of $1,172,745.00. Following the completion of the transaction, the director directly owned 5,437 shares in the company, valued at approximately $1,416,936.57. The trade was a 45.29% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director David Blair Kirk bought 4,176 shares of the stock in a transaction that occurred on Friday, September 18th. The shares were acquired at an average cost of $239.33 per share, with a total value of $999,442.08. Following the completion of the purchase, the director owned 18,748 shares in the company, valued at $4,486,958.84. This represents a 28.66% increase in their position. The SEC filing for this purchase provides additional information. Company insiders own 3.50% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Costello Asset Management INC lifted its position in shares of Salesforce by 410.3% in the 1st quarter. Costello Asset Management INC now owns 148 shares of the CRM provider’s stock worth $28,000 after purchasing an additional 119 shares during the period. ABS Investment Management LLC bought a new stake in shares of Salesforce in the 2nd quarter valued at $610,974,000. ABS Direct Equity Fund LLC bought a new stake in Salesforce in the second quarter valued at $25,000. Manning & Napier Advisors LLC bought a new stake in Salesforce in the 2nd quarter valued at about $26,000. Finally, Persistent Asset Partners Ltd acquired a new position in shares of Salesforce during the second quarter worth approximately $27,000. Institutional investors and hedge funds own 80.43% of the company’s stock.

Salesforce News Summary

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Strategic expansion of Agentforce and marketing capabilities: Salesforce will pay $47.50 per Braze share, a roughly 58% premium, to acquire real-time customer-engagement technology and approximately 2,770 enterprise customers. The platform could provide the live behavioral data needed to strengthen Salesforce’s Agentforce AI ecosystem and Marketing Cloud. Salesforce Fuels AI Engine With $5.66B Braze Buyout
• Positive Sentiment: Analyst support remains constructive: UBS called the deal a solid strategic fit at a reasonable price, although it cautioned that Salesforce must demonstrate stronger organic growth. Cantor Fitzgerald reaffirmed its overweight rating and set a $300 price target, implying material upside from recent trading levels. Salesforce’s Braze Deal Wins UBS Backing
• Positive Sentiment: Long-term AI spending could provide a tailwind: Commentary citing analyst Dan Ives argues that the broader AI infrastructure and software buildout remains in its early stages. Salesforce is positioned to benefit if enterprises continue shifting budgets toward AI agents, data infrastructure and automated customer engagement. The AI Buildout Is Only 15% Complete
• Neutral Sentiment: Execution will determine the payoff: The acquisition is expected to close in fiscal 2028, subject to antitrust review. Salesforce has the cash flow and balance-sheet capacity to fund the transaction, but investors will monitor customer retention, product integration, margins and whether the deal accelerates revenue growth rather than merely adding scale.
• Negative Sentiment: Premium valuation and acquisition concerns weigh on the stock: Braze is reportedly unprofitable, making the 58% premium difficult to justify without substantial future synergies. The upfront cash commitment and complexity of integrating another major software platform have prompted investors to discount Salesforce shares in the near term. Salesforce Announces $5.66 Billion Braze Deal

About Salesforce

Salesforce, Inc (NYSE: CRM) is a global enterprise software company that provides cloud-based customer relationship management (CRM) technology. Its platform helps organizations manage sales, customer service, marketing, commerce, data, analytics and interactions with customers across digital and traditional channels.

The company’s products include Sales Cloud, Service Cloud, Marketing Cloud, Commerce Cloud and Data Cloud. Salesforce also offers Tableau for data visualization and analytics, MuleSoft for application integration, and Slack for workplace collaboration.