What is William Blair’s Forecast for Salesforce Q3 Earnings?

Salesforce, Inc. (NYSE:CRM) – William Blair upped their Q3 2026 earnings estimates for Salesforce in a report released on Thursday, February 27th. William Blair analyst A. Bhatia now anticipates that the CRM provider will post earnings per share of $2.12 for the quarter, up from their prior estimate of $1.98. The consensus estimate for Salesforce’s current full-year earnings is $7.46 per share.

A number of other analysts have also weighed in on CRM. TD Cowen upgraded shares of Salesforce from a “hold” rating to a “buy” rating and increased their price objective for the stock from $380.00 to $400.00 in a research note on Friday, January 17th. Truist Financial reiterated a “buy” rating and issued a $400.00 price objective (up previously from $380.00) on shares of Salesforce in a research note on Wednesday, December 4th. Redburn Atlantic initiated coverage on shares of Salesforce in a research note on Wednesday, February 19th. They issued a “buy” rating on the stock. Piper Sandler cut their price objective on shares of Salesforce from $405.00 to $400.00 and set an “overweight” rating on the stock in a research note on Thursday, February 27th. Finally, Guggenheim reiterated a “sell” rating and issued a $247.00 price objective on shares of Salesforce in a research note on Thursday, February 27th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, thirty-two have assigned a buy rating and four have given a strong buy rating to the stock. Based on data from MarketBeat.com, Salesforce has a consensus rating of “Moderate Buy” and a consensus price target of $365.32.

Salesforce Trading Down 2.0 %

NYSE CRM opened at $287.10 on Monday. The company has a fifty day simple moving average of $326.96 and a two-hundred day simple moving average of $308.33. The stock has a market cap of $274.76 billion, a P/E ratio of 47.22, a P/E/G ratio of 2.58 and a beta of 1.31. Salesforce has a 12-month low of $212.00 and a 12-month high of $369.00. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.14.

Salesforce (NYSE:CRM) last posted its quarterly earnings results on Tuesday, December 3rd. The CRM provider reported $2.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.44 by ($0.03). The company had revenue of $9.44 billion during the quarter, compared to analysts’ expectations of $9.35 billion. Salesforce had a return on equity of 12.34% and a net margin of 15.96%. The company’s quarterly revenue was up 8.3% on a year-over-year basis. During the same period in the prior year, the business posted $1.62 EPS.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of CRM. Bernard Wealth Management Corp. purchased a new position in Salesforce in the fourth quarter valued at approximately $25,000. Infrastructure Capital Advisors LLC acquired a new stake in Salesforce in the third quarter valued at approximately $27,000. Accredited Wealth Management LLC acquired a new stake in Salesforce in the fourth quarter valued at approximately $27,000. Arlington Trust Co LLC grew its position in Salesforce by 85.1% in the fourth quarter. Arlington Trust Co LLC now owns 87 shares of the CRM provider’s stock valued at $29,000 after acquiring an additional 40 shares in the last quarter. Finally, Compass Financial Services Inc acquired a new stake in shares of Salesforce during the fourth quarter worth approximately $30,000. 80.43% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Salesforce

In other news, CAO Sundeep G. Reddy sold 436 shares of the company’s stock in a transaction on Thursday, January 23rd. The shares were sold at an average price of $332.28, for a total transaction of $144,874.08. Following the transaction, the chief accounting officer now directly owns 7,057 shares of the company’s stock, valued at $2,344,899.96. This represents a 5.82 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Robin L. Washington acquired 1,695 shares of the stock in a transaction that occurred on Friday, February 28th. The stock was acquired at an average cost of $294.61 per share, for a total transaction of $499,363.95. Following the completion of the purchase, the director now owns 43,445 shares in the company, valued at $12,799,331.45. The trade was a 4.06 % increase in their position. The disclosure for this purchase can be found here. Insiders sold a total of 1,108,793 shares of company stock worth $383,156,227 in the last 90 days. 3.20% of the stock is owned by insiders.

Salesforce Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Wednesday, December 18th were given a $0.40 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $1.60 annualized dividend and a yield of 0.56%. Salesforce’s dividend payout ratio (DPR) is 25.16%.

Salesforce Company Profile

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.