Salesforce (NYSE:CRM – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 11.090-11.170 for the period, compared to the consensus EPS 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.
Wall Street Analysts Forecast Growth
Several research firms have recently issued reports on CRM. Oppenheimer reaffirmed an “outperform” rating and set a $415.00 price objective (up from $385.00) on shares of Salesforce in a research report on Wednesday, December 4th. TD Cowen upgraded shares of Salesforce from a “hold” rating to a “buy” rating and upped their target price for the company from $380.00 to $400.00 in a report on Friday, January 17th. Macquarie reaffirmed a “neutral” rating and set a $370.00 price objective on shares of Salesforce in a report on Wednesday, December 18th. Robert W. Baird boosted their target price on Salesforce from $340.00 to $430.00 and gave the company an “outperform” rating in a report on Wednesday, December 4th. Finally, Needham & Company LLC restated a “buy” rating and set a $400.00 price target on shares of Salesforce in a research note on Thursday, February 6th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, thirty-two have issued a buy rating and four have issued a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $374.47.
Salesforce Stock Up 0.4 %
Salesforce (NYSE:CRM – Get Free Report) last released its earnings results on Wednesday, February 26th. The CRM provider reported $2.22 earnings per share for the quarter, missing analysts’ consensus estimates of $2.60 by ($0.38). Salesforce had a return on equity of 12.34% and a net margin of 15.96%. Research analysts anticipate that Salesforce will post 7.46 EPS for the current year.
Salesforce Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Wednesday, December 18th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.52%. The ex-dividend date of this dividend was Wednesday, December 18th. Salesforce’s dividend payout ratio is currently 26.32%.
Insiders Place Their Bets
In other Salesforce news, CAO Sundeep G. Reddy sold 436 shares of the firm’s stock in a transaction dated Thursday, January 23rd. The shares were sold at an average price of $332.28, for a total transaction of $144,874.08. Following the completion of the transaction, the chief accounting officer now owns 7,057 shares in the company, valued at $2,344,899.96. This trade represents a 5.82 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Miguel Milano sold 458 shares of the company’s stock in a transaction on Monday, February 24th. The shares were sold at an average price of $307.97, for a total value of $141,050.26. Following the completion of the sale, the insider now owns 5,864 shares in the company, valued at $1,805,936.08. This trade represents a 7.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 1,102,572 shares of company stock worth $381,283,706. 3.20% of the stock is currently owned by company insiders.
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.
Featured Stories
- Five stocks we like better than Salesforce
- Canada Bond Market Holiday: How to Invest and Trade
- Buffett’s on the Sidelines – Should You Follow?
- What Investors Need to Know to Beat the Market
- AST SpaceMobile Stock Surges 17% After Analyst Upgrade
- What Do S&P 500 Stocks Tell Investors About the Market?
- 3 Stocks With Triple-Digit PEs That Are Still Worth a Look
Receive News & Ratings for Salesforce Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Salesforce and related companies with MarketBeat.com's FREE daily email newsletter.