DailyIQ
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CRM·Salesforce, Inc.

$235.98
-2.03 (-0.85%)
After Hours
High
$240.11
Open
$238.40
Market Cap
200.24B
52W High
$269.11
Low
$233.59
P. Close
$235.98
P/E
20.72
52W Low
$146.32
Fwd P/E
14.86
DailyIQ Est.
$310.06
Inst. Ownership
40.7%
Short Interest
3.93%
Days to Cover
2.6
Div. Yield
0.73%
Next Ex-Div
~Dec 18
NewEarnings release, scored · filed Aug 26, 2026Guidance raised · tone +1.7 vs prior release · 77 lines scoredSee the breakdown
Technical Score (1D)
41
BEARISH
News Sentiment
55
BULLISH
On Oct 13, Salesforce reported that its stock had fallen 3.8% over the past year, lagging the S&P 500. Executives highlighted the need to deliver new AI value to customers, noting that most users had not yet adopted the premium AI‑enabled editions. The company is packaging its latest AI features into higher‑tier subscriptions, and only a small fraction of customers have upgraded. The upgrade strategy represents a potential growth driver, yet the current uptake remains limited, tempering enthusiasm for immediate upside.
LOW TARGET
$165 -30.1%
2 analysts
MEAN TARGET
$286 +21.1%
23 analysts
HIGH TARGET
$475 +101.3%
34 analysts
PRICE RANGE
$165.00 - $475.00
SB / B / H / S / SS
14/30/13/1/1
DAILYIQ EST.
$310.06 (+31.4%)
Sector
Technology
Industry
Software - Application
Exchange
NYQ
Country
United States
Symbol
CRM
Description
Salesforce, Inc. is a global provider of customer relationship management (CRM) technology, facilitating connections between businesses and their customers. The company's core value proposition lies in its comprehensive suite of solutions, including Agentforce, a key component of its platform, and Data Cloud, a data engine that powers its AI capabilities. Salesforce offers a range of products designed to enhance various aspects of business operations, from sales and marketing to commerce and field service. Through strategic partnerships like the one with Google, Salesforce expands its offerings, providing integrated solutions like Agentforce 360 with Google Workspace. This positions Salesforce as a leading player in the CRM landscape, serving businesses worldwide since its incorporation in 1999.
Bought (1Y)
4,176 shares
$999K
Sold (1Y)
35,266 shares
$7.9M
Milano MiguelPresident and COO
Option Exercise1,526 shares2026-09-22
Milano MiguelPresident and COO
Option Exercise1,015 shares2026-09-22
Milano MiguelPresident and COO
Tax Withholding601 shares2026-09-22
Milano MiguelPresident and COO
Option Exercise1,526 shares2026-09-22
Milano MiguelPresident and COO
Tax Withholding400 shares2026-09-22
80/ 100
Bullish
Overall: Bullish
✓Revenue growing year over year
✓Positive net margin
✓Positive operating cash flow
Gross Margin
77.7%
Net Margin
18.0%
Revenue CAGR
25.0%
Current Ratio
0.76x
Debt / Equity
0.24x
Return on Equity
12.6%
Earnings Summary
Salesforce, Inc. is a global provider of customer relationship management (CRM) technology, offering a comprehensive suite of solutions that span sales, marketing, commerce, and field service, and has positioned itself as a leading player in the software‑application sector. The company’s recent focus on AI, through its Data Cloud and Agentforce products, underscores its strategy to deepen customer engagement and drive higher‑tier subscription adoption. In the last two quarters, Salesforce reported EPS of $2.78 in Q4 2024 and $2.58 in Q1 2025, both beating analyst estimates of $2.61 and $2.55 respectively, while revenue reached $9.99 billion and $9.83 billion, slightly below the $10.0 billion and $9.9 billion estimates; the company then posted EPS of $2.91 in Q2 2025 and $3.25 in Q3 2025, again surpassing estimates of $2.78 and $2.86, with revenue of $10.24 billion and $10.26 billion, both above the $10.2 billion and $10.2 billion forecasts. This pattern shows consistent EPS beats across four consecutive quarters, with revenue growth accelerating from 1.5% in Q4 2024 to 1.9% in Q3 2025, indicating a strengthening top‑line momentum. Historically, Salesforce has maintained a YoY revenue growth trajectory of roughly 10–12% over the past three years, while EPS has grown at a slightly higher pace, reflecting improved profitability; the company has frequently outperformed analyst expectations, especially in recent quarters where it has delivered EPS above estimates while revenue has hovered near or slightly above forecasts. Recent news highlights the company’s emphasis on AI value delivery, noting that only a small fraction of customers have upgraded to premium AI‑enabled editions, which could temper short‑term upside; the appointment of Virginia Sharma as chief marketing officer of its Missionforce public‑sector unit signals a strategic push into government AI transformation.

EPS

EstBeatMiss
$2.35$2.78$3.21$3.65$4.08Q4'24Q1'25Q2'25Q3'25Q1'27Q4'26
QtrEstActual+/−
Q4'26$3.12 - -
Q1'27$3.25$3.88+19.4%
Q3'25$2.86$3.25+13.6%
Q2'25$2.78$2.91+4.7%
Q1'25$2.55$2.58+1.3%
Q4'24$2.61$2.78+6.4%

Revenue

EstBeatMiss
$9.6B$10.1B$10.5B$10.9B$11.4BQ4'24Q1'25Q2'25Q3'25Q1'27Q4'26
QtrEstActual+/−
Q4'26$11.1B - -
Q1'27$11.2B$11.1B-0.3%
Q3'25 - $10.3B -
Q2'25 - $10.2B -
Q1'25 - $9.8B -
Q4'24 - $10.0B -

Market Data

CRM Stock Snapshot

NEUTRAL41/100
$236.11+$0.13 (0.1%)
Market cap
200.24B
P/E ratio
20.7
Day range
$233.59 – $240.11
News sentiment
55/100 · Neutral
Analyst target
$285.68 (+21.0%)
Consensus
Buy · 59 analysts
52-week range+61.4% off low · -12.3% from high
$146.32$269.11
Price $236.11 DailyIQ Est. $310.06

CRM sits in the upper part of its 52-week range with the technical picture unresolved. Positioning shifts among large allocators, not retail flow, set the tone for a name this size.

Reverse DCF

What growth is priced into CRM?

CHEAP

At today's price, Salesforce, Inc. needs to grow free cash flow about 4.3% a year for the next 10 years to justify its valuation at a 9.46% cost of capital. Over its actual history it has compounded free cash flow at 29.4% a year, so the market is asking for 25.1 percentage points below its own delivered rate. On that basis CRM looks priced below what its own growth record supports.

Implied FCF growth
4.3%
Historical FCF CAGR
29.4%
Growth gap
-25.1 pts
Verdict
CHEAP
Discount rate (WACC)
9.46%
Beta
0.96

Behaviour On Record

What CRM's own history says about today's numbers

Realized volatility (21d)
28.1% 42nd pct
Below its peak
-34.8%
vs 200-day average
+20.1%
Up days (1y)
49%

Salesforce, Inc. is currently running 28.1% annualised volatility over the last 21 sessions. Measured against CRM's own 13 years of daily returns rather than a market-wide average, that is the 42nd percentile — close to its own typical level, against a typical reading of 30.0%. The distinction matters because a number that looks calm for one stock is turbulent for another, and the absolute figure on its own tells you neither.

CRM is trading -34.8% below its running peak. Across 12 full years on file, its median worst-drawdown-in-a-year was -24.9%, and the deepest was -49.9% in 2022. The current drawdown is already deeper than this stock's typical annual low point, which puts it in the part of its range where past recoveries began — and where past declines also continued.

Price sits +20.1% from its 200-day moving average. Against every other day in its history, that gap ranks at the 86th percentile — a wider gap than this stock usually carries. Over the past year CRM closed higher on 49% of sessions, and it is currently 6 sessions into a rising streak.

On October specifically: over 14 years of records, CRM finished the month higher 11 of 14 times, with a median return of +6.6% and an average of +4.3%. Its strongest month historically has been August at +6.6% on average, its weakest March at -3.8%. Seasonality is a weak signal on its own — a decade is a small sample and regimes change — but it is a real distribution rather than a rule of thumb.

Overnight risk is measurable too: CRM has opened more than 2% away from the prior close in 76 of 3,268 sessions (2.3% of the time), with the largest gaps running +5.0% and -8.2%. For anyone holding through an event, that rate is a better guide to overnight exposure than the intraday range.

All figures computed from 3,269 daily closes between 2013-10-15 and 2026-10-14, split-adjusted, recomputed daily. Percentiles are against CRM's own 13-year history, not a peer group or index.

Sector Rotation

Is money rotating into or out of CRM's sector?

Salesforce, Inc. sits in the Software sector, currently ranked 5th of 12 GICS sectors by relative-strength rotation score (weakening). Within its narrower Software industry group, CRM ranks 3rd of 15 tracked industries, weakening.

Sector rank
#5 of 12
Sector state
Weakening
Sector rotation score
73
Industry rank
#3 of 15

Options Market

What is the options market pricing for CRM?

CallsPuts

For Salesforce, Inc.'s nearest expiry (2026-10-16, 2 days out), open interest is roughly balanced between puts and calls (put/call ratio of 0.85), with at-the-money implied volatility around 42.3%. The options market is pricing roughly a ±3.1% move by that expiry — a range of about $231.94–$246.66.

Put/call ratio (2026-10-16)
0.85
ATM implied volatility
42.3%
Total open interest
71,630
Expected move by 2026-10-16
±3.1% ($231.94–$246.66)

Analyst Rating Changes

Are analysts turning bullish or bearish on CRM?

B of A Securities most recently upgraded Salesforce, Inc. to Buy on Oct 12, 2026 with a price target of $285 (from $160). Over the last 90 days, coverage has run 1 upgrade against 1 downgrade, a net mixed lean.

Latest action
B of A Securities — Buy
90-day upgrades
1
90-day downgrades
1
Net rating momentum
0
DateFirmActionRatingPrice target
Oct 12, 2026B of A SecuritiesUpgradeUnderperform → Buy$160 → $285
Sep 18, 2026CitizensReiteratedMarket Outperform$315
Sep 18, 2026Stephens & Co.ReiteratedEqual-Weight$289
Sep 18, 2026Wells FargoMaintainedEqual-Weight$230 → $250
Sep 17, 2026Freedom BrokerMaintainedBuy$230 → $295
Sep 17, 2026StifelMaintainedBuy$275 → $300
Sep 17, 2026CitigroupMaintainedNeutral$233 → $263
Sep 17, 2026RBC CapitalReiteratedSector Perform$250
Sep 17, 2026BMO CapitalMaintainedOutperform$260 → $285
Sep 17, 2026GuggenheimMaintainedBuy$270 → $300
Sep 17, 2026Canaccord GenuityMaintainedBuy$270 → $300
Sep 17, 2026Cantor FitzgeraldReiteratedOverweight$300

Earnings Release, Scored

What did Salesforce, Inc.'s latest earnings release say?

Filed Aug 26, 2026 · SEC Form 8-K, Exhibit 99

Guidance raised
Tone72.4/ 100+1.7 vs prior release
Hedging words1.35per 100 words-0.56 vs prior release
Tone, last 2 releasesScale 50–78

Most important lines

  1. 1

    cRPO growth accelerates to 14% Y/Y CC; Raises FY27 revenue guidance by $200M, $300M in CC

    Guidance raisedNew this quarter
  2. 2

    Salesforce raises full year FY27 revenue guidance to $46.1 billion to $46.4 billion, up 11% - 12% Y/Y and 11% Y/Y in CC.

    Guidance raised
  3. 3

    Raises full year FY27 subscription and support revenue growth guidance to slightly above 12% Y/Y and slightly under 12% in CC, including slightly above 3pts Informatica contribution

    Guidance raised

Peers & ETF holders

CRM peers & ETF holders

News Sentiment Analysis

Sentiment gathered from recent headlines

55/100
Strong NegativeNeutralStrong Positive
MODERATELY BULLISH

Recent News Coverage

Most recent articles, ranked by recency (click to expand).

10+ articles
What did this article say?
Salesforce (CRM) stock had fallen 3.8% over the past year, underperforming the S&P 500. Executives highlighted the need to deliver new AI value to customers, but noted that most users had not yet adopted the premium AI‑enabled editions. The company is packaging its latest AI features into higher‑tier subscriptions, and only a small fraction of customers have upgraded. The upgrade strategy represents a potential growth driver, yet the current uptake remains limited, tempering enthusiasm for immediate upside.
What did this article say?
Salesforce reported Q2 revenue of $11.35 billion, up 10.8% year‑on‑year, matching analyst forecasts. The company’s cloud‑based CRM platform continued to drive demand amid enterprise cloud migration. Overall, sales‑software peers beat consensus revenue estimates by 1.5%, and guidance for the next quarter remained unchanged. The results reinforced Salesforce’s market position without indicating a material shift in outlook.
What did this article say?
On October 9, analysts from 54 brokerage firms issued a consensus rating for Salesforce (CRM) that leaned heavily toward a Strong Buy, with 36 out of 54 recommendations falling into that category. The average brokerage recommendation (ABR) of 1.69, on a scale where 1 equals Strong Buy, indicates a bullish stance that is more favorable than a simple Buy. While the article cautions against relying solely on brokerage calls, the predominance of Strong Buy opinions suggests a positive market sentiment toward CRM’s valuation and growth prospects. The consensus rating was highlighted as a key factor for investors considering a position in the cloud‑software leader.
What did this article say?
In September 2026, Salesforce appointed Virginia Sharma as chief marketing officer of its Missionforce public‑sector unit. Sharma brings over 25 years of experience from IBM, LinkedIn, JioSaavn and Google, with a track record of scaling cloud and AI adoption in government markets. Her role is expected to strengthen Salesforce’s positioning of Missionforce and its AI platforms as central to digital transformation for public institutions. The hire signals continued investment in public‑sector marketing and AI capabilities, but does not represent a material shift in strategy or financial outlook.
What did this article say?
Salesforce closed the day at $227.80, up 1.44% while the S&P 500 fell 0.47%. The company is expected to report earnings of $3.43 per share and revenue of $11.46 billion for the quarter, up 5.54% and 11.72% YoY, respectively. Full‑year guidance projects earnings of $16.71 per share and revenue of $46.25 billion, rising 33.47% and 11.38% YoY. Investors are watching the upcoming earnings release for confirmation of these estimates.
What did this article say?
Evercore ISI increased its price target for Salesforce (CRM) from $250 to $290, reflecting a more bullish view on the company. The rating was upgraded to overweight, with the new target suggesting stronger earnings prospects. The move signals confidence in Salesforce’s growth trajectory and competitive positioning in the cloud market.
What did this article say?
On October 1, Jim Cramer discussed the third‑quarter software market, noting a rebound in enterprise software after AI‑related fears subsided. He singled out Salesforce (CRM) as his preferred brand, praising its resilience and market position. Cramer contrasted Salesforce with Veeva Systems, which had recently rebounded sharply. The commentary underscored Salesforce’s stability amid a broader sector recovery. No specific financial guidance or material event was announced for Salesforce.
What did this article say?
Salesforce Inc. (CRM) reported a sluggish share performance in 2026, with its stock down 11.41% year‑to‑date. The company highlighted a $25 billion accelerated share repurchase, the largest of its kind, to support its balance sheet amid high leverage. Despite attractive profitability and cash flow metrics, the market remains cautious, awaiting a re‑acceleration of topline growth before a potential re‑rating. The firm’s Agentforce platform has expanded, generating over $1.5 billion in ARR in Q2 FY27, but this growth has not yet translated into a stronger share price.
What did this article say?
Salesforce (CRM) announced that fraud‑prevention specialist Forter would serve as a launch partner for its new Storefront Next commerce platform. The partnership integrates Forter’s trust intelligence and fraud‑protection tools into Salesforce Loyalty Management, enhancing security across customer data and loyalty workflows. By naming Forter its 2027 Partner of the Year for Transform & Scale, Salesforce signals a strategic focus on commerce security and AI‑driven infrastructure. The collaboration is expected to reinforce Salesforce’s competitive positioning in the cloud‑based CRM market.

Technical Analysis

Real-time indicators across multiple timeframes

41
NEUTRAL
Momentum rank against about 1,000 stocks and ETFs for this timeframe.
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Institutional & Hedge Fund Ownership
25 tracked managers · $62.19B combined position · 10 adding, 14 trimming, 1 unchanged (latest 13F filings)
ManagerTrendShares Held% of Co.Position ValueFiled
Vanguard Group Inc▲ Buy89,843,16610.74%$23.80B2026-01-29
BlackRock, Inc.▼ Sell72,748,9098.69%$11.40B2026-08-07
Morgan Stanley▼ Sell23,311,3162.79%$3.65B2026-08-13
Geode Capital Management, LLC▼ Sell19,814,2972.37%$3.10B2026-08-12
Harris Associates L P▲ Buy16,151,2691.93%$2.53B2026-08-14
Bank of America Corp▲ Buy12,218,0901.46%$1.91B2026-08-14
Capital Research Global Investors▼ Sell11,742,8351.40%$1.84B2026-08-12
JPMorgan Chase & Co▲ Buy10,440,9611.25%$1.65B2026-08-12
FMR LLC (Fidelity)▼ Sell9,381,8261.12%$1.47B2026-08-13
Northern Trust Corp▼ Sell8,994,4631.07%$1.41B2026-08-13
Norges Bank▼ Sell8,844,4181.06%$1.39B2026-08-12
Capital World Investors▼ Sell8,687,3651.04%$1.36B2026-08-12
Goldman Sachs Group Inc▼ Sell6,725,3830.80%$1.05B2026-08-14
Loomis Sayles & Co L P▲ Buy6,452,4630.77%$1.01B2026-08-14
Citigroup Inc▲ Buy3,875,8010.46%$607.18M2026-08-03
Fisher Asset Management, LLC▼ Sell3,832,2530.46%$600.36M2026-08-04
Invesco Ltd.▲ Buy3,704,2080.44%$580.30M2026-08-14
Susquehanna International Group, LLP▲ Buy3,651,1800.44%$571.99M2026-08-14
Wells Fargo & Company▼ Sell3,107,7640.37%$486.86M2026-08-14
ValueAct Holdings, L.P.• Hold2,994,5090.36%$469.12M2026-08-14
Wellington Management Group LLP▼ Sell2,197,0320.26%$344.19M2026-08-14
AllianceBernstein L.P.▼ Sell1,827,8410.22%$341.20M2026-08-14
Marshall Wace, LLP▲ Buy2,057,4570.25%$322.32M2026-08-13
Millennium Management LLC▲ Buy1,001,6840.12%$156.92M2026-08-14
Adage Capital Partners GP, L.L.C.▼ Sell879,1390.11%$137.73M2026-08-14
Q2 2026 flow:14.49M sh bought ($2.28B)35.15M sh sold ($5.53B)net -20.66M sh (−$3.25B)
Congressional Trading Activity
25 disclosed trades · ~$322.5K est. traded value · 14 buys, 11 sells
MemberChamberStateTypeAmountTradedFiled
Maria Elvira SalazarHouseFL27▼ Sell$1K - $15K2026-09-242026-10-07
Maria Elvira SalazarHouseFL27▲ Buy$15K - $50K2026-06-022026-07-07
Maria Elvira SalazarHouseFL27▲ Buy$15K - $50K2026-04-062026-05-08
Alan ArmstrongSenateOK▲ Buy$1K - $15K2026-03-272026-07-21
David J. TaylorHouseOH02▼ Sell$15K - $50K2026-02-262026-03-06
David J. TaylorHouseOH02▲ Buy$1K - $15K2026-02-092026-02-20
Julia LetlowHouseLA05▼ Sell$1K - $15K2026-02-022026-03-12
David J. TaylorHouseOH02▲ Buy$1K - $15K2026-01-292026-02-02
Julia LetlowHouseLA05▼ Sell$1K - $15K2025-12-162026-01-13
John BoozmanSenateAR▼ Sell$1K - $15K2025-11-132026-08-24
Valerie HoyleHouseOR04▼ Sell$1K - $15K2025-09-232025-10-10
David J. TaylorHouseOH02▲ Buy$1K - $15K2025-09-032025-09-16
David J. TaylorHouseOH02▲ Buy$1K - $15K2025-08-072025-09-02
Julia LetlowHouseLA05▲ Buy$1K - $15K2025-07-252026-01-13
Lisa McClainHouseMI09▼ Sell$1K - $15K2025-07-162025-08-13
Ritchie John TorresHouseNY15▼ Sell$1K - $15K2025-07-112025-08-20
James ComerHouseKY01▼ Sell$1K - $15K2025-07-032025-08-11
Valerie HoyleHouseOR04▲ Buy$1K - $15K2025-06-262025-09-12
Lisa McClainHouseMI09▲ Buy$1K - $15K2025-06-172025-08-13
David J. TaylorHouseOH02▲ Buy$1K - $15K2025-06-112025-06-26
Josh GottheimerHouseNJ05▼ Sell$1K - $15K2025-06-042025-07-16
Josh GottheimerHouseNJ05▲ Buy$1K - $15K2025-05-222025-06-11
Jefferson ShreveHouseIN06▼ Sell$15K - $50K2025-05-122025-06-22
David J. TaylorHouseOH02▲ Buy$1K - $15K2025-05-122025-06-02
Jefferson ShreveHouseIN06▲ Buy$15K - $50K2025-05-082025-06-22