Q1 Earnings Estimate for Salesforce Issued By Zacks Research

Salesforce, Inc. (NYSE:CRM - Free Report) - Investment analysts at Zacks Research dropped their Q1 2026 earnings per share (EPS) estimates for shares of Salesforce in a research report issued to clients and investors on Wednesday, March 19th. Zacks Research analyst R. Department now expects that the CRM provider will post earnings per share of $1.92 for the quarter, down from their previous estimate of $1.93. The consensus estimate for Salesforce's current full-year earnings is $7.46 per share. Zacks Research also issued estimates for Salesforce's Q2 2026 earnings at $2.08 EPS, Q3 2026 earnings at $2.14 EPS, Q4 2026 earnings at $2.35 EPS, FY2026 earnings at $8.49 EPS, Q1 2027 earnings at $2.25 EPS, Q2 2027 earnings at $2.37 EPS, Q3 2027 earnings at $2.44 EPS, Q4 2027 earnings at $2.65 EPS, FY2027 earnings at $9.71 EPS and FY2028 earnings at $11.53 EPS.

CRM has been the subject of a number of other reports. Piper Sandler restated an "overweight" rating on shares of Salesforce in a report on Wednesday, March 19th. Wells Fargo & Company cut their price objective on Salesforce from $345.00 to $310.00 and set an "equal weight" rating on the stock in a research note on Thursday, February 27th. Macquarie reissued a "neutral" rating and set a $320.00 target price on shares of Salesforce in a research report on Thursday, March 20th. KeyCorp upgraded shares of Salesforce from a "sector weight" rating to an "overweight" rating and set a $440.00 price target on the stock in a research report on Friday, December 13th. Finally, Royal Bank of Canada increased their price objective on shares of Salesforce from $300.00 to $420.00 and gave the stock an "outperform" rating in a research report on Wednesday, December 4th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, thirty-one have issued a buy rating and five have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Salesforce presently has an average rating of "Moderate Buy" and a consensus price target of $362.74.

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Salesforce Price Performance

Shares of CRM stock traded down $3.11 on Monday, reaching $277.88. The company had a trading volume of 3,755,178 shares, compared to its average volume of 6,379,178. The business's 50-day moving average is $311.35 and its 200 day moving average is $310.74. The stock has a market capitalization of $267.04 billion, a PE ratio of 45.70, a price-to-earnings-growth ratio of 2.58 and a beta of 1.35. Salesforce has a one year low of $212.00 and a one year high of $369.00. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.14.

Hedge Funds Weigh In On Salesforce

A number of institutional investors and hedge funds have recently bought and sold shares of the business. State Street Corp raised its holdings in Salesforce by 1.8% in the 3rd quarter. State Street Corp now owns 49,007,404 shares of the CRM provider's stock valued at $13,432,855,000 after buying an additional 864,193 shares during the period. Geode Capital Management LLC boosted its holdings in Salesforce by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 19,955,353 shares of the CRM provider's stock valued at $6,656,078,000 after purchasing an additional 175,035 shares during the period. Fisher Asset Management LLC increased its holdings in Salesforce by 1.4% during the 4th quarter. Fisher Asset Management LLC now owns 12,453,872 shares of the CRM provider's stock worth $4,163,703,000 after purchasing an additional 177,321 shares during the period. Northern Trust Corp raised its position in Salesforce by 18.3% in the 4th quarter. Northern Trust Corp now owns 11,224,927 shares of the CRM provider's stock valued at $3,752,830,000 after purchasing an additional 1,736,667 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of Salesforce during the fourth quarter worth approximately $3,599,867,000. 80.43% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CAO Sundeep G. Reddy sold 436 shares of the company's stock in a transaction on Thursday, January 23rd. The stock was sold at an average price of $332.28, for a total transaction of $144,874.08. Following the completion of the sale, the chief accounting officer now directly owns 7,057 shares in the company, valued at $2,344,899.96. This represents a 5.82 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Parker Harris sold 3,273 shares of the firm's stock in a transaction on Monday, March 24th. The stock was sold at an average price of $284.58, for a total value of $931,430.34. Following the completion of the transaction, the insider now owns 125,146 shares of the company's stock, valued at $35,614,048.68. This trade represents a 2.55 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 43,875 shares of company stock valued at $13,580,649 in the last ninety days. 3.20% of the stock is currently owned by company insiders.

About Salesforce

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.