Zacks Research Estimates Salesforce's Q1 Earnings (NYSE:CRM)

Salesforce, Inc. (NYSE:CRM - Free Report) - Zacks Research lowered their Q1 2026 EPS estimates for shares of Salesforce in a research note issued on Wednesday, March 19th. Zacks Research analyst R. Department now forecasts that the CRM provider will post earnings of $1.92 per share for the quarter, down from their prior 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.

Several other equities research analysts have also commented on CRM. Wedbush reaffirmed an "outperform" rating and set a $425.00 price target on shares of Salesforce in a research report on Wednesday, December 18th. Wells Fargo & Company cut their price objective on shares of Salesforce from $345.00 to $310.00 and set an "equal weight" rating for the company in a research report on Thursday, February 27th. Jefferies Financial Group lifted their target price on Salesforce from $400.00 to $425.00 and gave the company a "buy" rating in a research report on Wednesday, December 4th. Citigroup reaffirmed a "buy" rating on shares of Salesforce in a research note on Wednesday, March 19th. Finally, Needham & Company LLC restated a "buy" rating and set a $400.00 target price on shares of Salesforce in a research note on Thursday, February 27th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, thirty-one have assigned a buy rating and five have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $362.74.

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Salesforce Stock Performance

Shares of CRM traded down $3.11 during trading hours on Monday, hitting $277.88. The stock had a trading volume of 3,755,356 shares, compared to its average volume of 6,389,262. The firm has a market capitalization of $267.04 billion, a PE ratio of 45.70, a PEG ratio of 2.58 and a beta of 1.35. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.11 and a quick ratio of 1.11. Salesforce has a 12 month low of $212.00 and a 12 month high of $369.00. The stock has a fifty day moving average price of $310.49 and a 200 day moving average price of $310.51.

Salesforce Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 24th. Stockholders of record on Thursday, April 10th will be issued a $0.42 dividend. This is a boost from Salesforce's previous quarterly dividend of $0.40. This represents a $1.68 dividend on an annualized basis and a dividend yield of 0.60%. Salesforce's dividend payout ratio is presently 25.16%.

Insider Buying and Selling

In other Salesforce news, insider R David Schmaier sold 1,785 shares of the company's stock in a transaction on Wednesday, March 26th. The stock was sold at an average price of $288.34, for a total value of $514,686.90. Following the completion of the sale, the insider now directly owns 29,190 shares in the company, valued at approximately $8,416,644.60. This represents a 5.76 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Amy E. Weaver sold 6,221 shares of the firm's stock in a transaction on Monday, March 17th. The shares were sold at an average price of $277.37, for a total value of $1,725,518.77. Following the transaction, the chief financial officer now owns 46,750 shares in the company, valued at approximately $12,967,047.50. This represents a 11.74 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 45,660 shares of company stock valued at $14,095,336 in the last 90 days. Company insiders own 3.20% of the company's stock.

Hedge Funds Weigh In On Salesforce

Several institutional investors have recently bought and sold shares of the business. Fire Capital Management LLC purchased a new stake in Salesforce during the fourth quarter worth $1,326,000. Fairtree Asset Management Pty Ltd bought a new position in shares of Salesforce in the 4th quarter worth $431,000. M1 Capital Management LLC bought a new position in shares of Salesforce in the 4th quarter worth $347,000. DSG Capital Advisors LLC purchased a new stake in shares of Salesforce during the 4th quarter worth $3,237,000. Finally, 111 Capital bought a new stake in Salesforce during the fourth quarter valued at about $1,808,000. 80.43% of the stock is owned by hedge funds and other institutional investors.

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.