DA Davidson Forecasts Salesforce’s Q1 Earnings (NYSE:CRM)

Salesforce, Inc. (NYSE:CRM) – Research analysts at DA Davidson issued their Q1 2026 earnings per share (EPS) estimates for shares of Salesforce in a note issued to investors on Thursday, February 27th. DA Davidson analyst G. Luria anticipates that the CRM provider will earn $1.86 per share for the quarter. DA Davidson has a “Neutral” rating and a $275.00 price objective on the stock. The consensus estimate for Salesforce’s current full-year earnings is $7.46 per share.

Salesforce (NYSE:CRM) last announced its quarterly earnings data 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). Salesforce had a net margin of 15.96% and a return on equity of 12.34%. The firm had revenue of $9.44 billion during the quarter, compared to analysts’ expectations of $9.35 billion. During the same period in the prior year, the company posted $1.62 EPS. The company’s revenue for the quarter was up 8.3% compared to the same quarter last year.

Several other research analysts have also weighed in on CRM. Erste Group Bank upgraded Salesforce from a “hold” rating to a “buy” rating in a research report on Tuesday, November 19th. JPMorgan Chase & Co. increased their price target on Salesforce from $340.00 to $380.00 and gave the stock an “overweight” rating in a report on Wednesday, December 4th. Morgan Stanley raised their price objective on Salesforce from $330.00 to $405.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 4th. Needham & Company LLC reaffirmed a “buy” rating and issued a $400.00 target price on shares of Salesforce in a research report on Thursday. Finally, Wells Fargo & Company dropped their price target 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. Two investment analysts have rated the stock with a sell rating, five have given a hold rating, thirty-two have issued a buy rating and four have given a strong buy rating to the company’s stock. Based on data from MarketBeat, Salesforce presently has a consensus rating of “Moderate Buy” and an average price target of $365.32.

Salesforce Stock Performance

Salesforce stock opened at $297.63 on Friday. The firm has a 50 day simple moving average of $329.11 and a 200-day simple moving average of $307.21. The stock has a market cap of $284.83 billion, a price-to-earnings ratio of 48.95, a price-to-earnings-growth ratio of 2.58 and a beta of 1.31. 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 1-year low of $212.00 and a 1-year high of $369.00.

Salesforce Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Wednesday, December 18th were paid a $0.40 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $1.60 annualized dividend and a dividend yield of 0.54%. Salesforce’s dividend payout ratio (DPR) is currently 26.32%.

Insiders Place Their Bets

In other Salesforce 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 value of $144,874.08. Following the sale, the chief accounting officer now owns 7,057 shares of the company’s stock, valued at approximately $2,344,899.96. This represents a 5.82 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Marc Benioff sold 317,105 shares of the stock in a transaction that occurred on Wednesday, December 18th. The shares were sold at an average price of $346.78, for a total transaction of $109,965,671.90. Following the completion of the sale, the chief executive officer now owns 12,162,457 shares in the company, valued at $4,217,696,838.46. This represents a 2.54 % 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 owned by insiders.

Institutional Trading of Salesforce

Several hedge funds and other institutional investors have recently bought and sold shares of CRM. Park Square Financial Group LLC purchased a new stake in shares of Salesforce in the fourth quarter valued at $190,000. Total Wealth Planning & Management Inc. acquired a new position in shares of Salesforce in the 4th quarter valued at $284,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Salesforce in the fourth quarter valued at $392,649,000. Brooklyn FI LLC acquired a new stake in Salesforce during the fourth quarter worth about $2,921,000. Finally, Brucke Financial Inc. purchased a new position in Salesforce in the fourth quarter valued at approximately $1,449,000. 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.