Salesforce (NYSE:CRM – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 11.090-11.170 for the period, compared to the consensus earnings per share 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.
Analyst Upgrades and Downgrades
Several equities analysts recently weighed in on the stock. Guggenheim cut shares of Salesforce from a “neutral” rating to a “sell” rating and set a $247.00 target price for the company. in a research note on Monday, January 6th. Loop Capital lowered their price objective on Salesforce from $360.00 to $330.00 and set a “hold” rating on the stock in a research report on Wednesday, February 19th. TD Cowen raised shares of Salesforce from a “hold” rating to a “buy” rating and raised their price target for the stock from $380.00 to $400.00 in a research report on Friday, January 17th. Bank of America boosted their price objective on shares of Salesforce from $390.00 to $440.00 and gave the company a “buy” rating in a report on Wednesday, December 4th. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $415.00 target price (up from $385.00) on shares of Salesforce in a report on Wednesday, December 4th. One research analyst has rated the stock with a sell rating, six have given a hold rating, thirty-two have assigned a buy rating and four have given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $374.47.
Check Out Our Latest Research Report on CRM
Salesforce Stock Performance
Salesforce (NYSE:CRM – Get Free Report) last announced its quarterly earnings data on Wednesday, February 26th. The CRM provider reported $2.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.60 by ($0.38). Salesforce had a net margin of 15.96% and a return on equity of 12.34%. As a group, research analysts anticipate that Salesforce will post 7.46 earnings per share for the current year.
Salesforce Announces Dividend
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. This represents a $1.60 dividend on an annualized basis and a yield of 0.52%. The ex-dividend date was Wednesday, December 18th. Salesforce’s payout ratio is 26.32%.
Insider Transactions at Salesforce
In other news, COO Brian Millham sold 16,487 shares of the stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $340.68, for a total transaction of $5,616,791.16. Following the completion of the transaction, the chief operating officer now owns 1,662 shares in the company, valued at approximately $566,210.16. This represents a 90.84 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Amy E. Weaver sold 6,221 shares of Salesforce stock in a transaction dated Tuesday, December 24th. The stock was sold at an average price of $343.00, for a total value of $2,133,803.00. Following the completion of the sale, the chief financial officer now directly owns 53,861 shares of the company’s stock, valued at approximately $18,474,323. This trade represents a 10.35 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 1,102,572 shares of company stock worth $381,283,706 in the last quarter. Insiders own 3.20% of the company’s stock.
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.
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