Sanford C. Bernstein Issues Positive Forecast for Salesforce (NYSE:CRM) Stock Price

May 30, 2025

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Salesforce (NYSE:CRM – Free Report) had its price target upped by Sanford C. Bernstein from $243.00 to $255.00 in a research note published on Thursday morning,Benzinga reports. They currently have an underperform rating on the CRM provider’s stock.

A number of other analysts have also recently weighed in on the stock. Macquarie restated a “neutral” rating and issued a $320.00 price objective on shares of Salesforce in a research note on Thursday, March 20th. Stephens began coverage on shares of Salesforce in a research report on Wednesday, March 19th. They set an “equal weight” rating and a $311.00 target price for the company. BMO Capital Markets lowered their price target on Salesforce from $367.00 to $350.00 and set an “outperform” rating on the stock in a research report on Tuesday. Guggenheim raised Salesforce from a “sell” rating to a “neutral” rating in a research report on Monday, April 21st. Finally, Oppenheimer restated an “outperform” rating and set a $370.00 target price (down previously from $380.00) on shares of Salesforce in a research note on Thursday. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating, thirty have assigned a buy rating and five have assigned a strong buy rating to the stock. According to data from MarketBeat.com, Salesforce currently has an average rating of “Moderate Buy” and an average price target of $342.90.

View Our Latest Stock Report on CRM

Salesforce Stock Performance

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Shares of NYSE CRM opened at $267.36 on Thursday. The stock’s fifty day simple moving average is $267.78 and its 200 day simple moving average is $305.28. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $257.03 billion, a price-to-earnings ratio of 43.97, a PEG ratio of 2.58 and a beta of 1.42. Salesforce has a 52-week low of $212.00 and a 52-week high of $369.00.

Salesforce (NYSE:CRM – Get Free Report) last issued its quarterly earnings data on Wednesday, May 28th. The CRM provider reported $2.58 EPS for the quarter, beating analysts’ consensus estimates of $2.55 by $0.03. Salesforce had a return on equity of 12.34% and a net margin of 15.96%. The business had revenue of $9.83 billion for the quarter, compared to analyst estimates of $9.74 billion. During the same quarter in the prior year, the firm posted $2.44 EPS. The firm’s revenue for the quarter was up 7.6% on a year-over-year basis. As a group, sell-side analysts forecast that Salesforce will post 7.46 earnings per share for the current fiscal year.

Salesforce Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 24th. Investors of record on Thursday, April 10th were issued a $0.42 dividend. This is a positive change from Salesforce’s previous quarterly dividend of $0.40. This represents a $1.68 annualized dividend and a yield of 0.63%. The ex-dividend date was Thursday, April 10th. Salesforce’s dividend payout ratio is currently 25.98%.

Insider Buying and Selling at Salesforce

In related news, CAO Sundeep G. Reddy sold 1,909 shares of Salesforce stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $284.58, for a total transaction of $543,263.22. Following the transaction, the chief accounting officer now owns 11,310 shares of the company’s stock, valued at $3,218,599.80. This trade represents a 14.44% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Miguel Milano sold 705 shares of the company’s stock in a transaction that occurred on Friday, May 23rd. The shares were sold at an average price of $279.44, for a total transaction of $197,005.20. Following the completion of the sale, the insider now directly owns 9,323 shares of the company’s stock, valued at $2,605,219.12. The trade was a 7.03% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 46,553 shares of company stock valued at $12,897,323. 3.20% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Norges Bank acquired a new stake in Salesforce in the 4th quarter valued at approximately $3,599,867,000. Nuveen LLC bought a new position in Salesforce during the first quarter worth about $2,039,196,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its position in Salesforce by 926.4% during the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 4,256,211 shares of the CRM provider’s stock worth $1,422,979,000 after buying an additional 3,841,521 shares during the last quarter. GAMMA Investing LLC lifted its position in shares of Salesforce by 30,456.9% in the first quarter. GAMMA Investing LLC now owns 3,801,588 shares of the CRM provider’s stock valued at $1,020,194,000 after buying an additional 3,789,147 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in shares of Salesforce during the 4th quarter worth approximately $1,173,564,000. 80.43% of the stock is owned by institutional investors and hedge funds.

About Salesforce

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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.