FY2026 EPS Estimates for Salesforce Boosted by DA Davidson

Salesforce Inc. (NYSE:CRM) – Research analysts at DA Davidson raised their FY2026 earnings per share (EPS) estimates for shares of Salesforce in a note issued to investors on Thursday, September 4th. DA Davidson analyst G. Luria now anticipates that the CRM provider will earn $8.58 per share for the year, up from their previous forecast of $8.52. DA Davidson has a “Neutral” rating and a $225.00 price objective on the stock. The consensus estimate for Salesforce’s current full-year earnings is $7.46 per share. DA Davidson also issued estimates for Salesforce’s FY2027 earnings at $9.66 EPS.

Salesforce (NYSE:CRM) last released its quarterly earnings results on Wednesday, September 3rd. The CRM provider reported $2.91 earnings per share for the quarter, topping analysts’ consensus estimates of $2.78 by $0.13. The business had revenue of $10.24 billion during the quarter, compared to analysts’ expectations of $10.14 billion. Salesforce had a return on equity of 13.34% and a net margin of 16.87%.The company’s revenue was up 9.8% compared to the same quarter last year. During the same period in the prior year, the business posted $2.56 EPS. Salesforce has set its FY 2026 guidance at 11.330-11.370 EPS. Q3 2026 guidance at 2.840-2.860 EPS.

Other equities analysts have also issued research reports about the company. Stifel Nicolaus decreased their target price on Salesforce from $375.00 to $325.00 and set a “buy” rating on the stock in a research note on Wednesday, August 13th. Piper Sandler decreased their target price on Salesforce from $335.00 to $315.00 and set an “overweight” rating on the stock in a research note on Thursday. Morgan Stanley increased their target price on Salesforce from $404.00 to $405.00 and gave the stock an “overweight” rating in a research note on Tuesday. Barclays decreased their target price on Salesforce from $347.00 to $316.00 and set an “overweight” rating on the stock in a research note on Monday, August 18th. Finally, JMP Securities reissued a “market outperform” rating and set a $430.00 target price on shares of Salesforce in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $331.34.

Salesforce Stock Performance

NYSE CRM opened at $250.40 on Friday. The stock has a market cap of $239.39 billion, a PE ratio of 36.40, a P/E/G ratio of 2.21 and a beta of 1.22. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.14. Salesforce has a twelve month low of $226.48 and a twelve month high of $369.00. The stock has a fifty day simple moving average of $255.64 and a 200-day simple moving average of $267.08.

Institutional Investors Weigh In On Salesforce

Several hedge funds and other institutional investors have recently made changes to their positions in CRM. Bernard Wealth Management Corp. acquired a new stake in shares of Salesforce during the 4th quarter worth about $25,000. Painted Porch Advisors LLC grew its stake in Salesforce by 260.0% during the 2nd quarter. Painted Porch Advisors LLC now owns 90 shares of the CRM provider’s stock worth $25,000 after buying an additional 65 shares during the last quarter. Evolution Wealth Management Inc. purchased a new position in Salesforce during the 2nd quarter worth approximately $27,000. Capital A Wealth Management LLC grew its stake in Salesforce by 450.0% during the 1st quarter. Capital A Wealth Management LLC now owns 110 shares of the CRM provider’s stock worth $30,000 after buying an additional 90 shares during the last quarter. Finally, CBIZ Investment Advisory Services LLC grew its stake in Salesforce by 314.8% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 112 shares of the CRM provider’s stock worth $30,000 after buying an additional 85 shares during the last quarter. Institutional investors and hedge funds own 80.43% of the company’s stock.

Insider Buying and Selling at Salesforce

In other news, CEO Marc Benioff sold 2,250 shares of the firm’s stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $241.50, for a total transaction of $543,375.00. Following the sale, the chief executive officer owned 11,911,571 shares of the company’s stock, valued at approximately $2,876,644,396.50. This trade represents a 0.02% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last quarter, insiders sold 66,077 shares of company stock worth $16,885,773. 3.00% of the stock is currently owned by company insiders.

Salesforce Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 9th. Shareholders of record on Wednesday, September 17th will be given a $0.416 dividend. The ex-dividend date of this dividend is Wednesday, September 17th. This represents a $1.66 dividend on an annualized basis and a yield of 0.7%. Salesforce’s dividend payout ratio (DPR) is currently 25.98%.

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.