Salesforce FY2026 EPS Estimate Boosted by Cantor Fitzgerald

Salesforce Inc. (NYSE:CRM) – Stock analysts at Cantor Fitzgerald raised their FY2026 earnings per share (EPS) estimates for shares of Salesforce in a note issued to investors on Thursday, September 4th. Cantor Fitzgerald analyst M. Vanvliet now forecasts that the CRM provider will post earnings per share of $8.58 for the year, up from their prior forecast of $8.55. Cantor Fitzgerald has a “Overweight” rating and a $325.00 price objective on the stock. The consensus estimate for Salesforce’s current full-year earnings is $7.46 per share.

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

Several other brokerages also recently issued reports on CRM. Wells Fargo & Company cut their price target on Salesforce from $275.00 to $265.00 and set an “equal weight” rating on the stock in a report on Thursday. Morgan Stanley raised their price target on Salesforce from $404.00 to $405.00 and gave the stock an “overweight” rating in a report on Tuesday. Canaccord Genuity Group cut their price target on Salesforce from $350.00 to $300.00 and set a “buy” rating on the stock in a report on Thursday. Stephens cut their price target on Salesforce from $311.00 to $309.00 and set an “equal weight” rating on the stock in a report on Friday, May 30th. Finally, JMP Securities reissued a “market outperform” rating and issued a $430.00 price target on shares of Salesforce in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Salesforce has a consensus rating of “Moderate Buy” and a consensus target price of $331.34.

Salesforce Trading Up 2.6%

NYSE:CRM opened at $250.40 on Friday. The company 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. Salesforce has a 52 week low of $226.48 and a 52 week high of $369.00. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.14. The business’s 50 day moving average is $255.64 and its two-hundred day moving average is $267.08.

Salesforce Announces Dividend

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

Insider Activity

In other news, CEO Marc Benioff sold 2,250 shares of Salesforce stock in a transaction on Wednesday, July 16th. The stock was sold at an average price of $257.02, for a total transaction of $578,295.00. Following the transaction, the chief executive officer directly owned 11,911,571 shares in the company, valued at approximately $3,061,511,978.42. This trade represents a 0.02% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In the last 90 days, insiders sold 66,077 shares of company stock worth $16,885,773. 3.00% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Salesforce

Institutional investors and hedge funds have recently modified their holdings of the stock. Bernard Wealth Management Corp. acquired a new stake in shares of Salesforce during the fourth quarter worth $25,000. Painted Porch Advisors LLC raised its position in shares of Salesforce by 260.0% during the second quarter. Painted Porch Advisors LLC now owns 90 shares of the CRM provider’s stock worth $25,000 after purchasing an additional 65 shares during the period. Evolution Wealth Management Inc. acquired a new stake in shares of Salesforce during the second quarter worth $27,000. Capital A Wealth Management LLC raised its position in Salesforce by 450.0% during the first quarter. Capital A Wealth Management LLC now owns 110 shares of the CRM provider’s stock valued at $30,000 after buying an additional 90 shares during the period. Finally, CBIZ Investment Advisory Services LLC raised its position in Salesforce by 314.8% during the first quarter. CBIZ Investment Advisory Services LLC now owns 112 shares of the CRM provider’s stock valued at $30,000 after buying an additional 85 shares during the period. 80.43% of the stock is owned by institutional investors and hedge funds.

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.