Salesforce Inc. (NYSE:CRM) Short Interest Update

Salesforce Inc. (NYSE:CRMGet Free Report) saw a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 29,406,370 shares, a decline of 36.7% from the July 15th total of 46,465,690 shares. Based on an average daily trading volume, of 13,243,191 shares, the days-to-cover ratio is currently 2.2 days. Currently, 3.7% of the shares of the company are short sold.

Salesforce Price Performance

Salesforce stock traded up $9.97 during mid-day trading on Wednesday, reaching $206.11. The company had a trading volume of 10,722,127 shares, compared to its average volume of 13,684,681. The stock’s 50-day simple moving average is $172.00 and its 200-day simple moving average is $181.47. Salesforce has a 1 year low of $146.32 and a 1 year high of $269.11. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.79 and a quick ratio of 0.79. The company has a market capitalization of $168.80 billion, a P/E ratio of 23.84, a P/E/G ratio of 1.06 and a beta of 1.16.

Salesforce (NYSE:CRMGet Free Report) last announced its quarterly earnings results on Wednesday, May 27th. The CRM provider reported $3.88 EPS for the quarter, topping the consensus estimate of $3.13 by $0.75. Salesforce had a return on equity of 18.72% and a net margin of 18.73%.The business had revenue of $11.13 billion for the quarter, compared to analyst estimates of $11.05 billion. During the same quarter in the previous year, the company earned $2.58 EPS. The company’s quarterly revenue was up 13.3% on a year-over-year basis. Salesforce has set its FY 2027 guidance at 14.060-14.120 EPS and its Q2 2027 guidance at 3.250-3.270 EPS. On average, equities analysts predict that Salesforce will post 10.27 EPS for the current year.

Salesforce Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Thursday, June 11th were issued a $0.44 dividend. The ex-dividend date of this dividend was Thursday, June 11th. This represents a $1.76 annualized dividend and a yield of 0.9%. Salesforce’s dividend payout ratio is 20.37%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on CRM shares. B. Riley Financial lifted their target price on shares of Salesforce from $205.00 to $240.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Daiwa Securities Group decreased their price target on shares of Salesforce from $295.00 to $280.00 and set a “buy” rating for the company in a research note on Tuesday, June 2nd. HC Wainwright downgraded shares of Salesforce to a “negative” rating in a research report on Thursday, June 18th. Weiss Ratings upgraded shares of Salesforce from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, August 12th. Finally, BTIG Research reaffirmed a “buy” rating and issued a $255.00 target price on shares of Salesforce in a report on Tuesday, May 26th. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, eighteen have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, Salesforce currently has an average rating of “Moderate Buy” and a consensus price target of $249.49.

Get Our Latest Stock Analysis on Salesforce

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. BlackRock Inc. acquired a new position in Salesforce during the second quarter worth about $11,396,844,000. J. Stern & Co. LLP grew its position in shares of Salesforce by 24,056.7% in the fourth quarter. J. Stern & Co. LLP now owns 47,385,511 shares of the CRM provider’s stock valued at $12,552,896,000 after purchasing an additional 47,189,352 shares during the last quarter. Bank of America Corp DE acquired a new stake in shares of Salesforce in the second quarter valued at approximately $1,914,086,000. Norges Bank purchased a new position in shares of Salesforce during the 4th quarter worth approximately $3,182,951,000. Finally, Arrowstreet Capital Limited Partnership increased its stake in shares of Salesforce by 130.2% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 12,659,217 shares of the CRM provider’s stock worth $2,363,096,000 after purchasing an additional 7,160,302 shares in the last quarter. Institutional investors and hedge funds own 80.43% of the company’s stock.

Trending Headlines about Salesforce

Here are the key news stories impacting Salesforce this week:

  • Positive Sentiment: Agentforce momentum is the strongest catalyst. Salesforce’s Agentforce annual recurring revenue reportedly surged 205% as customers expanded AI usage and integrated the platform more deeply into their CRM workflows. This supports the view that Salesforce can monetize enterprise AI while strengthening customer retention. Will Agentforce Help Salesforce Stay Ahead in the Enterprise AI Race?
  • Positive Sentiment: Sector rotation is helping CRM. Investors have moved money from semiconductor stocks into underperforming software names, contributing to Salesforce’s recent rebound and renewed attention ahead of its earnings report. Netflix, Salesforce, and Adobe Rally as Investors Rotate Out of Semiconductors and Into Beaten Down Stocks
  • Positive Sentiment: Jim Cramer defended Salesforce and other profitable enterprise-software companies against “extinction” fears, arguing that the market’s software selloff has been excessive. This may improve sentiment but is not a fundamental earnings catalyst. Jim Cramer Defends Software Giants
  • Positive Sentiment: Salesforce’s participation in Anthropic’s funding rounds and Claude integrations could provide indirect exposure to the rapidly growing enterprise-AI company ahead of a potential IPO. However, the value of any investment gains is uncertain. The Pre-IPO Playbook: How to Cash in on Anthropic Before the Bell
  • Neutral Sentiment: Salesforce CEO Marc Benioff is scheduled to keynote an AI conference, highlighting the company’s enterprise-AI strategy and product direction. The event could generate visibility but does not yet represent a new financial forecast or contract. Salesforce CEO Marc Benioff to Open 2026 AI Unleashed Summit
  • Negative Sentiment: Zacks cautions that Salesforce may lack the typical combination of estimate revisions and earnings-surprise indicators associated with a likely earnings beat. This creates near-term event risk ahead of the upcoming report. Salesforce Earnings Expected to Grow

About Salesforce

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Salesforce, founded in 1999 and headquartered in San Francisco, is a global provider of cloud-based software focused on customer relationship management (CRM) and enterprise applications. The company popularized the software-as-a-service (SaaS) model for CRM and has built a broad portfolio of products designed to help organizations manage sales, service, marketing, commerce and analytics through a unified, cloud-first platform.

Core offerings include Sales Cloud for sales automation, Service Cloud for customer support, Marketing Cloud for digital marketing and engagement, and Commerce Cloud for e-commerce.

Further Reading

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