United Capital Financial Advisors LLC Takes Position in Salesforce Inc. $CRM

United Capital Financial Advisors LLC purchased a new stake in Salesforce Inc. (NYSE:CRM) during the second quarter, according to its most recent filing with the SEC. The firm purchased 79,316 shares of the CRM provider’s stock, valued at approximately $12,426,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Commonwealth Retirement Investments LLC bought a new position in shares of Salesforce during the fourth quarter worth $25,000. Gilpin Wealth Management LLC bought a new stake in shares of Salesforce in the 4th quarter valued at $26,000. Birchwood Financial Partners Inc. acquired a new stake in Salesforce during the 4th quarter worth $28,000. Swiss RE Ltd. acquired a new stake in Salesforce during the 4th quarter worth $28,000. Finally, Dogwood Wealth Management LLC lifted its holdings in Salesforce by 285.7% during the fourth quarter. Dogwood Wealth Management LLC now owns 108 shares of the CRM provider’s stock worth $29,000 after acquiring an additional 80 shares in the last quarter. Institutional investors own 80.43% of the company’s stock.

Wall Street Analysts Forecast Growth

CRM has been the subject of several recent analyst reports. Oppenheimer restated an “outperform” rating and issued a $275.00 price target (up from $250.00) on shares of Salesforce in a report on Thursday. Evercore reiterated an “outperform” rating on shares of Salesforce in a report on Thursday. Royal Bank Of Canada boosted their price objective on Salesforce from $210.00 to $250.00 and gave the company a “sector perform” rating in a research report on Thursday. Susquehanna started coverage on Salesforce in a research note on Wednesday, July 1st. They set a “neutral” rating for the company. Finally, DA Davidson raised their target price on shares of Salesforce from $175.00 to $200.00 and gave the stock a “neutral” rating in a report on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, sixteen have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $261.15.

Trending Headlines about Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Strong quarterly performance: Salesforce reported adjusted EPS of $5.90, well above the $3.27 consensus, while revenue rose 10.8% year over year to $11.35 billion, slightly exceeding expectations. Profit was also helped by gains on strategic investments, including Salesforce’s stake in Anthropic. Salesforce stock jumps on AI growth and Anthropic investment gain
• Positive Sentiment: Raised outlook: Management lifted fiscal 2027 revenue guidance to $46.1 billion-$46.4 billion and EPS guidance to $16.67-$16.71. Third-quarter EPS guidance of $3.42-$3.44 also topped the $3.16 analyst estimate, signaling confidence in demand and profitability. Salesforce raises annual revenue forecasts on AI product momentum
• Positive Sentiment: AI adoption is gaining traction: Current remaining performance obligations accelerated 14% in constant currency, while Agentforce and Data 360 annual recurring revenue approached $3.9 billion. Reports also highlighted a sixfold increase in AI usage, supporting the view that AI may expand Salesforce’s platform rather than replace it. Jim Cramer says Nvidia and Salesforce earnings upended two bear narratives
• Positive Sentiment: Anthropic partnership expands Salesforce’s AI offering: The “Claudeforce” initiative integrates Anthropic’s Claude with Salesforce workflows, data and governance, including prebuilt sales skills. Investors view the partnership as a potential catalyst for Agentforce adoption and AI monetization. Salesforce and Anthropic announce Claudeforce
• Positive Sentiment: Analyst reaction improved: JPMorgan, Mizuho, BMO, Truist and Monness Crespi raised their price targets, with targets ranging from $260 to $300; Needham maintained a Buy rating with a $400 target. The results were widely described as weakening the “SaaSpocalypse” bear thesis. Salesforce Q2 results squash SaaSpocalypse fears

Salesforce Stock Performance

CRM opened at $252.15 on Friday. The company has a market capitalization of $206.51 billion, a price-to-earnings ratio of 22.99, a P/E/G ratio of 1.11 and a beta of 1.16. The business’s 50-day moving average price is $179.14 and its two-hundred day moving average price is $182.03. Salesforce Inc. 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.

Salesforce (NYSE:CRM) last posted its quarterly earnings data on Wednesday, August 26th. The CRM provider reported $5.90 earnings per share for the quarter, topping the consensus estimate of $3.27 by $2.63. The company had revenue of $11.35 billion during the quarter, compared to analysts’ expectations of $11.33 billion. Salesforce had a return on equity of 23.35% and a net margin of 21.99%.Salesforce’s revenue for the quarter was up 10.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.91 earnings per share. Salesforce has set its FY 2027 guidance at 16.670-16.710 EPS and its Q3 2027 guidance at 3.420-3.440 EPS. Equities analysts expect that Salesforce Inc. will post 10.27 EPS for the current fiscal year.

Salesforce Profile

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.