Salesforce (NYSE:CRM) Price Target Raised to $195.00

Salesforce (NYSE:CRM) had its price objective increased by Sanford C. Bernstein from $173.00 to $195.00 in a report released on Thursday morning,Benzinga reports. They currently have an underperform rating on the CRM provider’s stock.

A number of other equities analysts have also commented on the company. Wolfe Research lowered Salesforce from an “outperform” rating to a “hold” rating in a research note on Wednesday, July 1st. Evercore reiterated an “outperform” rating on shares of Salesforce in a research report on Thursday. Piper Sandler lowered Salesforce from an “overweight” rating to a “neutral” rating in a report on Thursday, May 28th. The Goldman Sachs Group restated a “buy” rating on shares of Salesforce in a research report on Thursday. Finally, Weiss Ratings raised shares of Salesforce from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, August 12th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, fifteen have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, Salesforce has a consensus rating of “Moderate Buy” and a consensus target price of $261.15.

Salesforce Stock Performance

Shares of NYSE:CRM opened at $256.60 on Thursday. The company’s 50 day moving average price is $181.24 and its two-hundred day moving average price is $182.55. Salesforce has a 12-month low of $146.32 and a 12-month high of $269.11. The firm has a market cap of $210.16 billion, a PE ratio of 23.39, a PEG ratio of 1.38 and a beta of 1.16. The company has a quick ratio of 0.79, a current ratio of 0.84 and a debt-to-equity ratio of 1.02.

Salesforce (NYSE:CRM) last announced its earnings results on Wednesday, August 26th. The CRM provider reported $5.90 EPS for the quarter, topping the consensus estimate of $3.27 by $2.63. Salesforce had a net margin of 21.99% and a return on equity of 24.90%. The company had revenue of $11.35 billion for the quarter, compared to analysts’ expectations of $11.33 billion. During the same period last year, the firm earned $2.91 earnings per share. The business’s revenue for the quarter was up 10.8% on a year-over-year basis. 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 research analysts predict that Salesforce will post 12.77 earnings per share for the current year.

Institutional Trading of Salesforce

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

Trending Headlines about Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Strong quarterly beat and raised outlook: Salesforce reported adjusted EPS of $5.90 versus the $3.27 consensus estimate, while revenue rose 10.8% year over year to $11.35 billion, broadly topping expectations. Management raised its fiscal 2027 revenue outlook to approximately $46.1 billion-$46.4 billion and pointed to stronger bookings, lower attrition and potential organic growth reacceleration. Salesforce Stock Soars After Strong Results, Raised Outlook
• Positive Sentiment: AI partnership strengthens the growth narrative: Salesforce expanded its alliance with Anthropic, integrating Claude into Agentforce and launching “Claudeforce,” which places Salesforce CRM capabilities inside Claude. Investors viewed the agreement as evidence that Salesforce can monetize AI and benefit from rising usage; Agentforce and Data 360 annual recurring revenue approached $3.9 billion, with Agentforce ARR reaching about $1.5 billion. Salesforce Soars on Earnings Beat and AI Partnership
• Positive Sentiment: Analyst and institutional support: Wolfe Research upgraded CRM to “strong buy,” while several firms raised price targets, including Truist to $300, JPMorgan to $265 and Mizuho to $265. Heavy trading and reports of institutional buying suggest investors are reassessing the stock’s valuation and the broader software sector’s AI prospects.
• Neutral Sentiment: Profit quality warrants scrutiny: Strategic investment gains contributed $2.53 of the $5.90 adjusted EPS, including an estimated $2.7 billion unrealized gain tied to Salesforce’s Anthropic investment. This boosted reported earnings but may not represent recurring operating performance. Salesforce Stock Just Soared. Thank Anthropic.
• Negative Sentiment: Valuation and execution risks remain: After the rally, some analysts still see limited upside or downside, with UBS, Citi, Morgan Stanley and Wells Fargo retaining neutral or equivalent ratings. Critics also caution that Anthropic could control the AI orchestration layer, potentially limiting Salesforce’s long-term strategic leverage, while the rapid move may already price in much of the AI opportunity.

About Salesforce

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.