Salesforce (CRM) Expected to Announce Quarterly Earnings on Wednesday

Salesforce (NYSE:CRMGet Free Report) is anticipated to release its Q1 2026 earnings data after the market closes on Wednesday, May 28th. Analysts expect Salesforce to post earnings of $2.54 per share and revenue of $9.74 billion for the quarter.

Salesforce Trading Down 3.7%

NYSE CRM opened at $273.05 on Tuesday. The company has a fifty day simple moving average of $268.33 and a two-hundred day simple moving average of $306.20. The stock has a market cap of $262.51 billion, a P/E ratio of 44.91, a P/E/G ratio of 2.58 and a beta of 1.42. Salesforce has a 12-month low of $212.00 and a 12-month high of $369.00. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.14.

Salesforce Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 24th. Shareholders of record on Thursday, April 10th were issued a $0.42 dividend. The ex-dividend date was Thursday, April 10th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 0.62%. This is a boost from Salesforce’s previous quarterly dividend of $0.40. Salesforce’s dividend payout ratio (DPR) is currently 26.10%.

Analysts Set New Price Targets

CRM has been the subject of a number of research reports. Robert W. Baird lowered their price target on Salesforce from $430.00 to $400.00 and set an “outperform” rating for the company in a research report on Thursday, February 27th. Citigroup reduced their price target on shares of Salesforce from $335.00 to $320.00 and set a “neutral” rating for the company in a research report on Friday. UBS Group set a $350.00 price target on shares of Salesforce in a research report on Thursday. Canaccord Genuity Group reduced their price target on shares of Salesforce from $415.00 to $400.00 and set a “buy” rating for the company in a research report on Thursday, February 27th. Finally, Stifel Nicolaus reduced their target price on shares of Salesforce from $425.00 to $375.00 and set a “buy” rating for the company in a report on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, thirty-one have issued a buy rating and five have given a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $351.59.

Check Out Our Latest Stock Analysis on CRM

Insider Buying and Selling

In other news, insider Parker Harris sold 3,273 shares of the firm’s stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $284.58, for a total value of $931,430.34. Following the completion of the transaction, the insider now owns 125,146 shares of the company’s stock, valued at approximately $35,614,048.68. This trade represents a 2.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider R David Schmaier sold 6,959 shares of the firm’s stock in a transaction that occurred on Wednesday, April 16th. The shares were sold at an average price of $253.31, for a total transaction of $1,762,784.29. Following the completion of the transaction, the insider now directly owns 36,090 shares of the company’s stock, valued at $9,141,957.90. This represents a 16.17% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 46,553 shares of company stock valued at $12,897,323. Company insiders own 3.20% of the company’s stock.

Hedge Funds Weigh In On Salesforce

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Bison Wealth LLC lifted its holdings in Salesforce by 9.0% during the 4th quarter. Bison Wealth LLC now owns 2,234 shares of the CRM provider’s stock worth $747,000 after buying an additional 184 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in Salesforce by 12.6% during the fourth quarter. Revolve Wealth Partners LLC now owns 1,827 shares of the CRM provider’s stock worth $611,000 after purchasing an additional 205 shares during the last quarter. Finally, Brighton Jones LLC lifted its stake in Salesforce by 13.7% during the fourth quarter. Brighton Jones LLC now owns 25,668 shares of the CRM provider’s stock worth $8,582,000 after purchasing an additional 3,102 shares during the last quarter. Hedge funds and other institutional investors own 80.43% of the company’s stock.

Salesforce Company Profile

(Get Free Report)

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.

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Earnings History for Salesforce (NYSE:CRM)

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