Salesforce (NYSE:CRM) Given New $320.00 Price Target at JPMorgan Chase & Co.

Salesforce (NYSE:CRM) had its target price cut by investment analysts at JPMorgan Chase & Co. from $365.00 to $320.00 in a research report issued on Thursday,Benzinga reports. The firm presently has an “overweight” rating on the CRM provider’s stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 60.50% from the company’s previous close.

A number of other analysts have also recently weighed in on the stock. Wolfe Research restated an “outperform” rating on shares of Salesforce in a research note on Thursday, January 15th. BMO Capital Markets cut their target price on shares of Salesforce from $235.00 to $225.00 and set an “outperform” rating for the company in a research report on Thursday. DA Davidson raised their price target on Salesforce from $225.00 to $235.00 and gave the company a “neutral” rating in a research report on Friday, December 5th. Weiss Ratings reissued a “hold (c)” rating on shares of Salesforce in a research report on Monday, December 29th. Finally, Arete Research upgraded Salesforce to a “strong-buy” rating in a research note on Thursday, December 11th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $283.49.

Salesforce Stock Up 4.0%

Shares of NYSE:CRM traded up $7.63 during midday trading on Thursday, hitting $199.38. 26,268,993 shares of the stock were exchanged, compared to its average volume of 12,516,195. The company has a market capitalization of $186.82 billion, a PE ratio of 26.62, a P/E/G ratio of 1.26 and a beta of 1.27. Salesforce has a 52-week low of $174.57 and a 52-week high of $304.92. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.98 and a current ratio of 0.98. The business’s fifty day simple moving average is $226.45 and its two-hundred day simple moving average is $238.86.

Salesforce (NYSE:CRM) last issued its quarterly earnings data on Wednesday, February 25th. The CRM provider reported $3.81 earnings per share for the quarter, beating the consensus estimate of $3.05 by $0.76. The firm had revenue of $11.20 billion for the quarter, compared to analyst estimates of $11.18 billion. Salesforce had a net margin of 17.91% and a return on equity of 14.41%. The company’s revenue for the quarter was up 12.1% on a year-over-year basis. During the same quarter last year, the firm earned $2.78 earnings per share. Salesforce has set its FY 2027 guidance at 13.110-13.190 EPS and its Q1 2027 guidance at 3.110-3.130 EPS. As a group, research analysts predict that Salesforce will post 7.46 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director David Blair Kirk purchased 1,936 shares of the stock in a transaction that occurred on Wednesday, December 17th. The stock was acquired at an average price of $258.64 per share, with a total value of $500,727.04. Following the completion of the acquisition, the director directly owned 10,677 shares in the company, valued at approximately $2,761,499.28. This trade represents a 22.15% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Neelie Kroes sold 3,893 shares of the business’s stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $238.70, for a total transaction of $929,259.10. Following the completion of the transaction, the director owned 7,299 shares of the company’s stock, valued at $1,742,271.30. This trade represents a 34.78% decrease in their position. The disclosure for this sale is available in the SEC filing. 3.00% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Salesforce

A number of institutional investors and hedge funds have recently made changes to their positions in CRM. Rockland Trust Co. increased its stake in shares of Salesforce by 1,145.6% during the 3rd quarter. Rockland Trust Co. now owns 13,066 shares of the CRM provider’s stock worth $3,097,000 after purchasing an additional 12,017 shares during the last quarter. Alps Advisors Inc. raised its stake in Salesforce by 98.3% in the 3rd quarter. Alps Advisors Inc. now owns 21,455 shares of the CRM provider’s stock valued at $5,085,000 after acquiring an additional 10,633 shares during the period. Midwest Trust Co lifted its holdings in Salesforce by 2.3% during the 3rd quarter. Midwest Trust Co now owns 187,071 shares of the CRM provider’s stock valued at $44,336,000 after purchasing an additional 4,233 shares during the last quarter. Jones Financial Companies Lllp boosted its position in Salesforce by 15.1% during the third quarter. Jones Financial Companies Lllp now owns 467,551 shares of the CRM provider’s stock worth $113,420,000 after purchasing an additional 61,270 shares during the period. Finally, AGF Management Ltd. increased its holdings in shares of Salesforce by 42.2% in the third quarter. AGF Management Ltd. now owns 281,054 shares of the CRM provider’s stock valued at $66,610,000 after purchasing an additional 83,403 shares during the last quarter. Institutional investors own 80.43% of the company’s stock.

Salesforce News Summary

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Q4 beat and upbeat FY EPS outlook — Salesforce reported stronger-than-expected adjusted EPS ($3.81) and raised FY27 EPS guidance well above consensus, signaling margin leverage and profit durability. Salesforce Q4 earnings / press materials
• Positive Sentiment: Big capital returns — management authorized a $50 billion buyback and raised the quarterly dividend, boosting shareholder returns and supporting EPS per-share growth through repurchases. CNBC: Salesforce commits $50 billion for new buybacks
• Positive Sentiment: Early AI (Agentforce) commercial traction — management and coverage note that Agentforce and other AI offerings are beginning to convert into measurable revenue, helping justify the guidance and longer-term targets. MarketBeat: Salesforce’s AI Bet Is Paying Off—the Buyback Proves It
• Neutral Sentiment: Revenue growth is solid but not accelerating — Q4 revenue grew ~12% Y/Y; some outlets frame results as “good but not game-changing,” leaving upside tied to mid-year reacceleration. Zacks: Q4 Earnings Beat, Revenues Rise
• Neutral Sentiment: Mixed analyst reactions — while many firms maintain Buy/Outperform stances, a number of analysts trimmed price targets to reflect slower near-term growth; the consensus remains skewed positive but with lower near-term expectations. MarketBeat: Analysts’ reactions and price-target moves
• Negative Sentiment: Near-term growth slowdown flagged — Jefferies highlights that cRPO growth (~13% CC) only matched guidance and lacked the upside investors had seen previously, raising concern about mid-year reacceleration. Proactive: Salesforce faces near-term growth slowdown, Jefferies says
• Negative Sentiment: Multiple price-target cuts and at least one downgrade — several firms cut targets (examples include Sanford Bernstein’s underperform and multiple lower PTs reported by Benzinga/TickerReport), reflecting reduced near-term expectations and pressuring sentiment. TickerReport: Analyst moves and downgrades
• Negative Sentiment: Investor worry about AI-driven software disruption persists — despite Agentforce traction, headlines and analyst notes show continued concern that AI could compress long-term pricing/penetration for traditional SaaS, keeping volatility elevated. WSJ: AI threat to software concern

Salesforce Company 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.