Salesforce (NYSE:CRM) Releases FY 2027 Earnings Guidance

Salesforce (NYSE:CRM) updated its FY 2027 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 14.060-14.120 for the period, compared to the consensus estimate of 12.520. The company issued revenue guidance of $45.9 billion-$46.2 billion, compared to the consensus revenue estimate of $46.1 billion. Salesforce also updated its Q2 2027 guidance to 3.250-3.270 EPS.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Roth Mkm decreased their price objective on shares of Salesforce from $395.00 to $325.00 and set a “buy” rating on the stock in a research report on Thursday, February 26th. Morgan Stanley reduced their target price on shares of Salesforce from $398.00 to $287.00 and set an “overweight” rating on the stock in a report on Monday, February 23rd. Needham & Company LLC restated a “buy” rating and issued a $400.00 target price on shares of Salesforce in a report on Thursday, February 26th. Jefferies Financial Group restated a “buy” rating on shares of Salesforce in a report on Tuesday. Finally, Bank of America started coverage on shares of Salesforce in a research note on Monday, May 18th. They set an “underperform” rating and a $160.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $274.12.

Salesforce Stock Down 0.7%

NYSE:CRM traded down $1.22 during trading hours on Wednesday, hitting $177.86. The stock had a trading volume of 16,950,055 shares, compared to its average volume of 12,883,027. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.18. Salesforce has a 1-year low of $163.52 and a 1-year high of $278.81. The business has a 50 day simple moving average of $181.63 and a two-hundred day simple moving average of $211.60. The company has a market cap of $145.53 billion, a PE ratio of 22.77, a price-to-earnings-growth ratio of 1.25 and a beta of 1.14.

Salesforce (NYSE:CRM) last issued its quarterly earnings data on Wednesday, May 27th. The CRM provider reported $999.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.12 by $995.88. Salesforce had a net margin of 17.96% and a return on equity of 15.38%. Salesforce has set its FY 2027 guidance at 14.060-14.120 EPS and its Q2 2027 guidance at 3.250-3.270 EPS. Analysts predict that Salesforce will post 9.71 EPS for the current year.

Salesforce declared that its board has approved a stock buyback plan on Monday, March 16th that allows the company to buyback $25.00 billion in shares. This buyback authorization allows the CRM provider to repurchase up to 14.1% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s management believes its stock is undervalued.

Insider Activity at Salesforce

In other Salesforce news, Director David Blair Kirk bought 2,570 shares of Salesforce stock in a transaction dated Wednesday, March 18th. The stock was bought at an average cost of $194.62 per share, for a total transaction of $500,173.40. Following the purchase, the director owned 13,689 shares in the company, valued at $2,664,153.18. This represents a 23.11% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Laura Alber bought 2,571 shares of Salesforce stock in a transaction dated Thursday, March 19th. The shares were acquired at an average price of $194.58 per share, with a total value of $500,265.18. Following the completion of the purchase, the director owned 9,530 shares in the company, valued at approximately $1,854,347.40. The trade was a 36.94% increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 3.50% of the company’s stock.

Trending Headlines about Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Shares are moving up ahead of earnings as traders and analysts look for signs that Salesforce can stabilize growth and reassure investors that AI will support, rather than disrupt, the enterprise software model.
• Positive Sentiment: Jefferies expects an in-line quarter and sees revenue and current remaining performance obligations rising, which supports the view that underlying demand remains solid. Article Title
• Positive Sentiment: BTIG reaffirmed a Buy rating and set a $255 price target, suggesting meaningful upside if the company delivers a constructive outlook. Article Title
• Positive Sentiment: Some bullish commentary argues Salesforce is undervalued and that AI-related products are beginning to drive stronger monetization and cash flow, which could help sentiment if the company confirms progress on the call.
• Neutral Sentiment: Traders are expecting a large post-earnings move, so the stock may stay volatile after results as investors react to guidance more than just the headline numbers.
• Negative Sentiment: Bearish AI-related research from Bank of America highlights a key investor concern: AI could be a growth risk for Salesforce if customers shift spending patterns or adoption fails to meaningfully accelerate. Article Title

Institutional Investors Weigh In On Salesforce

Several large investors have recently added to or reduced their stakes in CRM. Gilpin Wealth Management LLC acquired a new stake in Salesforce in the fourth quarter worth $26,000. Texas Capital Bancshares Inc TX acquired a new position in shares of Salesforce during the third quarter valued at $28,000. Swiss RE Ltd. acquired a new position in shares of Salesforce during the fourth quarter valued at $28,000. Birchwood Financial Partners Inc. acquired a new position in shares of Salesforce during the fourth quarter valued at $28,000. Finally, Measured Wealth Private Client Group LLC acquired a new position in Salesforce during the third quarter worth about $39,000. 80.43% of the stock is owned by institutional investors and hedge funds.

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.