Salesforce, Inc. (CRM) Stock Price & Analysis
Salesforce, Inc. (CRM) closed at USD 250.29 on Thursday, October 22, 2026, up 3.52% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 241.78; the Oct 22, 2026 session ranged USD 242.7–252.42 on volume of 9,741,265 shares. Market capitalization is $205.99B, with a 52-week range of USD 146.32–269.11 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:23 UTC.
Also available as compact Markdown for AI agents: nexqual.com/CRM.md
Key facts (CRM)
- Last four reported quarters (through Jul 31, 2026): revenue $43.9B, net income $9.66B (22.0% margin), free cash flow $15.2B (SEC filings).
- Valuation: P/E 21.3x (avg 49.3x at the last 3 fiscal year-ends), EV/EBITDA 22.9x, net debt $27.9B.
- 10 of 80 tracked superinvestors hold CRM (13F, Q2 2026): 1 new, 3 added, 3 reduced, 3 unchanged.
- Insider open-market sales, last ~7 months: 1 Form 4 filings, $1.2M; 1 not under a Rule 10b5-1 plan ($1.2M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Insider open-market purchases, last ~7 months: 1 Form 4 filing, $999K; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: Buy (mean 2.21 on a 1–5 scale) (56 analysts), mean target USD 286.14 (range 165–475).
- Total return with dividends: 1Y -1.0% vs S&P 500 +14.9%; 5Y -12.8% vs S&P 500 +80.3%.
- Next earnings: 2026-12-02, EPS estimate USD 3.45, revenue estimate $11.5B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (CRM)
| USD | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $26.5B | $31.4B | $34.9B | $37.9B | $41.5B | $43.9B |
| Gross profit | $19.5B | $23.0B | $26.3B | $29.3B | $32.3B | — |
| Operating income | $548M | $1.03B | $5.01B | $7.21B | $8.33B | $8.73B |
| Net income | $1.44B | $208M | $4.14B | $6.20B | $7.46B | $9.66B |
| EPS (diluted) | $1.48 | $0.21 | $4.20 | $6.36 | $7.80 | — |
| Free cash flow | $5.28B | $6.31B | $9.50B | $12.4B | $14.4B | $15.2B |
| Gross margin | 73.5% | 73.3% | 75.5% | 77.2% | 77.7% | — |
| Operating margin | 2.1% | 3.3% | 14.4% | 19.0% | 20.1% | 19.9% |
| Net margin | 5.5% | 0.7% | 11.9% | 16.4% | 18.0% | 22.0% |
| Revenue growth | +24.7% | +18.3% | +11.2% | +8.7% | +9.6% | — |
| Cash + short-term investments | $10.5B | $12.5B | $14.2B | $14.0B | $9.56B | — |
| Total debt | $10.6B | $10.6B | $9.43B | $8.43B | $14.4B | — |
Fiscal years end Jan. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jul 31, 2026) (CRM)
P/E 21.3x · P/S 4.7x · EV/EBITDA 22.9x · EV/Sales 5.3x · P/FCF 13.6x · P/B 5.4x · FCF yield 7.36% · Earnings yield 4.69% · Dividend yield (paid, TTM) 0.74% · Buyback yield (TTM) 17.03% · Net debt $27.9B · EV $234B
P/E at fiscal year-ends: Jan 2026 27.2x, Jan 2025 53.7x, Jan 2024 66.9x.
Superinvestors (SEC 13F-HR, Q2 2026) (CRM)
10 of 80 tracked investors hold CRM. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| ValueAct Capital | 8.33% | $469M | Unchanged | |
| Bill Nygren | Oakmark Funds | 3.37% | $2.53B | Added +8.3% |
| Chuck Akre | Akre Capital Management | 2.20% | $112M | Unchanged |
| First Eagle Investment | First Eagle Investment Management | 1.91% | $1.14B | Added +19.1% |
| Hillman Capital | Hillman Capital Management | 1.55% | $2.1M | Added +24.7% |
| Vulcan Value Partners | 0.78% | $25.7M | Reduced -16.7% | |
| Robert Vinall | RV Capital GmbH | 0.63% | $2.4M | Unchanged |
| Wallace Weitz | Weitz Investment Management | 0.53% | $7.7M | Reduced -39.5% |
| Richard Pzena | Pzena Investment Management | <0.01% | $235K | New position |
| Mairs & Power | Mairs & Power Funds | <0.01% | $416K | Reduced -94.7% |
Insider sales (SEC Form 4, open-market, last ~7 months) (CRM)
0 of 1 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-04 | Conway Craig | Director | 4,500 | $1.2M | 45.3% | No | Too little history (no open-market trades in 2023 or 2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Insider purchases (SEC Form 4, open-market, last ~7 months) (CRM)
1 purchase, $999K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-09-18 | Kirk David Blair | Director | 4,176 | $999K | 239.33 | Too little history (no open-market trades in 2023 or 2024) |
Analysts (CRM)
Consensus Buy (mean 2.21 on a 1–5 scale), 56 analysts; mean target USD 286.14 (low 165, high 475).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-21 | DA Davidson | Target raised | Neutral | $225 → $250 |
| 2026-10-21 | Cantor Fitzgerald | Reiterated | Overweight | $300 |
| 2026-10-12 | B of A Securities | Upgrade | Underperform → Buy | $160 → $285 |
| 2026-09-18 | Citizens | Reiterated | Market Outperform | $315 |
| 2026-09-18 | Stephens & Co. | Reiterated | Equal-Weight | $289 |
| 2026-09-18 | Wells Fargo | Target raised | Equal-Weight | $230 → $250 |
| 2026-09-17 | Freedom Broker | Target raised | Buy | $230 → $295 |
| 2026-09-17 | Stifel | Target raised | Buy | $275 → $300 |
| 2026-09-17 | Citigroup | Target raised | Neutral | $233 → $263 |
| 2026-09-17 | RBC Capital | Reiterated | Sector Perform | $250 |
| 2026-09-17 | BMO Capital | Target raised | Outperform | $260 → $285 |
| 2026-09-17 | Guggenheim | Target raised | Buy | $270 → $300 |
Total return (dividends reinvested) (CRM)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -1.0% | -12.8% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -1.0% | -2.7% |
| Volatility (annualized) | 46.3% | 38.5% |
| Max drawdown | -43.3% (Dec 2025→Jun 2026) | -58.3% (Nov 2021→Dec 2022) |
CRM revenue by product line (quarter ended Jul 31, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Subscription and support | $10.82B | 95.4% | +11.7% |
| — Agentforce Apps (part of Subscription and support) | $7.19B | 63.4% | +7.6% |
| — Data 360, Headless Platform, and Other (part of Subscription and support) | $3.62B | 31.9% | +20.3% |
| Professional services and other | $525.0M | 4.6% | -3.8% |
| Total revenue | $11.35B | 100% | — |
CRM revenue by region (quarter ended Jul 31, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Americas | $7.40B | 65.3% | +9.9% |
| Europe | $2.76B | 24.4% | +13.8% |
| Asia Pacific | $1.17B | 10.3% | +9.1% |
| Total revenue | $11.35B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
CRM suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | Informatica | “Informatica extends our data connectivity beyond native integrations, enabling customers to bring enterprise data from complex, distributed systems into Salesforce and Data 360 while autonomously maintaining governance, lineage, and security controls across the entire data lifecycle.” |
Quoted from the company's 10-K filed Mar 2, 2026.
Companies that name CRM in their SEC reports
| Relationship to CRM | Company | Filing | Sentence |
|---|---|---|---|
| competitor | EGAIN Corp (EGAN) | 10-K Sep 10, 2026 | “In addition, we occasionally compete with some of our platform partners where some of our product capabilities overlap, including Five9, Genesys, Microsoft, Salesforce, and ServiceNow.” |
| supplier | Atlassian Corp (TEAM) | 10-K Aug 14, 2026 | “•Open and Extensible with a Vast Ecosystem - We are dedicated to making our apps open and interoperable with a wide range of other platforms and applications that customers use, such as Microsoft, Zoom, Anthropic, Cursor, OpenAI, Salesforce, Workday, and Dropbox.” |
| supplier | OPEN TEXT CORP (OTEX) | 10-K Aug 6, 2026 | “•Salesforce, Inc. (Salesforce): The company-to-company partnership between OpenText and Salesforce is focused on growing a full portfolio of data management solutions to complement the Salesforce ecosystem by uniting the structured and unstructured information experience.” |
| supplier | SIFY TECHNOLOGIES LTD (SIFY) | 20-F Jun 26, 2026 | “ Customer Relationship Management (CRM) Systems: Platforms like Salesforce and HubSpot help organizations manage customer interactions effectively.” |
| competitor | ORACLE CORP (ORCL) | 10-K Jun 22, 2026 | “Our enterprise cloud, software and hardware offerings compete directly with certain offerings from some of the largest and most competitive companies in the world, including Adobe Systems Incorporated, Alphabet Inc., Amazon.com, Inc., Cisco Systems, Inc., Intel Corporation, International Business Machines Corporation, Microsoft Corporation, Salesforce, Inc. and SAP SE, as well as other companies like Hewlett-Packa…” |
| supplier | Infosys Ltd (INFY) | 20-F Jun 15, 2026 | “Our services span across Agentforce Sales, Agentforce Service, Marketing Cloud Next, Commerce Cloud, Experience Cloud, Salesforce Platform, Data 360, Agentforce AI, Industry Clouds, and a broad set of AppExchange and AI‑led capabilities, enabling enterprises to drive customer-centric, outcome‑driven transformations.” |
| partner | WIPRO LTD (WIT) | 20-F Jun 2, 2026 | “Enterprise Applications ("EA"): Our EA team guides enterprises on their journey towards application modernization and experience transformation by providing innovative AI, cloud solutions, and architecture strategies, and executing these strategies through the expertise of our enterprise partners, such as SAP, Oracle, Salesforce, ServiceNow, and MS Dynamics.” |
| partner | ICON PLC (ICLR) | 20-F May 27, 2026 | “These include Veeva (SOP document management), Cornerstone (training delivery), ServiceNow (workflow and automation), SailPoint (identity governance), PEGA (safety reporting), Oracle ARGUS (pharmacovigilance), Salesforce (CRM), Medidata (clinical systems), Oracle eBusiness Suite with Hyperion (finance), Workday (HR), and Box, Microsoft 365/Teams/SharePoint for collaboration.” |
| supplier | 8X8 INC /DE/ (EGHT) | 10-K May 22, 2026 | “Modern Go-To-Market Approach: We reach customers through a hybrid approach that includes direct sales, digital channels, value-added resellers, and strategic integrations with large platforms like Microsoft Teams and Salesforce.” |
| partner | FORMULA SYSTEMS (1985) LTD (FORTY) | 20-F May 13, 2026 | “its existing strategic partnerships that include partnerships with Oracle, JD Edwards, SAP, Salesforce.com, Microsoft, AWS, GCP, IBM and” |
| partner | Nvni Group Ltd (NVNI) | 20-F Apr 30, 2026 | “commercial relationships with enterprise technology partners, including Microsoft, Oracle, AWS, Salesforce, Snowflake, NVIDIA, ServiceNow,” |
| supplier | COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP (SBS) | 20-F Apr 29, 2026 | “the modernization of our customer relationship management (CRM) systems through the gradual implementation of the Salesforce platform,” |
| supplier | ENERGY CO OF MINAS GERAIS (CIG) | 20-F Apr 17, 2026 | “To be able to address this future demand, CEMIG has started in March 2023 a project called ‘Projeto Varejista' to adjust our CRM Salesforce, who has debuted the first e-commerce, from lead to contract and then invoice, to increase market share and improve customer services.” |
| competitor | Huckleberry.ai, Inc. (HUCK) | 10-K Apr 16, 2026 | “•Large enterprise software and cloud platform vendors, including suppliers of traditional business intelligence and cloud services that provide one or more capabilities competitive with our products, such as Microsoft Corporation, Amazon Web Services, Inc., Oracle Corporation, SAP AG, Salesforce, Inc., and IBM.” |
| supplier | Banzai International, Inc. (PARA) | 10-K Mar 31, 2026 | “Our customers include Amazon, Dell, Salesforce, Aflac, Thermo Fisher Scientific, RBC Wealth Management, Fitch Group, and many other globally recognized brands.” |
CRM company outlook (results filed Aug 26, 2026)
- “Salesforce raises full year FY27 revenue guidance to $46.1 billion to $46.4 billion, up 11% - 12% Y/Y and 11% Y/Y in CC.”
- “The Company now expects both transactions to close independently in the coming weeks, during the third quarter of Salesforce's fiscal year 2027.”
- “With the U.S. dollar strengthening in Q2, Salesforce now expects a reduced currency tailwind for the business relative to prior guidance.”
- “The following tables summarize Salesforce's guidance for the third quarter fiscal 2027 and full-year fiscal 2027: Q3 FY27 Guida”
Quoted word-for-word from the SEC 8-K results press release.
CRM analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Oct 2026) | $3.45 | $3.36 | +2.5% | $11.46B | 42 |
| Next quarter (ends Jan 2027) | $3.56 | $3.64 | -2.2% | $12.34B | 41 |
| Current fiscal year (ends Jan 2027) | $16.75 | $14.13 | +18.5% | $46.30B | 52 |
| Next fiscal year (ends Jan 2028) | $16.02 | $15.51 | +3.2% | $50.79B | 53 |
Key Statistics (as of October 23, 2026 at 09:23 UTC)
| Price | USD 250.29 |
|---|---|
| Change | ▲ 3.52% (up) |
| Previous Close | USD 241.78 |
| Open | USD 244.6 |
| Day Range | USD 242.7 – 252.42 |
| 52-Week Range | USD 146.32 – 269.11 |
| Volume | 9,741,265 shares |
| Market Cap | $205.99B |
| Exchange | NYQ |
Technical Analysis (CRM)
Nexqual's technical model rates CRM "BUY" based on 5 bullish and 2 bearish signals across 127 daily candles, as of October 23, 2026 at 09:23 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 57.39 (neutral) |
| vs SMA50 | Above (USD 234.04) |
| MACD | 3.42 (positive) |
Analyst Ratings (CRM)
Wall Street analysts rate CRM "Buy" based on 56 analysts, with a mean price target of USD 286.14 (range USD 165–475), per Nexqual as of October 23, 2026 at 09:23 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 56 |
| Mean Target | USD 286.14 |
| High Target | USD 475 |
| Low Target | USD 165 |
| Buy / Hold / Sell | 40 / 15 / 1 |
Earnings (CRM)
| Next Earnings Date | 2026-12-02 |
|---|---|
| EPS Estimate | USD 3.45 |
| Revenue Estimate | $11.46B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-07-31 | USD 5.9 vs est 3.27 ▲ beat |
| 2026-04-30 | USD 3.88 vs est 3.13 ▲ beat |
| 2026-01-31 | USD 3.81 vs est 3.05 ▲ beat |
| 2025-10-31 | USD 3.25 vs est 2.86 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:23 UTC.
Financials & Fundamentals (CRM)
| Total Revenue | $43.94B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +10.80% |
| Gross Margin | +77.28% |
| Operating Margin | +21.38% |
| Profit Margin | +21.99% |
| ROE | +19.38% |
| Debt / Equity | 1.1 |
| Current Ratio | 0.84 |
| Total Cash | $11.40B |
| Total Debt | $42.38B |
| Free Cash Flow (last four quarters to Jul 2026, SEC 10-Q / 10-K) | $15.15B (34.5% of revenue) |
Source: Nexqual, October 23, 2026 at 09:23 UTC.
Financial Health Score (CRM)
Nexqual rates Salesforce, Inc.'s overall financial health "Solid" across five dimensions, as of October 23, 2026 at 09:23 UTC.
| Growth | Solid — Revenue +10% YoY (annual) |
|---|---|
| Profitability | Strong — Gross margin 77%, operating 21% (last 12 months) |
| Balance Sheet | Weak — $11.4B cash and investments vs $39.3B debt (Jul 2026, SEC) |
| Cash Flow | Strong — FCF $15.2B (last 4 quarters to Jul 2026, SEC), 34% margin |
| Efficiency | Solid — ROE 19%, ROA 5.7% |
Ownership (CRM)
| Insider Ownership | +2.98% |
|---|---|
| Institutional Ownership | +87.21% |
| Shares Outstanding | 823.00M |
| Float | 797.54M |
| Short % of Float | +4.62% |
Source: Nexqual, October 23, 2026 at 09:23 UTC.
Leadership (CRM)
Salesforce, Inc. is led by Marc R. Benioff, Co-Founder, Chairman & CEO, per Nexqual as of October 23, 2026 at 09:23 UTC.
| Co-Founder, Chairman & CEO | Marc R. Benioff |
|---|---|
| President & COO | Miguel Milano |
| Co-Founder, Advisor to the CEO & Director | Parker Harris |
| President, Chief Legal Officer & Corporate Secretary | Sabastian V. Niles |
| President & CEO of Government Cloud | Kendall Collins |
Major Backers & Investors (CRM)
Notable institutional backers of Salesforce, Inc. include Morgan Stanley, Harris Associates L.P., Arrowstreet Capital, Limited Partnership, according to Nexqual as of October 23, 2026 at 09:23 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Morgan Stanley | 2.83% |
| Harris Associates L.P. | 1.96% |
| Arrowstreet Capital, Limited Partnership | 1.61% |
| Bank of America Corporation | 1.48% |
| Capital Group | 1.43% |
| Fidelity | 1.29% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 8.84% |
| Vanguard Group | 8.29% |
| State Street | 5.45% |
| Geode Capital | 2.41% |
Source: Nexqual, October 23, 2026 at 09:23 UTC.
From Salesforce, Inc.'s Latest SEC 10-K Filing (filed 2026-03-02)
Key Strengths & Strategy (as disclosed to the SEC)
- Our unified Integration, Automation, and API Management offerings, powered by MuleSoft, provide the essential building blocks to deliver AI-powered, end-to-end, connected experiences and faster innovation.
- Our analytics offerings, including Tableau, provide advanced, end-to-end solutions that turn data into insight and action for a wide range of business use cases, powered by agentic AI.
- Slack is also deeply integrated with every Salesforce offering, including Agentforce.
- Agents built on Agentforce can access live business data through Data 360, follow company policies defined in Salesforce metadata, and take action through Salesforce applications and MuleSoft Application Programming Interfaces ("APIs").
Partnerships
- Our strategy includes growing our strategic investment portfolio, in part, by reinvesting proceeds from the sales of strategic investments.
Legal & Regulatory Risks (Item 1A, quoted)
- Governmental sanctions and export and import controls that could impair our ability to compete in international markets and may subject us to liability.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| SHOP | Shopify Inc. | USD 168.81 | ▼ 3.14% |
| NOW | ServiceNow, Inc. | USD 157 | ▲ 2.53% |
| SAP | SAP SE | USD 240.59 | ▲ 3.38% |
| UBER | Uber Technologies, Inc. | USD 69.07 | ▲ 2.14% |
| ADP | Automatic Data Processing, Inc. | USD 307.94 | ▲ 4.56% |
| SNOW | Snowflake Inc. | USD 313.96 | ▼ 2.72% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:23 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt