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Salesforce (CRM) Stock

Profile

Sector:

Technology

Country:

United States

IPO:

23 June 2004

Description:

salesforce.com, inc. is an American company, the developer of the CRM system of the same name, provided to customers exclusively on a SaaS model. Under the name Force.com, the company provides a PaaS system for independent application development, and under the brand Database.com, a cloud-based database management system. Among the products acquired through acquisitions are the platform service Heroku, the service bus MuleESB, the scalable data visualization system Tableau, and the corporate messenger Slack. Founded in March 1999, it is recognized as one of the pioneers of SaaS, PaaS, cloud computing, and since 2012, has been the global leader in the CRM system market. The company's headquarters is located in San Francisco in the Salesforce Tower skyscraper, with regional offices in 25 countries.

Key Details

Price

$333.89

Annual Revenue

$34.86 B(+11.18% YoY)

Annual EPS

$4.20(+1900.00% YoY)

PE Ratio

54.92(-42.79% YoY)

Beta

1.42

Events Calendar

Earnings

Next earnings date:

Feb 28, 2025

Recent quarterly earnings:

Dec 03, 2024

Recent annual earnings:

Feb 28, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Dec 18, 2024
Splits

Next split:

N/A

Recent split:

Apr 18, 2013

Analyst ratings

Recent major analysts updates

18 Dec '24 Wedbush
Outperform
18 Dec '24 Piper Sandler
Overweight
18 Dec '24 Needham
Buy
18 Dec '24 Macquarie
Neutral
18 Dec '24 JMP Securities
Market Outperform
12 Dec '24 Macquarie
Neutral
04 Dec '24 Truist Securities
Buy
04 Dec '24 Stifel
Buy
04 Dec '24 Scotiabank
Sector Outperform
04 Dec '24 RBC Capital
Outperform

Market Data

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Institutional Ownership

Salesforce.com (CRM) Falls More Steeply Than Broader Market: What Investors Need to Know
Salesforce.com (CRM) Falls More Steeply Than Broader Market: What Investors Need to Know
Salesforce.com (CRM) Falls More Steeply Than Broader Market: What Investors Need to Know
CRM
zacks.com02 January 2025

On the most recent trading day, Salesforce.com (CRM) closed at $330.66, which is a decrease of 1.1% compared to its last closing price.

Meet the Company Leading the "Third Wave" of Artificial Intelligence (AI). Its Stock Is Up 39% in 4 Months, and It Could Soar Even Higher in 2025.
Meet the Company Leading the "Third Wave" of Artificial Intelligence (AI). Its Stock Is Up 39% in 4 Months, and It Could Soar Even Higher in 2025.
Meet the Company Leading the "Third Wave" of Artificial Intelligence (AI). Its Stock Is Up 39% in 4 Months, and It Could Soar Even Higher in 2025.
CRM
fool.com01 January 2025

In recent years, advancements in artificial intelligence (AI) have rapidly increased.

Investors Heavily Search Salesforce Inc. (CRM): Here is What You Need to Know
Investors Heavily Search Salesforce Inc. (CRM): Here is What You Need to Know
Investors Heavily Search Salesforce Inc. (CRM): Here is What You Need to Know
CRM
zacks.com31 December 2024

Lately, users of Zacks.com have been focusing on Salesforce.com (CRM). This interest prompts a closer look at what the stock might offer.

Monday.com Stock May Rise As CRM Drives 25,000 New Accounts
Monday.com Stock May Rise As CRM Drives 25,000 New Accounts
Monday.com Stock May Rise As CRM Drives 25,000 New Accounts
CRM
forbes.com29 December 2024

Investors might find a chance to make money by purchasing shares in Monday.com, which offers project management and various software solutions.

3 No-Brainer Technology Stocks to Buy Right Now
3 No-Brainer Technology Stocks to Buy Right Now
3 No-Brainer Technology Stocks to Buy Right Now
CRM
fool.com28 December 2024

Technology stocks have played a significant role in driving the current bull market, which has been ongoing for just over two years. Since the average bull market lasts around five and a half years, there is still plenty of time for this sector to continue growing.

The AI stock trade is starting to shift beyond the 'Magnificent 7'
The AI stock trade is starting to shift beyond the 'Magnificent 7'
The AI stock trade is starting to shift beyond the 'Magnificent 7'
CRM
Yahoo Finance27 December 2024

Experts believe that by 2025, the artificial intelligence market will develop further, helping not just the companies that produce and purchase new AI chips, but also others.

Salesforce needs to work out AI agent pricing:
Salesforce needs to work out AI agent pricing:
Salesforce needs to work out AI agent pricing:
CRM
youtube.com27 December 2024

In a recent interview with Yahoo Finance, Salesforce CEO Marc Benioff praised the company's AI agents. However, investors might want to hold off on getting too enthusiastic about them for the time being.

Salesforce: Buy The Dip
Salesforce: Buy The Dip
Salesforce: Buy The Dip
CRM
seekingalpha.com24 December 2024

Salesforce: Take Advantage of the Price Drop

Salesforce (CRM) Unveils Agentforce 2.0: What’s Next for AI in CRM?
Salesforce (CRM) Unveils Agentforce 2.0: What’s Next for AI in CRM?
Salesforce (CRM) Unveils Agentforce 2.0: What’s Next for AI in CRM?
CRM
Insider Monkey22 December 2024

We have just released a list of 10 important AI news items that investors should pay attention to. In this article, we will examine how Salesforce Inc (NYSE:CRM) compares to other key AI news for investors. As we approach next year, the future of artificial intelligence looks very promising, with expectations of significant growth in the AI sector.

Salesforce: My Top Long Idea For 2025
Salesforce: My Top Long Idea For 2025
Salesforce: My Top Long Idea For 2025
CRM
seekingalpha.com22 December 2024

Even though CRM had mixed results in the third quarter, its stock rose sharply after the introduction of Agentforce, which secured 200 deals in its first week. The upgraded version, Agentforce 2.0, offers improved features and integrations, allowing CRM to take advantage of the rapidly growing Enterprise AI market. Analysts believe there is a potential 22.5% increase in value, with a target price of $421, thanks to Agentforce's success and CRM's strategic purchases that improve data quality and security.

FAQ

  • What is the primary business of Salesforce?
  • What is the ticker symbol for Salesforce?
  • Does Salesforce pay dividends?
  • What sector is Salesforce in?
  • What industry is Salesforce in?
  • What country is Salesforce based in?
  • When did Salesforce go public?
  • Is Salesforce in the S&P 500?
  • Is Salesforce in the NASDAQ 100?
  • Is Salesforce in the Dow Jones?
  • When was Salesforce's last earnings report?
  • When does Salesforce report earnings?
  • Should I buy Salesforce stock now?

What is the primary business of Salesforce?

salesforce.com, inc. is an American company, the developer of the CRM system of the same name, provided to customers exclusively on a SaaS model. Under the name Force.com, the company provides a PaaS system for independent application development, and under the brand Database.com, a cloud-based database management system. Among the products acquired through acquisitions are the platform service Heroku, the service bus MuleESB, the scalable data visualization system Tableau, and the corporate messenger Slack. Founded in March 1999, it is recognized as one of the pioneers of SaaS, PaaS, cloud computing, and since 2012, has been the global leader in the CRM system market. The company's headquarters is located in San Francisco in the Salesforce Tower skyscraper, with regional offices in 25 countries.

What is the ticker symbol for Salesforce?

The ticker symbol for Salesforce is NYSE:CRM

Does Salesforce pay dividends?

Yes, Salesforce pays dividends. The last payment was $0.40, with an ex-dividend date on 18 December 2024

What sector is Salesforce in?

Salesforce is in the Technology sector

What industry is Salesforce in?

Salesforce is in the Software Application industry

What country is Salesforce based in?

Salesforce is headquartered in United States

When did Salesforce go public?

Salesforce's initial public offering (IPO) was on 23 June 2004

Is Salesforce in the S&P 500?

Yes, Salesforce is included in the S&P 500 index

Is Salesforce in the NASDAQ 100?

No, Salesforce is not included in the NASDAQ 100 index

Is Salesforce in the Dow Jones?

Yes, Salesforce is included in the Dow Jones index

When was Salesforce's last earnings report?

Salesforce's most recent earnings report was on 3 December 2024

When does Salesforce report earnings?

The next expected earnings date for Salesforce is 28 February 2025

Should I buy Salesforce stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions