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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

$330.60

Annual Revenue

$34.86 B(+11.18% YoY)

Annual EPS

$4.20(+1900.00% YoY)

PE Ratio

57.50(-32.71% YoY)

Beta

1.41

Events Calendar

Earnings

Next earnings date:

Dec 03, 2024

Recent quarterly earnings:

Aug 28, 2024

Recent annual earnings:

Feb 28, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Sept 18, 2024
Splits

Next split:

N/A

Recent split:

Apr 18, 2013

Analyst ratings

Recent major analysts updates

27 Nov '24 Citigroup
Neutral
25 Nov '24 Wedbush
Outperform
25 Nov '24 Truist Securities
Buy
22 Nov '24 UBS
Neutral
22 Nov '24 JMP Securities
Market Outperform
21 Nov '24 TD Cowen
Hold
21 Nov '24 Oppenheimer
Outperform
20 Nov '24 JP Morgan
Overweight
19 Nov '24 Erste Group
Buy
18 Nov '24 Scotiabank
Sector Outperform

Market Data

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Institutional Ownership

Could Salesforce and Adobe Help Power the Low-Cost Vanguard Tech ETF to an All-Time High?
Could Salesforce and Adobe Help Power the Low-Cost Vanguard Tech ETF to an All-Time High?
Could Salesforce and Adobe Help Power the Low-Cost Vanguard Tech ETF to an All-Time High?
CRM
fool.com24 November 2024

Vanguard, an investment management company, provides several sector-focused exchange-traded funds (ETFs) that reflect the performance of all 11 stock market sectors according to the Global Industry Classification Standard. The Vanguard Information Technology ETF (VGT 0.37%) has a very low expense ratio of 0.1% and requires a minimum investment of only $1, making it a simple and affordable option for those wanting to invest in the tech sector.

Veeva Stock May Gain on the Launch of GenAI Features in Vault CRM
Veeva Stock May Gain on the Launch of GenAI Features in Vault CRM
Veeva Stock May Gain on the Launch of GenAI Features in Vault CRM
CRM
zacks.com21 November 2024

VEEV has introduced new features for its Vault CRM, including GenAI capabilities, a CRM Bot, and Voice Control.

Veeva Announces AI in Vault CRM
Veeva Announces AI in Vault CRM
Veeva Announces AI in Vault CRM
CRM
prnewswire.com20 November 2024

Veeva Systems has introduced two new features, Vault CRM Bot and Vault CRM Voice Control, which use GenAI technology to provide assistance in Vault CRM. This announcement was made on November 20, 2024, in Madrid and Pleasanton, California.

Meta hires Salesforce's CEO of AI, Clara Shih, to lead new business AI group
Meta hires Salesforce's CEO of AI, Clara Shih, to lead new business AI group
Meta hires Salesforce's CEO of AI, Clara Shih, to lead new business AI group
CRM
techcrunch.com19 November 2024

Meta has appointed Clara Shih, the CEO of AI at Salesforce, to head a new team focused on creating AI tools for businesses that utilize Meta's applications to connect with customers, as she announced in a LinkedIn post on Tuesday. Meta has also verified this new role and the establishment of the Business AI group in a statement to TechCrunch.

Salesforce.com (CRM) Stock Slides as Market Rises: Facts to Know Before You Trade
Salesforce.com (CRM) Stock Slides as Market Rises: Facts to Know Before You Trade
Salesforce.com (CRM) Stock Slides as Market Rises: Facts to Know Before You Trade
CRM
zacks.com18 November 2024

Salesforce.com (CRM) closed at $322.25 on the most recent trading day, showing a decrease of 0.93% from its previous closing price.

Salesforce Rising on AI Business, Financial Performance
Salesforce Rising on AI Business, Financial Performance
Salesforce Rising on AI Business, Financial Performance
CRM
fxempire.com15 November 2024

Salesforce Ltd. (CRM) continues to experience impressive financial results and high demand.

Salesforce has been on an unsustainable tear, says Jim Cramer
Salesforce has been on an unsustainable tear, says Jim Cramer
Salesforce has been on an unsustainable tear, says Jim Cramer
CRM
youtube.com14 November 2024

Jim Cramer, the host of 'Mad Money,' explores the sectors that have received the most attention since the election. He analyzes which areas have been favored the most.

Salesforce Announces Timing of its Third Quarter Fiscal 2025 Results Conference Call
Salesforce Announces Timing of its Third Quarter Fiscal 2025 Results Conference Call
Salesforce Announces Timing of its Third Quarter Fiscal 2025 Results Conference Call
CRM
businesswire.com12 November 2024

Salesforce, the leading AI CRM, has announced that it will release its financial results for the third quarter of fiscal year 2025 on Tuesday, December 3, 2024, after the market closes. The company will hold a conference call at 2:00 p.m. PT / 5:00 p.m. ET to discuss these results with investors. A live webcast and a replay of the call will be accessible on the Salesforce Investor Relations website.

Salesforce.com (CRM) Moves 6.1% Higher: Will This Strength Last?
Salesforce.com (CRM) Moves 6.1% Higher: Will This Strength Last?
Salesforce.com (CRM) Moves 6.1% Higher: Will This Strength Last?
CRM
zacks.com12 November 2024

Salesforce.com (CRM) experienced a significant rise in its stock price during the last trading session, with trading volume exceeding the usual amount. However, the recent changes in earnings estimates might not lead to a further increase in the stock price in the short term.

Top 2 CRM Stocks Positioned to Surge Higher With AI in 2025
Top 2 CRM Stocks Positioned to Surge Higher With AI in 2025
Top 2 CRM Stocks Positioned to Surge Higher With AI in 2025
CRM
marketbeat.com12 November 2024

Customer relationship management (CRM) software is now essential for businesses of all sizes. These platforms help companies handle their interactions and relationships with current and potential customers.

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 September 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 28 August 2024

When does Salesforce report earnings?

The next expected earnings date for Salesforce is 3 December 2024

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