FY2025 EPS Estimates for Salesforce Cut by DA Davidson

Salesforce, Inc. (NYSE:CRM) – Analysts at DA Davidson cut their FY2025 EPS estimates for Salesforce in a note issued to investors on Wednesday, December 4th. DA Davidson analyst G. Luria now anticipates that the CRM provider will post earnings per share of $7.48 for the year, down from their previous forecast of $7.56. DA Davidson currently has a “Neutral” rating and a $300.00 target price on the stock. The consensus estimate for Salesforce’s current full-year earnings is $7.55 per share. DA Davidson also issued estimates for Salesforce’s Q4 2025 earnings at $1.97 EPS and FY2026 earnings at $8.60 EPS.

Salesforce (NYSE:CRM) last posted its quarterly earnings results on Tuesday, December 3rd. The CRM provider reported $2.41 EPS for the quarter, missing the consensus estimate of $2.44 by ($0.03). The company had revenue of $9.44 billion for the quarter, compared to analyst estimates of $9.35 billion. Salesforce had a return on equity of 12.31% and a net margin of 15.96%. The business’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.62 earnings per share.

A number of other analysts have also recently issued reports on CRM. Royal Bank of Canada lifted their target price on shares of Salesforce from $300.00 to $420.00 and gave the company an “outperform” rating in a research note on Wednesday. Robert W. Baird lifted their target price on shares of Salesforce from $340.00 to $430.00 and gave the company an “outperform” rating in a research note on Wednesday. Erste Group Bank upgraded shares of Salesforce from a “hold” rating to a “buy” rating in a research note on Tuesday, November 19th. Stifel Nicolaus lifted their target price on shares of Salesforce from $390.00 to $425.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, Barclays lifted their target price on shares of Salesforce from $415.00 to $425.00 and gave the company an “overweight” rating in a research note on Wednesday. Eight investment analysts have rated the stock with a hold rating, thirty have assigned a buy rating and four have assigned a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $372.86.

Salesforce Stock Performance

CRM stock opened at $367.94 on Thursday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.04 and a current ratio of 1.04. The stock has a market cap of $351.75 billion, a P/E ratio of 60.52, a P/E/G ratio of 3.00 and a beta of 1.30. The firm has a 50 day simple moving average of $306.55 and a 200 day simple moving average of $271.81. Salesforce has a 52 week low of $212.00 and a 52 week high of $369.00.

Institutional Investors Weigh In On Salesforce

A number of hedge funds have recently added to or reduced their stakes in the stock. Aviance Capital Partners LLC grew its holdings in Salesforce by 0.5% during the 3rd quarter. Aviance Capital Partners LLC now owns 6,797 shares of the CRM provider’s stock worth $1,860,000 after acquiring an additional 33 shares during the last quarter. EWA LLC grew its holdings in Salesforce by 1.7% during the 3rd quarter. EWA LLC now owns 2,001 shares of the CRM provider’s stock worth $548,000 after acquiring an additional 33 shares during the last quarter. Umpqua Bank grew its holdings in Salesforce by 0.4% during the 3rd quarter. Umpqua Bank now owns 7,708 shares of the CRM provider’s stock worth $2,110,000 after acquiring an additional 34 shares during the last quarter. Principal Street Partners LLC grew its holdings in Salesforce by 1.0% during the 3rd quarter. Principal Street Partners LLC now owns 3,297 shares of the CRM provider’s stock worth $891,000 after acquiring an additional 34 shares during the last quarter. Finally, Nvwm LLC grew its holdings in Salesforce by 1.4% during the 3rd quarter. Nvwm LLC now owns 2,565 shares of the CRM provider’s stock worth $667,000 after acquiring an additional 36 shares during the last quarter. Institutional investors own 80.43% of the company’s stock.

Insider Buying and Selling at Salesforce

In related news, insider Sabastian Niles sold 2,484 shares of the stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of $244.81, for a total transaction of $608,108.04. Following the completion of the sale, the insider now owns 828 shares in the company, valued at $202,702.68. This trade represents a 75.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Amy E. Weaver sold 897 shares of the stock in a transaction dated Wednesday, October 23rd. The stock was sold at an average price of $285.29, for a total transaction of $255,905.13. Following the sale, the chief financial officer now owns 52,930 shares of the company’s stock, valued at $15,100,399.70. This trade represents a 1.67 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 140,982 shares of company stock valued at $41,591,457 in the last 90 days. 3.20% of the stock is currently owned by company insiders.

Salesforce Company Profile

Salesforce, Inc provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company's service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and artificial intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer support at scale.