Zacks Research Predicts Salesforce’s Q1 Earnings (NYSE:CRM)

Salesforce, Inc. (NYSE:CRM) – Equities research analysts at Zacks Research lowered their Q1 2026 earnings estimates for shares of Salesforce in a report released on Wednesday, March 19th. Zacks Research analyst R. Department now anticipates that the CRM provider will post earnings per share of $1.92 for the quarter, down from their prior estimate of $1.93. The consensus estimate for Salesforce’s current full-year earnings is $7.46 per share. Zacks Research also issued estimates for Salesforce’s Q2 2026 earnings at $2.08 EPS, Q3 2026 earnings at $2.14 EPS, Q4 2026 earnings at $2.35 EPS, FY2026 earnings at $8.49 EPS, Q1 2027 earnings at $2.25 EPS, Q2 2027 earnings at $2.37 EPS, Q3 2027 earnings at $2.44 EPS, Q4 2027 earnings at $2.65 EPS, FY2027 earnings at $9.71 EPS and FY2028 earnings at $11.53 EPS.

A number of other equities analysts have also commented on the stock. Needham & Company LLC reiterated a “buy” rating and set a $400.00 price target on shares of Salesforce in a report on Thursday, February 27th. Robert W. Baird cut their target price on Salesforce from $430.00 to $400.00 and set an “outperform” rating on the stock in a report on Thursday, February 27th. Wedbush reissued an “outperform” rating and issued a $425.00 price target on shares of Salesforce in a research note on Wednesday, December 18th. JMP Securities reaffirmed a “market outperform” rating and issued a $450.00 price objective on shares of Salesforce in a research note on Wednesday, December 18th. Finally, Bank of America decreased their target price on shares of Salesforce from $440.00 to $400.00 and set a “buy” rating for the company in a research report on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, thirty-one have issued a buy rating and five have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $362.74.

Salesforce Price Performance

Shares of CRM opened at $286.26 on Monday. The business has a 50-day simple moving average of $312.85 and a two-hundred day simple moving average of $310.64. Salesforce has a 12-month low of $212.00 and a 12-month high of $369.00. The stock has a market cap of $275.10 billion, a PE ratio of 47.08, a PEG ratio of 2.58 and a beta of 1.35. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.14.

Hedge Funds Weigh In On Salesforce

Institutional investors have recently made changes to their positions in the stock. Foundations Investment Advisors LLC increased its stake in Salesforce by 15.0% in the fourth quarter. Foundations Investment Advisors LLC now owns 36,473 shares of the CRM provider’s stock valued at $12,194,000 after acquiring an additional 4,752 shares during the last quarter. Nabity Jensen Investment Management Inc purchased a new position in shares of Salesforce in the 3rd quarter worth about $1,215,000. Athena Investment Management bought a new position in shares of Salesforce during the 4th quarter valued at about $236,000. Highland Capital Management LLC bought a new stake in Salesforce in the 4th quarter worth approximately $4,321,000. Finally, Geode Capital Management LLC boosted its stake in Salesforce by 1.3% in the third quarter. Geode Capital Management LLC now owns 19,780,318 shares of the CRM provider’s stock worth $5,395,132,000 after buying an additional 257,501 shares in the last quarter. Institutional investors own 80.43% of the company’s stock.

Insider Activity

In other Salesforce news, insider R David Schmaier sold 1,785 shares of the company’s stock in a transaction dated Thursday, December 26th. The stock was sold at an average price of $344.00, for a total value of $614,040.00. Following the transaction, the insider now directly owns 19,116 shares in the company, valued at $6,575,904. This represents a 8.54 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Amy E. Weaver sold 6,221 shares of Salesforce stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $277.37, for a total value of $1,725,518.77. Following the sale, the chief financial officer now owns 46,750 shares of the company’s stock, valued at approximately $12,967,047.50. This trade represents a 11.74 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 36,541 shares of company stock worth $11,599,604. 3.20% of the stock is 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.