Salesforce (NYSE:CRM) Updates Q4 2026 Earnings Guidance

Salesforce (NYSE:CRM) issued an update on its fourth quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 3.020-3.040 for the period, compared to the consensus earnings per share estimate of 2.710. The company issued revenue guidance of $11.1 billion-$11.2 billion, compared to the consensus revenue estimate of $10.9 billion.

Salesforce Trading Up 3.9%

Shares of CRM stock opened at $247.92 on Friday. The firm has a market capitalization of $236.02 billion, a PE ratio of 33.10, a price-to-earnings-growth ratio of 1.87 and a beta of 1.25. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.12 and a current ratio of 1.12. Salesforce has a 1 year low of $221.96 and a 1 year high of $367.15. The stock has a fifty day moving average of $242.92 and a two-hundred day moving average of $253.07.

Salesforce (NYSE:CRM) last posted its quarterly earnings data on Wednesday, December 3rd. The CRM provider reported $3.25 earnings per share for the quarter, topping the consensus estimate of $2.86 by $0.39. Salesforce had a net margin of 17.91% and a return on equity of 14.35%. The business had revenue of $10.26 billion during the quarter, compared to the consensus estimate of $10.27 billion. During the same quarter in the prior year, the company posted $2.41 earnings per share. The company’s quarterly revenue was up 9.1% compared to the same quarter last year. Salesforce has set its Q4 2026 guidance at 3.020-3.040 EPS. As a group, research analysts expect that Salesforce will post 7.46 EPS for the current year.

Wall Street Analyst Weigh In

CRM has been the topic of a number of research reports. Macquarie boosted their price objective on Salesforce from $250.00 to $265.00 and gave the stock a “neutral” rating in a research note on Thursday. Oppenheimer cut their price target on shares of Salesforce from $315.00 to $300.00 and set an “outperform” rating for the company in a report on Monday. Evercore ISI lowered their price objective on shares of Salesforce from $360.00 to $340.00 and set an “outperform” rating on the stock in a research note on Thursday. Deutsche Bank Aktiengesellschaft increased their target price on shares of Salesforce from $340.00 to $360.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Salesforce in a research report on Monday, November 24th. Twenty-nine equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Salesforce presently has a consensus rating of “Moderate Buy” and an average target price of $326.27.

Insider Buying and Selling at Salesforce

In other Salesforce news, insider Parker Harris sold 134,662 shares of Salesforce stock in a transaction on Tuesday, December 2nd. The shares were sold at an average price of $234.70, for a total transaction of $31,605,171.40. Following the completion of the sale, the insider owned 139,767 shares of the company’s stock, valued at $32,803,314.90. This trade represents a 49.07% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Marc Benioff sold 122 shares of the company’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $259.00, for a total transaction of $31,598.00. Following the completion of the transaction, the chief executive officer directly owned 11,911,571 shares in the company, valued at $3,085,096,889. This trade represents a 0.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 184,284 shares of company stock valued at $43,862,999. 3.00% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of CRM. Texas Capital Bancshares Inc TX purchased a new stake in shares of Salesforce during the 3rd quarter worth about $28,000. Measured Wealth Private Client Group LLC acquired a new position in Salesforce in the third quarter worth approximately $39,000. Turning Point Benefit Group Inc. bought a new position in Salesforce during the third quarter valued at approximately $61,000. Kelleher Financial Advisors acquired a new stake in Salesforce in the third quarter valued at approximately $206,000. Finally, Sittner & Nelson LLC grew its position in Salesforce by 9.3% in the third quarter. Sittner & Nelson LLC now owns 892 shares of the CRM provider’s stock worth $211,000 after acquiring an additional 76 shares in the last quarter. 80.43% of the stock is owned by institutional investors and hedge funds.

About Salesforce

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.