Salesforce (NYSE:CRM) Updates Q3 2027 Earnings Guidance

Salesforce (NYSE:CRM) issued an update on its third quarter 2027 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 3.420-3.440 for the period, compared to the consensus earnings per share estimate of 3.160. The company issued revenue guidance of $11.4 billion-$11.5 billion, compared to the consensus revenue estimate of $11.4 billion. Salesforce also updated its FY 2027 guidance to 16.670-16.710 EPS.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on CRM. KeyCorp cut shares of Salesforce from an “overweight” rating to a “sector weight” rating in a research note on Wednesday, July 8th. HC Wainwright cut Salesforce to a “negative” rating in a report on Thursday, June 18th. Needham & Company LLC reissued a “buy” rating on shares of Salesforce in a research report on Tuesday, June 16th. UBS Group boosted their price target on Salesforce from $185.00 to $210.00 and gave the stock a “neutral” rating in a report on Wednesday, August 12th. Finally, Raymond James Financial restated a “strong-buy” rating on shares of Salesforce in a research report on Tuesday, July 21st. Two analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, seventeen have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, Salesforce has an average rating of “Moderate Buy” and a consensus price target of $248.72.

Salesforce Trading Up 0.2%

Salesforce stock traded up $0.32 during trading on Wednesday, hitting $206.01. The company’s stock had a trading volume of 10,769,734 shares, compared to its average volume of 13,605,874. The stock’s fifty day moving average is $176.11 and its 200 day moving average is $181.49. Salesforce has a 1-year low of $146.32 and a 1-year high of $269.11. The stock has a market capitalization of $168.72 billion, a price-to-earnings ratio of 23.84, a P/E/G ratio of 1.13 and a beta of 1.16. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.79 and a current ratio of 0.79.

Salesforce (NYSE:CRM) last announced its quarterly earnings data on Wednesday, May 27th. The CRM provider reported $3.88 earnings per share for the quarter, topping the consensus estimate of $3.13 by $0.75. Salesforce had a net margin of 18.73% and a return on equity of 18.72%. The business had revenue of $11.13 billion for the quarter, compared to analyst estimates of $11.05 billion. During the same period in the prior year, the firm posted $2.58 EPS. The company’s revenue was up 13.3% on a year-over-year basis. As a group, equities research analysts predict that Salesforce will post 10.27 EPS for the current year.

Salesforce Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Thursday, June 11th were issued a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Thursday, June 11th. Salesforce’s dividend payout ratio (DPR) is 20.37%.

Salesforce News Roundup

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Analysts remain supportive ahead of the report. Canaccord Genuity reaffirmed a “buy” rating with a $225 price target, while Citizens JMP maintained “market outperform” with a $315 target. BTIG also reaffirmed its buy rating. BTIG Research Reaffirms Buy Rating for Salesforce
• Positive Sentiment: Salesforce’s Agentforce AI platform and its expanding third-party AgentExchange ecosystem are viewed as potential growth drivers. New integrations from ZoomInfo and Agiloft could increase adoption of Salesforce and Slack’s AI-powered workflows. Salesforce AgentExchange ecosystem
• Neutral Sentiment: Consensus expectations call for roughly $11.3 billion in quarterly revenue and $3.27 in EPS, representing approximately 11% revenue growth and 12% earnings growth. Options markets imply a broad post-earnings trading range of about $190 to $220, highlighting elevated uncertainty. Salesforce Q2 earnings expectations
• Neutral Sentiment: Jefferies expects an in-line quarter, but investors will focus more heavily on signs of second-half growth reacceleration. A survey of Salesforce partners showed 70% were at or above plan, offering a modestly encouraging demand signal. Jefferies Salesforce earnings preview
• Negative Sentiment: The stock’s weak 2026 chart reflects investor concerns that AI competition could disrupt traditional software growth and that Salesforce has yet to demonstrate a durable acceleration from its AI investments. Broader software-sector volatility, amplified by momentum and leveraged trading, is adding to the pressure. Software-sector volatility
• Negative Sentiment: Another senior OpenAI sales executive reportedly returning to Salesforce may benefit CRM’s talent base, but it also underscores ongoing uncertainty and leadership churn within the AI ecosystem. OpenAI executive returns to Salesforce

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Fred Alger Management LLC boosted its stake in Salesforce by 0.3% during the 3rd quarter. Fred Alger Management LLC now owns 14,943 shares of the CRM provider’s stock valued at $3,548,000 after acquiring an additional 45 shares during the last quarter. Synergy Financial Group LTD raised its stake in shares of Salesforce by 2.4% in the 3rd quarter. Synergy Financial Group LTD now owns 2,035 shares of the CRM provider’s stock valued at $482,000 after purchasing an additional 48 shares in the last quarter. Triumph Capital Management raised its stake in shares of Salesforce by 4.2% in the 4th quarter. Triumph Capital Management now owns 1,448 shares of the CRM provider’s stock valued at $383,000 after purchasing an additional 59 shares in the last quarter. ANB Bank lifted its position in shares of Salesforce by 1.0% during the fourth quarter. ANB Bank now owns 5,755 shares of the CRM provider’s stock worth $1,525,000 after purchasing an additional 59 shares during the last quarter. Finally, Sunbelt Securities Inc. lifted its position in shares of Salesforce by 1.6% during the third quarter. Sunbelt Securities Inc. now owns 3,923 shares of the CRM provider’s stock worth $930,000 after purchasing an additional 62 shares during the last quarter. Institutional investors and hedge funds own 80.43% of the company’s stock.

Salesforce Company Profile

Salesforce, founded in 1999 and headquartered in San Francisco, is a global provider of cloud-based software focused on customer relationship management (CRM) and enterprise applications. The company popularized the software-as-a-service (SaaS) model for CRM and has built a broad portfolio of products designed to help organizations manage sales, service, marketing, commerce and analytics through a unified, cloud-first platform.

Core offerings include Sales Cloud for sales automation, Service Cloud for customer support, Marketing Cloud for digital marketing and engagement, and Commerce Cloud for e-commerce.