Salesforce Stock Today
| CRM Stock | USD 260.00 8.10 3.22% |
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Salesforce is selling at 260.00 as of the 4th of December 2023; that is 3.22 percent up since the beginning of the trading day. The stock's lowest day price was 249.7. Salesforce has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Salesforce are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of November 2023 and ending today, the 4th of December 2023. Click here to learn more.
Business Domain Software & Services | IPO Date 23rd of June 2004 | Category Technology | Classification Information Technology |
Salesforce, Inc. provides customer relationship management technology that brings companies and customers together worldwide. Salesforce, Inc. was incorporated in 1999 and is headquartered in San Francisco, California. Salesforce operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. The company has 968 M outstanding shares of which 8.01 M shares are currently shorted by investors with about 1.91 days to cover. More on Salesforce
Moving together with Salesforce Stock
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Follow Valuation Options Odds of Bankruptcy
Financial Report 6th of March 2024
Salesforce Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Salesforce's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Salesforce or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Salesforce's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Salesforce's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| Chairman | Bret Taylor | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | Showing 3 out of 4 themes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| SEC Filings | Salesforce Security & Exchange Commission EDGAR Reports | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [CARR'S MILLING IND - London Stock Exchang, Carbon Minerals Ltd] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Application Software, Software - Application, Information Technology, NYSE Composite, Dow Jones Industrial, Artificial Intelligence, ESG Investing, Hedge Favorites, Momentum (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Salesforce report their recommendations after researching Salesforce's financial statements, talking to executives and customers, or listening in on Salesforce's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Salesforce. The Salesforce consensus assessment is calculated by taking the average forecast from all of the analysts covering Salesforce. Buy37 Opinions | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Piotroski F Score Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Salesforce based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Salesforce financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks. StrongDetails
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| Macroaxis Advice The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Salesforce's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details Strong BuyOvervalued | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Salesforce's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Salesforce's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Salesforce's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Salesforce's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Salesforce's financial leverage. It provides some insight into what part of Salesforce's total assets is financed by creditors.
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Salesforce (CRM) is traded on New York Stock Exchange in USA. It is located in Salesforce Tower, San Francisco, CA, United States, 94105 and employs 79,390 people. Salesforce is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a total capitalization of 251.68 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Salesforce's market, we take the total number of its shares issued and multiply it by Salesforce's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Salesforce runs under Software sector within Information Technology industry. The entity has 968 M outstanding shares of which 8.01 M shares are currently shorted by investors with about 1.91 days to cover.
Salesforce has about 7.02 B in cash with 7.11 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 13.53.
Check Salesforce Probability Of Bankruptcy
OwnershipSalesforce maintains a total of 968 Million outstanding shares. The majority of Salesforce outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Salesforce to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Salesforce. Please pay attention to any change in the institutional holdings of Salesforce as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Ownership Allocation
Check Salesforce Ownership DetailsSalesforce Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Salesforce jumping above the current price in 90 days from now is near 1%. The Salesforce probability density function shows the probability of Salesforce stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.2407 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Salesforce will likely underperform. Additionally, the company has an alpha of 0.2799, implying that it can generate a 0.28 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Salesforce to move above the current price in 90 days from now is near 1 (This Salesforce probability density function shows the probability of Salesforce Stock to fall within a particular range of prices over 90 days) .
Salesforce Historical Income Statement
Salesforce Income Statement is one of the three primary financial statements used for reporting Salesforce's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Salesforce revenue and expense. Salesforce Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Salesforce's Net Income Common Stock is very stable as compared to the past year. . As of the 4th of December 2023, Operating Expenses is likely to grow to about 23.7 B, while Selling General and Administrative Expense is likely to drop about 12.8 B. View More FundamentalsSalesforce Stock Against Markets
Picking the right benchmark for Salesforce stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Salesforce stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Salesforce is critical whether you are bullish or bearish towards Salesforce at a given time. Please also check how Salesforce's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Salesforce without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Salesforce Corporate Directors
Salesforce corporate directors refer to members of a Salesforce board of directors. The board of directors generally takes responsibility for the Salesforce's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Salesforce's board members must vote for the resolution. The Salesforce board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| John Roos | Independent Director | Profile | |
| Parker Harris | Co-Founder, Chief Technology Officer, Director | Profile | |
| Susan Wojcicki | Independent Director | Profile | |
| Lawrence Tomlinson | Independent Director | Profile |
How to buy Salesforce Stock?
Before investing in Salesforce, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Salesforce. To buy Salesforce stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Salesforce. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Salesforce stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Salesforce stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Salesforce stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Salesforce, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Salesforce Stock please use our How to Invest in Salesforce guide.
Already Invested in Salesforce?
The danger of trading Salesforce is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Salesforce is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Salesforce. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Salesforce is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Salesforce is a strong investment it is important to analyze Salesforce's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Salesforce's future performance. For an informed investment choice regarding Salesforce Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Salesforce. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index. To learn how to invest in Salesforce Stock, please use our How to Invest in Salesforce guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Salesforce Stock analysis
When running Salesforce's price analysis, check to measure Salesforce's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Salesforce is operating at the current time. Most of Salesforce's value examination focuses on studying past and present price action to predict the probability of Salesforce's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Salesforce's price. Additionally, you may evaluate how the addition of Salesforce to your portfolios can decrease your overall portfolio volatility.
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Is Salesforce's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Salesforce. If investors know Salesforce will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Salesforce listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 4.952 | Earnings Share 2.63 | Revenue Per Share 34.727 | Quarterly Revenue Growth 0.113 | Return On Assets 0.0368 |
The market value of Salesforce is measured differently than its book value, which is the value of Salesforce that is recorded on the company's balance sheet. Investors also form their own opinion of Salesforce's value that differs from its market value or its book value, called intrinsic value, which is Salesforce's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Salesforce's market value can be influenced by many factors that don't directly affect Salesforce's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Salesforce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Salesforce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Salesforce's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.