Salesforce Stock Today

CRM Stock  USD 300.51  6.18  2.10%   

Performance

8 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
Salesforce is selling at 300.51 as of the 19th of March 2024; that is 2.10 percent up since the beginning of the trading day. The stock's lowest day price was 296.02. Salesforce has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok 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 24th of January 2023 and ending today, the 19th of March 2024. 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 970 M outstanding shares of which 9.23 M shares are currently shorted by investors with about 1.61 days to cover. More on Salesforce

Moving against Salesforce Stock

  0.84U Unity Software Sell-off TrendPairCorr
  0.76VS Versus Systems Tech BoostPairCorr
  0.74WK Workiva Financial Report 7th of May 2024 PairCorr
  0.71DMAN Innovativ Media GroupPairCorr
  0.59QH QuhuoLtd Report 12th of April 2024 PairCorr
  0.56EB Eventbrite Class A Tech BoostPairCorr
  0.5DT Dynatrace Holdings LLC Sell-off TrendPairCorr

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
ChairmanBret Taylor
Thematic Ideas
Showing 3 out of 4 themes
Old NameCarbon Minerals Ltd
Business ConcentrationApplication Software, Software - Application, Information Technology, NYSE Composite, Dow Jones Industrial, Nasdaq CTA Artificial, SP 500 Index, SP 100 Index, SP 100, ARCA Institutional, WSE WIG INDEX, Artificial Intelligence, Hedge Favorites, Momentum, ESG Investing, Information Technology, Software, Software—Application, Technology (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.
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.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Salesforce's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Salesforce deploys its capital and how much of that capital is borrowed.
Liquidity
Salesforce cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 13.56 B in debt with debt to equity (D/E) ratio of 0.24, which may show that the company is not taking advantage of profits from borrowing. Salesforce has a current ratio of 1.04, demonstrating that it is in a questionable position to pay out its financial commitments when the payables are due. Debt can assist Salesforce until it has trouble settling it off, either with new capital or with free cash flow. So, Salesforce's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Salesforce sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Salesforce to invest in growth at high rates of return. When we think about Salesforce's use of debt, we should always consider it together with cash and equity.

Depreciation

6.18 Billion
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 72,682 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 285.5 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 970 M outstanding shares of which 9.23 M shares are currently shorted by investors with about 1.61 days to cover. Salesforce has about 7.02 B in cash with 10.23 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 13.53.
Check Salesforce Probability Of Bankruptcy
Ownership Allocation
Salesforce maintains a total of 970 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 is 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.
Check Salesforce Ownership Details

Salesforce 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 about 13.17%. 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 1.202 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 0.0846, implying that it can generate a 0.0846 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 300.51HorizonTargetOdds Above 300.51
86.72%90 days
 300.51 
13.17%
Based on a normal probability distribution, the odds of Salesforce to move above the current price in 90 days from now is about 13.17 (This Salesforce probability density function shows the probability of Salesforce Stock to fall within a particular range of prices over 90 days) .

Salesforce Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Salesforce that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Salesforce's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Salesforce's value.
InstituionRecorded OnShares
Jpmorgan Chase & Co2023-12-31
13.2 M
Capital Research Global Investors2023-12-31
11.3 M
Northern Trust Corp2023-12-31
10.6 M
Norges Bank2023-12-31
10.5 M
Wellington Management Company Llp2023-12-31
10.5 M
Bank Of America Corp2023-12-31
8.9 M
Jennison Associates Llc2023-12-31
8.6 M
Nuveen Asset Management, Llc2023-12-31
8.4 M
Legal & General Group Plc2023-12-31
8.1 M
Vanguard Group Inc2023-12-31
83.6 M
Blackrock Inc2023-12-31
72.5 M
View Salesforce Diagnostics

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 Operating Income is very stable compared to the past year. As of the 19th of March 2024, EBIT is likely to grow to about 6.3 B, while Minority Interest is likely to drop about 3.1 M. View More Fundamentals

Salesforce 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.

Be your own money manager

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?

Run Price Ceiling Movement Now

   

Price Ceiling Movement

Calculate and plot Price Ceiling Movement for different equity instruments
All  Next Launch Module

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 RoosIndependent DirectorProfile
Parker HarrisCo-Founder, Chief Technology Officer, DirectorProfile
Susan WojcickiIndependent DirectorProfile
Lawrence TomlinsonIndependent DirectorProfile

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 metropolitan statistical area.
To learn how to invest in Salesforce Stock, please use our How to Invest in Salesforce guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

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.
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Stocks Directory
Find actively traded stocks across global markets
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
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
4.21
Revenue Per Share
35.787
Quarterly Revenue Growth
0.108
Return On Assets
0.0377
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.