Salesforce (NYSE:CRM) Stock Price Down 1.5% – What’s Next?

25 Jun 2026, 17:21 by Scott Moore · The Cerbat Gem

Salesforce Inc. (NYSE:CRM – Get Free Report) shares dropped 1.5% during mid-day trading on Thursday . The stock traded as low as $148.78 and last traded at $150.3940. Approximately 11,246,220 shares were traded during mid-day trading, a decline of 20% from the average daily volume of 14,011,568 shares. The stock had previously closed at $152.76.

Analyst Ratings Changes

Several brokerages have recently commented on CRM. KeyCorp reduced their price objective on shares of Salesforce from $300.00 to $290.00 and set an “overweight” rating for the company in a research report on Thursday, May 28th. BMO Capital Markets dropped their target price on shares of Salesforce from $225.00 to $215.00 and set an “outperform” rating on the stock in a research report on Thursday, May 28th. Citigroup reissued a “market outperform” rating on shares of Salesforce in a research note on Thursday, May 28th. Piper Sandler cut shares of Salesforce from an “overweight” rating to a “neutral” rating in a report on Thursday, May 28th. Finally, Royal Bank Of Canada reissued a “neutral” rating on shares of Salesforce in a research note on Thursday, June 4th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, eleven have issued a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, Salesforce has an average rating of “Moderate Buy” and a consensus target price of $257.61.

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Salesforce Stock Down 1.5%

The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.15. The stock’s 50-day moving average price is $176.37 and its two-hundred day moving average price is $202.28. The stock has a market capitalization of $123.17 billion, a P/E ratio of 17.41, a P/E/G ratio of 0.96 and a beta of 1.16.

Salesforce (NYSE:CRM – Get Free Report) last issued its quarterly earnings results on Wednesday, May 27th. The CRM provider reported $3.88 EPS for the quarter, beating analysts’ consensus estimates of $3.13 by $0.75. The firm had revenue of $11.13 billion for the quarter, compared to analysts’ expectations of $11.05 billion. Salesforce had a return on equity of 18.72% and a net margin of 18.73%.The business’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.58 EPS. Salesforce has set its FY 2027 guidance at 14.060-14.120 EPS and its Q2 2027 guidance at 3.250-3.270 EPS. As a group, research analysts expect that Salesforce Inc. will post 10.29 earnings per share for the current fiscal year.

Salesforce Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Shareholders of record on Thursday, June 11th will be issued a dividend of $0.44 per share. The ex-dividend date of this dividend is Thursday, June 11th. This represents a $1.76 dividend on an annualized basis and a yield of 1.2%. Salesforce’s payout ratio is presently 20.37%.

Salesforce announced that its Board of Directors has initiated a share repurchase plan on Monday, March 16th that allows the company to buyback $25.00 billion in outstanding shares. This buyback authorization allows the CRM provider to reacquire up to 14.1% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

Institutional Investors Weigh In On Salesforce

Hedge funds and other institutional investors have recently modified their holdings of the stock. Byrne Asset Management LLC increased its stake in shares of Salesforce by 1.0% during the fourth quarter. Byrne Asset Management LLC now owns 4,331 shares of the CRM provider’s stock valued at $1,147,000 after buying an additional 43 shares during the period. Mathes Company Inc. lifted its stake in Salesforce by 0.4% in the third quarter. Mathes Company Inc. now owns 12,558 shares of the CRM provider’s stock worth $2,976,000 after acquiring an additional 45 shares during the period. Fred Alger Management LLC boosted its holdings in Salesforce by 0.3% in the third 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 in the last quarter. Fulcrum Asset Management LLP boosted its holdings in Salesforce by 1.7% in the third quarter. Fulcrum Asset Management LLP now owns 2,774 shares of the CRM provider’s stock valued at $657,000 after acquiring an additional 46 shares in the last quarter. Finally, Pine Haven Investment Counsel Inc increased its position in Salesforce by 1.5% during the 4th quarter. Pine Haven Investment Counsel Inc now owns 3,152 shares of the CRM provider’s stock valued at $835,000 after purchasing an additional 46 shares during the period. 80.43% of the stock is currently owned by institutional investors.

Salesforce Company Profile

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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.