Shares of Salesforce have moved -1.5% today, and are now trading at a price of $244.14. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 3,892,939 compared to the stock's average volume of 8,058,195.
Salesforce, Inc. provides customer relationship management (CRM) technology that connects companies and customers together worldwide. Based in San Francisco, United States the company has 76,453 full time employees and a market cap of $233,397,846,016. Salesforce currently offers its equity investors a dividend that yields 0.7% per year.
The company is now trading -29.24% away from its average analyst target price of $345.01 per share. The 51 analysts following the stock have set target prices ranging from $225.0 to $440.0, and on average give Salesforce a rating of buy.
Over the last 12 months CRM shares have declined by -6.2%, which represents a difference of -20.6% when compared to the S&P 500. The stock's 52 week high is $369.0 per share and its 52 week low is $226.48. Based on Salesforce's average net margin growth of 59.3% over the last 6 years, its core business remains strong and the stock price may recover in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 37,895,000 | 6,197,000 | 16 | 33.33 |
| 2023 | 34,857,000 | 4,136,000 | 12 | 1100.0 |
| 2022 | 31,352,000 | 208,000 | 1 | -80.0 |
| 2021 | 26,492,000 | 1,444,000 | 5 | -73.68 |
| 2020 | 21,252,000 | 4,072,000 | 19 | 1800.0 |
| 2019 | 17,098,000 | 126,000 | 1 |
