Salesforce (NYSE:CRM) Releases FY 2027 Earnings Guidance

Salesforce (NYSE:CRM) updated its FY 2027 earnings guidance on Wednesday. The company provided EPS guidance of 16.670-16.710 for the period, compared to the consensus EPS estimate of 13.360. The company issued revenue guidance of $46.1 billion-$46.4 billion, compared to the consensus revenue estimate of $46.1 billion. Salesforce also updated its Q3 2027 guidance to 3.420-3.440 EPS.

Salesforce Trading Up 0.2%

NYSE CRM opened at $206.01 on Thursday. The firm’s 50 day moving average price is $177.13 and its two-hundred day moving average price is $181.60. 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 has a twelve month low of $146.32 and a twelve month high of $269.11. The stock has a market cap of $168.72 billion, a price-to-earnings ratio of 23.84, a PEG ratio of 1.11 and a beta of 1.16.

Salesforce (NYSE:CRM) last released its earnings results on Wednesday, August 26th. The CRM provider reported $5.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.27 by $2.63. The company had revenue of $11.35 billion during the quarter, compared to analyst estimates of $11.33 billion. Salesforce had a return on equity of 18.72% and a net margin of 18.73%.The company’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.91 earnings per share. Salesforce has set its FY 2027 guidance at 16.670-16.710 EPS and its Q3 2027 guidance at 3.420-3.440 EPS. Equities analysts anticipate that Salesforce will post 10.27 EPS for the current year.

Wall Street Analysts Forecast Growth

CRM has been the subject of a number of research analyst reports. Phillip Securities downgraded shares of Salesforce from a “buy” rating to a “hold” rating and cut their target price for the stock from $253.00 to $166.00 in a research report on Monday, June 29th. Weiss Ratings upgraded shares of Salesforce from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, August 12th. BMO Capital Markets raised their target price on shares of Salesforce from $215.00 to $230.00 and gave the company an “outperform” rating in a research note on Thursday, August 20th. TD Cowen reaffirmed a “buy” rating on shares of Salesforce in a research report on Friday, June 12th. Finally, Wedbush initiated coverage on Salesforce in a research note on Wednesday, July 1st. They issued an “outperform” rating on the stock. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, seventeen have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $250.49.

Trending Headlines about Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Results exceeded expectations. Salesforce reported adjusted EPS of $5.90 versus the $3.27 consensus estimate, while revenue rose 10.8% year over year to $11.35 billion, slightly above forecasts. Salesforce Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: Higher full-year outlook signals confidence. Salesforce raised fiscal 2027 guidance to $46.1 billion-$46.4 billion in revenue and $16.67-$16.71 in EPS. Its third-quarter EPS forecast of $3.42-$3.44 also exceeds the $3.16 analyst estimate. Salesforce Raises Annual Revenue Forecasts
• Positive Sentiment: AI adoption is becoming a growth catalyst. Agentforce annual recurring revenue reached $1.5 billion, and management said AI usage on the platform has increased sixfold. The figures support Salesforce’s argument that autonomous agents are expanding—not undermining—its CRM ecosystem. Salesforce Q2 Earnings Call Highlights
• Positive Sentiment: Expanded Anthropic partnership strengthens the AI narrative. The new “Claudeforce” integration brings Anthropic’s Claude into Salesforce workflows, data and business processes, potentially increasing enterprise engagement and supporting the company’s competitive positioning. Salesforce and Anthropic Announce Claudeforce
• Positive Sentiment: Analyst support adds momentum. Citizens JMP reiterated a Market Outperform rating with a $315 target, while Canaccord maintained a Buy rating and a $225 target. Citizens JMP Market Outperform Rating
• Neutral Sentiment: Broader technology sentiment also improved after Nvidia delivered strong results and an optimistic AI outlook, lifting confidence in continued enterprise AI spending. Nvidia Outlook Boosts Markets
• Negative Sentiment: Investors remain sensitive to whether AI agents could eventually cannibalize traditional software revenue, and software stocks continue to face elevated volatility. Salesforce’s forecast also includes expected acquisitions, making organic growth an important metric to monitor.

Institutional Trading of Salesforce

A number of hedge funds have recently modified their holdings of CRM. Brighton Jones LLC lifted its position in Salesforce by 13.7% in the fourth quarter. Brighton Jones LLC now owns 25,668 shares of the CRM provider’s stock worth $8,582,000 after purchasing an additional 3,102 shares during the period. Revolve Wealth Partners LLC raised its stake in shares of Salesforce by 12.6% in the 4th quarter. Revolve Wealth Partners LLC now owns 1,827 shares of the CRM provider’s stock valued at $611,000 after buying an additional 205 shares in the last quarter. Bison Wealth LLC lifted its stake in Salesforce by 9.0% during the fourth quarter. Bison Wealth LLC now owns 2,234 shares of the CRM provider’s stock worth $747,000 after purchasing an additional 184 shares during the period. Sivia Capital Partners LLC grew its stake in shares of Salesforce by 3.7% in the 2nd quarter. Sivia Capital Partners LLC now owns 2,958 shares of the CRM provider’s stock valued at $807,000 after purchasing an additional 106 shares during the period. Finally, United Bank raised its holdings in shares of Salesforce by 5.2% in the 2nd quarter. United Bank now owns 10,198 shares of the CRM provider’s stock worth $2,781,000 after buying an additional 500 shares in the last quarter. Institutional investors own 80.43% of the company’s stock.

About Salesforce

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.