Salesforce (CRM) closed at $218.01 in the latest trading session, marking a +2.12% move from the prior day. The stock outpaced the S&P 500’s daily gain of 1.31%. Meanwhile, the Dow gained 0.49%, and the Nasdaq, a tech-heavy index, added 1.6%.
Heading into today, shares of the customer-management software developer had lost 10.31% over the past month, outpacing the Computer and Technology sector’s loss of 13.88% and lagging the S&P 500’s loss of 3.66%.
Analysts and investors alike will be keeping a close eye on the performance of Salesforce in its upcoming earnings disclosure. The company’s earnings report is set to go public on December 2, 2026. It is anticipated that the company will report an EPS of $3.43, marking a 5.54% rise compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $11.46 billion, up 11.73% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $16.72 per share and a revenue of $46.25 billion, representing changes of +33.55% and +11.38%, respectively, from the prior year.
It’s also important for investors to be aware of any recent modifications to analyst estimates for Salesforce. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts’ positivity towards the business operations and its ability to generate profits.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we’ve formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Currently, Salesforce is carrying a Zacks Rank of #2 (Buy).
Digging into valuation, Salesforce currently has a Forward P/E ratio of 12.77. This signifies a discount in comparison to the average Forward P/E of 20.38 for its industry.
It’s also important to note that CRM currently trades at a PEG ratio of 0.74. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company’s expected earnings growth rate. CRM’s industry had an average PEG ratio of 1.29 as of yesterday’s close.
