Salesforce Inc. (NYSE:CRM – Get Free Report) shares traded down 1.3% during mid-day trading on Tuesday . The stock traded as low as $229.81 and last traded at $233.36. 11,868,545 shares were traded during trading, a decline of 15% from the average session volume of 14,026,866 shares. The stock had previously closed at $236.42.
Trending Headlines about Salesforce
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Here are the key news stories impacting Salesforce this week:
- Positive Sentiment:Salesforce’s agentic-AI business, including Agentforce, is reportedly scaling rapidly. Some analysts argue the market continues to value CRM primarily as a traditional customer-relationship-management company, creating potential upside if AI monetization accelerates. The AI Software Story Wall Street Is Underrating
- Positive Sentiment:Wall Street’s published targets imply further appreciation, with the average target cited by MarketBeat at $275.14. Articles identifying Salesforce as a high-upside large-cap technology stock could support investor interest heading into 2027. 3 Big Tech Stocks With the Most Upside Right Now
- Positive Sentiment:Director David Blair Kirk purchased 4,176 shares for approximately $999,000, increasing his direct ownership by 28.66%. The insider purchase may be viewed as a confidence signal. Salesforce also offers a quarterly dividend of $0.44 per share, or $1.76 annualized. SEC insider transaction filing
- Positive Sentiment:Recent fundamentals remain supportive: Salesforce exceeded quarterly EPS expectations, generated $11.35 billion in revenue, and grew revenue 10.8% year over year. Management’s fiscal 2027 EPS guidance also points to continued earnings growth.
- Neutral Sentiment:Comparisons with ServiceNow and Twilio frame CRM’s investment case around valuation, growth rates, margins and AI exposure. Twilio is viewed as the faster-growing option, while Salesforce offers greater scale and a lower valuation profile. Salesforce vs. ServiceNow
- Negative Sentiment:Technology stocks, including Salesforce, faced selling pressure as investors locked in profits after a strong rally in AI-related shares. This appears to be a market-positioning factor rather than a new Salesforce-specific fundamental setback. AMD, Intel, Salesforce, GameStop, and More Stocks That Explain Today’s Market
Analyst Ratings Changes
A number of research analysts have recently issued reports on the stock. DA Davidson set a $225.00 price target on shares of Salesforce in a research report on Thursday, September 17th. Evercore reaffirmed an “outperform” rating on shares of Salesforce in a research report on Thursday, August 27th. Oppenheimer reissued an “outperform” rating on shares of Salesforce in a report on Thursday, September 17th. Freedom Broker lifted their target price on Salesforce from $230.00 to $295.00 and gave the company a “buy” rating in a research note on Thursday, September 17th. Finally, KeyCorp cut Salesforce from an “overweight” rating to a “sector weight” rating in a research report on Wednesday, July 8th. Three research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, fourteen have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $275.14.
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