The price of Salesforce Inc (NYSE:CRM) shares last traded on Wall Street rose 0.23% to $269.33.
CRM stock price is now -1.57% away from the 50-day moving average and -8.02% away from the 200-day moving average. The market capitalization of the company currently stands at $258.42B.
With the price target maintained at $200, DA Davidson recently Downgraded its rating from Neutral to Underperform for Salesforce Inc (NYSE: CRM). On March 19, 2025, Stephens recently initiated its ‘Equal-Weight’ rating on the stock quoting a target price of $311, while ‘BMO Capital Markets’ rates the stock as ‘Outperform’
In other news, Reddy Sundeep G., EVP & Chief Accounting Officer sold 1,525 shares of the company’s stock on Apr 23 ’25. The stock was sold for $386,837 at an average price of $253.66. Upon completion of the transaction, the EVP & Chief Accounting Officer now directly owns 12,211 shares in the company, valued at $3.29 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 23 ’25, Chief Product & Impact Officer SCHMAIER R DAVID sold 4,586 shares of the business’s stock. A total of $1,163,302 was realized by selling the stock at an average price of $253.66. This leaves the insider owning 33,273 shares of the company worth $8.96 million. A total of 2.59% of the company’s stock is owned by insiders.
During the past 12 months, Salesforce Inc has had a low of $212.00 and a high of $369.00. As of last week, the company has a debt-to-equity ratio of 0.20, a current ratio of 0.99, and a quick ratio of 0.99. According to the stock market information, the enterprise value for the company is $256864124928, which is based on a 42.34 price-to-earnings ratio, a 3.37 price-to-earnings-growth ratio, and a beta of 1.42. The fifty day moving average price for CRM is $273.6326 and a two-hundred day moving average price translates $292.82455 for the stock.
The latest earnings results from Salesforce Inc (NYSE: CRM) was released for 2025-01-31. The net profit margin was 16.35% and return on equity was 10.26% for CRM. The company reported revenue of $9.99 billion for the quarter, compared to $9.29 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.6 percent.
