What is William Blair’s Forecast for Salesforce Q3 Earnings?

Salesforce, Inc. (NYSE:CRM) – Equities researchers at William Blair boosted their Q3 2026 earnings estimates for shares of Salesforce in a research note issued to investors on Thursday, February 27th. William Blair analyst A. Bhatia now anticipates that the CRM provider will post earnings per share of $2.12 for the quarter, up from their previous forecast of $1.98. The consensus estimate for Salesforce’s current full-year earnings is $7.46 per share.

Salesforce (NYSE:CRM) last posted its quarterly earnings results on Tuesday, December 3rd. The CRM provider reported $2.41 EPS for the quarter, missing analysts’ consensus estimates of $2.44 by ($0.03). The company had revenue of $9.44 billion during the quarter, compared to the consensus estimate of $9.35 billion. Salesforce had a return on equity of 12.34% and a net margin of 15.96%. The company’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same period last year, the firm posted $1.62 EPS.

A number of other research firms have also recently commented on CRM. BMO Capital Markets lowered their price target on shares of Salesforce from $375.00 to $367.00 and set an “outperform” rating on the stock in a report on Thursday, February 27th. Robert W. Baird reduced their price objective on shares of Salesforce from $430.00 to $400.00 and set an “outperform” rating for the company in a research note on Thursday, February 27th. Royal Bank of Canada lifted their price objective on shares of Salesforce from $300.00 to $420.00 and gave the company an “outperform” rating in a research note on Wednesday, December 4th. Morgan Stanley lifted their price objective on shares of Salesforce from $330.00 to $405.00 and gave the company an “overweight” rating in a research note on Wednesday, December 4th. Finally, DA Davidson reduced their price objective on shares of Salesforce from $300.00 to $275.00 and set a “neutral” rating for the company in a research note on Thursday, February 27th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, thirty-two have issued a buy rating and four have assigned a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $365.32.

Salesforce Trading Down 2.0 %

NYSE:CRM opened at $287.10 on Monday. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $274.76 billion, a PE ratio of 47.22, a price-to-earnings-growth ratio of 2.58 and a beta of 1.31. The firm’s 50 day moving average is $326.96 and its 200 day moving average is $308.33. Salesforce has a 12 month low of $212.00 and a 12 month high of $369.00.

Hedge Funds Weigh In On Salesforce

A number of hedge funds have recently made changes to their positions in the business. Bernard Wealth Management Corp. purchased a new stake in shares of Salesforce in the fourth quarter worth about $25,000. Infrastructure Capital Advisors LLC bought a new position in Salesforce in the 3rd quarter worth about $27,000. Accredited Wealth Management LLC bought a new position in Salesforce in the 4th quarter worth about $27,000. Arlington Trust Co LLC boosted its stake in shares of Salesforce by 85.1% during the fourth quarter. Arlington Trust Co LLC now owns 87 shares of the CRM provider’s stock valued at $29,000 after purchasing an additional 40 shares in the last quarter. Finally, Compass Financial Services Inc bought a new position in shares of Salesforce during the fourth quarter valued at approximately $30,000. Institutional investors own 80.43% of the company’s stock.

Insider Buying and Selling

In other news, CFO Amy E. Weaver sold 6,221 shares of the stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $301.00, for a total transaction of $1,872,521.00. Following the sale, the chief financial officer now owns 46,750 shares in the company, valued at $14,071,750. This represents a 11.74 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Robin L. Washington acquired 1,695 shares of the stock in a transaction that occurred on Friday, February 28th. The shares were bought at an average price of $294.61 per share, for a total transaction of $499,363.95. Following the transaction, the director now owns 43,445 shares of the company’s stock, valued at $12,799,331.45. This trade represents a 4.06 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders sold a total of 1,108,793 shares of company stock valued at $383,156,227 over the last three months. Corporate insiders own 3.20% of the company’s stock.

Salesforce Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Wednesday, December 18th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 0.56%. The ex-dividend date was Wednesday, December 18th. Salesforce’s dividend payout ratio (DPR) is 25.16%.

About Salesforce

Salesforce, Inc provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company's service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and artificial intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer support at scale.