Salesforce share price

Cloud computing pioneer Salesforce.com ( -0.08%) put the final touches on a great 2022 fiscal year (the 12 months ended in January 2022) to little fanfare. The stock price has barely budged and remains close to its 52-week low, down over 30% from its all-time high. Salesforce has been caught up in the high-growth tech sell-off spurred on by the Federal Reserve's promise to begin hiking interest rates this year. Nevertheless, the digital transformation leader keeps upgrading expectations for the year ahead and remains on course to hitting co-founder and CEO Marc Benioff's goal of reaching $50 billion in annual revenue in just a few more years. Shares look like a great value right now. Salesforce Segment Full-Fiscal Year 2022 Revenue Change (YOY) Service cloud $6.47 billion 20% Sales cloud $5.99 billion 15% Platform and other* $3.93 billion 18% Marketing and commerce $3.90 billion 25% Data $3.78 billion 28% *Excludes $584 million in Slack revenue in fiscal 2022. Data source: Salesforce. YOY = Year over year. Salesforce did increase its total share count by about 5% (when comparing Q4 2022 total shares outstanding with a year ago) as a result of its acquisition. However, it's still early on in the game for Salesforce's integration of Slack into its operations. In the meantime, it was promising to see On pace to reach ambitious goals Of course, a stock trading for nearly 40 times trailing-12-month free cash flow isn't exactly cheap. But given the company's trajectory for both ...

Is Salesforce stock a Buy, Sell or Hold? Salesforce stock has received a consensus rating of buy. The average rating score is and is based on 71 buy ratings, 23 hold ratings, and 2 sell ratings. What was the 52-week low for Salesforce stock? The low in the last 52 weeks of Salesforce stock was 126.34. According to the current price, Salesforce is 167.53% away from the 52-week low. What was the 52-week high for Salesforce stock? The high in the last 52 weeks of Salesforce stock was 225.00. According to the current price, Salesforce is 94.07% away from the 52-week high. What are analysts forecasts for Salesforce stock? The 96 analysts offering price forecasts for Salesforce have a median target of 211.03, with a high estimate of 275.00 and a low estimate of 119.00. The median estimate represents a 100.30 difference from the last price of 211.66. Name Date shares traded shares held Price type (sell/buy) option Harris Parker 06/12/2023 1,250.00 100,309.00 215.50 Sell No Harris Parker 06/12/2023 10,000.00 967,046.00 n/a Sell No Harris Parker 06/12/2023 1,250.00 101,559.00 75.57 Buy No Benioff Marc 06/08/2023 500,000.00 17,171,609.00 n/a Sell No Harris Parker 06/05/2023 1,250.00 100,309.00 208.55 Sell No Harris Parker 06/05/2023 1,250.00 101,559.00 75.57 Buy No Tallapragada Srinivas 06/04/2023 10.00 206,296.00 210.63 Sell No Tallapragada Srinivas 06/04/2023 150,334.00 55,962.00 210.62 Sell No Tallapragada Srinivas 06/04/2023 88,887.00 206,306.00 122.82 Buy No Tallapragada Sriniv...

What happened Shares of Salesforce ( -0.08%), the cloud-based customer relationship-management company, were sliding this morning as investors grow increasingly pessimistic about high-growth technology stocks. The So what While there wasn't any company-specific news that caused Salesforce's stock to fall today, some technology investors are exiting their positions in the sector as fears of rising inflation, the war in Ukraine, and economic uncertainty fuel a sell-off. As a result, the tech-heavy Nasdaq Composite was down by 2.9% by mid-afternoon. Image source: Getty Images. Inflation is currently at a 40-year high in the U.S., and the Federal Reserve is attempting to bring it down with a series of interest-rate hikes. The Fed has already issued one rate hike in March and is expected to act even more aggressively in May. Fed Chairman Jerome Powell said recently that a 50 basis-point hike "will be on the table for the May meeting." Technology investors, including Salesforce shareholders, are concerned that Fed rate hikes could end up slowing down the economy and even spurring a recession. An economic slowdown could end up hurting growth stocks, many of which are in the tech sector, which is why some Salesforce investors are selling their shares today. With inflation stubbornly high, it's likely that concerns about the U.S. economy could be persistent for some time. The war in Ukraine is adding to investors' pessimism, which means that the broader market could remain volatile...

Salesforce's ( -0.08%) stock price fell 6% during after-hours trading on May 31 following the release of its latest earnings report. For the first quarter of fiscal 2024 (ended April 30), the cloud-based customer relationship management (CRM) software provider's revenue rose 11% year over year to $8.25 billion and beat analysts' estimates by $80 million. Its adjusted EPS jumped 72% to $1.69 and cleared the consensus forecast by $0.08. Salesforce's growth rates seemed stable, but the bulls shrugged, and its stock remains nearly 30% below its all-time high from November 2021. Should investors tune out the near-term noise and still buy this stock as a long-term investment? Revenue Growth (YOY) for Subscription & Support Divisions Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Sales 20% 19% 17% 16% 13% Service 19% 18% 16% 15% 13% Platform & Other 58% 56% 22% 18% 12% Marketing & Commerce 24% 22% 18% 16% 10% Data 15% 13% 16% 20% 20% Overall 26% 25% 18% 17% 13% Data source: Salesforce. Note: Revenue growth is on a constant currency basis. Those core divisions lost their momentum as the macro headwinds prompted more companies to rein in their spending on big software upgrades. During the Salesforce is focusing on the factors it can control Salesforce doesn't expect its revenue growth to accelerate anytime soon, so it's focusing on the three things it can control -- its operating margins, its free cash flow ( During the conference call, CEO Marc Benioff said Salesforce would "continue to ...

We use cookies and browser capability checks to help us deliver our online services, including to learn if you enabled Flash for video or ad blocking. By using our website or by closing this message box, you agree to our use of browser capability checks, and to our use of cookies as described in our 06/16/23 213.54 213.65 210.60 211.76 13.57 M 06/15/23 207.95 213.325 207.37 211.92 7.91 M 06/14/23 207.70 211.71 205.02 209.40 8.96 M 06/13/23 215.50 216.2326 207.92 208.98 11.70 M 06/12/23 216.15 220.39 212.14 213.69 11.59 M 06/09/23 210.69 218.66 210.69 215.31 7.68 M 06/08/23 205.38 210.38 204.85 209.53 5.55 M 06/07/23 214.88 216.66 204.78 205.73 9.32 M 06/06/23 208.55 213.40 208.37 212.85 6.80 M 06/05/23 210.47 212.32 207.055 209.86 8.83 M 06/02/23 212.90 216.14 210.43 213.03 11.03 M 06/01/23 208.22 215.36 206.06 212.90 20.91 M 05/31/23 219.55 225.00 217.06 223.38 19.62 M 05/30/23 219.27 222.14 215.73 218.87 10.42 M 05/26/23 212.80 216.15 212.55 215.44 6.93 M 05/25/23 212.02 212.33 208.44 209.91 6.50 M 05/24/23 206.04 210.21 205.42 209.06 4.89 M 05/23/23 207.74 209.64 206.47 206.64 4.26 M 05/22/23 209.17 212.82 209.04 210.26 3.89 M 05/19/23 212.96 213.24 209.93 210.36 6.09 M 05/18/23 209.50 213.88 209.33 213.32 5.17 M 05/17/23 206.495 209.49 204.80 209.38 5.77 M 05/16/23 201.93 205.67 201.75 204.56 4.42 M 05/15/23 203.75 205.3999 202.475 203.33 4.52 M 05/12/23 203.43 203.964 200.13 201.81 4.73 M 05/11/23 202.91 203.80 198.5543 203.47 5.37 M 05/10/23 204.94 206.28 203.04 204....