Salesforce.com (CRM) - Stock Price & Dividends

Exchange: USA Stocks • Country: United States • Currency: USD • Type: Common Stock • ISIN: US79466L3024

Salesforce.com Inc (NYSE:CRM) specializes in Customer Relationship Management (CRM) technology, facilitating meaningful connections between companies and customers worldwide. The company's suite of services encompasses sales functionalities for data management, lead tracking, progress monitoring, opportunity forecasting, analytics-driven insights, and relationship intelligence. Moreover, Salesforce offers tools for generating quotes, contracts, and invoices, alongside robust customer service and support solutions to cater to diverse business needs and scales.

Beyond these core offerings, Salesforce provides a versatile platform that enables businesses of all sizes and industries to develop custom applications using intuitive drag-and-drop tools. Enhancing its services, the company also offers an online learning platform for acquiring essential Salesforce skills and integration with Slack, a popular communication and collaboration system, enhancing workplace engagement.

Moreover, Salesforce excels in marketing services by empowering companies to strategize, personalize, and optimize customer marketing journeys with real-time personalization features. Their commerce services elevate shopping experiences across multiple channels, including mobile, web, social media, and physical stores, further empowering customers with click-to-code tools to create and implement solutions swiftly.

Furthermore, Salesforce's analytics solutions incorporate Tableau for comprehensive analytics purposes, featuring advanced AI models for trend spotting, outcome prediction, timely recommendations, and actionable insights accessible from any device. In the integration sphere, the company leverages MuleSoft to streamline data interconnectivity across diverse systems for seamless connected experiences.

As part of its comprehensive offerings, Salesforce delivers the Genie Customer Data Cloud, a high-performance real-time data platform driving the innovative Customer 360 solution. Tailoring its services for specific industries such as financial services, healthcare, manufacturing, and more, Salesforce ensures vertical-specific services to meet diverse customer requirements effectively. Lastly, the company extends Salesforce Easy, a user-friendly CRM solution tailored to suit the needs of small and medium-sized businesses.

Founded in 1999 and headquartered in San Francisco, California, Salesforce.com Inc continues to pioneer CRM technology innovations to strengthen business-customer relationships globally. Experience their services firsthand by visiting their website: https://www.salesforce.com.

AI improved, may contain errors or wrong assumptions

Drawdown (Underwater) Chart

Drawdown / Underwater Chart for Salesforce.com (CRM) - Stock Price & Dividends

CRM Stock Overview

Market Cap in USD 280,449m
Sector Technology
Industry Software - Application
GiC SubIndustry Application Software
TER 0.00%
IPO / Inception 2004-06-23

CRM Stock Ratings

Fundamental 6.52
Dividend -
Growth 5y 4.02
Rel. Performance vs Sector 1.87
Analysts 4.13
Fair Price Total Ret. 304.08
Fair Price DCF 247.79

CRM Dividends

Yield 12m 0.00%
Yield on Cost 5y 0.00%
Dividends CAGR 5y 0.00%
Payout Consistency 0.0%

CRM Growth Ratios

Growth 12m 83.06%
Growth Correlation 12m 64%
Growth Correlation 3m 79%
CAGR 5y 12.71%
CAGR / Mean Drawdown 0.59
Sharpe Ratio 12m 2.77
Alpha vs SP500 12m 50.56
Beta vs SP500 5y weekly 1.11
CAPM 8.30%
Average Daily Range 2m 1.81%
Regime Oscillator 79.58
Volatility GJR Garch 1y 26.48%
Price / SMA 50 8.52%
Price / SMA 200 29.82%
Current Volume 6178.8k
Average Volume 20d 4577.6k

External Links for CRM Stock

News
Wall Street JournalBenzingaYahoo Finance
Tweets
X (Twitter)Stocktwits
Fund Manager Positions
DataromaStockcircle
What is the price of CRM stocks?
As of February 28, 2024, the stock is trading at USD 299.50 with a total of 6,178,811 shares traded.
Over the past week, the price has changed by +4.58%, over one month by +6.99%, over three months by +33.24% and over the past year by +83.58%.
Why is CRM stock down?
Check with which Index or Commodity CRM has the highest Correlation, do they have a common driver?
Review the Fundamentals to find weaknesses (Debt, low returns). Check the Performance of the Peer-Group to find out, if the entire sector is under pressure.
Period Return CRM Return S&P 500
1 Month 6.99% 4.00%
3 Months 33.24% 11.99%
12 Months 83.58% 29.39%
What is the forecast for CRM stock price target?
According to ValueRays Forecast Model, CRM Salesforce.com will be worth about 339.2 in February 2025. The stock is currently trading at 299.50. This means that the stock has a potential upside of +13.25%.
Issuer Forecast Upside
Wallstreet Target Price 268.5 -10.3%
Analysts Target Price 240.5 -19.7%
ValueRay Target Price 339.2 13.2%

The Evolution and Market Presence of Salesforce.com Inc (CRM)

History of Salesforce

Since its launch in 1999, Salesforce.com Inc has revolutionized the software industry by introducing the concept of cloud-based CRM (Customer Relationship Management) solutions. Founded by Marc Benioff along with Parker Harris, Dave Moellenhoff, and Frank Dominguez, Salesforce disrupted the traditional CRM software model, shifting it from on-premises to cloud, making it accessible anytime and anywhere.

Core Business

At its core, Salesforce provides a cloud-based, CRM software that helps businesses connect with their customers in a whole new way. Its offerings encompass a wide range of CRM categories such as sales, service, marketing automation, analytics, and application development. Salesforce's CRM platform is known for its flexibility, customization capabilities, and scalability, making it suitable for businesses of any size and sector.

Side Businesses and Other Offerings

Beyond its CRM solutions, Salesforce has diversified its portfolio through various acquisitions. These include Tableau, a powerful data visualization tool; MuleSoft, an integration platform for connecting applications, data, and devices; and Slack, a business communication platform. These acquisitions have enabled Salesforce to offer a more comprehensive suite of services, addressing broader business needs such as collaboration, productivity, and detailed insights.

Current Market Status

As of now, Salesforce holds a commanding position in the CRM market, consistently outpacing competitors. It has been recognized by industry analysts for its innovation, customer success, and scalability. The pandemic accelerated digital transformation across industries, further boosting demand for Salesforce's solutions. Despite facing competition from other tech giants, Salesforce's focus on customer success, innovation, and expansion of its ecosystem through strategic acquisitions continue to drive its growth and market leadership.