NYSE: CRM

Salesforce (CRM) Stock Analysis & Forecast

Nov 4 close

$227.11+4.91 (+2.2%)

Gekko Brief

AI summaryNov 4 close

Salesforce moves on a cluster of events this week: S&P Global Ratings cut its rating to 'A' from 'A+', citing debt-funded buybacks and acquisitions, while the company agreed to acquire customer service automation startup Cresta for a reported $2.7 billion to bolster its Agentforce push with AI voice agents. Separately, an upgrade to Strong Buy and comparisons of Salesforce's revenue consistency against IBM's slower growth also circulated, alongside a look at the stock's history after declines of 50% or more from a record high.

Shares close at $227.11, up 2.2%, sitting below the 50-day average of $239.93 but above the 200-day average of $198.28, with the one-year return at -13.1% against a six-month gain of 25.3%. The GekkoIndex reads 62.7, placing the stock in the Accumulation zone, and the price sits 9.3% below the Gekko Fair Value of $250.49.

Over the next 20 trading days, the main marker is the earnings date of 2 December 2026, falling inside that window; the prior quarter's report drew a 22.5% reaction versus an average absolute move of 7.4%. Smart money activity in the last 90 days shows 1 insider purchase and 2 congressional buys with no sales. Seasonally, the next 20 trading days have averaged a 1.1% return over 5 years, rising in 2 of them, a mixed signal worth noting alongside the pending Cresta deal's integration into results.

Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.

Salesforce price vs fair value

$250.49$227.11Nov ’25May ’26Nov ’26
Close $227.11200-day averageGekko Fair Value $250.49

Salesforce quick facts

Market cap
$186.9B
P/E ratio
20.7
Forward P/E
14.7
EPS, TTM
$10.93
Revenue, TTM
$43.94B
Profit margin
22%
Dividend yield
0.75%
Beta
1.23
Volume
6.49M avg 7.02M
1-year return
−13.1%
Typical daily move
±4.2%
Typical 20-day move
±7.3%
50-day average
$239.93
200-day average
$198.28
Next earnings
Dec 2 after close
Shares outstanding
823.0M
52-week range
$146.32$269.11

Salesforce swing-trade checklist

Salesforce scores 3 supportive, 2 mixed and 1 headwind across the 6 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive2 mixed1 headwind

  • Trendmixed

    Averages disagree

    Close $227.11 sits between the 50-day ($239.93) and 200-day ($198.28) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    62.7, Accumulation

    Reading 62.7 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    9.3% below

    Price is 9.3% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneysupportive

    Leans bullish

    Last 90 days: 1 open-market insider purchase; Congress 2 buys / 0 sales.

    See smart money
  • Earnings riskheadwind

    Reports in 27 days

    Reports on Dec 2, 2026, 27 days away — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalitymixed

    +1.1% on average

    From this point in the calendar, the next 20 trading days averaged +1.1% over 5 years, rising in 2 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Salesforce stock chart and price history

Salesforce closed at $227.11 on Nov 4, 2026, −13.1% over the past year, inside a 52-week range of $146.32 to $269.11.

Close50-day average200-day averageVolume
Salesforce share price, past year, with 50-day and 200-day moving averages and volume$150$175$200$250$275DecJan 2026FebMarAprMayJunJulAugSepOct227.11

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
+0.9%
3 months
+21.6%
6 months
+25.3%
1 year
−13.1%
The full CRM chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open CRM in Gekko

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About Salesforce

Salesforce makes software that helps companies track and manage their relationships with customers, built around a central hub called Customer 360 that ties together sales, support and marketing activity. Its lineup includes tools for handling sales leads and forecasts, resolving customer service requests, building custom apps, and running team communication through Slack. The company also offers products for planning marketing campaigns, selling across web, mobile and in-store channels, analyzing data through Tableau, and linking different software systems together with MuleSoft, along with training courses that certify people in using its products.

Customers reach Salesforce both through its own sales staff and through outside consulting firms, integrators and other partners who resell or implement its products. Beyond the software itself, the company provides consulting and certification programs covering setup, administration and custom development work. It serves organizations across a range of fields, including financial services, healthcare, life sciences and manufacturing.

Salesforce was founded in 1999 and is based in San Francisco, California. Its stock trades on the NYSE under the ticker CRM.

Listed
NYSE
Sector
Technology services
Industry
Packaged software
Website
salesforce.com

Salesforce GekkoIndex: the smart money zone

Salesforce’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 62.7, in the Accumulation zone, up 8.2 points over five sessions.

010062.7Accumulation

Up 8.2 points over five sessions, from the Neutral zone.

Reading for Nov 4, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying58+0.1%−0.7%+0.7%+1.2%
Accumulation (current zone)236+0.5%+0.9%+0.1%−0.1%
Neutral359−0.2%−0.2%−0.2%−0.5%
Distribution30−0.4%−1.5%+0.3%−2.8%
Selling14−0.2%+1.4%+2.0%+6.9%

Average CRM share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.0% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the CRM price, zone by zone.Track CRM in Gekko

Is Salesforce stock overvalued? Gekko Fair Value

Salesforce trades 9.3% below Gekko Fair Value of $250.49, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Salesforce shares are worth, recalculated every trading day.

$250.49

Gekko Fair Value, Nov 4, 2026

9.3% Undervalued

At the end of Aug 2026 the price was 9.1% above the estimate.

Gekko Fair ValueShare price, month end
$250$222Aug 2026SepOctNov 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open CRM in Gekko

Salesforce insider and Congress trading

Insiders filed 1 open-market purchase in Salesforce worth $999K, and members of Congress disclosed 2 purchases and 0 sales, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

$999Kin 1 open-market purchase

FiledInsiderTypeSharesValue
Sep 21Kirk David Blair
director
Purchase4,176$999K

From Form 4 filings, dated to when each was filed.

Congress trades last 90 days

2trades disclosed: 2 purchases and 0 sales.

MemberTypeAmountDisclosed
Tony Wied
House, WI, purchase
Purchase$15,001 - $50,000Sep 7
traded Aug 14
Ro Khanna
House, CA, purchase
Purchase$1,001 - $15,000Sep 7
traded Aug 10

From congressional disclosures, which report amounts as ranges.

Buybacks

Salesforce has been buying back its own shares.

Bought back, quarter ended Jul 31, 2026
$84.00M
As a share of market cap
0.04%
Trailing four quarters
$35.07B

From company filings.

Hedge funds and billionaires quarter ended Jun 30

2of the funds Gekko tracks hold CRM.

1added1opened0trimmed2sold out
Which funds are on each side, name by name.Unlock in Gekko

Salesforce earnings: next date and track record

Salesforce reports on Dec 2, 2026, after the close (27 days away), and beat the EPS estimate in 7 of its last 8 reports.

7 of 8reports beat the EPS estimate
±7.4%average move across the report
4 of 8reports followed by a gain

Share-price move across each report

+11.1%Dec ’24−3.6%Feb ’25−3.7%May ’25−3.5%Sep ’25+5.4%Dec ’25+7.6%Feb ’26−1.6%May ’26+22.5%Aug ’26

Last earnings call, Aug 26, 2026 AI summary

What they said
Salesforce reported Q2 FY2027 results described as 'one of the best quarters ever,' with net new AOV growth at its strongest in four years. Key metrics included A1E and A4X bookings more than doubling quarter-over-quarter, agentic platform usage surging 6x, and attrition near record lows. The company announced 'Claudeforce,' a strategic partnership product with Anthropic combining Claude AI with Salesforce CRM. AI company customers on Salesforce saw 435% YoY spend growth.
Guidance
Management provided no specific revenue or EPS guidance figures in this excerpt. Leadership expressed strong forward momentum citing improving contract lengths, seat growth across Sales, Service, and Slack, and expanding AI monetization through Agentforce and the new Claudeforce partnership.
ReportedEPSSurpriseRevenueSurpriseMove
Aug 26, 2026$5.90
est $3.27
+80.4%$11.35B
est $11.33B
+0.1%+22.5%
May 27, 2026$3.88
est $3.13
+24.0%$11.13B
est $11.05B
+0.7%−1.6%
Feb 25, 2026$3.81
est $3.05
+24.9%$11.20B
est $11.19B
+0.1%+7.6%
Dec 3, 2025$3.25
est $2.86
+13.6%$10.26B
est $10.27B
−0.1%+5.4%
Sep 3, 2025$2.91
est $2.78
+4.7%$10.24B
est $10.14B
+0.9%−3.5%
May 28, 2025$2.58
est $2.55
+1.2%$9.83B
est $9.76B
+0.7%−3.7%
Feb 26, 2025$2.78
est $2.61
+6.5%$9.99B
est $10.04B
−0.5%−3.6%
Dec 3, 2024$2.41
est $2.44
−1.2%$9.44B
est $9.37B
+0.8%+11.1%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Salesforce stock forecast and analyst price targets

Analysts’ average 12-month price target for Salesforce is $287.08, +26.4% from the last close, from 37 firms rating the stock in the last 90 days.

$287.08consensus 12-month target, +26.4% from the last close
Low $195High $400
Buy29
Hold8
Sell0

Each firm’s latest rating in the last 90 days: 37 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Oct 26Bank of America SecuritiesBuy, maintained——
Oct 22DBSBuy, maintained$300+32.1%
Oct 21OppenheimerBuy, maintained$275+21.1%
Oct 20Morgan StanleyHold, maintained$235+3.5%
Oct 20Cantor FitzgeraldBuy, reiterated$300+32.1%
+0.1%average 20-day move after past Accumulation readings
+1.1%average move over the next 20 trading days in the last 5 years
±4.2%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Salesforce seasonality: the next 20 trading days

Over the next 20 trading days from Nov 4, Salesforce averaged +1.1% across the last 5 years, rising in 2 of them.

Next 20 trading days, by year

−16.1%2021−4.2%2022+21.0%2023+11.2%2024−6.2%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+5.0%3 of 5
Next 10 trading days+2.2%3 of 5
Next 15 trading days+3.3%3 of 5
Next 20 trading days+1.1%2 of 5
Next 30 trading days+4.1%3 of 5

For scale, CRM’s typical 20-trading-day move in either direction is about 7.3%.

Salesforce market cap and key statistics

Salesforce’s market cap is $186.9B, with a P/E ratio of 20.7 and revenue of $43.94B over the last twelve months.

Valuation

Market cap
$186.9B
P/E ratio
20.7
Forward P/E
14.7
EPS, TTM
$10.93
Gekko Fair Value
$250.49

Trading

Volume
6.49M
Avg volume, 20 days
7.02M
52-week high
$269.11
52-week low
$146.32
Shares outstanding
823.0M

Financials

Revenue, TTM
$43.94B
Profit margin
22%
Return on equity
19.4%
Quarterly earnings growth, YoY
+118.9%

Risk and income

Beta
1.23
Typical daily move
±4.2%
Typical 20-day move
±7.3%
Dividend yield
0.75%

Salesforce peers

Salesforce’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
MSFTMicrosoft+2.2%Neutral17.8% above
PLTRPalantir Technologies+4.1%Accumulation4.7% below
ORCLOracle+1.6%Accumulation29.7% below
PANWPalo Alto Networks+0.2%Accumulation7.4% above
CRWDCrowdStrike−0.7%Neutral8.1% above
ADPAutomatic Data Processing+1.1%Neutral2.5% above

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

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Salesforce stock FAQ

What is Salesforce’s market cap?

Salesforce’s market cap is $186.9B at the Nov 4, 2026 close of $227.11, with 823.0M shares outstanding. The shares trade on a P/E ratio of 20.7.

What is the Salesforce stock forecast?

The consensus analyst 12-month price target for Salesforce is $287.08, +26.4% from the last close. Of the 37 firms that rated the stock in the last 90 days, 29 rate it a buy, 8 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Salesforce stock overvalued or undervalued?

On Gekko’s estimate Salesforce is undervalued: the Nov 4, 2026 close of $227.11 is 9.3% below Gekko Fair Value of $250.49. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Salesforce report earnings next?

Salesforce is expected to report on Dec 2, 2026, after the market closes (27 days away). Analysts expect earnings of $3.43 per share on revenue of $11.47B. Salesforce beat the earnings estimate in 7 of its last 8 reports, moving 7.4% on average across the report.

What is Salesforce’s 52-week high and low?

Salesforce’s 52-week high is $269.11 and its 52-week low is $146.32; it closed at $227.11 on Nov 4, 2026, −13.1% over the past year. Over the last five years the shares peaked at $369.00 on Dec 4, 2024.

Is Salesforce stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 6 items with data read as supportive (gekkoindex, fair value and smart money), 2 as mixed (trend and seasonality) and 1 as a headwind (earnings risk). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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