- Salesforce expects Q1 fiscal 2026 revenues to be between $9.71 billion and $9.76 billion, indicating a 6.6% year-over-year growth.
- The company anticipates non-GAAP earnings per share to range from $2.53 to $2.55, with a consensus estimate of $2.54.
- Salesforce’s stock price is currently $282.28, with a market capitalization of approximately $270.84 billion.
Salesforce (NYSE:CRM) is a leading cloud-based software company that provides customer relationship management (CRM) services. It helps businesses manage customer interactions and data efficiently. Salesforce competes with other tech giants like Microsoft and Oracle in the CRM space. On May 22, 2025, Citigroup reaffirmed its “Buy” rating for Salesforce, with the stock priced at $282.28 at the time.
Salesforce is gearing up to release its first-quarter fiscal 2026 results on May 28. The company expects total revenues to be between $9.71 billion and $9.76 billion, with a midpoint of $9.735 billion. This represents a 6.6% increase from the same quarter last year, indicating strong growth. The company’s focus on generative AI-enabled solutions and cloud migration is likely driving this performance.
In terms of earnings, Salesforce anticipates non-GAAP earnings per share to range from $2.53 to $2.55. The consensus estimate has remained steady at $2.54 per share over the past 60 days, marking a 4.1% rise from the previous year’s quarter. Historically, Salesforce has exceeded the Zacks Consensus Estimate in three of the last four quarters, with an average surprise of 4.4%.
Currently, Salesforce’s stock price is $282.28, reflecting a decrease of 2.01% or $5.78. During the trading day, the stock fluctuated between a low of $281.13 and a high of $287.63. Over the past year, CRM has reached a high of $369 and a low of $212. The company has a market capitalization of approximately $270.84 billion, with a trading volume of 5,670,359 shares today.
