CRM - salesforce.com, inc.

NYSE - Nasdaq Real Time Price. Currency in USD
179.80
+1.95 (+1.10%)
As of 9:32AM EDT. Market open.
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Previous Close177.85
Open176.60
Bid181.39 x 800
Ask181.75 x 900
Day's Range179.37 - 182.00
52 Week Range115.29 - 195.72
Volume429,491
Avg. Volume8,182,895
Market Cap161.62B
Beta (5Y Monthly)N/A
PE Ratio (TTM)1,198.67
EPS (TTM)N/A
Earnings DateMay 28, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est194.38
  • GlobeNewswire

    The Canadian Chamber of Commerce partners with Salesforce to offer $10K lifeline to help 62 small businesses recover from COVID-19 downturn

    Small businesses are the heart of Canadian communities and the backbone of Canada’s economy. Canadians everywhere have been supporting their local businesses throughout COVID-19, from ordering take-out to buying gift cards. Today, the Canadian Chamber of Commerce, Canada’s leading and most representative business association, announced a new program, the Canadian Business Resilience Network Small Business Relief Fund, to provide small Canadian businesses from coast to coast to coast with $10,000 grants to help their recovery efforts during these unprecedented times.

  • Consumer confidence, new home sales: What to know in the week ahead
    Yahoo Finance

    Consumer confidence, new home sales: What to know in the week ahead

    This week is a shortened trading week with major markets closed Monday in observance of the Memorial Day holiday. Investor focus will remain on the coronavirus and its impact on the U.S. economy as most states across the country continued their phased reopening plans.

  • Investing.com

    Watch Now: Here's What Will Move Markets This Week - May 24 (Video)

    Investing.com - Our senior markets analyst Jesse Cohen gives us his top five things to know in financial markets in the week ahead, including:

  • 3 Great Stocks for Your IRA
    Motley Fool

    3 Great Stocks for Your IRA

    Whether it was for the tax deduction and deferred taxable gains of a traditional IRA or the future tax-free gains of a Roth IRA (after you wait five years and reach age 59 and a half, of course), that contribution will yield rich rewards down the road. Three options that could be great for your IRA are salesforce.com (NYSE: CRM), Visa (NYSE: V), and Alibaba (NYSE: BABA). For years now, cloud computing has been picking up steam and fueling "digital transformation" -- a catch-all phrase for organizations looking to update their operations for the 21st century.

  • Earnings Preview: Salesforce.com (CRM) Q1 Earnings Expected to Decline
    Zacks

    Earnings Preview: Salesforce.com (CRM) Q1 Earnings Expected to Decline

    Salesforce.com (CRM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Salesforce Commerce Cloud releases four quick-start pandemic business packs
    TechCrunch

    Salesforce Commerce Cloud releases four quick-start pandemic business packs

    Salesforce Commerce Cloud CEO Mike Micucci says that they were hearing from customers they needed help. Salesforce decided to build four packages of services very quickly for customers specifically designed to help conduct business during COVID-19. The four tools are part of the Salesforce Quick Start Commerce Solutions and include Quick Start Commerce for D2C Consumer and Essential Goods to get a site up running fast, Quick Start Commerce for Grocery and Food Service to help restaurants and grocery stores set up online curbside food purchasing systems, Quick Start Commerce for B2B for companies setting up business-to-business sites and Quick Start Commerce for Buy Online and Curbside Pickup, which enables non-food companies to move in-store inventories online, and arrange curbside pickup systems.

  • Why Salesforce.com (CRM) is Poised to Beat Earnings Estimates Again
    Zacks

    Why Salesforce.com (CRM) is Poised to Beat Earnings Estimates Again

    Salesforce.com (CRM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

  • Buy Salesforce (CRM) Stock Before Q1 Earnings for Coronavirus Immunity?
    Zacks

    Buy Salesforce (CRM) Stock Before Q1 Earnings for Coronavirus Immunity?

    Salesforce stock jumped again Tuesday, as part of a much larger run since mid-March. This might mean that Wall Street is expecting big things from CRM's Q1 fiscal 2021 financial results that are due out after the closing bell on Thursday, May 28...

  • Salesforce.com (CRM) Gains But Lags Market: What You Should Know
    Zacks

    Salesforce.com (CRM) Gains But Lags Market: What You Should Know

    Salesforce.com (CRM) closed the most recent trading day at $173.19, moving +1.08% from the previous trading session.

  • Intel CEO: Expectations for the second quarter are relatively strong
    Yahoo Finance

    Intel CEO: Expectations for the second quarter are relatively strong

    Intel CEO Bob Swan shares his thoughts on the state of the global economy and what he has cooking at the tech giant.

  • Cisco CFO is not yet ready to call a bottom in its business
    Yahoo Finance

    Cisco CFO is not yet ready to call a bottom in its business

    Yahoo Finance catches up with Cisco after its latest better than expected earnings report.

  • A New Way to Define “Good Business” in the Coronavirus Era
    Motley Fool

    A New Way to Define “Good Business” in the Coronavirus Era

    Do you need some good news for a change? Let’s examine some companies that are doing their part to help during the COVID-19 pandemic.

  • Better Buy: Veeva Systems vs. Salesforce
    Motley Fool

    Better Buy: Veeva Systems vs. Salesforce

    Veeva Systems (NYSE: VEEV) and Salesforce (NYSE: CRM) are two closely linked companies in the cloud-based CRM (customer relationship management) space. Salesforce, which was founded 21 years ago, is the world's largest CRM company. In 2007, Peter Gassner, Salesforce's former senior VP of technology, co-founded Veeva to develop dedicated CRM solutions for pharmaceutical and life science companies.

  • The Zacks Analyst Blog Highlights: Visa, PepsiCo, salesforce, Citigroup and QUALCOMM
    Zacks

    The Zacks Analyst Blog Highlights: Visa, PepsiCo, salesforce, Citigroup and QUALCOMM

    The Zacks Analyst Blog Highlights: Visa, PepsiCo, salesforce, Citigroup and QUALCOMM

  • 3 Top Growth Stocks to Buy in May
    Motley Fool

    3 Top Growth Stocks to Buy in May

    Growth investing can help you quickly build wealth in the stock market. The following three growth stocks can help you earn these types of fortune-building returns. PayPal helps to make the online shopping experience easier, faster, and more secure.

  • Q1 Scorecard and Top Analyst Reports for Visa, PepsiCo & salesforce
    Zacks

    Q1 Scorecard and Top Analyst Reports for Visa, PepsiCo & salesforce

    Q1 Scorecard and Top Analyst Reports for Visa, PepsiCo & salesforce

  • Thoma Bravo’s Apttus to Acquire Rival Conga in $715 Million Deal
    Bloomberg

    Thoma Bravo’s Apttus to Acquire Rival Conga in $715 Million Deal

    (Bloomberg) -- Apttus Corp., a company that makes software for managing work processes, agreed to acquire rival Conga, which has developed document-generation applications for customers including Salesforce.com Inc., according to a statement Thursday.Apttus, backed by private equity firm Thoma Bravo, is paying $715 million for a majority stake in Conga, according to a person with knowledge of the matter, who asked not to be identified because the information is private. The deal is expected to be announced Thursday, the person said.Thoma Bravo will be lead investor in the combined company, according to the statement. Insight Partners, Conga’s majority shareholder, will retain a material stake. Nikitas Koutoupes, managing director at Insight Partners, will join the board of directors.The coronavirus pandemic has tested companies’ remote working capacity and accelerated their use of technology. Enterprise software companies are among the sectors least affected by the lockdown, and in some instances have benefited from it.Representatives for Apttus, based in San Mateo, California, and Conga declined to comment on the transaction details.Conga, founded in 2006, is the developer of Conga Suite, a Salesforce application. It is also backed by Salesforce Ventures.Frank Holland, Apttus’s chief executive officer, will be CEO of the combined company, which will operate under the Conga brand, according to the statement. Matthew Schiltz, CEO of Conga, will join the company’s board of managers.The two firms had discussed joining forces last year, Holland said in an interview.“We had competed for many years,” he said. “For enterprise customers, there is a sense of using this pandemic as a way of forcing function to improve their commercial operations.”The combined company will have about $400 million in revenue spread across a product portfolio that includes applications for pricing, contract management, document generation, process automation and e-signature.The companies have more than 10,000 enterprise and mid-market customers, according to the statement.Apttus, which has also teamed up with Salesforce, provides so-called middle office software used for pricing and contract management. It was acquired by Thoma Bravo in 2018.Deutsche Bank AG advised Apptus and is providing financing for the deal. Kirkland & Ellis is Apptus’s legal adviser. Conga’s advisers are Qatalyst Partners and Willkie Farr & Gallagher.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Twilio Soars on Communications Software Demand Amid Pandemic
    Bloomberg

    Twilio Soars on Communications Software Demand Amid Pandemic

    (Bloomberg) -- Twilio Inc. projected rising sales for the second quarter, signaling stronger demand for communications software amid the coronavirus pandemic and sending the shares up the most in almost four years.Revenue will increase as much as 35% to $370 million in the period, the San Francisco-based company said Wednesday in a statement. Analysts, on average, projected sales of $334 million, according to data compiled by Bloomberg. The company expects a loss, excluding some items, of 8 cents to 11 cents per share, which also is better than analysts had estimated.Twilio Chief Executive Officer Jeff Lawson has assembled a broad set of cloud-based capabilities that help companies embed communications systems in their apps and on their web pages. The company last year completed the largest acquisition in its history, buying SendGrid, which competes with Salesforce.com Inc. and others in helping clients send marketing emails.With people forced to stay at home during the Covid-19 pandemic, companies have reached out to customers through digital channels, boosting demand for Twilio’s tools. The software maker said in April that Epic Systems Corp., one of the largest U.S. medical records companies, would build a new telehealth service to connect health care providers and patients using Twilio’s videoconferencing product.“Our platform provides three things the world needs right now: digital engagement, software agility and cloud scale,” Lawson said in the statement.Shares jumped as much as 43% to a high of $174.95 in intraday trading Thursday in New York, marking the biggest increase since June 2016. The stock had gained 25% through Wednesday’s close.The company has seen waning demand from the travel, hospitality and ride-sharing industries, which have been hit hard during the pandemic, but health care, education and crisis response organizations have picked up the slack, Chief Financial Officer Khozema Shipchandler said in an interview.Twilio withdrew its full-year guidance because of uncertainty surrounding the outbreak, but said first-quarter sales surged 57% from a year earlier to $364.9 million.Twilio has spent rapidly to expand its business, including overseas. Shipchandler said the company has continued to hire people at the same pace during the pandemic, including to fill out a new research-and-development team based in India.“If we can successfully invest in this cycle, we can emerge from this pandemic stronger than ever,” Shipchandler said.(Updates share climb in first and sixth paragraphs.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • TechTarget (TTGT) Q1 2020 Earnings Call Transcript
    Motley Fool

    TechTarget (TTGT) Q1 2020 Earnings Call Transcript

    Joining me here today remotely are Greg Strakosch, our executive chairman; Mike Cotoia, our chief executive officer; and Dan Noreck, our CFO. Before turning the call over to Greg, I'd like to remind everyone on the call of our earnings release process.

  • Salesforce.com (CRM) Gains As Market Dips: What You Should Know
    Zacks

    Salesforce.com (CRM) Gains As Market Dips: What You Should Know

    Salesforce.com (CRM) closed the most recent trading day at $163.67, moving +0.26% from the previous trading session.

  • Salesforce debuts site to help companies reopen safely after coronavirus lockdowns
    Yahoo Finance

    Salesforce debuts site to help companies reopen safely after coronavirus lockdowns

    '[All] of us need to be ready to get back into the office and deal with the new work environment,' says Salesforce CEO Marc Benioff.

  • Microsoft Taps Coca-Cola to Challenge Amazon, Salesforce, and Slack
    Motley Fool

    Microsoft Taps Coca-Cola to Challenge Amazon, Salesforce, and Slack

    Microsoft (NASDAQ: MSFT) recently inked a five-year cloud deal with Coca-Cola (NYSE: KO), in which the beverage maker will standardize its business operations with Microsoft's Azure, Dynamics 365, and Microsoft 365 services. The partnership marks another victory for Microsoft's commercial cloud business, which secured big clients like Costco, Walmart, and AT&T in recent years. It will also widen Microsoft's moat against Amazon (NASDAQ: AMZN), Salesforce (NYSE: CRM), and Slack (NYSE: WORK) in their respective cloud markets.

  • Startup Freshworks Recruits Veteran CFO Ahead of Planned IPO
    Bloomberg

    Startup Freshworks Recruits Veteran CFO Ahead of Planned IPO

    (Bloomberg) -- Freshworks Inc. recruited industry veteran Tyler Sloat to become chief financial officer, as the Silicon Valley software startup seeks to expand its business and eventually go public.The San Mateo, Calif.-based company has carved out a niche in providing customer relationship management tools to smaller businesses, a model pioneered by giant Salesforce.com Inc. Freshworks doubled revenues in the past 18 months to pass $200 million in annual sales, and is targeting sales of more than $1 billion in the next few years, Sloat said in an interview.“The shift to digital customer engagement will further hasten as companies come out of the pandemic,” said Sloat, who worked as CFO at payments company Zuora Inc., including during its initial public offering.Started in the southern Indian city of Chennai, Freshworks is led by founder and Chief Executive Officer Girish Mathrubootham and is valued at $3.5 billion, according to CB Insights. It is among the largest software-as-a-service companies to emerge out of India and still retains sizable operations there.As lockdowns from the coronavirus push businesses online, owners are seeking out new ways to manage customers. To draw new customers, Freshworks is offering a three-month holiday from payments for companies with 50 or less employees that newly sign up for its products, said Mathrubootham.The same virus outbreak that’s boosting revenue could also delay an IPO that Freshworks has planned, Mathrubootham said. “Like a bachelor who’s responsible and ready to get married, we have the scale and growth to go public,” he said. “But the timing has to be right.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Bloomberg

    Zendesk Projects Slowing Sales Growth Amid Economic Downturn

    (Bloomberg) -- Zendesk Inc. withdrew its annual sales forecast and projected slowing revenue growth in the second quarter, signaling that the coronavirus pandemic has trimmed demand for customer-service software.Revenue will be $237 million to $243 million in the period ending June 30, which would be as much as a 25% increase from a year earlier, the San Francisco-based company said Thursday in a statement. Analysts had expected $245 million, according to data compiled by Bloomberg. Zendesk projected operating income, excluding some expenses, of $8 million to $12 million.The company in February told investors to expect sales of as much as $1.07 billion in 2020. Now, Zendesk’s timetable for crossing the billion-dollar revenue mark is in doubt. First-quarter sales increased 31% to $237.4 million from a year earlier, in line with analysts’ expectations.Zendesk Chief Executive Officer Mikkel Svane has sought to sell the company’s software to larger businesses and, in the process, compete more directly against Salesforce.com Inc. The company now relies on small and mid-sized businesses seeking applications to manage their customer relationships. Before the results, analysts had warned that Zendesk’s customer base would expose it more directly to the economic downturn than software makers with larger clients like Microsoft Corp. and Salesforce.Chief Financial Officer Elena Gomez said she was worried about the company’s “pivot” to remote work as the virus hit. “We’ve been able to continue to do business and we’ve had a lot of organizations and large enterprises coming to us to adopt our solutions to help respond to the crisis,” she said. “That positions us for strength as we come out of Covid.”Zendesk is seeking payment flexibility for customers in hard-hit industries, Gomez said on a conference call. And there has been a surge in use of customer-service software among all its clients, Svane added.Shares declined about 5% in extended trading after closing at $76.88 in New York. The stock has been little changed since the start of the year.(Updates with CFO remarks in sixth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Salesforce CEO Marc Benioff on helping businesses return to work amid coronavirus
    Yahoo Finance Video

    Salesforce CEO Marc Benioff on helping businesses return to work amid coronavirus

    Salesforce CEO Marc Benioff joins Yahoo Finance’s Seana Smith & Julia La Roche to discuss how the company is helping businesses reopen workplaces amid the coronavirus.