Salesforce Inc. (CRM) reported fourth-quarter 2026 results with revenue of $11.20 billion, up 12.09% year-over-year but slightly below the consensus revenue estimate of $11.29 billion. Diluted earnings per share were 2.07, up 17.61% year-over-year, yet below the EPS estimate of 3.07. The company delivered net income of $1.94 billion and operating profit of $1.87 billion.
Cash flow and balance-sheet highlights show stronger operating cash generation alongside continued leverage. Cash from operating activities rose to $5.46 billion (+37.63% YoY), while cash and cash equivalents were $7.33 billion (down 17.19% YoY). Total liabilities increased to $53.16 billion (+27.32% YoY).
Following the release, the stock traded lower, showing a decline of 2.32% since market close.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Salesforce Inc. Insider Trading Activity
Salesforce Inc. insiders have traded $CRM stock on the open market 288 times in the past 6 months. Of those trades, 3 have been purchases and 285 have been sales.
Here’s a breakdown of recent trading of $CRM stock by insiders over the last 6 months:
- PARKER HARRIS (Co-Founder and CTO, Slack) has made 0 purchases and 5 sales selling 134,662 shares for an estimated $31,605,031.
- MARC BENIOFF (Chair and CEO) has made 0 purchases and 279 sales selling 105,872 shares for an estimated $26,190,487.
- G MASON MORFIT purchased 96,000 shares for an estimated $25,015,680
- DAVID BLAIR KIRK has made 2 purchases buying 5,336 shares for an estimated $1,366,549 and 0 sales.
- NEELIE KROES sold 3,893 shares for an estimated $929,275
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
Salesforce Inc. Hedge Fund Activity
We have seen 1,295 institutional investors add shares of Salesforce Inc. stock to their portfolio, and 1,674 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- J. STERN & CO. LLP added 47,189,352 shares (+24056.7%) to their portfolio in Q4 2025, for an estimated $12,500,931,238
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 25,418,477 shares (-75.2%) from their portfolio in Q4 2025, for an estimated $6,733,608,742
- SANDERS CAPITAL, LLC added 8,615,819 shares (+inf%) to their portfolio in Q4 2025, for an estimated $2,282,416,611
- JPMORGAN CHASE & CO removed 6,496,920 shares (-49.8%) from their portfolio in Q4 2025, for an estimated $1,721,099,077
- AMERIPRISE FINANCIAL INC added 3,930,311 shares (+80.5%) to their portfolio in Q4 2025, for an estimated $1,041,178,687
- CARDANO RISK MANAGEMENT B.V. added 3,504,605 shares (+924.7%) to their portfolio in Q4 2025, for an estimated $928,404,910
- HARRIS ASSOCIATES L P added 2,744,748 shares (+39.0%) to their portfolio in Q4 2025, for an estimated $727,111,192
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Salesforce Inc. Congressional Stock Trading
Members of Congress have traded $CRM stock 7 times in the past 6 months. Of those trades, 4 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $CRM stock by members of Congress over the last 6 months:
- REPRESENTATIVE DAVID TAYLOR has traded it 3 times. They made 3 purchases worth up to $45,000 on 02/09, 01/29, 09/03 and 0 sales.
- SENATOR MARKWAYNE MULLIN purchased up to $50,000 on 12/29.
- REPRESENTATIVE JULIA LETLOW sold up to $15,000 on 12/16.
- SENATOR JOHN BOOZMAN sold up to $15,000 on 11/13.
- REPRESENTATIVE VAL T. HOYLE sold up to $15,000 on 09/23.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
Salesforce Inc. Analyst Ratings
Wall Street analysts have issued reports on $CRM in the last several months. We have seen 14 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- Piper Sandler issued a "Overweight" rating on 02/03/2026
- BTIG issued a "Buy" rating on 12/17/2025
- Needham issued a "Buy" rating on 12/04/2025
- BMO Capital issued a "Outperform" rating on 12/04/2025
- Wedbush issued a "Outperform" rating on 12/04/2025
- Baird issued a "Outperform" rating on 12/04/2025
- Citizens issued a "Market Outperform" rating on 12/04/2025
To track analyst ratings and price targets for Salesforce Inc., check out Quiver Quantitative's $CRM forecast page.
Salesforce Inc. Price Targets
Multiple analysts have issued price targets for $CRM recently. We have seen 31 analysts offer price targets for $CRM in the last 6 months, with a median target of $290.0.
Here are some recent targets:
- Jackson Ader from Keybanc set a target price of $300.0 on 02/24/2026
- Dan Ives from Wedbush set a target price of $375.0 on 02/24/2026
- Kirk Materne from Evercore ISI Group set a target price of $260.0 on 02/23/2026
- Brent Thill from Jefferies set a target price of $250.0 on 02/23/2026
- Keith Weiss from Morgan Stanley set a target price of $287.0 on 02/23/2026
- Tyler Radke from Citigroup set a target price of $197.0 on 02/18/2026
- Allan Verkhovski from BTIG set a target price of $260.0 on 02/18/2026
