Jefferies Financial Group Reduces Salesforce Price Target to $375.00

On April 2nd, 2025, Jefferies Financial Group announced a decrease in their target price for Salesforce (NYSE:CRM) from $425.00 to $375.00. This modification was detailed in a report released by the brokerage firm. Despite the adjustment in price target, Jefferies maintains a “buy” rating for Salesforce's stock. The new price estimate indicates a potential upside of approximately 38.80% from the current market price.

Other financial analysts have also recently evaluated Salesforce’s stock, providing various target prices. Bank of America has adjusted their target price for Salesforce from $440.00 to $400.00, while also holding a “buy” rating on the shares, as noted in a report dated February 27th. Meanwhile, JPMorgan Chase & Co. has raised their price target from $340.00 to $380.00 and assigned an “overweight” rating in a report dated December 4th. Truist Financial has reiterated a “buy” rating and set a price target of $400.00, which was previously $380.00, also on December 4th. Barclays adjusted their target for Salesforce upward from $415.00 to $425.00, maintaining an “overweight” rating in the same report dated December 4th. On the contrary, Wells Fargo & Company revised their target down from $345.00 to $310.00 while keeping an “equal weight” rating in a note published on February 27th. In summary, while one analyst has recommended selling the stock, five analysts suggest holding, thirty-one recommend buying, and five specifically endorse a strong buy. According to data from MarketBeat.com, Salesforce currently holds an average rating of “Moderate Buy” with a mean target price set at $361.42.

Current Trading Status of Salesforce

As of Monday, Salesforce shares opened at a price of $270.18. Over the past twelve months, the stock’s lowest point was $212.00, while its highest reached $369.00. The company reports a current ratio of 1.11 and a quick ratio also of 1.11, alongside a low debt-to-equity ratio of 0.14. The stock’s 50-day moving average stands at $307.13, while the 200-day moving average is at $311.78. Salesforce currently has a market capitalization of approximately $259.64 billion, a price-to-earnings (PE) ratio of 44.44, a price-to-earnings-growth (PEG) ratio of 2.58, and a beta of 1.35.

Insider Trading Activity

In recent insider trading news, Chief Accounting Officer Sundeep G. Reddy sold 436 shares on January 23rd for an average price of $332.28, amounting to a total of $144,874.08. Post-transaction, Reddy now holds 7,057 shares valued at around $2,344,899.96, reflecting a 5.82% decrease in their holdings. Additionally, CFO Amy E. Weaver sold 6,221 shares on January 15th at an average of $329.88, totaling $2,052,183.48. She now holds 45,861 shares valued at approximately $15,128,626.68, marking an 11.94% decrease in her stock holdings. Collectively, insiders sold 45,660 shares valued at $14,095,336 over the last 90 days, and insiders own about 3.20% of the company’s total shares.

Institutional Investment in Salesforce

Recent changes among large investors concerning Salesforce have been noted as well. Bernard Wealth Management Corp. acquired a new position in Salesforce during the fourth quarter, investing about $25,000. Accredited Wealth Management LLC also bought shares worth $27,000 in the same period, while Arlington Trust Co LLC expanded its stake by 85.1%, now holding 87 shares valued at around $29,000 after an additional 40 shares were acquired. Other institutional investors include Compass Financial Services Inc, which purchased a new stake worth $30,000, and Asset Planning Inc, investing $31,000. Currently, approximately 80.43% of Salesforce shares are held by hedge funds and institutional investors.

Overview of Salesforce, Inc.

Salesforce, Inc. is a provider of Customer Relationship Management (CRM) technology aimed at connecting companies with their customers worldwide. The firm offers services that include data management for tracking leads and opportunities, analytics to gain insights, as well as delivering quotes, contracts, and invoices. Additionally, Salesforce enables businesses to offer personalized customer support services efficiently and effectively.

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