Salesforce Inc CRM Stock Price Today
Salesforce, the world's leading customer relationship management (CRM) platform, has seen its stock price fluctuate in recent months.
As of 6:14:30 PM GMT-4 on May 29, Salesforce's stock price was $172.82, a 6.64% increase from the previous day's close.
The company's stock has been on a steady upward trend since the beginning of the year, with a few minor dips along the way. In January, Salesforce's stock price was $150.00. By the end of February, it had reached $160.00. In March, the stock price dipped slightly to $155.00, but it quickly rebounded and reached $170.00 by the end of April.
Salesforce's stock price has been buoyed by strong financial results and positive analyst ratings. In its most recent earnings report, Salesforce reported revenue of $5.96 billion, a 25% year-over-year increase. The company also reported non-GAAP earnings per share of $0.70, a 20% year-over-year increase.
Analysts are also bullish on Salesforce's stock. In a recent note to clients, Goldman Sachs analyst Heather Bellini reiterated her buy rating on the stock and raised her price target to $200.00. Bellini cited Salesforce's strong execution, innovative products, and large addressable market as reasons for her optimism.
Overall, Salesforce's stock price is performing well and is expected to continue to rise in the coming months. Investors should keep an eye on the company's financial results and analyst ratings to stay up-to-date on its latest developments.
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