Salesforce Shares Rise $1.00 to $167.11
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 day ago
0mins
Moderately bullish activity in Salesforce (CRM), with shares up $1.00, or 0.6%, near $167.11. Options volume relatively light with 26k contracts traded and calls leading puts for a put/call ratio of 0.57, compared to a typical level near 0.75. Implied volatility (IV30) is higher by 0.9 points near 43.46,and above the 52wk median, suggesting an expected daily move of $4.57. Put-call skew steepened, indicating increased demand for downside protection.
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Analyst Views on CRM
Wall Street analysts forecast CRM stock price to rise
39 Analyst Rating
29 Buy
9 Hold
1 Sell
Moderate Buy
Current: 165.650
Low
223.00
Averages
326.40
High
405.00
Current: 165.650
Low
223.00
Averages
326.40
High
405.00
About CRM
Salesforce, Inc. is a customer relationship management (CRM) technology company. Its artificial intelligence (AI) powered Agentforce 360 Platform offers sales, service, marketing, commerce, collaboration, data management, integration, analytics, and information technology (IT) service solutions. It enables customers to build and deploy digital labor for employees and customers, leveraging autonomous AI agents across business functions. Its service offerings include Agentforce Sales, Agentforce Service, Agentforce 360 Platform, Slack and Others. The Agentforce Sales provides sales capabilities and tools built for organizations across prospecting, sales engagement, team collaboration, sales analytics and AI, sales programs, sales performance, partner management, and revenue and orders. The Agentforce Service provides field service solutions that enable companies to connect service agents, dispatchers and mobile employees through platform to schedule, dispatch and manage jobs.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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