RBC Capital Reiterates Sector Perform Rating on Salesforce, Maintains $275 Price Target

RBC Capital analyst Rishi Jaluria reiterated a "Sector Perform" rating for Salesforce (CRM) with a price target of $275.00, unchanged from the prior analysis. The analyst's views are consistent with those of JMP Securities and Stifel, while DA Davidson upgraded CRM to "Neutral" and lowered its price target from $375.00 to $325.00.

In a recent development, RBC Capital analyst Rishi Jaluria reiterated a "Sector Perform" rating for Salesforce Inc. (CRM) with a price target of $275.00, unchanged from the prior analysis [2]. This decision aligns with the views of JMP Securities and Stifel, who maintain similar ratings for the company. However, DA Davidson upgraded CRM to "Neutral" and lowered its price target from $375.00 to $325.00, reflecting a more cautious outlook [3].

Salesforce Inc. has been a focal point for analysts due to its robust performance in the CRM sector. The company recently announced an expanded partnership with Salesforce Digital Engagement, integrating social media channels such as Instagram, LinkedIn, X, Facebook Messenger, and WhatsApp directly into the Salesforce platform [1]. This strategic move is expected to enhance customer service capabilities and drive growth.

The latest earnings report from Salesforce Inc. showed strong performance, with the company reporting $2.58 EPS for the quarter, beating the consensus estimate of $2.55 by $0.03. Revenue for the quarter was $9.83 billion, up 7.6% compared to the same period last year. Despite these positive figures, analysts remain divided in their opinions on the stock's future prospects.

Institutional investors have shown significant interest in Salesforce Inc. Inspire Trust Co. N.A. raised its stake by 63.6% in the first quarter, while several other hedge funds also increased their positions in the stock [3]. CEO Marc Benioff sold 2,250 shares of the company's stock in August, but the overall insider activity has been relatively stable [3].

The stock's valuation metrics, including a price-to-earnings ratio of 37.11 and a PEG ratio of 2.10, indicate a premium valuation compared to its peers. However, the company's strong fundamentals and strategic partnerships may justify this premium. The consensus price target for CRM is $346.84, with analysts providing a range of ratings from "Sell" to "Strong Buy" [3].

In conclusion, while analysts have adjusted their ratings and price targets for Salesforce Inc., the company's strong performance and strategic initiatives continue to attract institutional investors. The future of CRM remains uncertain, but the latest developments suggest a cautious yet optimistic outlook from the investment community.

References:
[1] https://finance.yahoo.com/news/sprout-social-announces-expanded-relationship-042258638.html
[2] https://www.benzinga.com/quote/CRM/analyst-ratings
[3] https://www.marketbeat.com/instant-alerts/filing-inspire-trust-co-na-buys-3500-shares-of-salesforce-inc-nysecrm-2025-08-14/