What this means is even the steady issuance of new shares over the years hasn't reduced a rising bottom-line return for Salesforce owners. CEO Marc Benioff and the executive team think revenue will increase at least 21% this year to no less than $20.7 billion -- keeping its long track record of at least 20% growth per year intact for now. Data source: salesforce.com. All rights reserved. The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. View the latest CRM stock quote and chart on MSN Money. On the contrary, many will balk at the more than 64 times trailing-12-month free cash flow the stock currently trades for. Motley Fool Returns Stock Advisor S&P 500 Returns as of 11/07/2020. Stock Advisor launched in … Stock Advisor S&P 500. Find the latest SmileDirectClub, Inc. (SDC) stock quote, history, news and other vital information to help you with your stock trading and investing. Kyle Dennis took a leap of faith and decided to invest his savings of $15K in the stock market — $2.8M later, he owes his success to these strategies. The argument against the practice often revolves around the fact that Salesforce frequently uses its stock to pay for purchases. And at the end of July, Salesforce had $9.28 billion in cash and short-term securities and just $2.69 billion in debt. Let's conquer your financial goals together...faster. Even backing out the summer 2019 takeover of Tableau (which contributed $648 million in revenue the first half of 2020), the Salesforce platform segment is driving impressive results with a 27% increase over a year ago. He enjoys the outdoors up and down the West Coast with his wife and their Humane Society-rescued dog. Nicholas has been a writer for the Motley Fool since 2015, covering companies primarily in the consumer goods and technology sectors. More than just a scrappy torch-bearer for the cloud software movement, Salesforce has turned into a full-blown ecosystem helping thousands of enterprises around the globe navigate and adapt in fast-changing times. Technical Assessment: Neutral in the Intermediate-Term, Discover new investment ideas by accessing unbiased, in-depth investment research, NYSE - NYSE Delayed Price. Salesforce.com (CRM) closed at $260.15 in the latest trading session, marking a -0.03% move from the prior day. The company's previous outlook was issued in April, but much has changed since then, and some regions have been implementing fresh lockdown orders in an effort to contain the contagion, which is hurting customer demand. Evan is a senior technology specialist at The Motley Fool. Find the latest Salesforce.com Inc (CRM) stock quote, history, news and other vital information to help you with your stock trading and investing. 480% 97%. Stock Advisor launched in February of 2002. As of 3:20 p.m. EDT, the stock was down 4%. Additionally, it had $2.56 billion in strategic investments, which included a $617 million unrealized gain from nCino (NASDAQ:NCNO) -- a banking and financial services operating system built with Salesforce -- completing its IPO in July. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. See you at the top! After an epic run that sent its stock nearly 800% higher in the 2010s, salesforce.com (NYSE:CRM) is showing no signs of slowing down in 2020. Salesforce's own guidance for this fiscal year calls for revenue of $20.7 billion to $20.8 billion, which would represent growth of 21% to 22%. YOY = year-over-year. Like Salesforce, Microsoft dominates sev… SAP is a global software company. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. "The COVID-19 pandemic [ ... ] is expected to impact the demand environment, particularly in hard hit industries, through at least the first half of 2021," according to SAP. Just as productivity software tools like Microsoft Office have become basic staples in the workplace, something similar is happening with Salesforce's family of cloud software for sales and service, which are designed to help an enterprise keep its customers in mind and enhanced with AI-driven insights. Virtu Financial was the IBD 50 leader, as stocks and the Dow Jones today opened lower, threatening to snap a four-day advance. @themotleyfool #stocks $CRM $NCNO $SNOW, 3 Top Artificial Intelligence Stocks to Buy Right Now, 3 No-Brainer Stocks to Buy in Cloud Computing, Forget Snowflake, Salesforce Is a Better Cloud Computing Stock, Copyright, Trademark and Patent Information. The broader market is also tanking as COVID-19 cases in the U.S. have hit fresh records in recent days. He is also the founder and president of Concinnus Financial, a Registered Investment Advisor based in Spokane, WA. However, Salesforce is one expensive stock, and many investors may shy away from the company's spend-happy strategy. Market data powered by FactSet and Web Financial Group. It doesn't make Salesforce a value. He was previously a senior trading specialist at Charles Schwab, and worked briefly at Tesla. Professional services (non-subscription revenue). SAP cut its full-year outlook due to ongoing impacts from the COVID-19 pandemic. Salesforce lies at the heart of the new digital economy and has plenty of growth potential left over the course of the next decade. Shares of Salesforce.com (NYSE:CRM) dropped by as much as 5% today after enterprise software peer SAP (NYSE:SAP) reported third-quarter results and issued a gloomy outlook going forward. Salesforce.com Inc Common Stock (CRM) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. Salesforce and SAP have long competed in the market for customer-relationship management (CRM) software, although SAP said earlier last month that it would shift its focus from mainstream customers to specific segments of the CRM market. And it continues to widen its lead over its rivals. In spite of its size, the company isn't letting its foot off the gas. © 2020 Verizon Media. The software giant now expects adjusted revenue of 27.2 billion to 27.8 billion euros ($32.1 billion to $32.8 billion) in 2020, down from its prior forecast of 27.8 billion euros to 28.5 billion euros ($32.8 billion to $33.7 billion). It's a valuation that takes into account the high rate of spending to promote further growth, as well as the expectation that said growth will lead to more profits later on. That's a 560% increase over the last 10 years. Let's conquer your financial goals together...faster. Stock Advisor launched in February of 2002. Currency in USD, Trade prices are not sourced from all markets, How He Made $2.8M Trading Stocks Part-Time At Home. Investors interested in Salesforce should wait for the stock to cool off a bit before pulling the trigger. For many tech … Salesforce.com Inc Common Stock (CRM) Real-time Stock Quotes - Nasdaq offers real-time quotes & market activity data for US and global markets. Dive deeper with interactive charts and top stories of SALESFORCE.COM, INC.. Salesforce is the global leaderin customer relationship management software, with a market share greater than that of its three closest competitors combined. Even when including calendar year 2020 -- a period that includes Salesforce digesting several years' worth of blockbuster takeovers, the pandemic, and increased spending to promote further expansion -- free cash flow (revenue less cash operating and capital expenses) per share stands at $3.83. Up to this point, that hasn't been the case at Salesforce. Cumulative Growth of a $10,000 Investment in Stock Advisor, Is Salesforce Stock a Buy? Here's why it's a buy if you believe the digital world will continue to expand in the decade ahead. Cumulative Growth of a $10,000 Investment in Stock Advisor, Why Salesforce Stock Dropped Today @themotleyfool #stocks $CRM $SAP, 3 Top Artificial Intelligence Stocks to Buy Right Now, 3 No-Brainer Stocks to Buy in Cloud Computing, Forget Snowflake, Salesforce Is a Better Cloud Computing Stock, 3 Top Artificial Intelligence Stocks to Buy in October, Copyright, Trademark and Patent Information. Subscribe to Premium to view Fair Value for CRM. Not included is the $250 million invested in the Snowflake (NYSE:SNOW) data warehousing IPO in September, which promptly doubled in value when it made its public debut. Evan graduated from the University of Texas at Austin, and is a CFA charterholder. And the "platform and other" segment is moving the needle in a big way as recently acquired MuleSoft and Tableau software tools help Salesforce users break down and make better sense of siloed data. Market data powered by FactSet and Web Financial Group. Nevertheless, if you have at least a few years or more to hold, this isn't a grossly overpriced tech giant. Salesforce's own guidance for this fiscal year calls for revenue of $20.7 billion to $20.8 billion, which would represent growth of 21% to 22%. The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. For many tech outfits, this is a dangerous game that dilutes existing shareholders to the point that a larger pie never equates to a larger slice. The argument against the practice often revolves around the fact that Salesforce frequently uses its stock to pay for purchases. Salesforce is also expanding into massive new markets.

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