Salesforce stock forecast updates reveal institutional ownership

Salesforce stock forecast updates reveal institutional ownership surpassing 78%, a sign of confidence from pension funds and hedge managers. High liquidity in the shares adds appeal to large-volume traders. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Salesforce kept its full-year revenue outlook but now sees higher earnings. The company is targeting $11.33 to $11.37 in adjusted earnings per share on $41.1 billion to $41.3 billion in revenue. Salesforce stock forecast tracks sustained demand from healthcare and finance verticals. These industries see CRM investments as core to operational efficiency in customer lifecycle management.