CRMSalesforce, Inc.Technology · Software - Applicationas of 2026-09-16
Horizon

Issued 2026-09-16 at $250.54 · now $250.54 (2026-09-16, +0.0% since)

Based on its own history, a month from the 2026-09-16 close, CRM has typically landed between $208.73 and $292.34 — a range of −16.7% to +16.7% from the issuance price $250.54.

Range of outcomes in historically similar periods — not a price prediction. Ranges are scored publicly on /methodology.
  • Actual close
  • Typical path (median)
  • Middle 50% of outcomes
  • 90% range

4,685 overlapping 1 month windows · 2008-01-022026-08-17 · basis climatology · forecast (batch). Probability up 53.9% (90% CI 51.756.1%, ≈1,408 obs).

The cone is anchored at the 2026-09-16 issuance close ($250.54) — the price the forecast resolves against on 2026-10-15, not the latest close. The drawn path shape is illustrative (bands widen with √t); every labeled number is real — the anchor, the scored batch p90/IQR endpoints, and the typical move.

Where CRM has typically landed a month from the 2026-09-16 close of $250.54 — the range is history, not a prediction.

$208.73worst · -16.7%$292.34best · +16.7%
  • now $250.54 (+0.0%)
  • typicalThe typical outcome — half of similar past periods did better and half did worse (not an average, so a few wild periods don't skew it). $252.13 (+0.6%)
  • middle 50%The central range of outcomes — half of similar past periods landed inside it, a quarter finished above, a quarter below. $233.32$270.95
  • 90% rangeA nine-in-ten range — in about nine of every ten similar past periods the outcome stayed within these bounds. $208.73$292.34
Actual 1-month windows behind the coneiEvery overlapping 1-month window in this security's own price history was ranked by realized return; shown are the 3 worst and 3 best of 4,685 windows spanning 2008-01-02 to 2026-09-16. Not cherry-picked — these are the extremes of the full sample. Max drop / max rise are the deepest and highest points reached within each window. See /methodology.
StartReturnMax dropMax rise
3 worst
2008-09-26−50.0%−50.0%+0.0%
2008-09-25−48.7%−48.7%+0.0%
2008-09-23−47.4%−47.4%+0.0%
3 best
2008-11-19+46.9%+0.0%+58.5%
2020-07-28+43.7%+0.0%+43.7%
2020-07-29+42.7%−1.0%+42.7%

4,685 overlapping windows · 2008-01-022026-09-16 · not cherry-picked

Fundamentals iCompany financials — revenue, earnings, margins — from the newest filings shown, each carried with its date.iAs-reported figures and standard ratios from FMP, as of 2026-07-25. Revenue, net income and free cash flow can toggle annual or quarterly; margin, ROE and debt-to-equity are shown by fiscal year. We report the figures and the trend — no target price and no over/under-valued call. More on /methodology.

$134.0B
market cap
$8.63
EPS (TTM)
19.0
P/E (TTM)
2026-09-02
next earnings
Revenue$41.5B
'21'26
Net income$7.5B
'21'26
Free cash flow$14.4B
'21'26
Net margin · by yr18.0%
'21'26
ROE · by yr12.6%
'21'26
Debt / equity · by yr0.29
'21'26

Fair value — three views iIndependent reference estimates of worth (a cash-flow model, peer multiples, analyst targets), shown as separate views — not a single verdict.

iThree independent estimates of per-share value, each by a different method and each with its own assumptions: a discounted-cash-flow intrinsic value, a peer comparable (the median trailing P/E of 80 sector peers times this company's trailing EPS), and the analyst price-target consensus. They routinely disagree — that gap is the point. We show the three marks and the current price; we do not blend them into a single number or call the stock over- or under-valued. Marks as of the latest capture. More on /methodology.
now $250.54$206.20$333.80
  • DCF (intrinsic)$241.95
  • Peer P/E × EPS · sector median 34.2× · n=80$295.19
  • Analyst target · range $215.00$325.00$265.00
  • Current price · last close 2026-09-16$250.54

Seasonality · by month iHow this security has tended to do in each calendar month historically — a frequency, never a prediction.

iFor each calendar month, the share of years this security closed higher than the month before, and the average month-over-month return, over ~19 years of its own price history. Cells are shaded by average return. This is historical frequency, not a prediction — no month is a signal.
Jan
61%
+2.0%
n=18
Feb
58%
+2.9%
n=19
Mar
53%
+1.1%
n=19
Apr
68%
+3.2%
n=19
May
63%
+1.3%
n=19
Jun
47%
−0.7%
n=19
Jul
68%
+3.5%
n=19
Aug
58%
+6.5%
n=19
Sep
42%
−2.2%
n=19
Oct
67%
+2.4%
n=18
Nov
56%
+2.6%
n=18
Dec
39%
−0.4%
n=18

Up-frequency and average month-over-month return · historical frequency, not a prediction

Reported insider & political trades

Every Form 4 the people closest to this company have filed with the SEC — plotted against the share price, aggregated by month, and shown with the gap between when each trade happened and when it was disclosed. A public record, not advice.

Share price & reported tradesMonthly open-market valueReporting lag — trade date to filing date2026-092026-082026-072026-062026-052026-042026-032026-022026-012025-122025-112025-102025-092025-08$265$1502026-09-04: 2 insider sales, $1.2M — Conway Craig …2026-03-19: 2 insider purchases, $500K — ALBER LAURA …2026-03-18: 1 insider purchase, $500K — Kirk David Blair2026-01-14: 1 insider sale, $929K — KROES NEELIE2025-12-17: 1 insider purchase, $501K — Kirk David Blair2025-12-05: 1 insider purchase, $25.0M — Morfit G Mason2025-12-02: 5 insider sales, $31.6M — Harris Parker …2025-11-03: 5 insider sales, $32K — Benioff Marc …2025-10-31: 7 insider sales, $581K — Benioff Marc …2025-10-30: 8 insider sales, $578K — Benioff Marc …2025-10-29: 4 insider sales, $567K — Benioff Marc …2025-10-28: 5 insider sales, $578K — Benioff Marc …2025-08: 115 open-market sales, $11.6M2025-09: 1 open-market purchase, $866K2025-09: 110 open-market sales, $11.6M2025-10: 149 open-market sales, $12.8M2025-11: 5 open-market sales, $32K2025-12: 2 open-market purchases, $25.5M2025-12: 5 open-market sales, $31.6M2026-01: 1 open-market sale, $929K2026-03: 3 open-market purchases, $1.0M2026-09: 2 open-market sales, $1.2M↑ buys↓ salesdirector Conway Craig — Sale on 2026-09-04, filed same daydirector Conway Craig — Sale on 2026-09-04, filed same daydirector ALBER LAURA — Purchase on 2026-03-19, filed same daydirector ALBER LAURA — Purchase on 2026-03-19, filed same daydirector Kirk David Blair — Purchase on 2026-03-18, filed same daydirector KROES NEELIE — Sale on 2026-01-14, filed 1 day after the tradedirector Kirk David Blair — Purchase on 2025-12-17, filed 1 day after the tradedirector Morfit G Mason — Purchase on 2025-12-05, filed 3 days after the tradedirector Harris Parker — Sale on 2025-12-02, filed 1 day after the tradedirector Harris Parker — Sale on 2025-12-02, filed 1 day after the tradedirector Harris Parker — Sale on 2025-12-02, filed 1 day after the tradedirector Harris Parker — Sale on 2025-12-02, filed 1 day after the tradedirector Harris Parker — Sale on 2025-12-02, filed 1 day after the tradedirector Benioff Marc — Sale on 2025-11-03, filed 1 day after the tradedirector Benioff Marc — Sale on 2025-11-03, filed 1 day after the tradedirector Benioff Marc — Sale on 2025-11-03, filed 1 day after the tradedirector Benioff Marc — Sale on 2025-11-03, filed 1 day after the tradedirector Benioff Marc — Sale on 2025-11-03, filed 1 day after the tradedirector Benioff Marc — Sale on 2025-10-31, filed 3 days after the tradedirector Benioff Marc — Sale on 2025-10-31, filed 3 days after the tradedirector Benioff Marc — Sale on 2025-10-31, filed 3 days after the tradedirector Benioff Marc — Sale on 2025-10-31, filed 3 days after the tradedirector Benioff Marc — Sale on 2025-10-31, filed 3 days after the tradedirector Benioff Marc — Sale on 2025-10-31, filed 3 days after the tradedirector Benioff Marc — Sale on 2025-10-31, filed 3 days after the tradedirector Benioff Marc — Sale on 2025-10-30, filed 1 day after the tradedirector Benioff Marc — Sale on 2025-10-30, filed 1 day after the tradedirector Benioff Marc — Sale on 2025-10-30, filed 1 day after the tradedirector Benioff Marc — Sale on 2025-10-30, filed 1 day after the tradedirector Benioff Marc — Sale on 2025-10-30, filed 1 day after the tradedirector Benioff Marc — Sale on 2025-10-30, filed 1 day after the tradedirector Benioff Marc — Sale on 2025-10-30, filed 1 day after the tradedirector Benioff Marc — Sale on 2025-10-30, filed 1 day after the tradedirector Benioff Marc — Sale on 2025-10-29, filed 1 day after the tradedirector Benioff Marc — Sale on 2025-10-29, filed 1 day after the tradedirector Benioff Marc — Sale on 2025-10-29, filed 1 day after the tradedirector Benioff Marc — Sale on 2025-10-29, filed 1 day after the tradedirector Benioff Marc — Sale on 2025-10-28, filed 1 day after the tradedirector Benioff Marc — Sale on 2025-10-28, filed 1 day after the tradedirector Benioff Marc — Sale on 2025-10-28, filed 1 day after the tradedirector Benioff Marc — Sale on 2025-10-28, filed 1 day after the tradedirector Benioff Marc — Sale on 2025-10-28, filed 1 day after the trade
DatePersonRoleActionShares @ priceValueOwnership Δvs S&P 1mvs S&P 6mOwned afterFiling
2026-09-04Conway CraigdirectorSale3,082 @ $260.66$803K−36.2% of holdingnot yet — horizon still opennot yet — horizon still open5,437Form 4 · filed same day
2026-09-04Conway CraigdirectorSale1,418 @ $260.50$369K−14.3% of holdingnot yet — horizon still opennot yet — horizon still open8,519Form 4 · filed same day
2026-03-19ALBER LAURAdirectorPurchase2,080 @ $194.59$405K+27.9% of holding−11.9%not yet — horizon still open9,530Form 4 · filed same day
2026-03-19ALBER LAURAdirectorPurchase491 @ $194.54$96K+7.1% of holding−11.9%not yet — horizon still open7,450Form 4 · filed same day
2026-03-18Kirk David BlairdirectorPurchase2,570 @ $194.62$500K+23.1% of holding−13.7%not yet — horizon still open13,689Form 4 · filed same day
2026-01-14KROES NEELIEdirectorSale3,893 @ $238.70$929K−34.8% of holding−19.6%−36.6%7,299Form 4 · filed 1 day after the trade
2025-12-17Kirk David BlairdirectorPurchase1,936 @ $258.64$501K+22.1% of holding−15.8%−53.2%10,677Form 4 · filed 1 day after the trade
2025-12-05Morfit G MasondirectorPurchase96,000 @ $260.58$25.0M+3.3% of holding+1.4%−40.5%2,994,509Form 4 · filed 3 days after the trade
2025-12-02Harris ParkerdirectorSale57,475 @ $235.44$13.5M−27.9% of holding+7.7%−31.0%148,414Form 4 · filed 1 day after the trade
2025-12-02Harris ParkerdirectorSale39,442 @ $234.61$9.3M−16.1% of holding+7.7%−31.0%205,889Form 4 · filed 1 day after the trade
2025-12-02Harris ParkerdirectorSale15,873 @ $233.25$3.7M−6.1% of holding+7.7%−31.0%245,331Form 4 · filed 1 day after the trade
2025-12-02Harris ParkerdirectorSale13,225 @ $232.52$3.1M−4.8% of holding+7.7%−31.0%261,204Form 4 · filed 1 day after the trade
2025-12-02Harris ParkerdirectorSale8,647 @ $236.17$2.0M−5.8% of holding+7.7%−31.0%139,767Form 4 · filed 1 day after the trade
2025-11-03Benioff MarcdirectorSale50 @ $259.92$13K−0.0% of holding−8.7%−38.4%11,911,590Form 4 · filed 1 day after the trade
2025-11-03Benioff MarcdirectorSale24 @ $258.57$6K−0.0% of holding−8.7%−38.4%11,911,640Form 4 · filed 1 day after the trade
2025-11-03Benioff MarcdirectorSale19 @ $260.73$5K−0.0% of holding−8.7%−38.4%11,911,571Form 4 · filed 1 day after the trade
2025-11-03Benioff MarcdirectorSale17 @ $255.76$4K−0.0% of holding−8.7%−38.4%11,911,676Form 4 · filed 1 day after the trade
2025-11-03Benioff MarcdirectorSale12 @ $257.92$3K−0.0% of holding−8.7%−38.4%11,911,664Form 4 · filed 1 day after the trade
2025-10-31Benioff MarcdirectorSale764 @ $257.02$196K−0.0% of holding−9.8%−34.6%11,912,720Form 4 · filed 3 days after the trade
2025-10-31Benioff MarcdirectorSale491 @ $260.42$128K−0.0% of holding−9.8%−34.6%11,911,841Form 4 · filed 3 days after the trade
2025-10-31Benioff MarcdirectorSale270 @ $261.32$71K−0.0% of holding−9.8%−34.6%11,911,571Form 4 · filed 3 days after the trade
2025-10-31Benioff MarcdirectorSale232 @ $257.91$60K−0.0% of holding−9.8%−34.6%11,912,488Form 4 · filed 3 days after the trade
2025-10-31Benioff MarcdirectorSale222 @ $255.50$57K−0.0% of holding−9.8%−34.6%11,913,484Form 4 · filed 3 days after the trade
2025-10-31Benioff MarcdirectorSale156 @ $258.81$40K−0.0% of holding−9.8%−34.6%11,912,332Form 4 · filed 3 days after the trade
2025-10-31Benioff MarcdirectorSale115 @ $254.08$29K−0.0% of holding−9.8%−34.6%11,913,706Form 4 · filed 3 days after the trade
2025-10-30Benioff MarcdirectorSale858 @ $257.30$221K−0.0% of holding−9.3%−33.6%11,912,377Form 4 · filed 1 day after the trade
2025-10-30Benioff MarcdirectorSale698 @ $258.29$180K−0.0% of holding−9.3%−33.6%11,911,679Form 4 · filed 1 day after the trade
2025-10-30Benioff MarcdirectorSale276 @ $256.47$71K−0.0% of holding−9.3%−33.6%11,913,235Form 4 · filed 1 day after the trade
2025-10-30Benioff MarcdirectorSale132 @ $251.45$33K−0.0% of holding−9.3%−33.6%11,913,617Form 4 · filed 1 day after the trade
2025-10-30Benioff MarcdirectorSale108 @ $258.93$28K−0.0% of holding−9.3%−33.6%11,911,571Form 4 · filed 1 day after the trade
2025-10-30Benioff MarcdirectorSale72 @ $252.53$18K−0.0% of holding−9.3%−33.6%11,913,545Form 4 · filed 1 day after the trade
2025-10-30Benioff MarcdirectorSale72 @ $250.41$18K−0.0% of holding−9.3%−33.6%11,913,749Form 4 · filed 1 day after the trade
2025-10-30Benioff MarcdirectorSale34 @ $254.24$9K−0.0% of holding−9.3%−33.6%11,913,511Form 4 · filed 1 day after the trade
2025-10-29Benioff MarcdirectorSale977 @ $252.16$246K−0.0% of holding−7.7%−32.0%11,912,058Form 4 · filed 1 day after the trade
2025-10-29Benioff MarcdirectorSale701 @ $251.39$176K−0.0% of holding−7.7%−32.0%11,913,035Form 4 · filed 1 day after the trade
2025-10-29Benioff MarcdirectorSale487 @ $253.03$123K−0.0% of holding−7.7%−32.0%11,911,571Form 4 · filed 1 day after the trade
2025-10-29Benioff MarcdirectorSale85 @ $250.19$21K−0.0% of holding−7.7%−32.0%11,913,736Form 4 · filed 1 day after the trade
2025-10-28Benioff MarcdirectorSale1,216 @ $257.88$314K−0.0% of holding−9.2%−35.5%11,911,715Form 4 · filed 1 day after the trade
2025-10-28Benioff MarcdirectorSale376 @ $256.72$97K−0.0% of holding−9.2%−35.5%11,912,931Form 4 · filed 1 day after the trade
2025-10-28Benioff MarcdirectorSale291 @ $254.59$74K−0.0% of holding−9.2%−35.5%11,913,530Form 4 · filed 1 day after the trade
2025-10-28Benioff MarcdirectorSale223 @ $255.60$57K−0.0% of holding−9.2%−35.5%11,913,307Form 4 · filed 1 day after the trade
2025-10-28Benioff MarcdirectorSale144 @ $258.37$37K−0.0% of holding−9.2%−35.5%11,911,571Form 4 · filed 1 day after the trade

The vs-S&P columns are a labeled look-back on what the stock did after each filing, measured against the index over the same window. Descriptive history, not a claim about the person or a reason to trade.

258 award / exercise / gift records — not counted as purchases

Awards, option exercises, gifts and tax-withholding disposals are shown separately and never counted as open-market purchases or sales — they carry no conviction information.

DatePersonRoleActionSharesOwned afterFiling
2026-09-15Niles SabastianofficerWithheld for tax8,87318,164Form 4
2026-09-15Milano MiguelofficerWithheld for tax6,53532,219Form 4
2026-08-28Harris ParkerdirectorGift16,000914,987Form 4
2026-08-22Niles SabastianofficerWithheld for tax92027,037Form 4
2026-08-22Milano MiguelofficerWithheld for tax67838,754Form 4
2026-08-22KROES NEELIEdirectorWithheld for tax678,490Form 4
2026-08-22DONALD ARNOLD WdirectorOption exercise4415,856Form 4
2026-08-22DONALD ARNOLD WdirectorOption exercise441441Form 4
2026-08-22MUNOZ OSCARdirectorOption exercise441441Form 4
2026-08-22Roos John VictordirectorOption exercise441441Form 4
2026-08-22Milano MiguelofficerOption exercise1,6626,651Form 4
2026-08-22Kirk David BlairdirectorOption exercise44114,572Form 4
2026-08-22Niles SabastianofficerOption exercise1,66227,957Form 4
2026-08-22Chang AmydirectorOption exercise441441Form 4
2026-08-22SACHIN J. MEHRAdirectorOption exercise441441Form 4
2026-08-22Niles SabastianofficerOption exercise1,6626,651Form 4
2026-08-22Roos John VictordirectorOption exercise44117,289Form 4
2026-08-22ALBER LAURAdirectorOption exercise44110,413Form 4
2026-08-22ALBER LAURAdirectorOption exercise441441Form 4
2026-08-22Milano MiguelofficerOption exercise1,66239,432Form 4
2026-08-22SACHIN J. MEHRAdirectorOption exercise4415,406Form 4
2026-08-22KROES NEELIEdirectorOption exercise441441Form 4
2026-08-22KROES NEELIEdirectorOption exercise4418,557Form 4
2026-08-22Kirk David BlairdirectorOption exercise441441Form 4
2026-08-22MUNOZ OSCARdirectorOption exercise44113,990Form 4
2026-08-22Conway CraigdirectorOption exercise4419,937Form 4
2026-08-22Milano MiguelofficerAward / grant14,12114,121Form 4
2026-08-22Conway CraigdirectorOption exercise441441Form 4
2026-08-22Chang AmydirectorOption exercise4412,173Form 4
2026-07-22Harris ParkerdirectorWithheld for tax886163,288Form 4
2026-07-22Tallapragada SrinivasdirectorWithheld for tax88671,067Form 4
2026-07-22Harris ParkerdirectorOption exercise1,7865,356Form 4
2026-07-22Tallapragada SrinivasdirectorOption exercise1,78671,953Form 4
2026-07-22Tallapragada SrinivasdirectorOption exercise1,7865,356Form 4
2026-07-22Harris ParkerdirectorOption exercise1,786164,174Form 4
2026-06-22Washington Robin LdirectorWithheld for tax90848,827Form 4
2026-06-22Tallapragada SrinivasdirectorWithheld for tax90870,167Form 4
2026-06-22Tallapragada SrinivasdirectorWithheld for tax75669,244Form 4
2026-06-22Harris ParkerdirectorWithheld for tax631162,388Form 4
2026-06-22Harris ParkerdirectorWithheld for tax630161,748Form 4

Source: SEC Form 4 filings. Each row links to its original filing.

Across 2012–2021, stocks where a CEO, C-suite officer, or director had recently made an open-market common-stock purchase ran about +28 bp per month above the universe average (n=34,268 stock-weeks). A historical tendency, not a prediction.

Congressional disclosures iStock trades disclosed by members of Congress for this company, by the date they were filed.iDisclosures shown as facts. A purchase “cluster” (≥2 members of Congress filing a buy within 90 days) has historically preceded modestly higher forward returns — and it persisted out-of-sample, though it roughly halved after 2021 (see below). A descriptive historical tendency, not a signal to trade and not used in our forecast. See /methodology.

As of 2026-09-16 · point-in-time by filed date

Purchase clusters · 2015–2021 (dev)+45 bp/mo vs baseline · up-rate 59.3% vs 57.3% · n=31,607 cluster ticker-weeks
Purchase clusters · 2022–2026 (out-of-sample)+32 bp/mo vs baseline · up-rate 54.0% vs 53.3% · n=27,793

A cluster = ≥2 members of Congress filing a purchase within 90 days. The historical tilt persisted after 2021 but roughly halved (+45 → +32 bp/mo forward 1-month vs the S&P 500 weekly-grid baseline). Descriptive historical tendency — not a signal to trade, and not used in our forecast (audition-log 2026-07-27, recomputed 2026-09-08).

'23 Q'24 Q'24 Q'24 Q'24 Q'25 Q'25 Q'25 Q'25 Q'26 Q'26 Q'26 Qpurchases ▲ / sales ▼ ($ vol)
MemberChamberTypeFiledTradedSize
Alan ArmstrongSenatepurchase2026-07-212026-03-27$1–15K
Maria Elvira SalazarHousepurchase2026-07-072026-06-02$15–50K
Ro KhannaHousepurchase2026-07-062026-05-16$1–15K
Ro KhannaHousepurchase2026-07-062026-06-30$15–50K
Ro KhannaHousesale2026-07-062026-06-18$1–15K
Ro KhannaHousesale2026-06-092026-05-27$15–50K
Ro KhannaHousesale2026-06-092026-05-15$15–50K
Ro KhannaHousepurchase2026-05-112026-04-13$1–15K
Maria Elvira SalazarHousepurchase2026-05-082026-04-06$15–50K
Ro KhannaHousepurchase2026-04-072026-03-10$1–15K
Ro KhannaHousesale2026-04-072026-03-20$1–15K
Ro KhannaHousesale2026-04-072026-03-20$1–15K
Ro KhannaHousepurchase2026-04-072026-03-23$15–50K
Ro KhannaHousepurchase2026-04-072026-03-30$15–50K

Research tool, not investment advice — historical frequencies, not recommendations. A product of Marovel Technologies LLC. Full terms.