What Is Salesforce? CRMUSDT Stock Explained
Learn what Salesforce (CRM) stock is, how CRMUSDT trading works, and key facts for beginner investors evaluating this enterprise SaaS company.
Salesforce, Inc. (NYSE: CRM) is an American cloud-based enterprise software company that provides customer relationship management (CRM) tools and business applications to companies worldwide. It is the world's largest CRM software provider and trades on the New York Stock Exchange under the ticker symbol CRM.
If you've seen "CRMUSDT" on a trading platform and wondered whether it's a cryptocurrency or a regular stock, you're in the right place. This article explains what Salesforce does, how it makes money, what CRMUSDT means, and what beginners need to know before researching CRM as a potential investment.
Disclaimer: This article is for informational and educational purposes only. It does not constitute financial advice or a recommendation to buy, sell, or hold any security. Always consult a qualified financial advisor before making investment decisions.
| Fact | Detail |
|---|---|
| Ticker Symbol | CRM |
| Exchange | New York Stock Exchange (NYSE) |
| Founded | 1999 |
| Headquarters | San Francisco, CA |
| Index Memberships | S&P 500, Dow Jones Industrial Average |
In this article:
- What Is CRMUSDT? Is It a Stock or a Cryptocurrency?
- What Does Salesforce Do? Understanding the Business
- Salesforce Company History: From Startup to Dow Jones
- How Does Salesforce Make Money? The Business Model Explained
- Salesforce Stock Basics: Ticker, Exchange, and Key Facts
- Salesforce Key Financial Metrics
- What Happened to Salesforce in 2023? The Profitability Pivot
- Salesforce and Artificial Intelligence: The Agentforce Story
- Who Are Salesforce's Competitors?
- Is Salesforce Stock Worth Investing In? Bulls vs. Bears
- How to Buy Salesforce Stock: A Step-by-Step Guide for Beginners
- Frequently Asked Questions About Salesforce Stock
What Is CRMUSDT? Is It a Stock or a Cryptocurrency?
CRMUSDT is not a cryptocurrency. It is a perpetual futures contract for Salesforce, Inc. stock (NYSE: CRM) priced in USDT (Tether), available on crypto derivatives exchanges such as Bybit.
The confusion is understandable. If you've traded BTCUSDT or ETHUSDT on a crypto platform, you recognize the format. But CRMUSDT is a different kind of asset entirely. On platforms that list both stocks and cryptocurrencies in one interface, equities are often displayed using the same USD-denominated pair notation as crypto assets. The "USDT" suffix here means the asset is priced in US Dollars. It does not mean Salesforce is a cryptocurrency or that you are buying Tether.
The table below shows the key differences between Salesforce CRM stock and a typical cryptocurrency:
| Feature | Salesforce CRM Stock | Typical Cryptocurrency |
|---|---|---|
| Trading Hours | 9:30 AM to 4:00 PM ET, Mon to Fri only | 24 hours a day, 7 days a week |
| Regulation | SEC-regulated U.S. equity | Varies by jurisdiction |
| Asset Type | Fractional ownership in a corporation | Digital token or coin |
| Ownership Rights | Legal claim on company assets and earnings | Depends on token structure |
| Price Drivers | Company earnings, growth, financials | Market sentiment, supply and demand |
Salesforce stock (NYSE: CRM) trades during New York Stock Exchange market hours: 9:30 AM to 4:00 PM Eastern Time, Monday through Friday. Unlike crypto, it does not trade on weekends or overnight. You can buy Salesforce stock through a traditional brokerage account, or gain Salesforce price exposure through CRMUSDT perpetual contracts on Bybit without a traditional brokerage account.
What Does Salesforce Do? Understanding the Business
Customer Relationship Management (CRM) software helps businesses track and manage every interaction with their customers, from initial contact through ongoing service and retention. Think of it as a company's digital memory for every customer conversation: who called, what they bought, what problem they reported, and when their contract renews.
Salesforce delivers this software as a service (SaaS). Instead of purchasing software to install on company computers, customers pay a monthly or annual subscription fee to access Salesforce's tools via the internet. It works like Netflix for business software: pay a recurring fee, access everything online, no installation required.
Because Salesforce runs entirely in the cloud, businesses access it from any device with an internet connection. Salesforce manages all the servers, security updates, and maintenance. Customers just log in and work.
Salesforce chose "CRM" as its NYSE ticker symbol to signal category dominance, similar to how Zoom became synonymous with video calls. The company holds approximately 21 to 23% of the global CRM software market, more than any other company, according to industry research from Gartner and IDC.
Salesforce's Main Products
- Sales Cloud — CRM platform for sales teams to track leads, manage opportunities, and close deals
- Service Cloud — Customer support tools for managing service cases and help desk operations
- Marketing Cloud — Marketing automation, email campaign management, and customer journey tools
- Commerce Cloud — E-commerce platform for B2C and B2B online stores
- Platform / AppExchange — Developer platform and app marketplace for building custom Salesforce solutions
- Slack — Business messaging and team collaboration platform (acquired 2021 for approximately $27.7 billion)
- Tableau — Data analytics and visualization software (acquired 2019 for approximately $15.7 billion)
- Agentforce — AI agent platform enabling autonomous task execution within the Salesforce platform (launched 2024)
This product diversity matters for investors because it shows Salesforce has expanded its addressable market well beyond its original CRM roots.
Salesforce Company History: From Startup to Dow Jones
Salesforce was founded in 1999 by Marc Benioff, a former Oracle Corporation executive, along with Parker Harris, Dave Moellenhoff, and Frank Dominguez. Working from a San Francisco apartment, they built the first version of Salesforce's cloud CRM around a radical premise: enterprise software delivered entirely over the internet, with no installation required. The company's founding motto was simply "No Software."
At a time when most enterprise software arrived on physical discs and required lengthy on-site installations, Salesforce's model was treated with skepticism. That skepticism proved wrong. Salesforce went public on the NYSE in June 2004 at approximately $11 per share, and spent the following two decades becoming one of the most valuable software companies in the world.
As Salesforce's co-founder and CEO, Marc Benioff's leadership decisions directly influence the company's direction and stock performance. From major acquisitions to the company's AI strategy, his choices shape investor sentiment. His response to investor pressure, discussed below, is a key part of the recent investment narrative.
Salesforce Key Milestones
- 1999 — Founded by Marc Benioff and co-founders in San Francisco with a "no software" cloud CRM vision
- 2004 — IPO on NYSE at approximately $11 per share
- 2019 — Acquires Tableau for approximately $15.7 billion, expanding into data analytics
- 2020 — Added to the Dow Jones Industrial Average in August, replacing ExxonMobil
- 2021 — Acquires Slack for approximately $27.7 billion, the largest acquisition in company history
- 2023 — Elliott Management and Starboard Value pressure Salesforce to improve profitability; stock re-rates upward
- 2024 — Launches Agentforce AI platform at Dreamforce conference
IPO price cited as historical educational reference only. Verify current stock data at Salesforce investor relations.
How Does Salesforce Make Money? The Business Model Explained
Salesforce makes money primarily through subscription fees that businesses pay to access its cloud software, accounting for approximately 93% of its total annual revenue. The remaining 7% comes from professional services like implementation support and consulting.
The pricing model works on a per-user, per-month basis. A company with 500 sales representatives using Sales Cloud pays 500 times the monthly per-user fee. Salesforce uses tiered pricing (Starter, Professional, Enterprise, Unlimited) with enterprise contracts typically negotiated through Salesforce's sales team. This ability to charge premium prices reflects significant pricing power, a sign investors watch when evaluating a company's competitive position.
Salesforce reported approximately $34.9 billion in total revenue for fiscal year 2024 (ending January 31, 2024), growing from approximately $1 billion in annual revenue in 2009. That 34x expansion in 15 years reflects the compounding nature of subscription renewals. Revenue figures are subject to change. Verify current financials at Salesforce investor relations.
Annual Recurring Revenue (ARR), the total annualized value of active subscription contracts, is the metric Salesforce investors watch most closely to assess revenue health. Since 93% of Salesforce's revenue is subscription-based, ARR and total revenue move closely together.
Beginners evaluating Salesforce as a potential investment can find context on how subscription-driven companies compare to other stock types at Best Stocks For Beginners With Little Money Practical Picks And A Simple Buying Plan.
Why the Subscription Model Matters to Investors
Most companies have revenue that varies year to year based on how many new customers they win. Salesforce's subscription model changes that dynamic.
Predictability: Because most enterprise customers renew automatically each billing cycle, Salesforce can forecast next year's revenue with greater confidence than a company that relies on new product sales. This predictability reduces earnings risk.
Switching costs: Think of Salesforce's subscription model like a gym membership for enterprises. Once a business builds its entire sales process and customer service operation inside Salesforce, canceling feels like dismantling infrastructure. Switching is technically possible but operationally painful, and this stickiness keeps customer churn low in enterprise accounts.
Premium valuation: Investors pay more for predictable recurring revenue than for one-time sales. A company earning $1 billion in annual subscription renewals is valued higher than a company earning $1 billion in one-time product sales, because the subscription company's future revenue is far more certain. This explains why Salesforce's stock has historically traded at a premium compared to the broader market.
Salesforce Stock Basics: Ticker, Exchange, and Key Facts
| Fact | Detail |
|---|---|
| IPO Date | June 2004 |
| IPO Price | Approximately $11 per share |
| Market Capitalization | Approximately $200 billion or more (verify current at a financial data provider) |
| Dividends | None (as of publication date) |
All figures subject to change. Verify current data at Salesforce investor relations or a financial data provider.
Salesforce trades on the New York Stock Exchange under the ticker symbol CRM. That single fact is all you need to find the stock on any major brokerage platform.
The New York Stock Exchange (NYSE) is one of the two major U.S. stock exchanges, alongside the NASDAQ. NYSE-listed stocks trade during regular market hours: 9:30 AM to 4:00 PM Eastern Time, Monday through Friday. Unlike cryptocurrency markets, Salesforce stock does not trade on weekends or outside these hours. For the current stock price, search ticker CRM on any financial data platform or brokerage. This article does not provide real-time price data.
In August 2020, Salesforce was added to the Dow Jones Industrial Average (the Dow), an index tracking 30 large, established American companies. This matters to investors for two reasons. First, Dow inclusion signals that the investment community views Salesforce as a mature, blue-chip company rather than a speculative growth stock. Second, millions of investors who hold Dow-tracking index funds or ETFs automatically gained exposure to Salesforce through their existing investments, without buying a single share of CRM directly.
Salesforce is also a constituent of the S&P 500, which tracks 500 of the largest publicly traded U.S. companies. Investors who hold broad U.S. index funds through their 401(k) or brokerage account likely already own a small portion of Salesforce. This is one of the more surprising discoveries for beginner investors: you may already have Salesforce exposure and not know it.
Market capitalization, the total value of all outstanding shares calculated by multiplying the current share price by total shares outstanding, has been in the range of $200 billion or more for Salesforce in recent periods. This places it among the 30 to 50 largest publicly traded companies in the United States. Verify the current figure on your brokerage platform or financial data provider, as market cap changes daily with the stock price.
Salesforce Key Financial Metrics
| Metric | Approximate Figure | Source |
|---|---|---|
| Annual Revenue (FY2024) | ~$34.9 billion | Salesforce investor relations |
| Market Capitalization | ~$200 billion or more | Financial data provider (verify current) |
| Free Cash Flow (FY2024) | ~$10 billion or more | Salesforce investor relations |
| Dividend | None | Salesforce investor relations |
| Index Memberships | S&P 500, Dow Jones Industrial Average | — |
All figures subject to change. Verify current data at Salesforce investor relations.
Salesforce reported approximately $34.9 billion in total revenue for fiscal year 2024 (ending January 31, 2024), representing approximately 11% year-over-year growth. Revenue is the total amount of money Salesforce collected from customers during the year. Approximately 93% of that came from cloud subscription and support fees.
Dividends: As of this article's publication, Salesforce does not pay a regular cash dividend. A dividend is a cash payment companies make to shareholders from profits. Many high-growth technology companies, including Salesforce, reinvest earnings into product development rather than distributing cash to shareholders. Salesforce has instead returned capital through share buyback programs, where the company repurchases its own stock on the open market. Dividend policies can change. Verify current status at Salesforce investor relations.
The price-to-earnings ratio (P/E ratio) measures how much investors pay for each dollar of a company's earnings. If Salesforce has a P/E of 40, investors are paying $40 for every $1 of annual profit the company generates. Salesforce has historically traded at a premium P/E ratio, typically in a range of 30x to 60x trailing earnings, reflecting investor expectations for above-average growth. For SaaS companies like Salesforce, analysts often focus on price-to-free-cash-flow or revenue multiples rather than traditional P/E. That's because SaaS earnings are frequently compressed by stock-based compensation and acquisition-related accounting charges. Check current P/E data on a financial data provider, as it changes daily.
Free cash flow (FCF), the cash a company generates after paying for its operating expenses and capital investments (essentially the money left over that could be returned to shareholders or reinvested), improved significantly at Salesforce following a 2023 strategic shift. In fiscal year 2024, Salesforce generated approximately $10 billion or more in free cash flow. The story behind that improvement is covered in the next section.
Earnings per share (EPS), a measure of profit generated for each share of stock outstanding, is reported quarterly by Salesforce. EPS results relative to analyst expectations frequently drive short-term stock price movements. Salesforce reports both GAAP and non-GAAP EPS figures; non-GAAP EPS excludes stock-based compensation and acquisition-related costs, and is generally higher.
Data freshness notice: All financial figures are subject to change. For current and complete financial data, visit Salesforce investor relations or a financial data platform such as Bloomberg or your brokerage.
What Happened to Salesforce in 2023? The Profitability Pivot
Activist investors are large shareholders who acquire a significant stake in a company and then publicly pressure its leadership to make changes they believe will increase the stock price. They typically communicate their demands through open letters, media statements, and direct engagement with company boards.
In early 2023, two prominent activist investment firms, Elliott Management and Starboard Value, each acquired significant positions in Salesforce and demanded changes. Their core argument: Salesforce had spent years growing revenue aggressively through large acquisitions while treating profitability and free cash flow as secondary concerns. Elliott and Starboard wanted that to change.
In response, Salesforce paused its major acquisition strategy, reduced its workforce by approximately 10% in early 2023, and committed to improving its operating margins and free cash flow generation. CEO Marc Benioff embraced the profitability mandate, announcing specific margin targets and making capital discipline a central message to investors.
This shift, from a growth-at-all-costs model to a disciplined cash-generating business, is a central reason Salesforce's stock recovered and re-rated upward from its 2022 lows through 2023 and 2024. The improved FCF figures in the financial metrics table above reflect this pivot directly. Understanding this context helps explain the improved financial metrics you may see cited in current analyst reports about CRM stock.
Salesforce and Artificial Intelligence: The Agentforce Story
Agentforce is Salesforce's AI agent platform, launched at its annual Dreamforce conference in 2024. Unlike earlier AI tools that required step-by-step human prompting, Agentforce enables autonomous AI agents to independently perform tasks inside the Salesforce platform: answering customer service inquiries, qualifying sales leads, executing business workflows without human instruction for each individual action.
Agentforce builds on Salesforce's earlier AI product line, Salesforce Einstein (launched 2016), which introduced machine learning features into the platform. Agentforce represents a significant step forward in AI autonomy. Salesforce CEO Marc Benioff has publicly described Agentforce as the most important product launch in Salesforce's history.
For investors, Agentforce matters because it represents Salesforce's primary AI monetization strategy, a potential source of accelerated revenue growth and expanded market opportunities. Analysts have cited Agentforce as a key reason for renewed investor interest in CRM stock in 2024 and 2025. The broader enterprise AI investment wave, accelerated by the public launch of ChatGPT in 2022, has increased investor appetite for AI-integrated enterprise software companies. Salesforce is among the largest in that category.
AI product timelines and revenue generation are inherently uncertain. Whether Agentforce achieves the commercial success Salesforce projects remains to be seen. Investors should evaluate this as a potential catalyst, not a guaranteed outcome. Execution risk on AI monetization is a material consideration, covered in the bear case below.
Who Are Salesforce's Competitors?
Salesforce holds approximately 21 to 23% of the global CRM software market, more than twice the share of its nearest competitor, according to industry research from Gartner and IDC. Market share figures are updated annually; verify current rankings through Gartner or IDC research.
| Competitor | Market Focus | Key Product | Competitive Threat to Salesforce |
|---|---|---|---|
| Microsoft | Enterprise | Dynamics 365 | High: can bundle CRM with existing Microsoft 365 subscriptions |
| HubSpot | Small and mid-sized business | HubSpot CRM | Medium: targets smaller companies with less direct overlap |
| Oracle | Enterprise | Oracle CX Cloud | Medium: legacy competitor; Marc Benioff's former employer |
| SAP | Enterprise | SAP Sales Cloud | Low-Medium: primarily ERP with some CRM overlap |
Microsoft is Salesforce's most significant competitive threat. Through Dynamics 365, Microsoft can offer CRM capabilities bundled with existing Microsoft 365 (Office) and Azure cloud subscriptions, giving IT decision-makers a financial incentive to consolidate on Microsoft rather than pay separately for Salesforce. This bundling dynamic is a competitive pressure point that Salesforce analysts monitor closely.
HubSpot competes primarily in the small-to-mid-sized business (SMB) segment, offering a more accessible, lower-cost CRM platform. Salesforce and HubSpot rarely compete for the same enterprise customers. Salesforce's target market is typically much larger organizations with more complex operational needs.
Salesforce's dominant market position, holding more global CRM share than any single competitor, is a key element of the investment bull case. It suggests pricing power and competitive staying power that smaller rivals cannot easily replicate.
Is Salesforce Stock Worth Investing In? Bulls vs. Bears
Disclaimer: This section presents factual information about Salesforce's business strengths and risks for educational purposes only. It does not constitute financial advice or a recommendation to buy or sell any security. Always consult a qualified financial advisor before making investment decisions.
Whether Salesforce stock belongs in your portfolio depends on your investment goals, risk tolerance, and time horizon, not on any single metric or recent news event. The sections above have given you the foundational knowledge to evaluate the case. Here is how the bull and bear arguments compare.
The Bull Case for Salesforce Stock
- Dominant CRM market share (~21 to 23% globally) provides a competitive moat that is difficult for rivals to overcome. Salesforce's installed base of enterprise customers is deeply embedded in their operations.
- Predictable subscription revenue model (~93% recurring): Most of next year's revenue is already locked in through active contracts, which investors treat as a sign of financial stability and a reason to pay premium multiples.
- Blue-chip status as a Dow Jones and S&P 500 member signals institutional credibility. Index inclusion reflects the investment community's view of Salesforce as a mature, established large-cap company.
- Agentforce AI platform represents a potential major growth catalyst for 2024 through 2026. If Salesforce successfully monetizes autonomous AI agents at scale, analysts see a path to accelerated revenue growth and expanded pricing power.
- Improved free cash flow generation post-2023 demonstrates financial discipline. Salesforce's shift from growth-at-all-costs to FCF focus has produced measurable results that value-oriented investors find appealing.
The Bear Case for Salesforce Stock
- Premium valuation means Salesforce has historically traded at a high P/E ratio relative to the S&P 500 average, making the stock sensitive to growth disappointments. Any quarterly miss can produce sharp declines.
- Microsoft competition is the most direct risk. Dynamics 365 bundling creates pricing pressure in enterprise accounts. When IT budgets tighten, consolidated Microsoft subscriptions become an attractive alternative to paying separately for Salesforce.
- Agentforce execution risk: AI product monetization timelines are uncertain, adoption may be slower than Salesforce projects, and competitors including Microsoft are also building AI-powered CRM features.
- Macroeconomic sensitivity means enterprise software spending slows during economic downturns as companies freeze or reduce IT budgets. Salesforce is not immune to broad economic cycles.
- Acquisition integration complexity remains an ongoing challenge. The Slack ($27.7 billion) and Tableau ($15.7 billion) acquisitions carry execution risk that investors factor into their evaluation.
Salesforce's stock can move significantly, sometimes plus or minus 5 to 15%, in a single trading day. The most common triggers are quarterly earnings reports (where EPS results relative to analyst expectations drive immediate price reactions), CEO announcements about AI strategy or major acquisitions, and broader shifts in tech sector sentiment.
Your decision about whether to research Salesforce further should be guided by your investment goals, risk tolerance, and time horizon. The bull case rests on market leadership, predictable revenue, and AI growth potential. The bear case centers on premium valuation and competitive pressure from Microsoft. Neither outcome is guaranteed. Investing involves risk, and past performance does not predict future results.
This article is for informational purposes only. It does not constitute financial advice. Consult a qualified financial advisor before making investment decisions.
If you're comparing CRM alongside other beginner-accessible stocks, Best Stocks For Beginners With Little Money Practical Picks And A Simple Buying Plan walks through how to evaluate stocks when starting with limited capital.
How to Buy Salesforce Stock: A Step-by-Step Guide for Beginners
The following is an educational overview of how stock purchases work. It is not financial advice.
Buying Salesforce stock (NYSE: CRM) through a brokerage account takes six steps.
Steps to Buy Salesforce (CRM) Stock
Step 1: Choose a brokerage platform or trading venue. For traditional equity ownership, options include brokerages such as Fidelity, Charles Schwab, and TD Ameritrade, as well as app-based platforms. If you prefer to trade without a traditional brokerage account, Bybit offers CRMUSDT perpetual contracts that track Salesforce's stock price — see the complete CRMUSDT trading guide for how crypto-native Salesforce trading works. If you already use a crypto exchange, you may be able to access CRM price exposure there. Check whether your chosen platform supports the instrument type you need in your region.
Step 2: Open and fund your account. Complete the account application online (typically 10 to 15 minutes) and transfer funds from your bank account. Most platforms accept bank transfers; some accept debit card funding. Your account may require identity verification before you can trade.
Step 3: Search for ticker symbol CRM. Use your brokerage platform's search function and enter "CRM" to locate Salesforce, Inc. (NYSE: CRM). Confirm you have selected the correct company, as some platforms list multiple CRM-related names.
Step 4: Review the current stock price and decide on an amount. Decide how many shares or what dollar amount you want to invest. Many platforms offer fractional shares, meaning you can invest $50 in Salesforce even if a full share costs several hundred dollars. You do not need to purchase a whole share.
Step 5: Choose your order type. A market order buys shares at the current market price immediately when the market is open. A limit order lets you specify the maximum price you are willing to pay; the order only fills if the stock reaches that price. For beginners making their first purchase during regular trading hours, a market order is the simpler choice.
Step 6: Place the order and monitor your investment. Confirm the order details and submit. After purchase, track your Salesforce position in your brokerage app. Setting up price alerts can help you stay informed about significant price movements without watching the market constantly.
Fractional shares: Most major brokerage platforms now offer fractional share investing, allowing you to buy a portion of one Salesforce share for as little as $1 to $5. You do not need to purchase a full share.
Trading hours reminder: Salesforce stock (CRM) trades only during NYSE market hours, 9:30 AM to 4:00 PM Eastern Time, Monday through Friday. Unlike crypto markets, it does not trade on weekends or overnight. Orders placed outside these hours will be queued for the next trading session.
Frequently Asked Questions About Salesforce Stock
What is Salesforce and what does it do?
Salesforce, Inc. is an American cloud-based software company that provides customer relationship management (CRM) tools and enterprise applications. Businesses use Salesforce to manage sales pipelines, customer service cases, and marketing campaigns. It trades on the NYSE under ticker CRM and is the world's largest CRM software provider by market share.
Is Salesforce (CRM) a good stock to buy?
Whether Salesforce is a good investment depends on your individual goals and risk tolerance. The bull case includes dominant CRM market share, predictable subscription revenue, and AI growth via Agentforce. Key risks include a premium valuation and competition from Microsoft. This article is for informational purposes only and does not constitute financial advice.
Is CRMUSDT a cryptocurrency?
No. CRMUSDT is not a cryptocurrency. It is a perpetual futures contract for Salesforce, Inc. stock (NYSE: CRM) priced in USDT, available on crypto derivatives exchanges such as Bybit. The USDT suffix refers to the settlement currency of the derivatives contract. Salesforce is a traditional publicly traded equity stock.
Does Salesforce pay a dividend?
As of this article's publication date, Salesforce does not pay a regular cash dividend. Like many high-growth technology companies, Salesforce reinvests earnings into product development rather than distributing cash to shareholders. Salesforce has used share buyback programs to return capital instead. Verify current dividend status at Salesforce investor relations, as policies can change.
What is Salesforce's market cap?
Salesforce's market capitalization has been approximately $200 billion or more in recent periods, though this figure changes daily with the stock price. Market cap is calculated by multiplying the share price by total shares outstanding. For the current market cap, search ticker CRM on a financial data platform or your brokerage.
Who are Salesforce's biggest competitors?
Salesforce's main competitors include Microsoft (Dynamics 365), the primary enterprise CRM challenger; HubSpot, which focuses on small and mid-sized businesses; Oracle (CX Cloud), a legacy enterprise software competitor; and SAP. Salesforce holds approximately 21 to 23% of the global CRM market, more than any single competitor, according to Gartner and IDC research.
Is Salesforce stock in the S&P 500?
Yes. Salesforce is a constituent of both the S&P 500 and the Dow Jones Industrial Average, where it was added in August 2020. Investors who hold broad U.S. stock index funds through a 401(k) or brokerage account likely already have indirect exposure to Salesforce through their existing index fund holdings.
How has Salesforce stock performed historically?
Salesforce went public at approximately $11 per share in June 2004 and became one of the best-performing large-cap technology stocks over the following two decades. The stock experienced significant volatility during the 2021 to 2022 tech sell-off but recovered following a 2023 profitability pivot driven by activist investor pressure. For current price history, check your brokerage or a financial data provider.
Conclusion: What You Now Know About Salesforce Stock
Salesforce, Inc. (NYSE: CRM) is the world's leading CRM software company, a cloud-based SaaS business that has grown from a San Francisco apartment startup in 1999 to a Dow Jones Industrial Average component with over $34 billion in annual revenue. CRMUSDT is a perpetual futures contract for Salesforce stock priced in USDT, available on crypto derivatives exchanges such as Bybit — not a cryptocurrency.
To research further:
- Visit Salesforce investor relations for official financial reports and earnings releases
- Check current CRM stock data on a financial data platform or your brokerage by searching ticker CRM
- Review analyst ratings and price targets for current Wall Street consensus
- To trade CRMUSDT without a brokerage account, see the complete guide to trading CRMUSDT on Bybit
- Consult a qualified financial advisor before making any investment decisions
Final disclaimer: This article is for informational and educational purposes only. It does not constitute financial advice or a recommendation to buy, sell, or hold any security. Always conduct your own due diligence and consult a qualified financial advisor before making investment decisions. Past performance is not indicative of future results.
All financial figures cited in this article are subject to change. Verify current data at Salesforce investor relations or a financial data provider.