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Analyst coverage

Salesforce is followed by a number of industry analysts, including the analysts listed below in alphabetical order by firm. Please note that any opinions, estimates, or forecasts regarding Salesforce’s performance made by these analysts are theirs alone and do not represent opinions, forecasts, or predictions of Salesforce or its management. Salesforce does not by listing these analysts below imply its endorsement of or concurrence with such information, conclusions, or recommendations. This list is subject to change as firms add or delete coverage of Salesforce, and Salesforce has no obligation to maintain or update this list.

Analyst Securities Firm
Adam Shepherd Arete Research, LTD
Joseph Bonner Argus Research Corporation
Kash Rangan Bank of America Merrill Lynch
Raimo Lenschow Barclays Capital
Keith Bachman BMO Capital Markets
Joel Fishbein BTIG, LLC
Richard Davis Canaccord Genuity, Inc.
Scott Kessler CFRA Research
Walter Pritchard Citigroup Global Markets, Inc.
Ari Terjanian Cleveland Research Company
Derrick Wood Cowen and Company
Brad Zelnick Credit Suisse, LLC
Karl Keirstead Deutsche Bank Securities, Inc.
Kirk Materne Evercore Group, LLC
Stefan Slowinski Exane BNP Paribas
Shebly Seyrafi FBN Securities, Inc.
Heather Bellini Goldman Sachs & Co.
Christopher Eberle Nomura Instinet
John DiFucci Jefferies, LLC
Pat Walravens JMP Securities, LLC
Mark Murphy J.P. Morgan Securities
Brent Bracelin KeyBanc Capital Markets
Sarah Hindlian Macquarie Capital
Analyst Securities Firm
Brian White Monness Crespi Hardt
Keith Weiss Morgan Stanley Investment Research
Dan Romanoff Morningstar, Inc.
Scott Berg Needham and Company
Robert Breza Northland Securities
Brian Schwartz Oppenheimer & Co. Inc.
Alex Zukin Piper Jaffray & Co.
Brian Peterson Raymond James & Associates, Inc.
Ross MacMillan RBC Capital Markets
Rob Oliver Robert W. Baird & Company
Richard Baldry Roth Capital Partners, LLC
Mark Moerdler Sanford C. Bernstein & Company, LLC.
Richard Nguyen Societe Generale
James Rutherford Stephens, Inc.
Tom Roderick Stifel, Nicolaus & Company, Inc.
Terry Tillman SunTrust Robinson Humphrey
Jennifer Swanson Lowe UBS Securities, LLC
Steve Koenig Wedbush Securities
Phil Winslow Wells Fargo Securities
Bhavan Suri William Blair & Co., LLC