Salesforce, Inc. (CRM)

Salesforce Stock Forecast

Stock Price Forecast

The 33 analysts with 12-month price forecasts for Salesforce stock have an average target of 317.03, with a low estimate of 236 and a high estimate of 400. The average target predicts a decrease of -7.07% from the current stock price of 341.15.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$236	$317.03	$315	$400
Change	-30.82%	-7.07%	-7.67%	+17.25%

Analyst Ratings

The average analyst rating for Salesforce stock from 35 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	12	12	12	11	11	11
Buy	12	12	14	15	16	16
Hold	10	9	9	8	8	8
Sell	1	1	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	35	34	35	34	35	35

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Michael Turrin Wells Fargo	Wells Fargo	Hold Maintains $275 → $330	Hold	Maintains	$275 → $330	-3.27%	Nov 12, 2024
Brent Thill Jefferies	Jefferies	Strong Buy Maintains $350 → $400	Strong Buy	Maintains	$350 → $400	+17.25%	Nov 11, 2024
Parker Lane Stifel	Stifel	Strong Buy Maintains $320 → $350	Strong Buy	Maintains	$320 → $350	+2.59%	Oct 28, 2024
Brian Schwartz Oppenheimer	Oppenheimer	Buy Reiterates $300 → $330	Buy	Reiterates	$300 → $330	-3.27%	Oct 24, 2024
Nehal Chokshi Northland Capital Markets	Northland Capital Markets	Hold → Buy Upgrades $270 → $400	Hold → Buy	Upgrades	$270 → $400	+17.25%	Oct 2, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

38.24B

Increased by 9.71%

from 34.86B

Revenue Next Year

41.67B

Increased by 8.98%

from 38.24B

EPS This Year

10.21

Increased by 143.04%

from 4.20

EPS Next Year

11.24

Increased by 10.16%

from 10.21

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jan 31, 2020	Jan 31, 2021	Jan 31, 2022	Jan 31, 2023	Jan 31, 2024	Jan 31, 2025	Jan 31, 2026	Jan 31, 2027
Revenue	17.10B	21.25B	26.49B	31.35B	34.86B	38.24B	41.67B	45.67B
Revenue Growth	28.73%	24.30%	24.66%	18.35%	11.18%	9.71%	8.98%	9.59%
EPS	0.15	4.38	1.48	0.21	4.20	10.21	11.24	12.79
EPS Growth	-89.51%	2,820.00%	-66.21%	-85.83%	1,903.08%	143.04%	10.16%	13.77%
Forward PE	-	-	-	-	-	33.42	30.34	26.67
No. Analysts	-	-	-	-	-	50	49	28

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	39.9B	44.4B	50.6B
Avg	38.2B	41.7B	45.7B
Low	37.0B	39.8B	42.0B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	14.5%	16.1%	21.5%
Avg	9.7%	9.0%	9.6%
Low	6.0%	4.0%	0.8%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	10.79	12.56	14.96
Avg	10.21	11.24	12.79
Low	9.84	9.91	10.86

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	157.0%	23.0%	33.1%
Avg	143.0%	10.2%	13.8%
Low	134.3%	-3.0%	-3.4%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.