Salesforce, Inc. (CRM)
NYSE: CRM · Real-Time Price · USD
335.78
+10.08 (3.09%)
At close: Nov 21, 2024, 4:00 PM
336.13
+0.35 (0.10%)
After-hours: Nov 21, 2024, 5:50 PM EST
Salesforce Stock Forecast
Stock Price Forecast
The 34 analysts with 12-month price forecasts for Salesforce stock have an average target of 330.5, with a low estimate of 236 and a high estimate of 425. The average target predicts a decrease of -1.57% from the current stock price of 335.78.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Salesforce stock from 36 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 | 12 |
| Buy | 12 | 12 | 14 | 15 | 16 | 17 |
| Hold | 10 | 9 | 9 | 8 | 8 | 7 |
| Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 35 | 34 | 35 | 34 | 35 | 36 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Hold Maintains $290 → $340 | Hold | Maintains | $290 → $340 | +1.26% | Nov 21, 2024 |
| Oppenheimer | Oppenheimer | Buy Reiterates $330 → $385 | Buy | Reiterates | $330 → $385 | +14.66% | Nov 21, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $310 → $340 | Buy | Maintains | $310 → $340 | +1.26% | Nov 20, 2024 |
| Erste Group | Erste Group | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Nov 19, 2024 |
| Scotiabank | Scotiabank | Buy Initiates $425 | Buy | Initiates | $425 | +26.57% | Nov 18, 2024 |
Financial Forecast
Revenue This Year
38.24B
from 34.86B
Increased by 9.71%
Revenue Next Year
41.67B
from 38.24B
Increased by 8.98%
EPS This Year
10.21
from 4.20
Increased by 143.04%
EPS Next Year
11.24
from 10.21
Increased by 10.16%
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.