Salesforce, Inc. (CRM)
NYSE: CRM · Real-Time Price · USD
275.76
+1.67 (0.61%)
At close: Sep 26, 2024, 4:00 PM
276.38
+0.62 (0.23%)
After-hours: Sep 26, 2024, 7:31 PM EDT
Salesforce Stock Forecast
Stock Price Forecast
The 33 analysts with 12-month price forecasts for Salesforce stock have an average target of 307.73, with a low estimate of 236 and a high estimate of 365. The average target predicts an increase of 11.59% from the current stock price of 275.76.
Analyst Consensus: Buy
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 | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
---|---|---|---|---|---|---|
Strong Buy | 11 | 12 | 12 | 12 | 12 | 11 |
Buy | 12 | 13 | 13 | 13 | 15 | 16 |
Hold | 9 | 10 | 10 | 9 | 9 | 8 |
Sell | 1 | 1 | 1 | 1 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 33 | 36 | 36 | 35 | 36 | 35 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Piper Sandler | Piper Sandler | Hold → Buy Upgrades $268 → $325 | Hold → Buy | Upgrades | $268 → $325 | +17.86% | Sep 24, 2024 |
Needham | Needham | Strong Buy Reiterates $345 | Strong Buy | Reiterates | $345 | +25.11% | Sep 20, 2024 |
Truist Securities | Truist Securities | Strong Buy Reiterates $300 → $315 | Strong Buy | Reiterates | $300 → $315 | +14.23% | Sep 19, 2024 |
RBC Capital | RBC Capital | Buy Reiterates $300 | Buy | Reiterates | $300 | +8.79% | Sep 19, 2024 |
Loop Capital | Loop Capital | Hold Maintains $270 | Hold | Maintains | $270 | -2.09% | Sep 19, 2024 |
Financial Forecast
Revenue This Year
38.24B
from 34.86B
Increased by 9.69%
Revenue Next Year
41.62B
from 38.24B
Increased by 8.86%
EPS This Year
10.20
from 4.20
Increased by 142.95%
EPS Next Year
11.24
from 10.20
Increased by 10.12%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 39.9B | 44.4B | 50.6B | ||
Avg | 38.2B | 41.6B | 45.6B | ||
Low | 36.9B | 39.7B | 42.0B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 14.5% | 16.1% | 21.6% | ||
Avg | 9.7% | 8.9% | 9.5% | ||
Low | 6.0% | 3.8% | 0.9% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 10.77 | 12.56 | 14.96 | ||
Avg | 10.20 | 11.24 | 12.81 | ||
Low | 9.84 | 10.32 | 11.75 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 156.5% | 23.1% | 33.2% | ||
Avg | 142.9% | 10.1% | 14.0% | ||
Low | 134.3% | 1.1% | 4.6% |
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.