Salesforce, Inc. (CRM)
NYSE: CRM · Real-Time Price · USD
344.43
+1.53 (0.45%)
At close: Dec 24, 2024, 1:00 PM
344.37
-0.06 (-0.02%)
After-hours: Dec 24, 2024, 2:58 PM EST

Salesforce Stock Forecast

Stock Price Forecast

The 36 analysts with 12-month price forecasts for Salesforce stock have an average target of 375.28, with a low estimate of 236 and a high estimate of 450. The average target predicts an increase of 8.96% from the current stock price of 344.43.

Analyst Consensus: Buy
Target Low Average Median High
Price $236 $375.28 $390 $450
Change -31.48% +8.96% +13.23% +30.65%

Analyst Ratings

The average analyst rating for Salesforce stock from 39 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 Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 121211111213
Buy 121415161717
Hold 998879
Sell 100000
Strong Sell 000000
Total 343534353639

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Macquarie
Macquarie
Hold
Maintains
$370
Hold Maintains $370 +7.42% Dec 18, 2024
JMP Securities
JMP Securities
Buy
Reiterates
$450
Buy Reiterates $450 +30.65% Dec 18, 2024
Wedbush
Wedbush
Buy
Reiterates
$425
Buy Reiterates $425 +23.39% Dec 18, 2024
Needham
Needham
Strong Buy
Reiterates
$375
Strong Buy Reiterates $375 +8.88% Dec 18, 2024
Piper Sandler
Piper Sandler
Buy
Maintains
$405
Buy Maintains $405 +17.59% Dec 18, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
38.32B
from 34.86B
Increased by 9.93%
Revenue Next Year
41.77B
from 38.32B
Increased by 9.02%
EPS This Year
10.13
from 4.20
Increased by 141.17%
EPS Next Year
11.30
from 10.13
Increased by 11.58%
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
17.10B21.25B26.49B31.35B34.86B38.32B41.77B45.74B
Revenue Growth
28.73%24.30%24.66%18.35%11.18%9.93%9.02%9.49%
EPS
0.154.381.480.214.2010.1311.3012.83
EPS Growth
-89.51%2,820.00%-66.21%-85.83%1,903.08%141.17%11.58%13.51%
Forward PE
-----34.0030.4826.85
No. Analysts -----525235
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 40.0B 44.5B 49.9B
Avg 38.3B 41.8B 45.7B
Low 37.1B 40.0B 43.0B

Revenue Growth

Revenue Growth 20252026202720282029
High
14.7%
16.2%
19.5%
Avg
9.9%
9.0%
9.5%
Low
6.5%
4.5%
3.0%

EPS Forecast

EPS 20252026202720282029
High 10.64 12.52 14.73
Avg 10.13 11.30 12.83
Low 9.78 10.38 11.48

EPS Growth

EPS Growth 20252026202720282029
High
153.3%
23.6%
30.3%
Avg
141.2%
11.6%
13.5%
Low
132.9%
2.5%
1.5%
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.