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
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 '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
---|---|---|---|---|---|---|
Strong Buy | 12 | 12 | 11 | 11 | 12 | 13 |
Buy | 12 | 14 | 15 | 16 | 17 | 17 |
Hold | 9 | 9 | 8 | 8 | 7 | 9 |
Sell | 1 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 34 | 35 | 34 | 35 | 36 | 39 |
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 |
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%
Revenue Forecast
Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
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 | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 14.7% | 16.2% | 19.5% | ||
Avg | 9.9% | 9.0% | 9.5% | ||
Low | 6.5% | 4.5% | 3.0% |
EPS Forecast
EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
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 | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
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.