Salesforce Stock Forecast

Stock Price Forecast

The 34 analysts with 12-month price forecasts for Salesforce stock have an average target of 292.79, with a low estimate of 220 and a high estimate of 365. The average target predicts an increase of 14.29% from the current stock price of 256.19.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$220	$292.79	$300	$365
Change	-14.13%	+14.29%	+17.10%	+42.47%

* Price targets were last updated on May 31, 2024.

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	Jan '24	Feb '24	Mar '24	Apr '24	May '24	Jun '24
Strong Buy	12	12	11	11	12	12
Buy	14	13	12	12	13	13
Hold	9	9	9	9	10	9
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	36	35	33	33	36	35

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Frederick Havemeyer Macquarie	Macquarie	Buy Maintains $330 → $275	Buy	Maintains	$330 → $275	+7.34%	May 31, 2024
Tyler Radke Citigroup	Citigroup	Hold Maintains $323 → $260	Hold	Maintains	$323 → $260	+1.49%	May 30, 2024
Raimo Lenschow Barclays	Barclays	Buy Maintains $355 → $305	Buy	Maintains	$355 → $305	+19.05%	May 30, 2024
Brent Thill Jefferies	Jefferies	Strong Buy Maintains $360 → $350	Strong Buy	Maintains	$360 → $350	+36.62%	May 30, 2024
J. Derrick Wood TD Cowen	TD Cowen	Hold Maintains $330 → $285	Hold	Maintains	$330 → $285	+11.25%	May 30, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

38.20B

from 34.86B

9.60%

from 34.86B

Revenue Next Year

41.69B

from 38.20B

9.13%

from 38.20B

EPS This Year

10.00

from 4.20

138.01%

from 4.20

EPS Next Year

11.10

from 10.00

11.02%

from 10.00

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	17.10B	21.25B	26.49B	31.35B	34.86B	38.20B	41.69B	45.82B	51.65B	57.02B
Revenue Growth	28.73%	24.30%	24.66%	18.35%	11.18%	9.60%	9.13%	9.90%	12.73%	10.39%
EPS	0.15	4.38	1.48	0.21	4.20	10.00	11.10	12.71	14.44	16.25
EPS Growth	-89.51%	2,820.00%	-66.21%	-85.81%	1,900.00%	138.01%	11.02%	14.52%	13.63%	12.48%
Forward PE	-	-	-	-	-	25.63	23.08	20.16	17.74	15.77
No. Analysts	-	-	-	-	-	51	50	20	3	3

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	40.0B	44.8B	50.1B	55.1B	61.1B
Avg	38.2B	41.7B	45.8B	51.6B	57.0B
Low	36.5B	38.3B	42.5B	49.0B	54.0B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	14.7%	17.2%	20.1%	20.3%	18.2%
Avg	9.6%	9.1%	9.9%	12.7%	10.4%
Low	4.7%	0.3%	2.0%	7.1%	4.5%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	10.96	12.09	14.23	15.50	17.63
Avg	10.00	11.10	12.71	14.44	16.25
Low	9.38	9.96	11.52	13.56	15.07

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	161.0%	20.9%	28.2%	21.9%	22.1%
Avg	138.0%	11.0%	14.5%	13.6%	12.5%
Low	123.3%	-0.4%	3.8%	6.7%	4.4%

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.