Salesforce, Inc. (CRM)
NYSE: CRM · Real-Time Price · USD
265.99
+13.56 (5.37%)
At close: Sep 19, 2024, 4:00 PM
265.40
-0.59 (-0.22%)
After-hours: Sep 19, 2024, 7:59 PM EDT
Salesforce Stock Forecast
Stock Price Forecast
The 33 analysts with 12-month price forecasts for Salesforce stock have an average target of 306, with a low estimate of 236 and a high estimate of 365. The average target predicts an increase of 15.04% from the current stock price of 265.99.
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 | 15 |
| Hold | 9 | 10 | 10 | 9 | 9 | 9 |
| 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 |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Reiterates $300 → $315 | Strong Buy | Reiterates | $300 → $315 | +18.43% | Sep 19, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $300 | Buy | Reiterates | $300 | +12.79% | Sep 19, 2024 |
| Loop Capital | Loop Capital | Hold Maintains $270 | Hold | Maintains | $270 | +1.51% | Sep 19, 2024 |
| Erste Group | Erste Group | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Sep 11, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $325 | Strong Buy | Maintains | $325 | +22.19% | Sep 6, 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.