Salesforce, Inc. (CRM)
NYSE: CRM · Real-Time Price · USD
252.43
-2.36 (-0.93%)
At close: Sep 18, 2024, 4:00 PM
253.77
+1.34 (0.53%)
After-hours: Sep 18, 2024, 4:11 PM EDT
Salesforce Stock Forecast
Stock Price Forecast
The 34 analysts with 12-month price forecasts for Salesforce stock have an average target of 304.41, with a low estimate of 236 and a high estimate of 365. The average target predicts an increase of 20.59% from the current stock price of 252.43.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Salesforce stock from 36 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 | 12 |
| 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 | 36 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| 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 | +28.75% | Sep 6, 2024 |
| Needham | Needham | Strong Buy Reiterates $345 | Strong Buy | Reiterates | $345 | +36.67% | Sep 6, 2024 |
| Phillip Securities | Phillip Securities | Strong Buy → Buy Downgrades $305 | Strong Buy → Buy | Downgrades | $305 | +20.83% | Aug 30, 2024 |
| Truist Securities | Truist Securities | Strong Buy Reiterates $300 | Strong Buy | Reiterates | $300 | +18.84% | Aug 30, 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.