Salesforce, Inc. (CRM)
NYSE: CRM · IEX Real-Time Price · USD
253.97
+2.85 (1.13%)
At close: Jul 12, 2024, 4:00 PM
252.54
-1.43 (-0.56%)
After-hours: Jul 12, 2024, 7:59 PM EDT

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 15.29% from the current stock price of 253.97.

Analyst Consensus: Buy
Target Low Average Median High
Price $220 $292.79 $300 $365
Change -13.38% +15.29% +18.12% +43.72%

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 Feb '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 121111121212
Buy 131212131313
Hold 99910109
Sell 111111
Strong Sell 000000
Total 353333363635

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Piper Sandler
Piper Sandler
Hold
Maintains
$250
Hold Maintains $250 -1.56% Jul 12, 2024
Macquarie
Macquarie
Buy
Maintains
$330$275
Buy Maintains $330$275 +8.28% May 31, 2024
Citigroup
Citigroup
Hold
Maintains
$323$260
Hold Maintains $323$260 +2.37% May 30, 2024
Barclays
Barclays
Buy
Maintains
$355$305
Buy Maintains $355$305 +20.09% May 30, 2024
Jefferies
Jefferies
Strong Buy
Maintains
$360$350
Strong Buy Maintains $360$350 +37.81% May 30, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
38.20B
from 34.86B
Increased by 9.60%
Revenue Next Year
41.69B
from 38.20B
Increased by 9.13%
EPS This Year
10.00
from 4.20
Increased by 138.01%
EPS Next Year
11.10
from 10.00
Increased by 11.02%
Year 2019202020212022202320242025202620272028
Revenue
17.10B21.25B26.49B31.35B34.86B38.20B41.69B45.82B51.65B57.02B
Revenue Growth
28.73%24.30%24.66%18.35%11.18%9.60%9.13%9.90%12.73%10.39%
EPS
0.154.381.480.214.2010.0011.1012.7114.4416.25
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
-----25.4122.8819.9817.5815.63
No. Analysts -----51502033
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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.