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Salesforce, Inc. (CRM)
NYSE: CRM · IEX Real-Time Price · USD
275.74
+1.45 (0.53%)
At close: Apr 29, 2024, 4:00 PM
274.00
-1.74 (-0.63%)
Pre-market: Apr 30, 2024, 8:45 AM EDT

Salesforce Stock Forecast

Stock Price Forecast

The 31 analysts with 12-month price forecasts for Salesforce stock have an average target of 305.74, with a low estimate of 153 and a high estimate of 365. The average target predicts an increase of 10.88% from the current stock price of 275.74.

Analyst Consensus: Buy
Target Low Average Median High
Price $153 $305.74 $325 $365
Change -44.51% +10.88% +17.86% +32.37%

Analyst Ratings

The average analyst rating for Salesforce stock from 33 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 Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 111212121111
Buy 131314131212
Hold 12119999
Sell 111111
Strong Sell 000000
Total 373736353333

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Brent Thill
Jefferies
 Jefferies
Strong Buy
Maintains
$350 → $360
 Strong Buy Maintains $350 → $360 +30.56% Apr 22, 2024
Alex Zukin
Wolfe Research
 Wolfe Research
Buy
Reiterates
$365
 Buy Reiterates $365 +32.37% Apr 16, 2024
Patrick Walravens
JMP Securities
 JMP Securities
Buy
Reiterates
$342
 Buy Reiterates $342 +24.03% Apr 15, 2024
Rishi Jaluria
RBC Capital
 RBC Capital
Buy
Reiterates
n/a
 Buy Reiterates n/a n/a Apr 15, 2024
Scott Berg
Needham
 Needham
Strong Buy
Reiterates
$345
 Strong Buy Reiterates $345 +25.12% Apr 15, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
38.36B
from 34.86B
Increased by 10.06%
Revenue Next Year
42.40B
from 38.36B
Increased by 10.51%
EPS This Year
9.86
from 4.20
Increased by 134.74%
EPS Next Year
11.11
from 9.86
Increased by 12.72%
Year 2019202020212022202320242025202620272028
Revenue
17.10B21.25B26.49B31.35B34.86B38.36B42.40B47.55B54.71B60.82B
Revenue Growth
28.73%24.30%24.66%18.35%11.18%10.06%10.51%12.16%15.05%11.18%
EPS
0.154.381.480.214.209.8611.1112.9513.8015.55
EPS Growth
-89.51%2,820.00%-66.21%-85.81%1,900.00%134.74%12.72%16.51%6.56%12.74%
No. Analysts -----49481922
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 40.7B 46.8B 53.7B 57.1B 63.6B
Avg 38.4B 42.4B 47.5B 54.7B 60.8B
Low 37.0B 40.0B 43.1B 52.9B 58.7B

Revenue Growth

Revenue Growth 20242025202620272028
High
16.7%
22.0%
26.8%
20.1%
16.2%
Avg
10.1%
10.5%
12.2%
15.1%
11.2%
Low
6.1%
4.1%
1.6%
11.2%
7.3%

EPS Forecast

EPS 20242025202620272028
High 10.83 12.71 15.05 14.34 16.17
Avg 9.86 11.11 12.95 13.80 15.55
Low 9.48 8.74 10.86 13.39 15.09

EPS Growth

EPS Growth 20242025202620272028
High
157.8%
28.9%
35.4%
10.8%
17.2%
Avg
134.7%
12.7%
16.5%
6.6%
12.7%
Low
125.6%
-11.3%
-2.3%
3.4%
9.4%
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.