Key Takeaways:
- Salesforce's innovations, such as Agentforce and Data Cloud, drive optimism despite tech sector challenges.
- Analysts' average price target suggests a potential 45.54% upside for Salesforce (CRM, Financial).
- Consensus recommendation remains "Outperform," with growth projected for fiscal year 2026.
Salesforce Inc. (CRM) continues to showcase impressive growth, primarily driven by its cutting-edge platform that seamlessly integrates AI and data solutions. Even amidst a challenging period for the tech industry, Evercore ISI retains its Buy rating for Salesforce, underscoring confidence with a bold $420 target price. This reflects a strong belief in the company's innovative offerings like Agentforce and Data Cloud, positioning Salesforce to achieve a projected revenue growth of 7%-8% by fiscal year 2026.
Analysts' Price Target Insights
Analyzing the one-year price targets from 48 market analysts, Salesforce Inc. (CRM, Financial) has an average target price of $371.12. With predictions ranging from a high of $442.00 to a low of $243.00, the average target implies a significant upside of 45.54% from the current stock price of $255.00. For more detailed projections, visit the Salesforce Inc (CRM) Forecast page.
Investment Recommendation
Consensus among 53 brokerage firms places Salesforce Inc.'s (CRM, Financial) average recommendation at 2.1 on a scale where 1 represents a Strong Buy and 5 indicates a Sell. This positions the stock in the "Outperform" category, reflecting overall positive sentiment and expected market performance.
GF Value Estimation
GuruFocus estimates the GF Value for Salesforce Inc (CRM, Financial) to be $289.73 in one year, suggesting a potential upside of 13.62% from its current price of $255. This estimate considers historical trading multiples, past business growth, and future performance forecasts. Explore more detailed insights on the Salesforce Inc (CRM) Summary page.
