Morgan Stanley has revised its price target for Salesforce (CRM, Financial), reducing it from $405 to $393 while maintaining an Overweight rating for the stock. The adjustment comes as the investment firm evaluates the risk and reward balance for numerous software companies, taking into account ongoing uncertainties around tariff impacts and their influence on share pricing.
This strategic recalibration reflects broader industry concerns, as Morgan Stanley reassesses the potential challenges and expected returns amid fluctuating economic conditions affecting the software sector.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 48 analysts, the average target price for Salesforce Inc (CRM, Financial) is $370.08 with a high estimate of $442.00 and a low estimate of $243.00. The average target implies an upside of 45.94% from the current price of $253.59. More detailed estimate data can be found on the Salesforce Inc (CRM) Forecast page.
Based on the consensus recommendation from 53 brokerage firms, Salesforce Inc's (CRM, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Salesforce Inc (CRM, Financial) in one year is $289.91, suggesting a upside of 14.32% from the current price of $253.59. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Salesforce Inc (CRM) Summary page.
