Key Highlights:
- Salesforce is strengthening its AI capabilities with strategic acquisitions.
- Analysts predict a potential upside of nearly 49% for Salesforce shares.
- CRM is currently rated as "Outperform" by multiple brokerage firms.
Salesforce, Inc. (CRM, Financial) is making significant strides in enhancing its AI and data protection services through strategic initiatives, notably including the acquisition of Own Company in 2024. This move is aimed at bolstering its AI-driven customer support solutions. Analysts from firms like Truist Financial and Jefferies continue to have a favorable outlook on Salesforce, underscoring its robust market position.
Wall Street Analysts Forecast
According to forecasts by 48 analysts, Salesforce Inc (CRM, Financial) is anticipated to reach an average target price of $368.16 within a year, with estimates ranging from a high of $442.00 to a low of $243.00. This average price target suggests a substantial upside potential of 48.90% from its current trading price of $247.26. For in-depth details, visit the Salesforce Inc (CRM) Forecast page.
The collective judgment from 53 brokerage firms results in an average recommendation of 2.1 for Salesforce, categorizing it as "Outperform." This metric utilizes a scale where 1 denotes a Strong Buy and 5 indicates a Sell.
GuruFocus Valuation Insights
GuruFocus provides an estimated GF Value for Salesforce Inc (CRM, Financial) at $289.63 over the next year. This valuation suggests a potential increase of 17.14% from the current share price of $247.26. The GF Value reflects what the stock should be worth, derived from historical trading multiples, previous business growth, and future performance projections. More comprehensive data can be accessed on the Salesforce Inc (CRM) Summary page.
