Salesforce (CRM) Stock Forecast, Price Target & Predictions
CRM Stock Forecast
Salesforce stock forecast is as follows: an average price target of $257.76 (represents a 1.25% upside from CRM’s last price of $254.57) and a rating consensus of 'Buy', based on 39 wall street analysts offering a 1-year stock forecast.
CRM Price Target
The average price target for Salesforce (CRM) is $257.76 based on 1-year price targets from 39 Wall Street analysts in the past 3 months, with a price target range of $350.00 to $119.00. This represents a potential 1.25% upside from CRM's last price of $254.57.
CRM Analyst Ratings
According to 39 Wall Street analysts, Salesforce's rating consensus is 'Buy'. The analyst rating breakdown for CRM stock is 2 'Strong Buy' (5.13%), 26 'Buy' (66.67%), 11 'Hold' (28.21%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Salesforce Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 12, 2024 | Kash Rangan | Goldman Sachs | $325.00 | $253.37 | 28.27% | 27.67% |
| Sep 06, 2024 | Brent Thill | Jefferies | $350.00 | $242.66 | 44.23% | 37.49% |
| Sep 06, 2024 | Scott Berg | Needham | $345.00 | $246.12 | 40.18% | 35.52% |
| Aug 29, 2024 | Rishi Jaluria | RBC Capital | $300.00 | $259.41 | 15.65% | 17.85% |
| Aug 29, 2024 | Keith Bachman | Loop Capital Markets | $305.00 | $259.41 | 17.57% | 19.81% |
| May 30, 2024 | Terry Tillman | Truist Financial | $300.00 | $218.01 | 37.61% | 17.85% |
| May 30, 2024 | Aaron Siegel | CFRA | $300.00 | $218.01 | 37.61% | 17.85% |
| May 30, 2024 | Keith Bachman | BMO Capital | $265.00 | $218.22 | 21.44% | 4.10% |
| May 30, 2024 | Richard Baldry | Roth Capital | $335.00 | $271.62 | 23.33% | 31.59% |
| May 30, 2024 | Brian Schwartz | Oppenheimer | $280.00 | $218.18 | 28.34% | 9.99% |
The latest Salesforce stock forecast, released on Sep 12, 2024 by Kash Rangan from Goldman Sachs, set a price target of $325.00, which represents a 28.27% increase from the stock price at the time of the forecast ($253.37), and a 27.67% increase from CRM last price ($254.57).
Salesforce Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 5 | 5 | 31 |
| Avg Price Target | $325.00 | $325.00 | $318.06 |
| Last Closing Price | $254.57 | $254.57 | $254.57 |
| Upside/Downside | 27.67% | 27.67% | 24.94% |
In the current month, the average price target of Salesforce stock is $325.00, according to 5 Wall Street analysts offering twelve months forecast. The average price target represents a 27.67% increase as opposed to Salesforce's last price of $254.57. This month's average price target is down 0.00% compared to last quarter, and up 2.18% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 06, 2024 | Jefferies | Buy | Buy | Hold |
| Sep 06, 2024 | Wells Fargo | Accumulate | Accumulate | Hold |
| Sep 06, 2024 | Needham | Buy | Buy | Hold |
| Aug 29, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Aug 29, 2024 | Roth Capital | Buy | Buy | Hold |
| Aug 29, 2024 | Goldman Sachs | Buy | Buy | Hold |
| Aug 29, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Aug 29, 2024 | Exane BNP Paribas | Outperform | Outperform | Hold |
| Aug 29, 2024 | Raymond James | Strong Buy | Strong Buy | Hold |
| Aug 29, 2024 | UBS | Neutral | Neutral | Hold |
Salesforce's last stock rating was published by Jefferies on Sep 06, 2024. The company gave CRM a "Buy" rating, the same as its previous rate.
Salesforce Financial Forecast
Salesforce Revenue Forecast
| Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $9.29B | $8.72B | $8.60B | - | $8.38B | $7.84B | $7.72B | $7.41B | $7.33B | $6.86B | $6.34B | $5.96B | $5.82B | $5.42B | $5.15B | $4.87B | $4.85B | $4.51B |
| Avg Forecast | $11.66B | $10.95B | $10.80B | $10.65B | $10.91B | $10.20B | $10.10B | $9.90B | $10.03B | $9.33B | $9.22B | $9.15B | $9.22B | $8.71B | $8.53B | $8.18B | $7.99B | $7.83B | $7.70B | $7.38B | $7.24B | $6.80B | $6.24B | $5.89B | $5.68B | $5.25B | $4.90B | $4.85B | $4.76B | $4.45B |
| High Forecast | $11.77B | $11.06B | $10.90B | $10.75B | $11.01B | $10.30B | $10.20B | $9.99B | $10.15B | $9.39B | $9.31B | $9.24B | $9.31B | $8.72B | $8.61B | $8.26B | $8.07B | $7.90B | $7.74B | $7.49B | $7.31B | $6.87B | $6.30B | $5.94B | $5.73B | $5.30B | $4.95B | $4.90B | $4.80B | $4.49B |
| Low Forecast | $11.58B | $10.88B | $10.73B | $10.58B | $10.84B | $10.14B | $10.03B | $9.83B | $9.97B | $9.31B | $9.16B | $9.09B | $9.16B | $8.70B | $8.48B | $8.13B | $7.94B | $7.78B | $7.67B | $7.30B | $7.19B | $6.75B | $6.19B | $5.84B | $5.63B | $5.21B | $4.86B | $4.81B | $4.72B | $4.41B |
| # Analysts | 18 | 14 | 12 | 14 | 12 | 21 | 11 | 21 | 24 | 25 | 12 | 12 | 12 | 25 | 12 | 12 | 12 | 11 | 11 | 11 | 11 | 12 | 12 | 12 | 6 | 5 | 5 | 8 | 5 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.00% | 1.01% | - | 1.05% | 1.00% | 1.00% | 1.00% | 1.01% | 1.01% | 1.02% | 1.01% | 1.02% | 1.03% | 1.05% | 1.00% | 1.02% | 1.01% |
Salesforce's average Quarter revenue forecast for May 24 based on 12 analysts is $9.15B, with a low forecast of $9.09B, and a high forecast of $9.24B. CRM's average Quarter revenue forecast represents a -1.47% decrease compared to the company's last Quarter revenue of $9.29B (Jan 24).
Salesforce EBITDA Forecast
| Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 18 | 14 | 12 | 14 | 12 | 21 | 11 | 21 | 24 | 25 | 12 | 12 | 12 | 25 | 12 | 12 | 12 | 11 | 11 | 11 | 11 | 12 | 12 | 12 | 6 | 5 | 5 | 8 | 5 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $1.62B | $1.50B | $1.48B | - | $3.36B | $1.38B | $1.05B | $919.00M | $734.00M | $1.26B | $1.54B | $1.29B | $1.29B | $1.92B | $1.49B | $705.00M | $629.00M | $672.00M |
| Avg Forecast | $1.97B | $1.85B | $1.82B | $1.80B | $1.84B | $1.72B | $1.70B | $1.67B | $1.69B | $1.58B | $1.56B | $768.12M | $1.56B | $1.47B | $1.44B | $698.29M | $1.35B | $1.63B | $1.30B | $1.25B | $781.89M | $1.29B | $825.54M | $793.65M | $1.42B | $1.19B | $694.78M | $516.68M | $580.36M | $429.23M |
| High Forecast | $1.99B | $1.87B | $1.84B | $1.82B | $1.86B | $1.74B | $1.72B | $1.69B | $1.71B | $1.59B | $1.57B | $921.75M | $1.57B | $1.47B | $1.45B | $837.95M | $1.36B | $1.95B | $1.31B | $1.27B | $938.27M | $1.54B | $990.65M | $952.38M | $1.70B | $1.42B | $833.74M | $620.01M | $696.44M | $515.08M |
| Low Forecast | $1.96B | $1.84B | $1.81B | $1.79B | $1.83B | $1.71B | $1.69B | $1.66B | $1.68B | $1.57B | $1.55B | $614.50M | $1.55B | $1.47B | $1.43B | $558.63M | $1.34B | $1.30B | $1.30B | $1.23B | $625.51M | $1.03B | $660.43M | $634.92M | $1.13B | $948.58M | $555.83M | $413.34M | $464.29M | $343.39M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 1.02% | 1.02% | - | 2.49% | 0.85% | 0.81% | 0.74% | 0.94% | 0.98% | 1.87% | 1.62% | 0.91% | 1.62% | 2.14% | 1.36% | 1.08% | 1.57% |
12 analysts predict CRM's average Quarter EBITDA for May 24 to be $768.12M, with a high of $921.75M and a low of $614.50M. This is -52.64% lower than Salesforce's previous annual EBITDA (Jan 24) of $1.62B.
Salesforce Net Income Forecast
| Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 18 | 14 | 12 | 14 | 12 | 21 | 11 | 21 | 24 | 25 | 12 | 12 | 12 | 25 | 12 | 12 | 12 | 11 | 11 | 11 | 11 | 12 | 12 | 12 | 6 | 5 | 5 | 8 | 5 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $1.45B | $1.22B | $1.27B | - | $-98.00M | $210.00M | $68.00M | $28.00M | $-28.00M | $468.00M | $535.00M | $469.00M | $267.00M | $1.08B | $2.63B | $99.00M | $-248.00M | $-109.00M |
| Avg Forecast | $3.25B | $2.98B | $2.94B | $2.83B | $2.92B | $2.66B | $2.66B | $2.55B | $2.58B | $2.37B | $2.29B | $-29.30M | $2.21B | $2.00B | $1.85B | $-26.64M | $1.33B | $563.60M | $930.73M | $928.84M | $289.96M | $445.53M | $300.37M | $163.76M | $797.10M | $2.09B | $97.57M | $-203.71M | $-94.14M | $59.63M |
| High Forecast | $3.30B | $3.02B | $2.98B | $2.87B | $2.96B | $2.69B | $2.70B | $2.58B | $2.65B | $2.41B | $2.32B | $-23.44M | $2.24B | $2.06B | $1.87B | $-21.31M | $1.34B | $676.32M | $936.71M | $946.76M | $347.95M | $534.64M | $360.44M | $196.51M | $956.52M | $2.51B | $117.08M | $-162.97M | $-75.31M | $71.56M |
| Low Forecast | $3.23B | $2.96B | $2.92B | $2.81B | $2.90B | $2.64B | $2.64B | $2.53B | $2.52B | $2.32B | $2.27B | $-35.16M | $2.19B | $1.98B | $1.83B | $-31.97M | $1.31B | $450.88M | $926.91M | $915.87M | $231.97M | $356.43M | $240.30M | $131.01M | $637.68M | $1.67B | $78.05M | $-244.46M | $-112.96M | $47.71M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.65% | 0.61% | 0.69% | - | -0.07% | 0.37% | 0.07% | 0.03% | -0.10% | 1.05% | 1.78% | 2.86% | 0.33% | 0.52% | 26.91% | -0.49% | 2.63% | -1.83% |
Salesforce's average Quarter net income forecast for May 24 is $-29.30M, with a range of $-35.16M to $-23.44M. CRM's average Quarter net income forecast represents a -102.03% decrease compared to the company's last Quarter net income of $1.45B (Jan 24).
Salesforce SG&A Forecast
| Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 18 | 14 | 12 | 14 | 12 | 21 | 11 | 21 | 24 | 25 | 12 | 12 | 12 | 25 | 12 | 12 | 12 | 11 | 11 | 11 | 11 | 12 | 12 | 12 | 6 | 5 | 5 | 8 | 5 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $4.07B | $3.81B | $3.75B | - | $3.97B | $4.01B | $4.07B | $4.03B | $4.20B | $3.78B | $3.38B | $3.10B | $3.21B | $2.90B | $2.76B | $2.89B | $2.84B | $2.54B |
| Avg Forecast | $5.91B | $5.55B | $5.48B | $5.40B | $5.53B | $5.17B | $5.12B | $5.02B | $5.09B | $4.74B | $4.68B | $4.39B | $4.68B | $4.42B | $4.33B | $3.99B | $4.05B | $3.56B | $3.90B | $3.75B | $2.34B | $2.81B | $1.99B | $1.97B | $2.14B | $2.20B | $2.85B | $2.33B | $2.19B | $1.44B |
| High Forecast | $5.97B | $5.61B | $5.53B | $5.46B | $5.59B | $5.23B | $5.17B | $5.07B | $5.15B | $4.77B | $4.72B | $5.27B | $4.72B | $4.43B | $4.37B | $4.79B | $4.09B | $4.27B | $3.92B | $3.80B | $2.81B | $3.37B | $2.38B | $2.36B | $2.57B | $2.64B | $3.42B | $2.80B | $2.63B | $1.73B |
| Low Forecast | $5.88B | $5.52B | $5.44B | $5.37B | $5.50B | $5.14B | $5.09B | $4.99B | $5.06B | $4.72B | $4.65B | $3.51B | $4.65B | $4.42B | $4.30B | $3.19B | $4.03B | $2.84B | $3.89B | $3.71B | $1.87B | $2.25B | $1.59B | $1.57B | $1.71B | $1.76B | $2.28B | $1.86B | $1.75B | $1.15B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.87% | 0.86% | 0.87% | - | 0.98% | 1.13% | 1.04% | 1.08% | 1.79% | 1.34% | 1.70% | 1.58% | 1.50% | 1.32% | 0.97% | 1.24% | 1.29% | 1.76% |
Salesforce's average Quarter SG&A projection for May 24 is $4.39B, based on 12 Wall Street analysts, with a range of $3.51B to $5.27B. The forecast indicates a 7.94% rise compared to CRM last annual SG&A of $4.07B (Jan 24).
Salesforce EPS Forecast
| Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 18 | 14 | 12 | 14 | 12 | 21 | 11 | 21 | 24 | 25 | 12 | 12 | 12 | 25 | 12 | 12 | 12 | 11 | 11 | 11 | 11 | 12 | 12 | 12 | 6 | 5 | 5 | 8 | 5 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $1.47 | $1.26 | $1.30 | - | $-0.10 | $0.21 | $0.07 | $0.03 | $-0.03 | $0.48 | $0.57 | $0.51 | $0.29 | $1.19 | $2.90 | $0.11 | $-0.28 | $-0.12 |
| Avg Forecast | $3.34 | $3.06 | $3.02 | $2.91 | $3.00 | $2.73 | $2.74 | $2.62 | $2.65 | $2.43 | $2.35 | $2.37 | $2.27 | $2.05 | $1.90 | $1.62 | $1.36 | $1.21 | $0.94 | $0.94 | $0.75 | $0.92 | $0.92 | $0.89 | $0.75 | $0.75 | $0.67 | $0.69 | $0.56 | $0.67 |
| High Forecast | $3.39 | $3.10 | $3.06 | $2.95 | $3.04 | $2.77 | $2.77 | $2.65 | $2.72 | $2.47 | $2.38 | $2.40 | $2.30 | $2.11 | $1.92 | $1.64 | $1.38 | $1.23 | $0.95 | $0.96 | $0.76 | $0.93 | $0.94 | $0.90 | $0.76 | $0.76 | $0.68 | $0.70 | $0.56 | $0.67 |
| Low Forecast | $3.32 | $3.04 | $3.00 | $2.89 | $2.98 | $2.71 | $2.71 | $2.60 | $2.59 | $2.38 | $2.34 | $2.35 | $2.25 | $2.03 | $1.88 | $1.61 | $1.35 | $1.20 | $0.94 | $0.93 | $0.74 | $0.91 | $0.92 | $0.88 | $0.75 | $0.74 | $0.66 | $0.68 | $0.55 | $0.66 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.65% | 0.61% | 0.69% | - | -0.07% | 0.17% | 0.07% | 0.03% | -0.04% | 0.52% | 0.62% | 0.57% | 0.39% | 1.59% | 4.35% | 0.16% | -0.50% | -0.18% |
According to 12 Wall Street analysts, Salesforce's projected average Quarter EPS for May 24 is $2.37, with a low estimate of $2.35 and a high estimate of $2.40. This represents a 61.52% increase compared to CRM previous annual EPS of $1.47 (Jan 24).
Salesforce Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| AI | C3.ai | $23.00 | $70.50 | 206.52% | Buy |
| SNOW | Snowflake | $113.67 | $206.83 | 81.96% | Buy |
| ZM | Zoom Video Communications | $67.59 | $111.77 | 65.36% | Hold |
| TEAM | Atlassian | $163.74 | $237.67 | 45.15% | Buy |
| SHOP | Shopify | $72.45 | $86.12 | 18.87% | Buy |
| ADSK | Autodesk | $263.96 | $283.41 | 7.37% | Buy |
| WDAY | Workday | $250.05 | $264.91 | 5.94% | Buy |
| INTU | Intuit | $655.31 | $689.00 | 5.14% | Buy |
| TTD | Trade Desk | $106.06 | $107.41 | 1.27% | Buy |
| CRM | Salesforce | $254.57 | $257.76 | 1.25% | Buy |
| NOW | ServiceNow | $878.95 | $728.75 | -17.09% | Buy |
CRM Forecast FAQ
Is Salesforce a good buy?
Yes, according to 39 Wall Street analysts, Salesforce (CRM) is considered a 'Buy'. The rating consensus is based on 2 'Strong Buy' and 26 'Buy' recommendations, accounting for 71.79% of CRM's total ratings.
What is CRM's price target?
Salesforce (CRM) average price target is $257.76 with a range of $119 to $350, implying a 1.25% from its last price of $254.57. The data is based on 39 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Salesforce stock go up soon?
According to Wall Street analysts' prediction for CRM stock, the company can go up by 1.25% (from the last price of $254.57 to the average price target of $257.76), up by 37.49% based on the highest stock price target, and down by -53.25% based on the lowest stock price target.
Can Salesforce stock reach $400?
CRM's average twelve months analyst stock price target of $257.76 does not support the claim that Salesforce can reach $400 in the near future.
What is Salesforce's current price target trend?
5 Wall Street analysts forecast a $325 price target for Salesforce (CRM) this month, up 27.67% from its last price of $254.57. Compared to the last 3 and 12 months, the average price target increased by 27.67% and increased by 24.94%, respectively.
What are Salesforce's analysts' financial forecasts?
Salesforce's analysts financial forecasts for the fiscal year (Jan 2026) are as follows: average revenue is $41.1B (high $41.5B, low $40.84B), average EBITDA is $6.94B (high $7.01B, low $6.9B), average net income is $10.79B (high $10.93B, low $10.7B), average SG&A $20.85B (high $21.05B, low $20.72B), and average EPS is $11.09 (high $11.23, low $11). CRM's analysts financial forecasts for the fiscal year (Jan 2027) are as follows: average revenue is $44.05B (high $44.49B, low $43.77B), average EBITDA is $7.44B (high $7.51B, low $7.39B), average net income is $12.01B (high $12.16B, low $11.91B), average SG&A $22.35B (high $22.57B, low $22.21B), and average EPS is $12.34 (high $12.5, low $12.24).
Did the CRM's actual financial results beat the analysts' financial forecasts?
Based on Salesforce's last annual report (Jan 2024), the company's revenue was $34.86B, beating the average analysts forecast of $34.65B by 0.60%. Apple's EBITDA was $5.01B, missing the average prediction of $5.17B by -3.03%. The company's net income was $4.14B, missing the average estimation of $6.03B by -31.37%. Apple's SG&A was $15.41B, missing the average forecast of $17.42B by -11.53%. Lastly, the company's EPS was $4.2, missing the average prediction of $7.84 by -46.42%. In terms of the last quarterly report (Jan 2024), Salesforce's revenue was $9.29B, beating the average analysts' forecast of $9.22B by 0.70%. The company's EBITDA was $1.62B, beating the average prediction of $1.56B by 4.15%. Salesforce's net income was $1.45B, missing the average estimation of $2.21B by -34.52%. The company's SG&A was $4.07B, missing the average forecast of $4.68B by -13.04%. Lastly, the company's EPS was $1.47, missing the average prediction of $2.27 by -35.23%