Salesforce (CRM) Stock Forecast, Price Target & Predictions

OverviewRevenue Ownership Financials Chart Transcripts

CRM Stock Forecast

Salesforce stock forecast is as follows: an average price target of $275.26 (represents a -15.49% downside from CRM’s last price of $325.70) 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 $275.26 based on 1-year price targets from 39 Wall Street analysts in the past 3 months, with a price target range of $400.00 to $119.00. This represents a potential -15.49% downside from CRM's last price of $325.70.

CRM Analyst Ratings

Buy

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%), 25 'Buy' (64.10%), 11 'Hold' (28.21%), 1 'Sell' (2.56%), 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
Nov 15, 2024	Keith Bachman	BMO Capital	$385.00	$326.69	17.85%	18.21%
Oct 17, 2024	Aaron Siegel	CFRA	$343.00	$291.11	17.82%	5.31%
Oct 02, 2024	Nehal Chokshi	Northland Securities	$400.00	$280.06	42.83%	22.81%
Sep 24, 2024	Brent Bracelin	Piper Sandler	$325.00	$264.21	23.01%	-0.21%
Sep 20, 2024	Brad Sills	Bank of America Securities	$325.00	$261.95	24.07%	-0.21%
Sep 20, 2024	Rob Oliver	Robert W. Baird	$315.00	$265.99	18.43%	-3.29%
Sep 19, 2024	Raimo Lenschow	Barclays	$305.00	$252.43	20.83%	-6.36%
Sep 12, 2024	Kash Rangan	Goldman Sachs	$325.00	$253.37	28.27%	-0.21%
Sep 06, 2024	Brent Thill	Jefferies	$350.00	$242.66	44.23%	7.46%
Sep 06, 2024	Scott Berg	Needham	$345.00	$246.12	40.18%	5.93%

Row per page

Go to

The latest Salesforce stock forecast, released on Nov 15, 2024 by Keith Bachman from BMO Capital, set a price target of $385.00, which represents a 17.85% increase from the stock price at the time of the forecast ($326.69), and a 18.21% increase from CRM last price ($325.70).

Salesforce Price Target by Period

	1M	3M	12M
# Anlaysts	1	12	38
Avg Price Target	$385.00	$335.25	$322.58
Last Closing Price	$325.70	$325.70	$325.70
Upside/Downside	18.21%	2.93%	-0.96%

In the current month, the average price target of Salesforce stock is $385.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 18.21% increase as opposed to Salesforce's last price of $325.70. This month's average price target is up 14.84% compared to last quarter, and up 19.35% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 24, 2024	Wells Fargo	Accumulate	Accumulate	Hold
Oct 24, 2024	Oppenheimer	Outperform	Outperform	Hold
Oct 17, 2024	CFRA	Strong Buy	Strong Buy	Hold
Oct 17, 2024	Piper Sandler	Overweight	Reduce	Upgrade
Oct 11, 2024	Cowen & Co.	Hold	Hold	Hold
Sep 27, 2024	Wedbush	Outperform	Outperform	Hold
Sep 25, 2024	KeyBanc	Sector Weight	Sector Weight	Hold
Sep 24, 2024	Piper Sandler	Neutral	Overweight	Upgrade
Sep 20, 2024	Bank of America Securities	Buy	Buy	Hold
Sep 20, 2024	Cowen & Co.	Hold	Hold	Hold

Row per page

Go to

Salesforce's last stock rating was published by Wells Fargo on Oct 24, 2024. The company gave CRM a "Accumulate" 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	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20	Jul 20	May 20	Jan 20	Oct 19
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	$9.29B	$8.72B	$8.60B	-	$8.38B	$7.84B	$7.72B	-	$7.33B	$6.86B	$6.34B	-	$5.82B	$5.42B	$5.15B	-	$4.85B	$4.51B
Avg Forecast	$11.85B	$11.10B	$10.96B	$10.71B	$10.94B	$10.23B	$10.13B	$9.90B	$10.05B	$9.35B	$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	$11.99B	$11.23B	$11.09B	$10.84B	$11.07B	$10.35B	$10.25B	$10.02B	$10.17B	$9.37B	$9.22B	$9.15B	$9.22B	$8.72B	$8.63B	$8.28B	$8.09B	$7.89B	$7.78B	$7.46B	$7.32B	$6.87B	$6.31B	$5.95B	$5.74B	$5.30B	$4.95B	$4.90B	$4.81B	$4.49B
Low Forecast	$11.76B	$11.01B	$10.88B	$10.63B	$10.86B	$10.15B	$10.05B	$9.82B	$9.99B	$9.34B	$9.22B	$9.15B	$9.22B	$8.70B	$8.47B	$8.12B	$7.93B	$7.76B	$7.65B	$7.34B	$7.20B	$6.76B	$6.20B	$5.85B	$5.64B	$5.22B	$4.87B	$4.82B	$4.73B	$4.42B
# Analysts	13	13	22	13	20	19	12	17	26	26	16	13	12	25	12	12	12	11	11	11	11	12	12	12	12	10	7	12	7	6
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.01%	1.00%	1.01%	-	1.05%	1.00%	1.00%	-	1.01%	1.01%	1.02%	-	1.02%	1.03%	1.05%	-	1.02%	1.01%

Salesforce's average Quarter revenue forecast for May 24 based on 13 analysts is $9.15B, with a low forecast of $9.15B, and a high forecast of $9.15B. 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	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20	Jul 20	May 20	Jan 20	Oct 19
# Analysts	13	13	22	13	20	19	12	17	26	26	16	13	12	25	12	12	12	11	11	11	11	12	12	12	12	10	7	12	7	6
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	$1.62B	$1.50B	$1.48B	-	$3.36B	$1.38B	$1.05B	-	$734.00M	$1.26B	$1.54B	-	$1.29B	$1.92B	$1.49B	-	$629.00M	$672.00M
Avg Forecast	$2.13B	$1.99B	$1.97B	$1.92B	$1.96B	$1.84B	$1.82B	$1.78B	$1.80B	$1.68B	$1.65B	$768.12M	$1.65B	$1.56B	$1.53B	$698.29M	$860.08M	$1.44B	$1.30B	$634.81M	$1.22B	$1.15B	$1.05B	$793.65M	$958.96M	$886.15M	$827.71M	$516.68M	$803.03M	$750.86M
High Forecast	$2.15B	$2.01B	$1.99B	$1.94B	$1.99B	$1.86B	$1.84B	$1.80B	$1.82B	$1.68B	$1.65B	$921.75M	$1.65B	$1.57B	$1.55B	$837.95M	$1.03B	$1.45B	$1.31B	$761.77M	$1.24B	$1.16B	$1.07B	$952.38M	$969.26M	$895.68M	$836.60M	$620.01M	$811.66M	$758.93M
Low Forecast	$2.11B	$1.98B	$1.95B	$1.91B	$1.95B	$1.82B	$1.80B	$1.76B	$1.79B	$1.68B	$1.65B	$614.50M	$1.65B	$1.56B	$1.52B	$558.63M	$688.06M	$1.43B	$1.29B	$507.85M	$1.22B	$1.14B	$1.05B	$634.92M	$953.13M	$880.77M	$822.68M	$413.34M	$798.16M	$746.30M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.98%	0.96%	0.96%	-	3.91%	0.96%	0.81%	-	0.60%	1.10%	1.47%	-	1.35%	2.17%	1.80%	-	0.78%	0.89%

13 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	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20	Jul 20	May 20	Jan 20	Oct 19
# Analysts	13	13	22	13	20	19	12	17	26	26	16	13	12	25	12	12	12	11	11	11	11	12	12	12	12	10	7	12	7	6
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	$1.45B	$1.22B	$1.27B	-	$-98.00M	$210.00M	$68.00M	-	$-28.00M	$468.00M	$535.00M	-	$267.00M	$1.08B	$2.63B	-	$-248.00M	$-109.00M
Avg Forecast	$3.33B	$3.05B	$3.01B	$2.89B	$2.93B	$2.67B	$2.67B	$2.56B	$2.58B	$2.37B	$2.29B	$-29.30M	$2.21B	$2.00B	$1.85B	$-26.64M	$318.95M	$1.18B	$1.02B	$-24.22M	$730.80M	$897.50M	$899.67M	$163.76M	$732.88M	$728.59M	$649.32M	$-203.71M	$541.94M	$648.27M
High Forecast	$3.39B	$3.10B	$3.06B	$2.93B	$2.98B	$2.71B	$2.72B	$2.60B	$2.66B	$2.38B	$2.29B	$-23.44M	$2.30B	$2.06B	$1.87B	$-21.31M	$382.74M	$1.20B	$1.07B	$-19.37M	$741.01M	$910.04M	$941.80M	$196.51M	$743.12M	$738.77M	$658.39M	$-162.97M	$549.51M	$657.33M
Low Forecast	$3.30B	$3.02B	$2.99B	$2.86B	$2.90B	$2.64B	$2.65B	$2.53B	$2.54B	$2.33B	$2.29B	$-35.16M	$2.12B	$1.98B	$1.83B	$-31.97M	$255.16M	$1.17B	$965.88M	$-29.06M	$725.03M	$890.41M	$857.55M	$131.01M	$727.09M	$722.84M	$644.19M	$-244.46M	$537.66M	$643.15M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.65%	0.61%	0.69%	-	-0.31%	0.18%	0.07%	-	-0.04%	0.52%	0.59%	-	0.36%	1.48%	4.04%	-	-0.46%	-0.17%

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	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20	Jul 20	May 20	Jan 20	Oct 19
# Analysts	13	13	22	13	20	19	12	17	26	26	16	13	12	25	12	12	12	11	11	11	11	12	12	12	12	10	7	12	7	6
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	$4.07B	$3.81B	$3.75B	-	$3.97B	$4.01B	$4.07B	-	$4.20B	$3.78B	$3.38B	-	$3.21B	$2.90B	$2.76B	-	$2.84B	$2.54B
Avg Forecast	$6.20B	$5.81B	$5.74B	$5.61B	$5.73B	$5.35B	$5.30B	$5.18B	$5.26B	$4.89B	$4.83B	$4.39B	$4.83B	$4.56B	$4.46B	$3.99B	$2.57B	$4.10B	$3.90B	$3.63B	$3.68B	$3.45B	$3.17B	$1.97B	$2.88B	$2.66B	$2.49B	$2.33B	$2.41B	$2.26B
High Forecast	$6.28B	$5.88B	$5.81B	$5.67B	$5.80B	$5.42B	$5.36B	$5.24B	$5.33B	$4.91B	$4.83B	$5.27B	$4.83B	$4.57B	$4.52B	$4.79B	$3.09B	$4.13B	$3.95B	$4.36B	$3.71B	$3.49B	$3.20B	$2.36B	$2.91B	$2.69B	$2.51B	$2.80B	$2.44B	$2.28B
Low Forecast	$6.16B	$5.76B	$5.69B	$5.56B	$5.68B	$5.31B	$5.26B	$5.14B	$5.23B	$4.89B	$4.83B	$3.51B	$4.83B	$4.56B	$4.43B	$3.19B	$2.06B	$4.06B	$3.88B	$2.90B	$3.65B	$3.43B	$3.15B	$1.57B	$2.86B	$2.65B	$2.47B	$1.86B	$2.40B	$2.24B
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.84%	0.83%	0.84%	-	1.54%	0.98%	1.04%	-	1.14%	1.09%	1.07%	-	1.11%	1.09%	1.11%	-	1.18%	1.13%

Salesforce's average Quarter SG&A projection for May 24 is $4.39B, based on 13 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	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20	Jul 20	May 20	Jan 20	Oct 19
# Analysts	13	13	22	13	20	19	12	17	26	26	16	13	12	25	12	12	12	11	11	11	11	12	12	12	12	10	7	12	7	6
EPS	-	-	-	-	-	-	-	-	-	-	-	-	$1.47	$1.26	$1.30	-	$-0.10	$0.21	$0.07	-	$-0.03	$0.48	$0.57	-	$0.29	$1.19	$2.90	-	$-0.28	$-0.12
Avg Forecast	$3.43	$3.13	$3.10	$2.97	$3.01	$2.74	$2.75	$2.63	$2.66	$2.44	$2.35	$2.37	$2.27	$2.05	$1.90	$1.62	$1.36	$1.21	$1.05	$0.94	$0.75	$0.92	$0.92	$0.89	$0.75	$0.75	$0.67	$0.69	$0.56	$0.67
High Forecast	$3.48	$3.18	$3.15	$3.01	$3.06	$2.78	$2.79	$2.67	$2.74	$2.45	$2.36	$2.37	$2.36	$2.11	$1.93	$1.64	$1.38	$1.23	$1.10	$0.96	$0.76	$0.94	$0.97	$0.90	$0.76	$0.76	$0.68	$0.70	$0.56	$0.68
Low Forecast	$3.39	$3.10	$3.07	$2.94	$2.98	$2.71	$2.72	$2.60	$2.61	$2.39	$2.35	$2.37	$2.18	$2.03	$1.88	$1.60	$1.35	$1.20	$0.99	$0.94	$0.75	$0.92	$0.88	$0.89	$0.75	$0.74	$0.66	$0.69	$0.55	$0.66
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.65%	0.61%	0.69%	-	-0.07%	0.17%	0.07%	-	-0.04%	0.52%	0.62%	-	0.39%	1.59%	4.35%	-	-0.50%	-0.18%

According to 13 Wall Street analysts, Salesforce's projected average Quarter EPS for May 24 is $2.37, with a low estimate of $2.37 and a high estimate of $2.37. 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	$32.36	$70.50	117.86%	Buy
SNOW	Snowflake	$129.12	$204.88	58.67%	Buy
ZM	Zoom Video Communications	$78.86	$111.94	41.95%	Hold
INTU	Intuit	$650.60	$715.09	9.91%	Buy
WDAY	Workday	$259.44	$271.36	4.59%	Buy
TEAM	Atlassian	$245.45	$246.52	0.44%	Buy
ADSK	Autodesk	$307.84	$290.28	-5.70%	Buy
TTD	Trade Desk	$123.90	$113.04	-8.77%	Buy
SHOP	Shopify	$103.94	$91.91	-11.57%	Buy
CRM	Salesforce	$325.70	$275.26	-15.49%	Buy
NOW	ServiceNow	$1.02K	$831.13	-18.75%	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 25 'Buy' recommendations, accounting for 69.23% of CRM's total ratings.

What is CRM's price target?

Salesforce (CRM) average price target is $275.26 with a range of $119 to $400, implying a -15.49% from its last price of $325.7. 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 down by -15.49% (from the last price of $325.7 to the average price target of $275.26), up by 22.81% based on the highest stock price target, and down by -63.46% based on the lowest stock price target.

Can Salesforce stock reach $500?

CRM's average twelve months analyst stock price target of $275.26 does not support the claim that Salesforce can reach $500 in the near future.

What is Salesforce's current price target trend?

1 Wall Street analyst forecast a $385 price target for Salesforce (CRM) this month, up 18.21% from its last price of $325.7. Compared to the last 3 and 12 months, the average price target increased by 2.93% and decreased by -0.96%, 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 $41.19B (high $41.69B, low $40.88B), average EBITDA is $7.39B (high $7.48B, low $7.33B), average net income is $10.83B (high $11B, low $10.72B), average SG&A $21.56B (high $21.83B, low $21.4B), and average EPS is $11.13 (high $11.31, low $11.02). CRM's analysts financial forecasts for the fiscal year (Jan 2027) are as follows: average revenue is $44.61B (high $45.16B, low $44.28B), average EBITDA is $8B (high $8.1B, low $7.94B), average net income is $12.28B (high $12.48B, low $12.16B), average SG&A $23.35B (high $23.64B, low $23.18B), and average EPS is $12.63 (high $12.82, low $12.5).

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 $5.45B by -8.00%. 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 $17.85B by -13.65%. 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, missing the average prediction of $1.65B by -1.97%. 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 $4.83B by -15.72%. Lastly, the company's EPS was $1.47, missing the average prediction of $2.27 by -35.23%