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Salesforce (CRM) Stock Forecast & Price Target

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$317.83 -9.07 (-2.77%)
As of 01/10/2025 03:58 PM Eastern

Salesforce - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
1
Hold
7
Buy
33

Based on 41 Wall Street analysts who have issued ratings for Salesforce in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 41 analysts, 1 has given a sell rating, 7 have given a hold rating, 29 have given a buy rating, and 4 have given a strong buy rating for CRM.

Consensus Price Target

$376.05
18.32% Upside
According to the 41 analysts' twelve-month price targets for Salesforce, the average price target is $376.05. The highest price target for CRM is $450.00, while the lowest price target for CRM is $236.00. The average price target represents a forecasted upside of 18.32% from the current price of $317.83.
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CRM Analyst Ratings Over Time

TypeCurrent Forecast
1/12/24 to 1/11/25
1 Month Ago
12/13/23 to 12/12/24
3 Months Ago
10/14/23 to 10/13/24
1 Year Ago
1/12/23 to 1/12/24
Strong Buy
4 Strong Buy rating(s)
4 Strong Buy rating(s)
4 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
29 Buy rating(s)
28 Buy rating(s)
25 Buy rating(s)
27 Buy rating(s)
Hold
7 Hold rating(s)
9 Hold rating(s)
9 Hold rating(s)
11 Hold rating(s)
Sell
1 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$376.05$375.50$310.74$262.36
Forecasted Upside18.32% Upside4.83% Upside7.86% Upside-3.52% Downside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

CRM Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CRM Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Salesforce Stock vs. The Competition

TypeSalesforceComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.88
2.68
2.52
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside18.32% Upside264.44% Upside16.68% Upside
News Sentiment Rating
Positive News

See Recent CRM News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
1/8/2025Needham & Company LLC
2 of 5 stars
 Boost TargetBuy ➝ Buy$375.00 ➝ $400.00+23.14%
1/6/2025Guggenheim
2 of 5 stars
J. Difucci
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DowngradeNeutral ➝ Sell$247.00 ➝ $247.00-25.80%
12/18/2024Macquarie
1 of 5 stars
C. Beynon
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Reiterated RatingNeutral ➝ Neutral$370.00 ➝ $370.00+5.50%
12/18/2024JMP Securities
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 Reiterated RatingMarket Outperform ➝ Market Outperform$450.00 ➝ $450.00+27.15%
12/18/2024Wedbush
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 Reiterated RatingOutperform ➝ Outperform$425.00 ➝ $425.00+21.08%
12/18/2024Piper Sandler
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B. Bracelin
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Reiterated RatingOverweight ➝ Overweight$405.00 ➝ $405.00+15.38%
12/13/2024KeyCorp
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J. Ader
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UpgradeSector Weight ➝ Overweight$440.00+22.84%
12/4/2024Loop Capital
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 Boost TargetHold ➝ Hold$340.00 ➝ $360.00-2.16%
12/4/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$340.00 ➝ $380.00+3.28%
12/4/2024Jefferies Financial Group
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 Boost TargetBuy ➝ Buy$400.00 ➝ $425.00+15.51%
12/4/2024Royal Bank of Canada
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 Boost TargetOutperform ➝ Outperform$300.00 ➝ $420.00+16.53%
12/4/2024Citigroup
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 Boost TargetNeutral ➝ Neutral$368.00 ➝ $390.00+7.93%
12/4/2024Scotiabank
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A. Verkhovski
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Boost TargetSector Outperform ➝ Sector Outperform$425.00 ➝ $440.00+22.47%
12/4/2024Canaccord Genuity Group
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 Boost TargetBuy ➝ Buy$315.00 ➝ $415.00+14.17%
12/4/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$360.00 ➝ $400.00+8.54%
12/4/2024Oppenheimer
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 Reiterated RatingOutperform ➝ Outperform$385.00 ➝ $415.00+25.09%
12/4/2024BMO Capital Markets
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 Boost TargetOutperform ➝ Outperform$385.00 ➝ $425.00+28.10%
12/4/2024Truist Financial
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 Reiterated RatingBuy ➝ Buy$380.00 ➝ $400.00+20.57%
12/4/2024Stifel Nicolaus
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 Boost TargetBuy ➝ Buy$390.00 ➝ $425.00+28.10%
12/4/2024Barclays
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 Boost TargetOverweight ➝ Overweight$415.00 ➝ $425.00+28.10%
12/4/2024Robert W. Baird
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 Boost TargetOutperform ➝ Outperform$340.00 ➝ $430.00+29.61%
12/4/2024Northland Securities
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 Reiterated RatingOutperform ➝ Outperform$400.00 ➝ $440.00+32.62%
12/4/2024Bank of America
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 Boost TargetBuy ➝ Buy$390.00 ➝ $440.00+32.62%
12/4/2024Morgan Stanley
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 Boost TargetOverweight ➝ Overweight$330.00 ➝ $405.00+22.07%
12/3/2024DA Davidson
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 Boost TargetNeutral ➝ Neutral$250.00 ➝ $300.00-9.32%
11/22/2024UBS Group
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 Boost TargetNeutral ➝ Neutral$275.00 ➝ $360.00+5.26%
11/21/2024TD Cowen
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 Boost TargetHold ➝ Hold$290.00 ➝ $340.00+0.01%
11/19/2024Erste Group Bank
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 UpgradeHold ➝ Buy
11/12/2024Wells Fargo & Company
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 Boost TargetEqual Weight ➝ Equal Weight$275.00 ➝ $330.00-4.35%
10/17/2024Cfra
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Aaron Siegel
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Set Target$343.00+16.88%
10/2/2024Northland Capmk
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N. Chokshi
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UpgradeHold ➝ Strong-Buy
8/30/2024Phillip Securities
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 Reiterated RatingBuy ➝ Accumulate$305.00+20.72%
8/29/2024FBN Securities
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S. Seyrafi
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UpgradeStrong-Buy
8/29/2024BNP Paribas
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S. Slowinski
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UpgradeStrong-Buy
8/29/2024Sanford C. Bernstein
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 Boost TargetOutperform ➝ Outperform$234.00 ➝ $236.00-8.87%
8/29/2024Roth Mkm
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 Reiterated RatingBuy ➝ Buy$335.00 ➝ $335.00+28.58%
8/29/2024Raymond James
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 Boost TargetStrong-Buy ➝ Strong-Buy$325.00 ➝ $350.00+35.19%
8/26/2024Evercore ISI
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 Reiterated RatingOutperform ➝ Outperform$300.00 ➝ $300.00+13.39%
5/30/2024Deutsche Bank Aktiengesellschaft
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 Lower TargetBuy ➝ Buy$350.00 ➝ $300.00+39.82%
5/30/2024Mizuho
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 Lower TargetBuy ➝ Buy$345.00 ➝ $300.00+10.25%
4/16/2024Wolfe Research
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 Reiterated RatingOutperform ➝ Outperform$365.00+33.82%
3/6/2024Argus
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 Boost TargetBuy ➝ Buy$290.00 ➝ $354.00+16.46%
9/15/2023HSBC
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 Initiated CoverageBuy$267.00+22.04%
6/1/2023Roth Capital
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R. Baldry
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Reiterated RatingBuy
6/1/2023Societe Generale
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 DowngradeBuy ➝ Hold
3/2/2023Atlantic Securities
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 Boost Target$140.00 ➝ $200.00+19.51%
2/21/2023Cowen
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 Boost TargetOutperform$160.00 ➝ $170.00+2.92%
1/20/2023Cowen
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 DowngradeOutperform ➝ Market Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 02:04 AM ET.


Should I Buy Salesforce Stock? CRM Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, December 26, 2024. Please send any questions or comments about these Salesforce pros and cons to contact@marketbeat.com.

Salesforce
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Salesforce, Inc.:

  • Salesforce, Inc. has recently seen a significant increase in stock price, currently trading at $342.90, reflecting strong market interest and investor confidence.
  • The company has received multiple upgrades from analysts, with a consensus rating of "Moderate Buy" and a price target of $378.86, indicating potential for further price appreciation.
  • Institutional investors are actively increasing their stakes in Salesforce, Inc., with 80.43% of the stock owned by hedge funds and other institutional investors, suggesting strong institutional confidence in the company's future performance.
  • Salesforce, Inc. has demonstrated robust growth, with recent reports indicating a 2.2% increase in stock value, showcasing its resilience in the market.
  • The company maintains a healthy financial position, with a low debt-to-equity ratio of 0.14, indicating that it is not overly reliant on debt to finance its operations, which can be a positive sign for investors.

Salesforce
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Salesforce, Inc. for these reasons:

  • Despite recent stock price increases, the company has a high price-to-earnings (P/E) ratio of 56.40, which may indicate that the stock is overvalued compared to its earnings, potentially leading to a price correction.
  • Insider selling activity has been noted, with key insider Parker Harris selling shares recently, which could signal a lack of confidence in the stock's short-term performance.
  • The stock has experienced volatility, with a 12-month high of $369.00 and a low of $212.00, indicating that it may be subject to significant price fluctuations, which can be risky for investors.
  • Analysts have mixed opinions, with eight rating the stock as a hold, suggesting that there may be uncertainty about its future performance.
  • The company's current ratio of 1.11, while acceptable, indicates that it has just enough current assets to cover its current liabilities, which may raise concerns about liquidity in times of financial stress.

CRM Forecast - Frequently Asked Questions

According to the research reports of 41 Wall Street equities research analysts, the average twelve-month stock price forecast for Salesforce is $376.05, with a high forecast of $450.00 and a low forecast of $236.00.

41 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Salesforce in the last twelve months. There is currently 1 sell rating, 7 hold ratings, 29 buy ratings and 4 strong buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CRM shares.

According to analysts, Salesforce's stock has a predicted upside of 18.32% based on their 12-month stock forecasts.

Over the previous 90 days, Salesforce's stock had 2 upgrades and 1 downgrade by analysts.

Analysts like Salesforce more than other "computer and technology" companies. The consensus rating score for Salesforce is 2.88 while the average consensus rating score for "computer and technology" companies is 2.68. Learn more on how CRM compares to other companies.


This page (NYSE:CRM) was last updated on 1/11/2025 by MarketBeat.com Staff
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