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Salesforce (CRM) Stock Forecast & Price Target

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$355.85 +1.00 (+0.28%)
(As of 09:34 AM ET)

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
0
Hold
9
Buy
32

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, 9 have given a hold rating, 28 have given a buy rating, and 4 have given a strong buy rating for CRM.

Consensus Price Target

$375.50
5.52% Upside
According to the 41 analysts' twelve-month price targets for Salesforce, the average price target is $375.50. 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 5.52% from the current price of $355.85.
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CRM Analyst Ratings Over Time

TypeCurrent Forecast
12/13/23 to 12/12/24
1 Month Ago
11/13/23 to 11/12/24
3 Months Ago
9/14/23 to 9/13/24
1 Year Ago
12/13/22 to 12/13/23
Strong Buy
4 Strong Buy rating(s)
4 Strong Buy rating(s)
3 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
28 Buy rating(s)
25 Buy rating(s)
26 Buy rating(s)
25 Buy rating(s)
Hold
9 Hold rating(s)
9 Hold rating(s)
9 Hold rating(s)
12 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$375.50$316.37$304.41$256.31
Forecasted Upside5.52% Upside-7.28% Downside19.58% Upside-0.41% 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
2.90
2.68
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside5.08% Upside74.19% Upside9.52% Upside
News Sentiment Rating
Positive News

See Recent CRM News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/12/2024Macquarie
1 of 5 stars
 Initiated CoverageNeutral$370.00+4.27%
12/4/2024Loop Capital
2 of 5 stars
 Boost TargetHold ➝ Hold$340.00 ➝ $360.00-2.16%
12/4/2024JPMorgan Chase & Co.
3 of 5 stars
 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%
12/4/2024Guggenheim
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 Reiterated RatingNeutral ➝ Neutral
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%
12/4/2024Needham & Company LLC
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 Boost TargetBuy ➝ Buy$345.00 ➝ $375.00+13.03%
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%
12/3/2024JMP Securities
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 Reiterated RatingMarket Outperform ➝ Market Outperform$450.00 ➝ $450.00+36.03%
12/2/2024Piper Sandler
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B. Bracelin
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Boost TargetOverweight ➝ Overweight$325.00 ➝ $395.00+19.70%
11/25/2024Wedbush
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 Boost TargetOutperform ➝ Outperform$325.00 ➝ $375.00+9.64%
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%
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3/21/2024KeyCorp
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 Initiated CoverageSector Weight
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 Thursday at 09:51 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 5, 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 a strong average price target of $343.89, indicating potential for growth from the current stock price of $330.82.
  • The company has received a consensus rating of "Moderate Buy" from analysts, with a significant number of buy ratings suggesting positive market sentiment.
  • Salesforce, Inc. recently announced a quarterly dividend of $0.40 per share, which translates to an annualized dividend yield of 0.48%, providing income to shareholders.
  • Insider transactions indicate confidence in the company, with recent sales totaling 144,510 shares, suggesting that insiders are managing their holdings while still retaining a significant ownership stake of 3.20%.
  • The stock has shown resilience with a 52-week high of $348.86, reflecting strong performance and investor interest in the company's growth prospects.

Salesforce
Bear Case

red Wall Street bear icon

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

  • The company's price-to-earnings (P/E) ratio stands at 57.53, which is relatively high, indicating that the stock may be overvalued compared to its earnings.
  • Salesforce, Inc. has a PEG ratio of 2.99, suggesting that the stock's price is high relative to its expected earnings growth, which could deter value-focused investors.
  • Recent insider sales, while not necessarily negative, could signal a lack of confidence in the stock's short-term performance, as insiders sold shares valued at over $42 million in the last three months.
  • The company's debt-to-equity ratio of 0.15 indicates low leverage, but it also suggests limited financial flexibility in times of economic downturns.
  • With a current ratio of 1.04 and a quick ratio of 1.04, the company is just above the threshold for short-term liquidity, which may raise concerns about its ability to cover short-term obligations.

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 $375.50, with a high forecast of $450.00 and a low forecast of $236.00.

41 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Salesforce in the last year. There are currently 9 hold ratings, 28 buy ratings and 4 strong buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CRM shares.

According to analysts, Salesforce's stock has a predicted upside of 5.52% based on their 12-month stock forecasts.

Over the previous 90 days, Salesforce's stock had 4 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 12/12/2024 by MarketBeat.com Staff
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