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NYSE: CRM
Salesforcecom Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnershipStatistics

Analyst price target for CRM

Based on 22 analysts offering 12 month price targets for Salesforcecom Inc.
Min Forecast
$242.00-6.62%
Avg Forecast
$294.86+13.77%
Max Forecast
$340.00+31.19%

Should I buy or sell CRM stock?

Based on 23 analysts offering ratings for Salesforcecom Inc.
Strong Buy
Strong Buy
11 analysts 47.83%
Buy
8 analysts 34.78%
Hold
4 analysts 17.39%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

CRM stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Wells Fargo
Top 10%
91
Strong BuyInitiates Coverage On$325.00+25.40%2021-09-20
Barclays
Top 1%
100
Strong BuyMaintains$330.00+27.33%2021-09-17
Loop Capital
Top 5%
96
HoldMaintains$265.00+2.25%2021-08-27
Wolfe Research
Top 1%
100
BuyMaintains$300.00+15.75%2021-08-26
Stifel Nicolaus
Top 35%
66
Strong BuyMaintains$315.00+21.54%2021-08-26
Cowen & Co.
Top 2%
99
BuyMaintains$300.00+15.75%2021-08-26
Raymond James
Top 6%
95
Strong BuyMaintains$340.00+31.19%2021-08-26
Anonymous
Morgan Stanley
Strong BuyMaintains$305.00+17.68%2021-08-26
BMO Capital
Top 4%
97
BuyMaintains$310.00+19.61%2021-08-26
Roth Capital
Top 32%
69
HoldMaintains$242.00-6.62%2021-08-26

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Forecast return on equity

Is CRM forecast to generate an efficient return?
Company
4.28%
Industry
13.06%
Market
2,556.64%
CRM's Return on Equity is forecast to be low in 3 years (4.28%); analysts are not confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is CRM forecast to generate an efficient return on assets?
Company
2.68%
Industry
4.9%
Market
1,250.14%
CRM is forecast to generate lower Return on Assets (2.68%) than the US Software - Application industry average (4.9%)
Forecast

CRM earnings per share forecast

What is CRM's earnings per share in the next 3 years based on estimates from 11 analysts?
Avg 1 year Forecast
$2.09-18.11%
Avg 2 year Forecast
$1.58-37.93%
Avg 3 year Forecast
$2.43-4.9%
CRM's earnings are forecast to grow at a rate of -12.32% per year, which is not exceptional
Forecast

CRM revenue forecast

What is CRM's revenue in the next 3 years based on estimates from 12 analysts?
Avg 1 year Forecast
$26.3B+11.57%
Avg 2 year Forecast
$31.3B+33.11%
Avg 3 year Forecast
$37.3B+58.34%
CRM's revenue is forecast to grow at a rate of 16.21% per year, which is not exceptional
Forecast

CRM earnings growth forecast

How is CRM forecast to perform vs Software - Application companies and vs the US market?
Company
-12.32%
Industry
2.88%
Market
18.71%
CRM's earnings are forecast to grow slower (-12.32% per year) than the US Software - Application industry average (2.88%)
Forecast
CRM's earnings are forecast to grow slower (-12.32% per year) than the US market average (18.71%)
Forecast
CRM's earnings are forecast to grow slower (-12.32% per year) than the risk-free savings rate (1.3%)
Forecast

CRM revenue growth forecast

How is CRM forecast to perform vs Software - Application companies and vs the US market?
Company
16.21%
Industry
18.25%
Market
12.32%
CRM's revenues are forecast to grow slower (16.21% per year) than the US Software - Application industry average (18.25%)
Forecast
CRM's revenues are forecast to grow faster (16.21% per year) than the US market average (12.32%)
Forecast

Salesforce Stock Forecast FAQ

Is Salesforce Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 23 Wall Street analysts covering (NYSE: CRM) stock is to Strong Buy CRM stock.

Out of 23 analysts, 11 (47.83%) are recommending CRM as a Strong Buy, 8 (34.78%) are recommending CRM as a Buy, 4 (17.39%) are recommending CRM as a Hold, 0 (0%) are recommending CRM as a Sell, and 0 (0%) are recommending CRM as a Strong Sell.

What is CRM's earnings growth forecast for 2022-2024?

(NYSE: CRM) Salesforce's forecast annual earnings growth rate of -12.32% is not forecast to beat the US Software - Application industry's average forecast earnings growth rate of 2.88%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.71%.

Salesforce's earnings in 2021 is $2,352,000,000.On average, 11 Wall Street analysts forecast CRM's earnings for 2022 to be $2,044,347,800, with the lowest CRM earnings forecast at $1,566,400,000, and the highest CRM earnings forecast at $2,173,380,000. On average, 11 Wall Street analysts forecast CRM's earnings for 2023 to be $1,549,463,300, with the lowest CRM earnings forecast at $1,116,060,000, and the highest CRM earnings forecast at $1,762,200,000.

In 2024, CRM is forecast to generate $2,374,075,000 in earnings, with the lowest earnings forecast at $2,163,590,000 and the highest earnings forecast at $2,584,560,000.

What is CRM's revenue growth forecast for 2022-2024?

(NYSE: CRM) Salesforce's forecast annual revenue growth rate of 16.21% is not forecast to beat the US Software - Application industry's average forecast revenue growth rate of 18.25%, and while it is forecast to beat the US market's average forecast revenue growth rate of 12.32%.

Salesforce's revenue in 2021 is $23,539,000,000.On average, 12 Wall Street analysts forecast CRM's revenue for 2022 to be $25,711,023,723,000, with the lowest CRM revenue forecast at $25,666,443,000,000, and the highest CRM revenue forecast at $25,748,277,610,000. On average, 12 Wall Street analysts forecast CRM's revenue for 2023 to be $30,674,796,515,000, with the lowest CRM revenue forecast at $30,206,066,000,000, and the highest CRM revenue forecast at $31,439,694,110,000.

In 2024, CRM is forecast to generate $36,489,562,120,000 in revenue, with the lowest revenue forecast at $35,546,050,870,000 and the highest revenue forecast at $37,571,660,610,000.

What is CRM's forecast return on assets (ROA) for 2022-2024?

(NYSE: CRM) forecast ROA is 2.68%, which is lower than the forecast US Software - Application industry average of 4.9%.

What is CRM's Price Target?

According to 22 Wall Street analysts that have issued a 1 year CRM price target, the average CRM price target is $294.86, with the highest CRM stock price forecast at $340.00 and the lowest CRM stock price forecast at $242.00.

On average, Wall Street analysts predict that Salesforce's share price could stay at $294.86 by Sep 20, 2022. The average Salesforce stock price prediction forecasts a potential downside of N/A from the current CRM share price of $259.17.

What is CRM's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: CRM) Salesforce's current Earnings Per Share (EPS) is $2.55. On average, analysts forecast that CRM's EPS will be $2.09 for 2022, with the lowest EPS forecast at $1.60, and the highest EPS forecast at $2.22. On average, analysts forecast that CRM's EPS will be $1.58 for 2023, with the lowest EPS forecast at $1.14, and the highest EPS forecast at $1.80. In 2024, CRM's EPS is forecast to hit $2.43 (min: $2.21, max: $2.64).

What is CRM's forecast return on equity (ROE) for 2022-2024?

(NYSE: CRM) forecast ROE is 4.28%, which is considered weak.
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