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

OverviewForecast
EarningsDividendOwnershipStatistics

Analyst price target for CRM

Based on 17 analysts offering 12 month price targets for Salesforcecom Inc.
Min Forecast
$220.00-10.66%
Avg Forecast
$272.06+10.48%
Max Forecast
$315.00+27.91%

Should I buy or sell CRM stock?

Strong Buy
Strong Buy
10 analysts 58.82%
Buy
3 analysts 17.65%
Hold
4 analysts 23.53%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

CRM stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Gregg Moskowitz
Mizuho
Strong BuyMaintains$290.00+17.76%2021-05-28
Raimo Lenschow
Barclays
Strong BuyMaintains$285.00+15.73%2021-05-28
Keith Weiss
Morgan Stanley
Strong BuyMaintains$285.00+15.73%2021-05-28
Brent Thill
Jefferies
Strong BuyMaintains$300.00+21.82%2021-05-18
Kash Rangan
Goldman Sachs
Strong BuyInitiates Coverage On$315.00+27.91%2021-01-22
Brad Sills
Bank of America
Strong BuyReinstates$275.00+11.67%2020-12-16
Tom Roderick
Stifel Nicolaus
Strong BuyMaintains$295.00+19.79%2020-08-26
David Hynes
Canaccord Genuity
Strong BuyMaintains$270.00+9.64%2020-08-26
Brian Peterson
Raymond James
Strong BuyMaintains$255.00+3.55%2020-08-26
Heather Bellini
Goldman Sachs
Strong BuyMaintains$220.00-10.66%2020-06-24

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Forecast return on equity

Is CRM forecast to generate an efficient return?
Company
3.05%
Industry
5.25%
Market
61.34%
CRM's Return on Equity is forecast to be low in 3 years (3.05%); 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%
Industry
4.42%
Market
18.93%
CRM is forecast to generate lower Return on Assets (2%) than the US Software - Application industry average (4.42%)
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
$1.60-67.21%
Avg 2 year Forecast
$1.65-66.27%
Avg 3 year Forecast
$1.40-71.31%
CRM's earnings are forecast to grow at a rate of -29.75% per year, which is not exceptional
Forecast

CRM revenue forecast

What is CRM's revenue in the next 3 years based on estimates from 14 analysts?
Avg 1 year Forecast
$25.9B+15.9%
Avg 2 year Forecast
$30.9B+38.04%
Avg 3 year Forecast
$37.8B+69.02%
CRM's revenue is forecast to grow at a rate of 17.59% 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
-29.75%
Industry
-1.52%
Market
19.57%
CRM's earnings are forecast to grow slower (-29.75% per year) than the US Software - Application industry average (-1.52%)
Forecast
CRM's earnings are forecast to grow slower (-29.75% per year) than the US market average (19.57%)
Forecast
CRM's earnings are forecast to grow slower (-29.75% per year) than the risk-free savings rate (1.5%)
Forecast

CRM revenue growth forecast

How is CRM forecast to perform vs Software - Application companies and vs the US market?
Company
17.59%
Industry
17.4%
Market
14.55%
CRM's revenues are forecast to grow faster (17.59% per year) than the US Software - Application industry average (17.4%)
Forecast
CRM's revenues are forecast to grow faster (17.59% per year) than the US market average (14.55%)
Forecast

Salesforce Stock Forecast FAQ

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

The consensus among 17 Wall Street analysts covering (NYSE: CRM) stock is to Strong Buy CRM stock.

Out of 17 analysts, 10 (58.82%) are recommending CRM as a Strong Buy, 3 (17.65%) are recommending CRM as a Buy, 4 (23.53%) 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 -29.75% is not forecast to beat the US Software - Application industry's average forecast earnings growth rate of -1.52%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 19.57%.

Salesforce's earnings in 2021 is $4,442,000,000.On average, 11 Wall Street analysts forecast CRM's earnings for 2022 to be $1,481,600,000, with the lowest CRM earnings forecast at $1,435,300,000, and the highest CRM earnings forecast at $1,537,160,000. On average, 10 Wall Street analysts forecast CRM's earnings for 2023 to be $1,524,196,000, with the lowest CRM earnings forecast at $1,185,280,000, and the highest CRM earnings forecast at $1,796,440,000.

In 2024, CRM is forecast to generate $1,296,400,000 in earnings, with the lowest earnings forecast at $1,296,400,000 and the highest earnings forecast at $1,296,400,000.

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

(NYSE: CRM) Salesforce's forecast annual revenue growth rate of 17.59% is forecast to beat the US Software - Application industry's average forecast revenue growth rate of 17.4%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 14.55%.

Salesforce's revenue in 2021 is $22,350,000,000.On average, 14 Wall Street analysts forecast CRM's revenue for 2022 to be $23,986,211,336,000, with the lowest CRM revenue forecast at $23,660,411,200,000, and the highest CRM revenue forecast at $24,079,046,540,000. On average, 13 Wall Street analysts forecast CRM's revenue for 2023 to be $28,568,920,516,000, with the lowest CRM revenue forecast at $27,736,505,780,000, and the highest CRM revenue forecast at $29,238,450,000,000.

In 2024, CRM is forecast to generate $34,980,576,000,000 in revenue, with the lowest revenue forecast at $34,980,576,000,000 and the highest revenue forecast at $34,980,576,000,000.

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

(NYSE: CRM) forecast ROA is 2%, which is lower than the forecast US Software - Application industry average of 4.42%.

What is CRM's Price Target?

According to 17 Wall Street analysts that have issued a 1 year CRM price target, the average CRM price target is $272.06, with the highest CRM stock price forecast at $315.00 and the lowest CRM stock price forecast at $220.00.

On average, Wall Street analysts predict that Salesforce's share price could stay at $272.06 by Jun 2, 2022. The average Salesforce stock price prediction forecasts a potential downside of N/A from the current CRM share price of $246.26.

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

(NYSE: CRM) Salesforce's current Earnings Per Share (EPS) is $4.88. On average, analysts forecast that CRM's EPS will be $1.60 for 2022, with the lowest EPS forecast at $1.55, and the highest EPS forecast at $1.66. On average, analysts forecast that CRM's EPS will be $1.65 for 2023, with the lowest EPS forecast at $1.28, and the highest EPS forecast at $1.94. In 2024, CRM's EPS is forecast to hit $1.40 (min: $1.40, max: $1.40).

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

(NYSE: CRM) forecast ROE is 3.05%, which is considered weak.
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