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

Analyst price target for CRM

Based on 26 analysts offering 12 month price targets for Salesforcecom Inc.
Min Forecast
$120.00-53.12%
Avg Forecast
$261.00+1.97%
Max Forecast
$325.00+26.97%

Should I buy or sell CRM stock?

Strong Buy
Strong Buy
22 analysts 84.62%
Buy
1 analysts 3.85%
Hold
2 analysts 7.69%
Sell
0 analysts 0.00%
Strong Sell
1 analysts 3.85%

Forecast return on equity

Is CRM forecast to generate an efficient return?
Company
N/A
Industry
74.38%
Market
-1.56%

Forecast return on assets

Is CRM forecast to generate an efficient return on assets?
Company
N/A
Industry
2.97%
Market
11.47%

CRM earnings per share forecast

What is CRM's earnings per share in the next 2 years based on estimates from 12 analysts?
Avg 1 year Forecast
$1.91-26.10%
Avg 2 year Forecast
$1.64-36.56%
CRM's earnings are forecast to grow at a rate of -19.09% 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
$20.8B+7.18%
Avg 2 year Forecast
$24.4B+25.84%
Avg 3 year Forecast
$28.6B+47.55%
CRM's revenue is forecast to grow at a rate of 13.49% 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
-19.09%
Industry
2.90%
Market
14.71%
CRM's earnings are forecast to grow slower (-19.09% per year) than the US Software - Application industry average (2.90%)
Forecast
CRM's earnings are forecast to grow slower (-19.09% per year) than the US market average (14.71%)
Forecast

CRM revenue growth forecast

How is CRM forecast to perform vs Software - Application companies and vs the US market?
Company
13.49%
Industry
14.35%
Market
5.62%
CRM's revenues are forecast to grow slower (13.49% per year) than the US Software - Application industry average (14.35%)
Forecast
CRM's revenues are forecast to grow faster (13.49% per year) than the US market average (5.62%)
Forecast

Salesforce Stock Forecast FAQ

The consensus among 26 Wall Street analysts covering (NYSE: CRM) stock is to Strong Buy CRM stock.

Out of 26 analysts, 22 (84.62%) are recommending CRM as a Strong Buy, 1 (3.85%) are recommending CRM as a Buy, 2 (7.69%) are recommending CRM as a Hold, 0 (0.00%) are recommending CRM as a Sell, and 1 (3.85%) are recommending CRM as a Strong Sell.
According to 26 Wall Street analysts that have issued a 1 year CRM price target, the average CRM price target is $261.00, with the highest CRM stock price forecast at $325.00 and the lowest CRM stock price forecast at $120.00.

On average, Wall Street analysts predict that Salesforce's share price could reach $261.00 by Oct 15, 2021. The average Salesforce stock price prediction forecasts a potential upside of 1.97% from the current CRM share price of $255.97.
(NYSE: CRM) Salesforce's forecast annual earnings growth rate of -19.09% is not forecast to beat the US Software - Application industry's average forecast earnings growth rate of 2.90%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 14.71%.

Salesforce's earnings in 2020 is $2,367,000,000.On average, 12 Wall Street analysts forecast CRM's earnings for 2021 to be $1,717,936,700, with the lowest CRM earnings forecast at $1,684,870,000, and the highest CRM earnings forecast at $1,829,030,000.

In 2022, CRM is forecast to generate $1,474,666,700 in earnings, with the lowest earnings forecast at $1,234,370,000 and the highest earnings forecast at $1,820,020,000.
(NYSE: CRM) Salesforce's forecast annual revenue growth rate of 13.49% is not forecast to beat the US Software - Application industry's average forecast revenue growth rate of 14.35%, and while it is forecast to beat the US market's average forecast revenue growth rate of 5.62%.

Salesforce's revenue in 2020 is $19,380,000,000.On average, 12 Wall Street analysts forecast CRM's revenue for 2021 to be $18,714,853,002,000, with the lowest CRM revenue forecast at $18,680,523,100,000, and the highest CRM revenue forecast at $18,740,800,000,000. On average, 12 Wall Street analysts forecast CRM's revenue for 2022 to be $21,972,831,160,000, with the lowest CRM revenue forecast at $21,431,186,000,000, and the highest CRM revenue forecast at $22,618,622,910,000.

In 2023, CRM is forecast to generate $25,763,944,533,000 in revenue, with the lowest revenue forecast at $25,274,852,000,000 and the highest revenue forecast at $26,295,685,000,000.
(NYSE: CRM) Salesforce's current Earnings Per Share (EPS) is $2.58. On average, analysts forecast that CRM's EPS will be $1.91 for 2021, with the lowest EPS forecast at $1.87, and the highest EPS forecast at $2.03. In 2022, CRM's EPS is forecast to hit $1.64 (min: $1.37, max: $2.02).
(NYSE: CRM) forecast ROE is N/A, which is considered weak.
(NYSE: CRM) forecast ROA is N/A, which is lower than the forecast US Software - Application industry average of 2.97%.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.
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