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

OverviewForecast
EarningsDividendOwnershipStatistics

Analyst price target for CRM

Based on 28 analysts offering 12 month price targets for Salesforcecom Inc.
Min Forecast
$120.00-43.7%
Avg Forecast
$262.18+23.01%
Max Forecast
$325.00+52.48%

Should I buy or sell CRM stock?

Strong Buy
Strong Buy
20 analysts 76.92%
Buy
0 analysts 0%
Hold
5 analysts 19.23%
Sell
0 analysts 0%
Strong Sell
1 analysts 3.85%

Forecast return on equity

Is CRM forecast to generate an efficient return?
Company
6.7%
Industry
140.13%
Market
62.25%
CRM's Return on Equity is forecast to be low in 4 years (6.7%); 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
4.57%
Industry
5.39%
Market
19.66%
CRM is forecast to generate lower Return on Assets (4.57%) than the US Software - Application industry average (5.39%)
Forecast

CRM earnings per share forecast

What is CRM's earnings per share in the next 3 years based on estimates from 13 analysts?
Avg 1 year Forecast
$2.81-27.84%
Avg 2 year Forecast
$1.35-65.32%
Avg 3 year Forecast
$1.89-51.47%
CRM's earnings are forecast to grow at a rate of -32.34% 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
$21.1B+4.07%
Avg 2 year Forecast
$25.3B+24.91%
Avg 3 year Forecast
$29.8B+47.12%
CRM's revenue is forecast to grow at a rate of 13.66% 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
-32.34%
Industry
4.36%
Market
20.47%
CRM's earnings are forecast to grow slower (-32.34% per year) than the US Software - Application industry average (4.36%)
Forecast
CRM's earnings are forecast to grow slower (-32.34% per year) than the US market average (20.47%)
Forecast
CRM's earnings are forecast to grow slower (-32.34% per year) than the risk-free savings rate (1.1%)
Forecast

CRM revenue growth forecast

How is CRM forecast to perform vs Software - Application companies and vs the US market?
Company
13.66%
Industry
20.4%
Market
14.48%
CRM's revenues are forecast to grow slower (13.66% per year) than the US Software - Application industry average (20.4%)
Forecast
CRM's revenues are forecast to grow slower (13.66% per year) than the US market average (14.48%)
Forecast

Salesforce Stock Forecast FAQ

Is Salesforce Stock a good buy in 2020, according to Wall Street analysts?

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

Out of 26 analysts, 20 (76.92%) are recommending CRM as a Strong Buy, 0 (0%) are recommending CRM as a Buy, 5 (19.23%) are recommending CRM as a Hold, 0 (0%) are recommending CRM as a Sell, and 1 (3.85%) are recommending CRM as a Strong Sell.

What is CRM's Price Target?

According to 28 Wall Street analysts that have issued a 1 year CRM price target, the average CRM price target is $262.18, 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 $262.18 by Jan 11, 2022. The average Salesforce stock price prediction forecasts a potential upside of 23.01% from the current CRM share price of $213.14.

What is CRM's earnings growth forecast for 2021-2023?

(NYSE: CRM) Salesforce's forecast annual earnings growth rate of -32.34% is not forecast to beat the US Software - Application industry's average forecast earnings growth rate of 4.36%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 20.47%.

Salesforce's earnings in 2020 is $3,557,000,000.On average, 13 Wall Street analysts forecast CRM's earnings for 2021 to be $2,554,279,000, with the lowest CRM earnings forecast at $2,529,800,000, and the highest CRM earnings forecast at $2,684,500,000. On average, 13 Wall Street analysts forecast CRM's earnings for 2022 to be $1,227,772,000, with the lowest CRM earnings forecast at $791,700,000, and the highest CRM earnings forecast at $1,583,400,000.

In 2023, CRM is forecast to generate $1,718,080,000 in earnings, with the lowest earnings forecast at $1,246,700,000 and the highest earnings forecast at $2,156,700,000.

What is CRM's revenue growth forecast for 2021-2023?

(NYSE: CRM) Salesforce's forecast annual revenue growth rate of 13.66% is not forecast to beat the US Software - Application industry's average forecast revenue growth rate of 20.4%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 14.48%.

Salesforce's revenue in 2020 is $20,286,000,000.On average, 14 Wall Street analysts forecast CRM's revenue for 2021 to be $19,211,131,940,000, with the lowest CRM revenue forecast at $19,201,000,000,000, and the highest CRM revenue forecast at $19,275,965,800,000. On average, 14 Wall Street analysts forecast CRM's revenue for 2022 to be $23,058,100,520,000, with the lowest CRM revenue forecast at $22,538,161,100,000, and the highest CRM revenue forecast at $23,250,500,000,000.

In 2023, CRM is forecast to generate $27,158,180,140,000 in revenue, with the lowest revenue forecast at $25,947,385,100,000 and the highest revenue forecast at $28,007,070,000,000.

What is CRM's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: CRM) Salesforce's current Earnings Per Share (EPS) is $3.89. On average, analysts forecast that CRM's EPS will be $2.81 for 2021, with the lowest EPS forecast at $2.78, and the highest EPS forecast at $2.95. On average, analysts forecast that CRM's EPS will be $1.35 for 2022, with the lowest EPS forecast at $0.87, and the highest EPS forecast at $1.74. In 2023, CRM's EPS is forecast to hit $1.89 (min: $1.37, max: $2.37).

What is CRM's forecast return on equity (ROE) for 2021-2024?

(NYSE: CRM) forecast ROE is 6.7%, which is considered weak.

What is CRM's forecast return on assets (ROA) for 2021-2024?

(NYSE: CRM) forecast ROA is 4.57%, which is lower than the forecast US Software - Application industry average of 5.39%.
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