- Salesforce offers significant discounts on Slack products to U.S. federal agencies to boost productivity.
- Analysts foresee a 25.80% price increase for Salesforce shares, with targets ranging from $200 to $442.
- GuruFocus estimates suggest Salesforce is trading near its fair value, with minimal upside potential.
Salesforce (CRM, Financial) has launched a compelling initiative aimed at augmenting the productivity of U.S. federal agencies. By offering substantial discounts on its Slack Enterprise Grid and Slack AI for Enterprise, ranging up to 90% and nearly 70% per user, respectively, Salesforce is taking steps to streamline government decision-making processes. This exclusive offer is valid until November 30, positioning Salesforce as a pivotal partner for governmental digital transformation.
Analyst Price Targets and Ratings
According to 48 financial analysts, Salesforce Inc (CRM, Financial) holds an average one-year price target of $362.50, with projections ranging from a low of $200.00 to a high of $442.00. This average target suggests a potential upside of 25.80% from the current market price of $288.16. For a deeper dive into these estimates, explore the Salesforce Inc (CRM) Forecast page.
Moreover, 54 brokerage firms collectively rate Salesforce Inc's (CRM, Financial) stock at an average recommendation of 2.0, which signifies an "Outperform" status. On the rating scale, 1 denotes a Strong Buy, while 5 indicates a Sell.
Fair Value Estimation
GuruFocus provides insights into Salesforce Inc's (CRM, Financial) estimated GF Value over the coming year, which stands at $291.69. This suggests a modest upside of 1.23% from its current price of $288.16. The GF Value is a calculated figure that represents what the stock should ideally trade at, taking into consideration its historical trading multiples and anticipated business performance. More comprehensive data can be accessed on the Salesforce Inc (CRM) Summary page.
