UBS analyst Karl Keirstead has adjusted the price target for Salesforce (CRM, Financial), decreasing it from $320 to $300. Despite this revision, he maintains a Neutral stance on the company's stock. This adjustment reflects a careful consideration of Salesforce's current market position and outlook.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 48 analysts, the average target price for Salesforce Inc (CRM, Financial) is $363.62 with a high estimate of $442.00 and a low estimate of $200.00. The average target implies an upside of 33.13% from the current price of $273.13. More detailed estimate data can be found on the Salesforce Inc (CRM) Forecast page.
Based on the consensus recommendation from 54 brokerage firms, Salesforce Inc's (CRM, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Salesforce Inc (CRM, Financial) in one year is $291.62, suggesting a upside of 6.77% from the current price of $273.13. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Salesforce Inc (CRM) Summary page.
