- Salesforce intends to expand its AI reach by acquiring Informatica at $25 per share.
- Wall Street sees a significant upside with a maintained target price of $425 for Salesforce.
- Analyst consensus indicates an "Outperform" status for Salesforce (CRM, Financial) with strong growth potential.
Salesforce's Strategic Acquisition of Informatica
Salesforce (NYSE: CRM) has announced its plan to purchase enterprise cloud software heavyweight Informatica for $25 per share. This strategic acquisition is poised to bolster Salesforce's artificial intelligence (AI) strategy significantly, leveraging Informatica’s extensive customer base, which encompasses 80% of the Fortune 100 companies. Analysts are optimistic, predicting notable cost synergies and sustaining a robust price target of $425 for Salesforce.
Wall Street Analysts' Forecasts
Wall Street analysts have shared their one-year price projections for Salesforce Inc (CRM, Financial), with insights from 48 industry specialists. The consensus average target price stands at $363.62. This figure reflects a potential upside of 34.05% from the current trading price of $271.26. The highest estimated target peaks at $442.00, while the lowest sits at $200.00. Investors can delve into further details on the Salesforce Inc (CRM) Forecast page.
Analysts' Rating and GF Value Estimation
Among 54 brokerage firms, Salesforce Inc (CRM, Financial) holds an average brokerage recommendation of 2.0, categorizing it within the "Outperform" range. The recommendation scale spans from 1 to 5, where a rating of 1 implies a Strong Buy and 5 indicates a Sell.
GuruFocus provides its proprietary estimates, designating the anticipated GF Value for Salesforce Inc (CRM, Financial) at $291.62 for the next year. This projection suggests a potential upside of 7.51% over the current price of $271.257. The GF Value is derived from historical trading multiples, past business growth data, and future performance predictions. Investors looking for a comprehensive analysis can visit the Salesforce Inc (CRM) Summary page.
