Salesforce (CRM) Receives 'Buy' Rating from Needham with $400 Price Target | CRM Stock News

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May 28, 2025
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On May 28, 2025, Salesforce (CRM, Financial) continues to be a focal point for investors as Needham analyst Scott Berg reiterated a 'Buy' rating, maintaining a price target of $400.00 USD on the company's stock.

The decision to maintain the price target reflects consistent confidence from Needham in Salesforce's market performance. This assessment comes as Salesforce (CRM, Financial) remains under the spotlight in the tech industry, with no deviation from the previously set price target of $400.00 USD.

The analyst's consistent rating and price target signal a positive outlook, reiterating the potential value growth of Salesforce (CRM, Financial) in the competitive landscape. Despite no percentage change in the price target, the 'Buy' rating indicates a bullish stance on the company's future prospects.

Wall Street Analysts Forecast

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Based on the one-year price targets offered by 48 analysts, the average target price for Salesforce Inc (CRM, Financial) is $361.19 with a high estimate of $442.00 and a low estimate of $200.00. The average target implies an upside of 30.30% from the current price of $277.19. 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 5.21% from the current price of $277.19. 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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.