DA Davidson maintains an Underperform rating for Salesforce (CRM, Financial) with a price target of $200 following the company's decision to acquire Informatica for $8 billion. This acquisition represents Salesforce's first major move since it purchased Slack in 2021 for $28 billion. While there is anticipation for the data management capabilities that Informatica could bring, concerns persist regarding Informatica’s past performance and its older technology offerings. The analyst remains cautious and refrains from fully supporting the acquisition at this stage.
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 $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.
