Salesforce (CRM, Financial) is experiencing significant activity in the options market ahead of its earnings announcement, with trading volume more than double the usual rate. There is a noticeable preference for call options over puts, maintaining a ratio of 10:9. The current implied volatility indicates that traders expect the stock to move by approximately 6.8%, which equates to a price change of around $18.57, following the release of earnings. Historically, over the past two years, the median movement after earnings has been about 4.4%.
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 31.22% from the current price of $275.25. 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 $291.64, suggesting a upside of 5.95% from the current price of $275.25. 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.
