Summary:
- Salesforce (CRM, Financial) exceeded market expectations in its fiscal 2026 Q1 earnings report.
- Analysts forecast a potential 30.85% increase in the stock's value according to average price targets.
- GuruFocus estimates a GF Value, suggesting a moderate upside of 5.66% over the current price.
Impressive Earnings Spur Salesforce Stock Surge
Salesforce (CRM) shares experienced an uptick after the company revealed its fiscal 2026 Q1 results, outpacing market predictions with stellar performance metrics. The tech giant reported impressive adjusted earnings of $2.58 per share alongside revenues reaching $9.83 billion, surpassing analyst forecasts. Looking ahead, Salesforce anticipates continued growth, with future earnings and revenue expected to exceed current market predictions.
Analyst Insights and Market Forecasts
Wall Street analysts have set one-year price targets for Salesforce Inc (CRM, Financial), with an average target price pegged at $361.19. This forecast includes a high estimate of $442.00 and a low estimate of $200.00. The average target signals a potential upside of 30.85% from the current trading price of $276.03. Investors can explore more comprehensive estimate data on the Salesforce Inc (CRM) Forecast page.
Brokerage Recommendations and Strategic Positioning
Among 54 brokerage firms, Salesforce Inc's (CRM, Financial) consensus recommendation currently stands at 2.0, indicating an "Outperform" status. The recommendation scale ranges from 1 to 5, with 1 symbolizing a Strong Buy and 5 denoting a Sell. Such endorsements underline Salesforce’s robust market positioning and potential for continued growth.
GuruFocus Valuation Perspective
According to GuruFocus estimates, Salesforce Inc (CRM, Financial) holds an estimated GF Value of $291.64 for the coming year. This estimation suggests a moderate upside of 5.66% from the current price of $276.03. The GF Value is GuruFocus' estimate of the stock's fair trading value, derived from historical trading multiples, past business growth, and future performance projections. For more detailed data, visit the Salesforce Inc (CRM) Summary page.
