Key Highlights:
- Salesforce (CRM, Financial) beats Q1 earnings expectations with strong revenue figures.
- Analysts predict a significant upside potential based on current price targets.
- Company's strategic guidance raises future growth outlook.
Salesforce Q1 Earnings Overview
Salesforce (CRM) demonstrated robust financial performance in Q1, reporting non-GAAP earnings of $2.58 per share. This exceeded market expectations by $0.03. Furthermore, Salesforce's revenue reached $9.83 billion, surpassing projections by $80 million. The company is optimistic about its future, forecasting Q2 FY26 revenue between $10.11 billion and $10.16 billion. Additionally, Salesforce has revised its full-year FY26 guidance upwards to a range of $41.0-$41.3 billion, signaling strong growth prospects.
Wall Street Analysts Forecast
Examining one-year price targets from 48 analysts, Salesforce Inc (CRM, Financial) has an average target price of $361.19. The estimates vary, with a high of $442.00 and a low of $200.00. When compared to the current price of $276.03, the average target presents an attractive upside potential of 30.85%. For further information on price forecasts, visit the Salesforce Inc (CRM) Forecast page.
Brokerage Recommendations and GF Value Insight
Based on input from 54 brokerage firms, Salesforce Inc's (CRM, Financial) average brokerage recommendation stands at 2.0, which corresponds to an "Outperform" status. This assessment uses a scale from 1 to 5, where 1 indicates a Strong Buy, and 5 indicates Sell.
According to GuruFocus, the estimated GF Value for Salesforce Inc (CRM, Financial) in one year is projected at $291.64. This valuation suggests a potential upside of 5.66% from the current stock price of $276.03. The GF Value takes into account historical trading multiples, past business growth, and future performance estimates to determine a fair trading value. More comprehensive insights are available on the Salesforce Inc (CRM) Summary page.
