Salesforce (CRM)
(Delayed Data from NYSE)
$264.00 USD
+5.41 (2.09%)
Updated Aug 23, 2024 04:00 PM ET
Pre-Market: $264.50 +0.50 (0.19%) 8:14 AM ET
4-Sell of 5 4
D Value A Growth C Momentum B VGM
Salesforce.com (CRM) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$293.22 | $350.00 | $230.00 | 11.07% |
Price Target
Based on short-term price targets offered by 37 analysts, the average price target for Salesforce.com comes to $293.22. The forecasts range from a low of $230.00 to a high of $350.00. The average price target represents an increase of 11.07% from the last closing price of $264.00.
Analyst Price Targets (37)
Broker Rating
Salesforce.com currently has an average brokerage recommendation (ABR) of 1.68 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 41 brokerage firms. The current ABR compares to an ABR of 1.68 a month ago based on 41 recommendations.
Of the 41 recommendations deriving the current ABR, 27 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 65.85% and 4.88% of all recommendations. A month ago, Strong Buy made up 65.85%, while Buy represented 4.88%.
Broker Rating Breakdown
![Broker Rating Visualization](https://widget3.zacks.com/images/charts/bar/brokerage/bar/CRM.png)
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 27 | 27 | 27 | 27 | 26 |
Buy | 2 | 2 | 2 | 2 | 2 |
Hold | 11 | 11 | 11 | 11 | 12 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 1 | 1 | 1 | 1 | 1 |
ABR | 1.68 | 1.68 | 1.68 | 1.68 | 1.73 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
8/19/2024 | Cowen & Co. | Derrick Wood | Hold | Hold |
8/14/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
6/24/2024 | Macquarie Capital Securities | Chad C Beynon | Not Available | Strong Buy |
6/4/2024 | Daiwa America | Jairam Nathan | Not Available | Strong Buy |
5/30/2024 | MonnessCrespiHardt & Co. | Brian J White | Hold | Hold |
5/30/2024 | Robert W. Baird & Co. | Rob Oliver | Strong Buy | Strong Buy |
5/30/2024 | William Blair | Arjun Bhatia | Strong Buy | Strong Buy |
5/30/2024 | Canaccord Genuity | David E Hynes | Strong Buy | Strong Buy |
5/30/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
5/30/2024 | UBS | Karl E Keirstead | Hold | Hold |
5/30/2024 | Northland Capital Markets | Nehal Chokshi | Hold | Hold |
5/30/2024 | Not Identified | Not Identified | Strong Sell | Strong Sell |
5/30/2024 | Raymond James | Brian Peterson | Strong Buy | Strong Buy |
5/30/2024 | Evercore Partners | Stewart K Materne | Strong Buy | Strong Buy |
5/30/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
5/30/2024 | Loop Capital Markets | Yun Kim | Hold | Hold |
5/30/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
5/30/2024 | Not Identified | Not Identified | Moderate Buy | Moderate Buy |
5/30/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
5/30/2024 | Truist Securities | Terry F Tillman | Strong Buy | Strong Buy |
5/30/2024 | BMO Capital Markets | Keith Bachman | Strong Buy | Strong Buy |
5/30/2024 | Mizuho SecuritiesUSA | Gregg Moskowitz | Strong Buy | Strong Buy |
5/23/2024 | Wells Fargo Securities | Michael J Turrin | Hold | Hold |
4/24/2024 | D.A. Davidson | Gil Luria | Hold | Hold |
4/15/2024 | Needham & Company | Scott Berg | Moderate Buy | Moderate Buy |
4/15/2024 | Piper Sandler | Brent A Bracelin | Hold | Hold |
3/29/2024 | Goldman Sachs | Kasthuri G Rangan | Strong Buy | Strong Buy |
3/21/2024 | KeyBanc Capital Markets | Jackson E Ader | Hold | Hold |
3/11/2024 | Not Identified | Not Identified | Hold | Hold |
3/6/2024 | Argus Research Corp. | Joseph F Bonner | Strong Buy | Strong Buy |
2/29/2024 | Roth Capital Partners | Richard K Baldry | Strong Buy | Strong Buy |
2/29/2024 | JMP Securities | Patrick D Walravens | Strong Buy | Strong Buy |
2/29/2024 | Wedbush Securities | Daniel H Ives | Strong Buy | Strong Buy |
2/28/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
2/13/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
11/30/2023 | Guggenheim Securities | John S Difucci | Not Available | Hold |
11/27/2023 | Not Identified | Not Identified | Not Available | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.68 |
ABR (Last week) | 1.68 |
# of Recs in ABR | 41 |
Average Target Price | $293.22 |
LT Growth Rate | 15.30% |
Industry | Computer - Software |
Industry Rank by ABR | 72 of 253 |
Current Quarter EPS Est: | 2.35 |