Analysts' ratings for Salesforce ( CRM ) over the last quarter vary from bullish to bearish, as provided by 48 analysts.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 14 | 22 | 11 | 0 | 1 |
Last 30D | 1 | 0 | 0 | 0 | 0 |
1M Ago | 2 | 0 | 0 | 0 | 0 |
2M Ago | 1 | 3 | 2 | 0 | 1 |
3M Ago | 10 | 19 | 9 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $392.08, a high estimate of $450.00, and a low estimate of $247.00. Marking an increase of 11.28%, the current average surpasses the previous average price target of $352.33.
A clear picture of Salesforce's ( CRM ) perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Needham | Maintains | Buy | |||
TD Cowen | Raises | Buy | |||
Needham | Raises | Buy | |||
Guggenheim | Maintains | Sell | |||
Macquarie | Maintains | Neutral | |||
Maintains | Market Outperform | ||||
Wedbush | Maintains | Outperform | |||
Needham | Maintains | Buy | |||
Piper Sandler | Maintains | Overweight | |||
Macquarie | Announces | Neutral | - | ||
Jefferies | Raises | Buy | |||
JP Morgan | Raises | Overweight | |||
Raises | Hold | ||||
Raises | Outperform | ||||
Citigroup | Raises | Neutral | |||
DA Davidson | Maintains | Neutral | |||
Maintains | Market Outperform | ||||
Scotiabank | Raises | Sector Outperform | |||
Canaccord Genuity | Raises | Buy | |||
Goldman Sachs | Raises | Buy | |||
Oppenheimer | Raises | Outperform | |||
Raises | Outperform | ||||
Raises | Buy | ||||
Stifel | Raises | Buy | |||
Morgan Stanley | Raises | Overweight | |||
B of A Securities | Raises | Buy | |||
Raises | Outperform | ||||
Baird | Raises | Outperform | |||
Needham | Raises | Buy | |||
Barclays | Raises | Overweight | |||
Piper Sandler | Raises | Overweight | |||
Maintains | Market Outperform | ||||
DA Davidson | Raises | Neutral | |||
Piper Sandler | Raises | Overweight | |||
Citigroup | Raises | Neutral | |||
Raises | Buy | ||||
Wedbush | Raises | Outperform | |||
UBS | Raises | Neutral | |||
Raises | Market Outperform | ||||
TD Cowen | Raises | Hold | |||
Oppenheimer | Raises | Outperform | |||
JP Morgan | Raises | Overweight | |||
Scotiabank | Announces | Sector Outperform | - | ||
Raises | Outperform | ||||
Raises | Hold | ||||
B of A Securities | Raises | Buy | |||
Wells Fargo | Raises | Equal-Weight | |||
Jefferies | Raises | Buy |
Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Salesforce ( CRM ). This information provides a snapshot of how analysts perceive the current state of the company.
Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Salesforce ( CRM ) compared to the broader market.
Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Salesforce's ( CRM ) stock. This comparison reveals trends in analysts' expectations over time.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Salesforce's ( CRM ) market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on Salesforce ( CRM ) analyst ratings.
Salesforce ( CRM ) provides enterprise cloud computing solutions. The company offers customer relationship management technology that brings companies and customers together. Its Customer 360 platform helps the group to deliver a single source of truth, connecting customer data across systems, apps, and devices to help companies sell, service, market, and conduct commerce. It also offers Service Cloud for customer support, Marketing Cloud for digital marketing campaigns, Commerce Cloud as an e-commerce engine, the Salesforce Platform, which allows enterprises to build applications, and other solutions, such as MuleSoft for data integration.
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Revenue Growth: Salesforce's ( CRM ) remarkable performance in 3 months is evident. As of 31 October, 2024, the company achieved an impressive revenue growth rate of 8.3%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: Salesforce's ( CRM ) net margin is impressive, surpassing industry averages. With a net margin of 16.17%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Salesforce's ( CRM ) ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 2.63%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 1.66%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.2.
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
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