Salesforce today
As of 03:59 PM ET
- 52 week range
- $226.48
▼
$369.00
- Dividend yield
- 0.68%
- P/E ratio
- 35.62
- Price target
- $325.72
salesforce New York Stock Exchange: Customer Relationship Management The stock price has suffered from traction because its huge investment in agent AI has yet to pay off. Those days are over. While revenue growth has slowed, falling below 10% year-over-year over the previous five quarters, revenues are now accelerating, and expectations are rising.
The main takeaway from Salesforce’s Dreamforce event is that it has raised its long-term outlook, and the reason is agentive AI. The expanding ecosystem of partnerships solidifies it as a Go to the source for AI-powered CRM servicesThese services can now be found easily at your fingertips.
Expanding partnerships with Alphabet Nasdaq:GoogleAnthropic and OpenAI highlight the company’s strength and position in the technology sector. The new deals improve access to Salesforce tools and AI for Salesforce customers, integrating models like Gemini, Cloud, and ChatGPT directly into the Agentforce 360 platform. Highlights include improved employee and consumer experiences, increased operational efficiency, and workflow.
What does this mean for Salesforce’s revenue and earnings outlook? The company raised its long-term goal to annual revenues exceeding $60 billion by 2030, exceeding analyst expectations and likely to be cautious. Estimates of agentic AI vary but tend to be very high, with a double-digit CAGR in the 35% to 45% range expected over the middle of the next decade.
In that time, the agent AI industry will grow by a significant four-digit figure, fueled by mainstream adoption, which Salesforce is perfectly suited for. They already represent nearly 90% of the Fortune 500 among their clients, making them a natural choice when they need additional services.
Salesforce’s free cash flow forecast is stimulating investor sentiment
Salesforce is a free cash flow machine that offers its services Strong capital returns over time. The Dreamforce event underscored this strength, with executives forecasting a 200% increase in free cash flow over the next five years. Their confidence in the outlook is evident in the accelerated repurchase program.
Salesforce stock forecast today
$325.72
32.90% upModerate purchase
Based on 39 analyst ratings
| Current price | $245.09 |
|---|---|
| High expectations | $430.00 |
| Average expectations | $325.72 |
| Low expectations | $221.00 |
Salesforce stock forecast details
Management expects $7 billion in repurchase activity over the next six months, equivalent to more than 3% of market cap, with shares trading near long-term lows.
Strong buybacks are likely to continue due to the company’s growth, cash flow outlook, and strong balance sheet.
The analyst response indicates a shift in sentiment that should help lift CRM’s stock price as the year progresses. Early reports tracked by MarketBeat reaffirmed ratings and price targets, coming in with an Outperform rating and a price target of $353.75.
The rating and price target are higher than the broader consensus, which expects a 30% upside from critical support, with the highest target at $400, which would double the upside.
The assumption is that analysts have begun a cycle of target price increases that will drive sentiment and price action over the coming quarters.
Institutional activity is also in line with the rise in CRM’s stock price. Data from MarketBeat shows that this influential group owns more than 80% of the shares and has accumulated over the course of the year. The activity credit is $1.50 bought for every $1 sold, providing strong support and tailwinds to the market.
Salesforce confirms bottom: preparing to release a strong signal
The price action in CRM stock was bullish after the release, but fell short of a strong buy signal solely due to the moving averages. They offer resistance as of mid-October, but may not hold for long. In addition to an increase of 7% Bullish MACD, stochastic volatility It reveals a strong bottom and a market ready to move higher.
A move above the moving averages could trigger a rapid inflow of capital, pushing the price to $288 within weeks, if not days. In the longer term, the shift in analyst sentiment will likely see this market retest its 2025 highs and move to new highs.
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