Salesforce Stock Price Forecast: Analysts Predict Upside Potential
Strong Analyst Ratings and Positive Forecasts
According to research reports from 36 Wall Street equities research analysts, the average twelve-month stock price forecast for Salesforce (CRM) is $307.44, representing a potential upside of 18.99%. This forecast is based on 37 analysts who have issued 12-month price targets for the company.
Current Price Target and Historical Performance
As of the latest available data, Salesforce's stock is trading at $271.62 USD on the NYSE. The 32 analysts with 12-month price forecasts have set a low estimate of $153 and a high estimate of $319. The average target of $307.44 suggests that analysts are generally optimistic about the company's future performance.
Over the past year, Salesforce's stock has fluctuated significantly. The stock reached a high of $329.04 in November 2022 and a low of $153.92 in June 2023. Despite the recent volatility, the stock has outperformed the broader market over the long term.
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