
Salesforce (CRM) Stock Forecast & Price Target
Salesforce (CRM) Analyst Ratings
Bulls say
Salesforce's strong growth outlook is supported by a significant increase in annual recurring revenue (ARR), with a remarkable 400% year-over-year growth in agentic AI, contributing over $440 million in ARR for Q2 FY26. The company has reported a reacceleration in its booking metrics, indicating that net new annual order value growth is likely to exceed overall annual order value growth, setting the stage for revenue acceleration in the coming 12 to 18 months. Furthermore, Salesforce's non-GAAP operating margin is projected to improve from 17.7% in FY21 to 34.1% in FY26E, reflecting the company's robust financial health and operational efficiency as it capitalizes on rising demand for its AI-driven solutions and enhanced cross-selling opportunities across its platform.
Bears say
Salesforce faces multiple downside risks that contribute to a negative outlook, including a potential decline in its premium enterprise value (EV)/revenue multiple and faster-than-expected deceleration in subscription revenues. The company's projected revenue growth appears to be weakening, with lowered non-GAAP EPS estimates for FY28, and competition from Microsoft and ServiceNow is intensifying, further pressuring growth prospects. Additionally, challenges such as the inability to integrate acquisitions and worsening macroeconomic conditions could hinder Salesforce's ability to retain customers and achieve investment returns.
This aggregate rating is based on analysts' research of Salesforce and is not a guaranteed prediction by Public.com or investment advice.
Salesforce (CRM) Analyst Forecast & Price Prediction
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