Salesforce Stock Forecast: What the Analysts Are Saying

Analysts Offer Mixed Outlook on Salesforce Inc.

Analysts are offering mixed outlooks on Salesforce Inc. (CRM), with some predicting strong growth and others warning of headwinds. The 44 analysts offering 1-year price forecasts for Salesforce have an average target of $292.13, with a low of $170.00 and a high of $336.34. The 32 analysts with 12-month price forecasts have an average target of $275.00, with a low of $170.00 and a high of $336.34.

Salesforce's Strong Growth

Salesforce has been a strong performer in recent years, with its revenue growing by an average of 25% annually over the past five years. The company's cloud-based software is used by businesses of all sizes to manage their sales, marketing, and customer relationships. Salesforce's strong growth is expected to continue in the coming years, as businesses increasingly adopt cloud-based software.

Headwinds Facing Salesforce

However, Salesforce is also facing some headwinds, including increased competition from rivals such as Microsoft and Oracle. The company is also facing challenges in integrating its recent acquisitions, such as Tableau and Slack. These headwinds could slow Salesforce's growth in the coming years.

Analysts' Recommendations

Despite the mixed outlook, most analysts are recommending that investors buy Salesforce stock. The company's strong growth potential and its leading position in the cloud-based software market make it a compelling investment. However, investors should be aware of the headwinds that Salesforce is facing and should carefully consider their investment goals before buying the stock.