Professional
Added to YB: 2024-10-29
Pitch date: 2024-10-22
CRM [bullish]
Salesforce, Inc.
-35.2%
current return
Author Info
No bio for this author
Company Info
Salesforce, Inc. provides customer relationship management technology services that connect companies and customers together in the United States, Europe, and the Asia Pacific.
Market Cap
$172.8B
Pitch Price
$285.54
Price Target
N/A
Dividend
0.94%
EV/EBITDA
13.75
P/E
24.00
EV/Sales
4.36
Sector
Software
Category
value
Starboard Value 2024 Active-Passive Investor Summit - Salesforce, Inc.
CRM: Salesforce transformed with 1000bps+ margin expansion since FY23. Stock nearly doubled as profitability & shareholder-friendly capital allocation improved. Trading at discount to peers. Agentforce offering potential growth driver. Multiple paths to Rule of 50 by FY28. At ~14x FY28 FCF if achieve peer-level financials.
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