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Added to YB: 2025-01-07

Pitch date: 2025-01-06

CRM [bearish]

Salesforce, Inc.

+22.49%

current return

Author Info

No bio for this author

Company Info

Salesforce, Inc. provides customer relationship management technology that connects companies and customers together worldwide.

Market Cap

$243.2B

Pitch Price

$328.89

Price Target

247.00 (-3%)

Dividend

0.64%

EV/EBITDA

19.59

P/E

34.65

EV/Sales

6.04

Sector

Software

Category

value

Show full summary:
Guggenheim Downgrades Salesforce (CRM) to Sell, Sets $247 Price Target

CRM Sell: Guggenheim downgrades to Sell, PT $247. Agentforce rally overblown, unlikely to monetize without acquisitions. Organic innovation weak, enterprise sales talent loss. Growth debate should be 5-7%, not 9-10%. Overvalued at 8.6x EV/NTM recurring rev vs 5.4x intrinsic. 35x EV/NTM FCF (adj) for single-digit growth.

Read full article (1 min)