Added to YB: 2024-01-31
Pitch date: 2024-01-30
CRM [bullish]
Salesforce, Inc.
-6.71%
current return
Author Info
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Company Info
Salesforce, Inc. provides customer relationship management technology that connects companies and customers together worldwide.
Market Cap
$243.2B
Pitch Price
$281.09
Price Target
500.00 (+91%)
Dividend
0.64%
EV/EBITDA
19.59
P/E
34.65
EV/Sales
6.04
Sector
Software
Category
growth
Salesforce: Improving Profit Margins Come With A Backstory
CRM: Market leader in enterprise software with 22% share, vast growth potential in $290B TAM by 2026. RPO at $23.9B shows strong long-term contracts. AI opportunity & challenge in Tableau CRM. Revenue growth ~11% despite maturity. Dow inclusion cements blue-chip status. Activist pressure drove focus on margins, buybacks over M&A. Targeting profitable growth via cost efficiency in R&D, marketing, sales & G&A. Strong Buy rating maintained. Benioff key to long-term success.
Read full article (14 min)