Added to YB: 2024-01-31
Pitch date: 2024-01-30
CRM [bullish]
Salesforce, Inc.
-33.98%
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
$172.7B
Pitch Price
$280.64
Price Target
500.00 (+170%)
Dividend
0.90%
EV/EBITDA
13.92
P/E
24.61
EV/Sales
4.29
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)