Added to YB: 2024-01-31
Pitch date: 2024-01-30
CRM [bullish]
Salesforce, Inc.
-34.07%
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
$280.64
Price Target
500.00 (+170%)
Dividend
0.94%
EV/EBITDA
13.75
P/E
24.00
EV/Sales
4.36
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)