Added to YB: 2024-03-06
Pitch date: 2024-03-06
CRM [bullish]
Salesforce, Inc.
-13.4%
current return
Author Info
@TechFundies has been a tech investor for over 20 years and ran a $1b hedge fund for 10 years. Follow on Twitter.
Company Info
Salesforce, Inc. provides customer relationship management technology that connects companies and customers together worldwide.
Market Cap
$243.2B
Pitch Price
$302.81
Price Target
N/A
Dividend
0.64%
EV/EBITDA
19.59
P/E
34.65
EV/Sales
6.04
Sector
Software
Category
growth
Salesforce (CRM): Optimism and Growth in the Data Cloud Era
$CRM CFO bullish: disciplined growth+margin expansion, Data Cloud+GenAI tailwinds, 9% price hike over 3yrs, verticals 30%+ ASP & lower churn, 80% of customers <=3 clouds (upsell opp), M&A to continue. Focused on credibility & GAAP earnings to drive multiple expansion.
Read full article (3 min)