<- Go home

Added to YB: 2024-06-05

Pitch date: 2024-06-01

CRM [bullish]

Salesforce, Inc.

+12.8%

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

$232.48

Price Target

316.25 (+21%)

Dividend

0.64%

EV/EBITDA

19.59

P/E

34.65

EV/Sales

6.04

Sector

Software

Category

value

Show full summary:
Salesforce Presents Attractive Valuation with Strong Growth Prospects and Improving Margins

CRM trades at 23x NTM P/E (3yr mean 39x) & 5.2% NTM FCF yield (3yr mean 3.7%), below fair value. Strong balance sheet, improving returns, 24% rev CAGR since '14. EPS growth to justify valuation, analysts expect 12-15% '25-'27 growth. $316 PT at 25x '27 EPS for 12.5% CAGR. Consider building position if weakness persists.

Read full article (2 min)