Wall Street analyst estimates for Salesforce, Inc. (CRM): consensus price target, buy/hold/sell recommendations and forecasts for revenue and EPS for the upcoming fiscal years.
Salesforce, Inc. is a leading provider of customer relationship management (CRM) solutions, dedicated to connecting businesses and their clientele on a global scale. At its core, the Customer 360 platform empowers organizations to create seamless, integrated experiences for their customers.
Consensus price target
$274.18 (+21 % vs price $226.18)
between $215.00 and $325.00 · 10 targets published in the last quarter
Closing price, Nov 2
A twelve-month target is not a fair value: compare it with the range in the Valuation tab.
Revenue and EPS estimates
| Fiscal year | Revenue (average) | Revenue (low – high) | EPS (average) | Analysts |
|---|---|---|---|---|
| 2027E | $46.3B | $46.1B – $46.5B | $16.75 | 32 |
| 2028E | $50.9B | $50.1B – $51.9B | $16.07 | 32 |
| 2029E | $55.8B | $54.0B – $57.8B | $18.50 | 18 |
Fiscal year ending in January · figures in USD · consensus as of November 1, 2026
Analyst Consensus
| Strong Buy | 2 |
| Buy | 73 |
| Hold | 21 |
| Sell | 2 |
| Strong Sell | 0 |
| Total analysts | 98 |
| Avg rating (−2 sell to +2 buy) | 0.77 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-12-02 | $3.43 | ||
| 2026-08-26 | $5.90 | $3.27 | +80.4% |
| 2026-05-27 | $3.88 | $3.13 | +24.0% |
| 2026-02-25 | $3.81 | $3.05 | +24.9% |
| 2025-12-03 | $3.25 | $2.86 | +13.6% |
| 2025-09-03 | $2.91 | $2.78 | +4.7% |
| 2025-05-28 | $2.58 | $2.55 | +1.2% |
| 2025-02-26 | $2.78 | $2.61 | +6.5% |
Valuation Ratios
| P/E Ratio | 20.64 |
| Price / Book | 4.90 |
| Dividend Yield | 0.76% |
Income Statement (10y)
| Year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.39B | $10.48B | $13.28B | $17.10B | $21.25B | $26.49B | $31.35B | $34.86B | $37.90B | $41.52B |
| Cost of Revenue | $2.23B | $2.77B | $3.45B | $4.24B | $5.44B | $7.03B | $8.36B | $8.54B | $8.64B | $9.27B |
| Gross Profit | $6.20B | $7.77B | $9.83B | $12.86B | $15.81B | $19.47B | $22.99B | $26.32B | $29.25B | $32.26B |
| Research & Development | $1.21B | $1.55B | $1.89B | $2.77B | $3.60B | $4.46B | $5.05B | $4.91B | $5.49B | $5.99B |
| Selling, General & Admin | $4.78B | $5.76B | $7.41B | $9.63B | $11.76B | $14.45B | $16.08B | $15.41B | $16.09B | $17.34B |
| Operating Expenses | $5.99B | $7.31B | $9.30B | $12.57B | $15.36B | $18.92B | $21.96B | $21.30B | $22.05B | $23.34B |
| Operating Income | $218.0M | $454.0M | $535.0M | $297.0M | $455.0M | $548.0M | $1.03B | $5.01B | $7.21B | $8.92B |
| EBITDA | $850.0M | $1.24B | $1.52B | $2.60B | $3.30B | $5.05B | $5.64B | $9.22B | $11.14B | $13.15B |
| Interest Expense | $89.0M | $87.0M | $154.0M | $131.0M | $126.0M | $220.0M | $287.0M | 0 | $272.0M | $324.0M |
| Pre-tax Income | $179.0M | $420.0M | $983.0M | $706.0M | $2.56B | $1.53B | $660.0M | $4.95B | $7.44B | $9.52B |
| Income Tax | -$144.0M | $60.0M | -$127.0M | $580.0M | -$1.51B | $88.0M | $452.0M | $814.0M | $1.24B | $2.06B |
| Net Income | $323.0M | $360.0M | $1.11B | $126.0M | $4.07B | $1.44B | $208.0M | $4.14B | $6.20B | $7.46B |
| EPS | $0.26 | $0.18 | $1.48 | $0.15 | $4.48 | $1.51 | $0.21 | $4.25 | $6.44 | $7.85 |
| EPS (Diluted) | $0.26 | $0.17 | $1.43 | $0.15 | $4.38 | $1.48 | $0.21 | $4.20 | $6.36 | $7.80 |
| Shares Outstanding (Diluted) | 700.2 M | 734.6 M | 775.0 M | 850.0 M | 930.0 M | 974.0 M | 997.0 M | 984.0 M | 974.0 M | 956.0 M |
Price
| Price | $226.18 (closing price, November 2, 2026) |
| Market Cap | $186.1B |
| Exchange | NYSE |
| Country | US |
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Explore sector: Technology · Software - Application
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