The 24\/7 Wall St. price target for Salesforce (NYSE:CRM<\/a>) is $333.49 over the next 12 months. From the current price of $240.93, that works out to 38.4% upside. The stock earns a buy rating with high confidence from the model. <\/p>\n Salesforce’s comeback hinges on Agentforce. Agentforce annual recurring revenue (ARR) has passed $1.5B, up over 240% YoY, and management raised guidance in August. <\/p>\n Even so, the stock is down 8.41% this year and trades at about 16x forward earnings. That multiple understates a business whose growth is speeding up. <\/p>\n Shares are up 32.96% since late July and up 2.95% over the past month. They slipped 0.62% this week and trailed competitors on Tuesday. The stock sits 10.0% below its 52-week peak of $267.80, yet 65.0% above the low of $146.06. <\/p>\n Second-quarter fiscal 2027 revenue came in at $11.345B, up 10.8%, ahead of the $11.316B estimate. Non-GAAP EPS of $5.90 beat the $3.27 consensus, though $2.53 per share of that came from gains on strategic investments. <\/p>\n —— <\/p>\n Free Report, Just Released <\/p>\n Why Didn’t CRM Make The Top 10 List? <\/p>\n 24\/7 Wall St has helped investors make money for over two decades, and our top analysts just finished ranking the definitive Top 10 Stocks To Buy Now. Not the ten biggest companies. Not the ten everyone is arguing about. The ten best stocks to buy right now.<\/a> <\/p>\n And CRM didn’t make the cut! <\/p>\n The report is free, and you can see why we think each stock is a top investment today. <\/p>\n Enter Your Email and See the Ten \u2192<\/a> <\/p>\n —— <\/p>\n Current remaining performance obligations (cRPO), which track signed revenue due over the next 12 months, rose 14% to $33.50B. Full-year revenue guidance moved up to $46.1B to $46.4B. <\/p>\n Story Continues <\/p>\n Agentforce and Data 360 together have reached about $3.90B in ARR, up over 210%. Agentic Work Units, a measure of the tasks AI agents complete, hit 3.2B in Q2, up 97% Q\/Q. Chief operating officer Miguel Milano said agentic customers “are already at double the AOV with a perspective of nearly quadrupling”. AOV is annual order value. <\/p>\n A $25B accelerated share repurchase brought the diluted share count down to 821M from 962M, and management still targets $63B in revenue by fiscal 2030. <\/p>\n Wall Street mostly agrees: 38 analysts have bullish ratings on the stock, with a consensus target of $287.08. The bull case reaches $374.50. <\/p>\n Noncurrent debt rose to $39.3B to pay for the buyback. Marketing and Commerce grew just 1%, and operating income was flat. Free cash flow growth is guided to only 4% to 5% for the year. <\/p>\n Copilot from Microsoft (NASDAQ:MSFT<\/a>), now at more than 30 million paid seats, is a real competitive threat. Meanwhile, Q2 free cash flow rose 81.5%, and flat profits partly reflect Informatica integration and $94M in restructuring charges. Even our bear case of $272.88 sits above today’s price. <\/p>\n Salesforce Trades at an Oracle Multiple With Microsoft-Level Cash Flow <\/p>\n Microsoft competes directly with Salesforce through Dynamics 365 and Copilot. Shares trade at 27x forward earnings and 58.90x free cash flow, and revenue grew 17.8% last quarter. <\/p>\n Oracle (NYSE:ORCL<\/a>) sells competing enterprise applications. Its forward multiple of 16x matches Salesforce’s, but heavy AI data center spending drive free cash flow to negative $5.396B last quarter. <\/p>\n At 13.77x free cash flow, Salesforce is the cheapest of the three on cash generation. Compared with these peers, our target looks reasonable, and arguably conservative. <\/p>\n Agentforce Momentum Tips the Scale <\/p>\n The 24\/7 Wall St. price target is $333.49, with a buy rating and 90% confidence. The key factor is AI ARR compounding at triple-digit rates while the stock trades at a single-digit-growth multiple. <\/p>\n I would grow more confident if organic revenue picks up again in the second half, as management has promised. I would get more cautious if Agentforce growth stalls or debt starts pressuring cash returns. For now, the risk-reward looks favorable. <\/p>\n Looking further out, here is where our model projects Salesforce could trade if current growth and market conditions hold. <\/p>\n The projections rest on Salesforce continuing to execute on its agentic strategy. Faster AI monetization could drive the stock higher than these figures, while losing ground to Microsoft could drive it lower. <\/p>\n Got $1,000? Before You Buy CRM, Read This <\/p>\n If you have cash sitting in your account right now, give this two minutes. After more than two decades of helping investors beat the market, our top analysts at 24\/7 Wall St. put together a definitive report on the Top 10 Stocks To Buy Today.<\/a> And CRM wasn’t one of them. <\/p>\n They combed the entire market. It’s not 10 ideas, not 10 stocks everyone is talking about, it’s what their research points to as the 10 best stocks to buy right now, and it’s free. Read more here and see which stocks made the list –>><\/a> <\/p>\n<\/a> Shutterstock \/ tech_BG 24\/7 Wall St. Price Target Summary <\/p>\n
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<\/a> CRM Price Target \u2014 24\/7 Wall St. Why Bulls See $374 Ahead <\/p>\n
<\/a> CRM Analyst Ratings \u2014 24\/7 Wall St. Debt and Slow Core Growth Are the Risks Worth Watching <\/p>\n