Fintel reports that on April 21, 2025, Guggenheim upgraded their outlook for Salesforce (NYSE:CRM) from Sell to Neutral.
Analyst Price Forecast Suggests 61.96% Upside
As of April 2, 2025, the average one-year price target for Salesforce is $382.59/share. The forecasts range from a low of $245.43 to a high of $464.10. The average price target represents an increase of 61.96% from its latest reported closing price of $236.23 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Salesforce is 41,974MM, an increase of 10.76%. The projected annual non-GAAP EPS is 7.95, a decrease of 8.96% from the prior forecast.
What is the Fund Sentiment?
There are 4,594 funds or institutions reporting positions in Salesforce. This is an increase of 382 owner(s) or 9.07% in the last quarter. Average portfolio weight of all funds dedicated to CRM is 0.74%, an increase of 111.54%. Total shares owned by institutions increased in the last three months by 1.86% to 921,444K shares. 
The put/call ratio of CRM is 0.69, indicating a bullish outlook.
What are Other Shareholders Doing?
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 28,451K shares representing 2.96% ownership of the company. In its prior filing, the firm reported owning 29,179K shares , representing a decrease of 2.56%. The firm increased its portfolio allocation in CRM by 17.37% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 25,878K shares representing 2.69% ownership of the company. In its prior filing, the firm reported owning 25,379K shares , representing an increase of 1.93%. The firm increased its portfolio allocation in CRM by 17.83% over the last quarter.
Capital Research Global Investors holds 24,117K shares representing 2.51% ownership of the company. In its prior filing, the firm reported owning 24,350K shares , representing a decrease of 0.97%. The firm increased its portfolio allocation in CRM by 19.67% over the last quarter.
Geode Capital Management holds 19,955K shares representing 2.08% ownership of the company. In its prior filing, the firm reported owning 19,780K shares , representing an increase of 0.88%. The firm increased its portfolio allocation in CRM by 18.06% over the last quarter.
Jpmorgan Chase holds 19,248K shares representing 2.00% ownership of the company. In its prior filing, the firm reported owning 14,688K shares , representing an increase of 23.69%. The firm increased its portfolio allocation in CRM by 56.85% over the last quarter.
Salesforce Background Information
(This description is provided by the company.)
Salesforce, the global CRM leader, empowers companies of every size and industry to digitally transform and create a 360° view of their customers.
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