What is the CRM stock forecast?

What is the CRM Stock Forecast, After its Amazing Earnings Beat? Salesforce ( NYSE:CRM) stock has gained about 14% since the company delivered impressive results for the fourth quarter of Fiscal Year 2022 on March 1. The Q4 earnings beat, solid shareholder returns, and better-than-expected forecast supported the rally.

How much will Salesforce stock cost in 2022?

Algorithmic forecaster Wallet Investor predicted the Salesforce future stock price could increase to $204.62 by December 2022, closing at $303.876 and $336.981 by December 2025 and December 2026, respectively. By January 2027, 5 years from now, its Salesforce stock projection had the price in the range of $336.947 to $339.251.

Will CRM's EPs grow in 2023?

Analysts tracking CRM have forecast the quarterly EPS to grow by 1.9 per share this quarter, while the same analysts predict the annual EPS to hit $7.42 for the year 2023 and up to $8.99 for 2025. In this case, analysts estimate an annual EPS growth of 41.60% for the year and 21.20% for the next year.

What is Weiss's target price for CRM stock?

As a result, Weiss raised the CRM stock’s price target to $240 from $236. The current price target implies a 28.7% upside potential from the current level. It is worth highlighting that the analyst has a five-star ranking on TipRanks. He has a 63% success rate so far, with an average return of 14% per transaction.