salesforce.com Stock Buy or Sell? CRM Stocks Forecast

Market Capitalization: 184 850 006 000 $
EBITDA: 5 436 000 000 $
Price to Earnings: 924.25
Quarterly Earnings Growth YOY: -0.553
Quarterly Revenue Growth YOY: 0.144
Trailing PE: 924.25
Forward PE: 23.75
Shares Outstanding: 1000000000






salesforce.com Stock Buy or Sell? CRM Stocks Analytic Forecasts

March 23, 2023 (19:59)

salesforce.com, inc. (CRM) Sector: Technology

We present you the most up-to-date and complete review of analytical trend forecasts and views on the CRM stock market. Experts share their opinions on what to expect from the salesforce.com, inc. stock market. How likely is the stock price to move in a bullish or bearish trend. Which should help you to make the right decision whether to Buy or Sell salesforce.com stocks.

salesforce.com, inc. Stock Market Experts’ Analysis and Forecasting – Sell or Buy CRM Shares?

The most recent analytical view which can help you to answer the worrying question: Should I Buy Stocks Now or Wait? came out under the authorship of LK Shelley and is titled

“Salesforce: Dilution And Low GAAP Net Income Require Caution Despite Strong Q4”

is published on March 17 (2023) and has 2 likes. The review predicts Neutral market trend.

It summarize the following theses:

  • I assign a Hold rating despite upbeat Q42023 result and FY2024 forward guidance.
  • Upgraded buyback program upgraded to $20 billion is positive.
  • Be cautious regarding decade-long use of stock-based compensation to cut reporting costs.
  • Ongoing shareholder dilution caused by the upward trend in outstanding shares.
  • Salesforce’s stock performance is starting to show diminishing returns.

The author starts his analytic review with the following:

Salesforce’s Stock Performance Shows Diminishing Returns Despite Upbeat Q4 Earnings Salesforce (NYSE:CRM) has been a successful company, delivering tremendous gains to its investors with over 60X returns at the peak of 2021 since its IPO and 30X returns in 2022 after a pullback. However, it is unlikely that investors will see a 60X gain from CRM stock going forward.

The author declares an interesting position, and the number of his followers is 146 and it grows, but not that weighty compared to other authors.
LK Shelley has 9 works published.
The contributor of experts community since 2022


One more noteworthy article is written by Bill Zettler under the title

“Can Salesforce Stock Recover To $200 In 2023?”

on March 16 (2023) and has 6 likes. The expert reflects Strong Bullish trend of the market.

Нis theses make you think about whether to add CRM stocks to your investment portfolio or not, and helps to work out your own salesforce.com stock selling strategies:

  • Salesforce has increased its revenue substantially over the years mainly via acquisitions.
  • The year just ended was uninspiring and disappointing to say the least.
  • Elliott Management is proposing new board members.
  • CRM has a huge $20 billion share buyback in place.
  • Next year’s profit projections are by far the highest in the company’s history.

Bill Zettler starts analysis with such words:

Salesforce, Inc. (NYSE:CRM) is the largest CRM (Customer Resource Management) software vendor in the world, with sales in excess of $31 billion in fiscal 2023 ending January.

This author is very popular among the auditory. He has 13464 followers

Bill Zettler is the contributor of experts community since 2015. Has published at least 320 articles.


Another analysis presented by Asif Suria came out on March 8 (2023). Obviously, coupled with the newer reviews, this forecasting could be useful to find out the best trading strategy for CRM stocks. It sounds like

“Salesforce Boosts Share Repurchase By An Additional $10 Billion – Buyback Wednesdays”

Article has got 5 likes at the moment and forecasting Neutral trend of the market.

Summarizing the information presented in the review concerning the salesforce.com, inc., the expert says the following:

  • Salesforce announced an additional buyback of $10 billion last week.
  • The buyback represented around 6% of its market cap at announcement.
  • Salesforce spent $2.3 billion on stock buybacks in Q4 2023 and $4 billion for the full fiscal year 2023.

And here, what comes first:

After years of diluting shareholders (30% over four years to be precise), Salesforce (NYSE:CRM) has suddenly gotten buyback fever and announced an additional buyback of $10 billion last week. The buyback represented around 6% of its market cap at announcement. Salesforce announced its first-ever $10 billion buyback last year in August and upgraded it to $20 billion on March 1, 2023.

The opinion of the author can be considered quite authoritative.
The number of 9654 followers confirms this.
Asif Suria is the contributor of experts community since 2005. Has already 935 analytic reviews published.


The Share Price of salesforce.com, inc. (CRM) for now

What analysts predict: $218.89
52-week high/low: $222.16 / $126.34

50/200 Day Moving Average: $165.67 / $161.41

The average stock price over the previous 50/200 days. For salesforce.com stocks, the 50-day moving average is the resistance level for now. For CRM stocks, the 200-day moving average is the resistance level today.

See the Detailed Predictions for CRM stock with charts and tables

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