As Salesforce continues innovating and expanding its market presence, investors are eager to understand its future trajectory. Below, we explore Salesforce’s stock price predictions for 2024, 2025 and 2030 based on current trends, expert analysis and market conditions.
Current Overview of Salesforce Stock
Salesforce stock (NYSE: CRM) has experienced notable fluctuations throughout 2024. The stock rose to $315.96 in March, followed by a significant dip to $218.01, before rebounding to $263.52 after strong second-quarter results. One of the key drivers of this recovery was the acquisition of Zoomin, a move that has sparked bullish sentiment among investors. The company's continuous expansion into AI and partnerships with major industry players like Workday contribute to positive momentum.
Methodology for Stock Price Prediction
The methodology used for predicting Salesforce stock price incorporates various factors such as analysts’ forecasts, consensus price targets, projected earnings per share (EPS) and sales volume. Changes in leadership, such as Salesforce's CFO departure, have also been factored in, as these can influence investor confidence. Analysts derive consensus ratings and utilize historical performance, future growth estimates and market trends to project the stock’s value over different time frames.
Salesforce Stock Price Prediction for 2024
Salesforce stock is expected to end the year at approximately $285, reflecting a 10% increase year-over-year. Analysts predict a gradual rise in stock price throughout the year, with estimates suggesting it could reach $276.58 by midyear, followed by steady gains in subsequent months. The consensus among analysts is a "moderate buy" rating, with price targets ranging between $236 and $365, depending on market performance and Salesforce’s ability to maintain its growth trajectory.
Salesforce Stock Price Prediction for 2025
Looking ahead to 2025, Salesforce is forecast to continue its growth path. The stock price is expected to rise from $276.58 to $298 in the first half the year and close at $321 by year-end, representing a 16% increase. Analysts have issued varied ratings, some recommending it as a "buy" while others suggest holding the stock. The consensus price target is expected to be around $305, supported by the company’s ongoing innovations and potential growth in cloud computing and AI sectors.
Salesforce Stock Price Prediction for 2030
The long-term outlook for Salesforce stock indicates a substantial growth trajectory leading up to 2030. Analysts project a 105% increase from 2026 to 2030, with the stock expected to hit significant price milestones during this period. For 2026, Salesforce stock could see strong gains, with prices continuing to rise over the following years. While the forecast for 2030 suggests strong growth, long-term predictions come with uncertainty and analysts often urge caution when considering such projections due to potential shifts in market dynamics and unforeseen challenges.
Is Salesforce Stock Right For You?
When evaluating Salesforce stock, potential investors should consider several factors. The company's recent performance, strong earnings and AI-driven growth provide a solid foundation for optimism. Its partnerships with companies like Workday and upcoming initiatives such as AgentForce, showcased at DreamForce, indicate further potential for expansion. Concerns about Salesforce’s revenue growth guidance could impact the stock’s future performance. Investors should weigh the stock’s short-term gains against longer-term uncertainties to determine if it aligns with their financial goals.
Agree with these predictions? Trade futures on this stock with Plus500 in the US and CFDs internationally. Sign up now for a $200 bonus.*
Frequently Asked Questions
Is Salesforce a buy hold or sell?
Salesforce is currently rated as a “moderate buy” by analysts, reflecting optimism for its future performance.
What is the stock price prediction for Salesforce in 2025?
Salesforce is predicted to reach around $321 by the end of 2025, representing a 16% increase from current levels.
Does Salesforce have a future?
Salesforce is positioned for continued growth. Its focus on AI, cloud computing and strategic partnerships offers strong long-term potential.
* Plus500 is a Benzinga Partner and the promotion of this offer was sponsored by the Partner. This does not impact the content at all.