CRM Reiterated by Stephens & Co. — Price Target Maintained at $289
GuruFocus News
09/18/2026 08:36
Salesforce CRM Analyst Rating Update – October 2023
On October 17, 2023, Salesforce (CRM) received a rating update from Stephens & Co., maintaining an equal-weight rating with an unchanged price target of $289.00. This indicates a steady outlook for the company amidst fluctuating market conditions.
- GF Value™ verdict: Salesforce is currently 29.3% undervalued, with a GF Value™ of $343.60 compared to the current price of $242.85.
- GF Score™: 91/100, indicating strong overall performance.
- Insider activity shows a sell value of $1,172,740 over the last three months, suggesting cautious sentiment among insiders.
What’s Behind the Analyst Rating?
The recent rating from Stephens & Co. reflects a consistent view of Salesforce’s market position. Analyst Brett Huff’s equal-weight rating suggests that the stock is expected to perform in line with the market average, and the price target of $289.00 indicates confidence in the company’s ability to maintain its current trajectory. This stability is further supported by previous ratings from other analysts, with price targets ranging from $250.00 to $300.00, showcasing a consensus on the stock’s potential.
Salesforce Inc, a leader in customer relationship management CRM software, operates within the technology sector, specifically in the software industry. With a market capitalization of approximately $199.87 billion, Salesforce provides a comprehensive suite of cloud-based solutions that help organizations manage customer relationships effectively. The company’s Customer 360 platform integrates various functionalities, including sales, service, marketing, and analytics, making it a pivotal player in the enterprise cloud computing landscape.
Is CRM Overvalued or Undervalued?
According to GuruFocus, Salesforce’s GF Value™ is calculated at $343.60, which places the stock at a 29.3% undervaluation compared to its current price of $242.85. This significant margin of safety suggests that investors may have an opportunity to acquire shares at a price lower than their intrinsic value. The current P/E (TTM) ratio stands at 22.13x, which is substantially lower than its 5-year median P/E of 70.08x, indicating that the stock may be undervalued relative to its historical performance. For more details, visit the GF Value™ page.
What Does CRM’s GF Score™ Tell Us?
The GF Score™ is a comprehensive measure that evaluates a company’s financial strength, profitability, growth potential, valuation, and momentum. Salesforce’s GF Score™ of 91/100 highlights its strong financial health and growth prospects, with particularly high rankings in profitability and growth. Below is a summary of Salesforce’s GF Score™ metrics:
| Metric | Rating |
|---|---|
| GF Score™ | 91 |
| Financial Strength | 5/10 |
| Profitability | 9/10 |
| Growth | 10/10 |
| Valuation | 8/10 |
| Momentum | 5/10 |
Salesforce’s strengths lie in its exceptional growth and profitability rankings, which reflect its robust business model and market demand. However, the financial strength ranking of 5/10 suggests that there may be areas for improvement in terms of balance sheet stability.
For further insights, visit the CRM stock page.
What Are Gurus and Insiders Doing with CRM?
Currently, 19 gurus hold shares of Salesforce, with 9 adding to their positions and 9 trimming their holdings in recent quarters. This mixed activity indicates a cautious yet optimistic sentiment among institutional investors. Additionally, insider activity shows a sell value of $1,172,740 over the past three months, suggesting that insiders may be taking profits or reallocating their investments.
What This Means for Investors
In conclusion, Salesforce CRM presents a compelling case for investors, with its current undervaluation and strong GF Score™ indicating potential for future growth. The mixed signals from guru and insider activities suggest a cautious approach is warranted, but the overall outlook remains positive. For more detailed analysis, check out the CRM stock page.
Frequently Asked Questions
What is CRM’s GF Score™?
CRM’s GF Score™ is 91/100, indicating strong overall performance in terms of financial health, growth potential, and valuation.
CRM is currently 29.3% undervalued, with a GF Value™ of $343.60 compared to its current price of $242.85.
What do analysts recommend for CRM?
Analysts have maintained an equal-weight rating on CRM, with a price target of $289.00, reflecting a stable outlook for the stock.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Disclosures
I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.
