This blog post has been going through a detailed analysis of Salesforce Stock Price Prediction from 2023 to 2060 with the help of advanced forecasting techniques.
With the help of this article, you will be able to make the appropriate decision to invest in the Salesforce company stock for a long ya short period of time.
Apart from this, we will also analyze the potential of Salesforce stock as suitable for the long-term investment perspective.
Before starting the forecasting of Salesforces stock price for individual years, knowing this company and its business is highly essential.
What is Salesforce Company
Salesforce company is a cloud company that provides customer relationship management (CRM) services in the business domain worldwide located in San Francisco, California.
Salesforce works mainly in sales, customer service, marketing automation, e-commerce, analytics, application development, etc.
This cloud-based company was founded by Marc Benioff, a formal Oracle employee, in 1999 as a software as a service (SaaS) with Parker Harris, Dave Moellenhoff, and Frank Dominguez.
Currently, millions of businesses get services from Salesforce company to management-related services like Commerce Cloud, Service Cloud, Data Cloud, Sales, Manufacturing, marketing cloud, etc.
On the last week of June 23, 2004, with an IPO price of $11, Salesforce was listed on the NYSE.
The platform of Salesforces permitted the developer to build new and business-useful add-ons and has helped the business owner to run their online business smoothly.
Apart from this, the Salesforce platform also supports and integrates with various third-party business applications.
After seeing the growth and its blasting financials, analyzing the stock forecast for the coming year till 2060 becomes necessary.
Financial Overview of Salesforce Stock
| Parameters Name | Value/Price |
|---|---|
| Current Stock Price | $229.44 |
| Salesforce Ticker Symbol | CRM |
| Market Cap | $221.37B |
| Enterprise Value | $220.47B |
| Price/Sales (TTM) | 7.02 |
| Enterprise Value/Revenue | 6.85 |
| Price/Book (MRQ) | 3.86 |
| Enterprise Value/EBITDA | 31.07 |
| 52 Week Low/High | $126.34/$230.95 |
| 50/200 Day Moving Average | $209.19/$173.56 |
| 52-Week Change | 16.87% |
| Official Website | Salesforce, Inc. |
Salesforce Stock Price Prediction 2023 to 2060
| Salesforce Stock Price Prediction Year | Minimum Stock Price | Maximum Stock Price |
|---|---|---|
| 2023 | $187.23 | $240.56 |
| 2024 | $218.97 | $264.61 |
| 2025 | $261.50 | $297.08 |
| 2026 | $297.56 | $326.79 |
| 2027 | $310.18 | $359.47 |
| 2028 | $372.03 | $403.41 |
| 2029 | $403.22 | $443.87 |
| 2030 | $465.55 | $510.40 |
| 2035 | $764.65 | $856.49 |
| 2040 | $1156.99 | $1206.24 |
| 2045 | $1436.27 | $1569.48 |
| 2050 | $1884.58 | $1936.51 |
| 2055 | $2105.77 | $2208.69 |
| 2060 | $2597.52 | $2687.41 |
Salesforce Stock Price Prediction 2023
With a 15% positive average growth in the last 52-week change in stock price, CRM’s stock price has successfully traded above $210 on the stock exchange.
In the last 20 years, Salesforce’s stock price has gained approximately 1800%, which is lovely growth and will continue.
As per the analysis of the Salesforce stock price, by keeping its past price history as ana bases, its price will reach the maximum mark of $240.56 and decline to the price mark of $187.23 in the same year.
| Salesforce Stock Price Prediction Year | Minimum Stock Price | Maximum Stock Price |
|---|---|---|
| 2023 | $187.23 | $240.56 |
Salesforce Stock Price Prediction 2024
Most well-street experts predict Salesforce stock will reach to a maximum of $264.61 with a yearly lowest price of $218.97 in 2024.
| Salesforce Stock Price Prediction Year | Minimum Stock Price | Maximum Stock Price |
|---|---|---|
| 2024 | $218.97 | $264.61 |
Salesforce Stock Price Prediction 2025
With time Salesforce improved the quality of its SaaS products and expanded its operation also.
After 2020, many businesses sifted their operation online with online mode. This change increased the sales of Salesforce products which facilitates the business for smooth running.
Apart from this, Salesforce also tries to expand its product or service in different segments of how to manage and run the business properly.
For the Salesforce stock price of 2025, many stock experts have positive sentiments becouse of its wonderful sales growth.
As per our analysis, there is a maximum chance to gain in the stock price of Salesforce and possibly to reach the expected price mark of $264.61. In the same scenario, its stock price also makes a downward trend till the lowest mark of $218.97 in 2025.
| Salesforce Stock Price Prediction Year | Minimum Stock Price | Maximum Stock Price |
|---|---|---|
| 2024 | $218.97 | $264.61 |
Salesforce Stock Price Prediction 2030
Presently, the company is mainly focused on expansion, and this work has been presented in the form of more than 60 acquisitions.
In the last 20 years, Salesforce company enhances its subsidiaries such as Quid, Heroku, MuleSoft, Demandware, Tableau Software, Acumen Solutions, and Slack Technology.
We can expect significant growth in the revenue of Salesforce stock investors’ wealth in 2030.
According to our technical analysis, Salesforce Stock Price in 2030 will cross the resistance barrier of $510.40.
In the same year and with inadequate market conditions, its stock will also record a decline in its price and start to return from the lowest price of $465.55.
| Salesforce Stock Price Prediction Year | Minimum Stock Price | Maximum Stock Price |
|---|---|---|
| 2030 | $465.55 | $510.40 |
Salesforce Stock Price Prediction 2040
If you have the patience to hold the CRM stock till 2040, then this stock will definetly make you a millionaire.
Our prediction indicates that this stock is a multi-bagger stock from a long terms investment point of view.
There would be many up and down in the Salesforce stock price that has been observed till 2040 due to fluctuating global market economy.
Many stock experts have performed in-depth analyses to predict CRM stock prices in the coming years.
The overall conclusion of their study shows a maximum price of $1206.24 with a minimum price limit of $1156.99 in 2040.
| Salesforce Stock Price Prediction Year | Minimum Stock Price | Maximum Stock Price |
|---|---|---|
| 2040 | $1156.99 | $1206.24 |
Is Salesforce Stock a good investment?
As per our analysis, Salesforce has good potential to grow in the coming future becouse it shows strong financial fundamentals.
This year its stock price will gain a considerable growth of 15% which represent the positive feeling of investors about Salesforce.
Apart from this, the company continues expanding its business and acquiring many company, which enhance the salesforce company value.
If the market economy condition moves in the expected path, then there would be great chances of getting a high return on the investment in CRM stock in the long term.
This stock will be beneficial for investors who are looking to invest in SaaS company stock and expect a large amount of profit.
FAQ
Where will Salesforce Stock be in 5 years?
After five years, in 2028 stock price of Salesforce company will fluctuate from $372.03 to $403.41.
Is Salesforce Stock an overvalued stock?
Salesforce is an IT company which have a current P/E ratio of 940 which is very high. Apart from this, our analysis also indicated its stock price is traded at a higher value than the expected value.
What is the Salesforce stock price in 2050
In 2050 stock price of Salesforce company will fluctuate from $1884.58 to $1936.51.
Also, read the following useful guides:
2 thoughts on “Salesforce Stock Price Prediction 2023-2060”