Salesforce, Inc. (NYSE: CRM) is a leading cloud-based software company specializing in customer relationship management (CRM) solutions. It offers tools for sales, service, marketing, and analytics, helping businesses enhance customer engagement and streamline operations globally.
Key Takeaways:
- Salesforce’s stock price is expected to show steady growth over the coming decades.
- Technological advancements and market expansion will likely drive the company’s value.
- Long-term investors may find Salesforce an attractive option for portfolio growth.
Overview of Salesforce, Inc.
Salesforce was founded in 1999 by Marc Benioff, Parker Harris, Dave Moellenhoff, and Frank Dominguez. The company revolutionized the software industry by introducing cloud-based CRM solutions.
Salesforce has strategically expanded its portfolio through key acquisitions. The company’s largest purchase was Slack for $27.7 billion in 2021, followed by Tableau for $15.7 billion in 2019. These moves significantly bolstered Salesforce’s capabilities in workplace communication and data analytics.
Other notable acquisitions include MuleSoft ($6.5 billion), Demandware ($2.8 billion), and ExactTarget ($2.5 billion). These purchases have allowed Salesforce to enhance its offerings in areas such as application integration, e-commerce, and digital marketing, solidifying its position as a comprehensive enterprise software provider.
Salesforce, Inc. Company Profile
| Country | United States |
| Ticker Symbol | CRM |
| Exchange | New York Stock Exchange (NYSE) |
| Founded | 1999 |
| IPO Date | 2004 |
| Industry | Information Technology |
| Sector | Computers and Communication |
| Employees | 72,682 |
| CEO | Marc Benioff |
| Market Cap (August 28, 2024) | $250.87 billion |
| Website | Salesforce |
Salesforce, Inc. (CRM) Balance Sheet Analysis
Salesforce’s 2024 balance sheet shows a strong financial position. Total assets reached $99.8 billion, up slightly from $98.8 billion in 2023. Total liabilities decreased to $40.2 billion from $40.5 billion the previous year, indicating improved debt management.
The company’s equity grew to $59.6 billion, reflecting an increase in shareholder value. Working capital saw a significant boost, rising to $2.4 billion from $504 million in 2023, suggesting improved liquidity and short-term financial health.
Total debt decreased to $12.6 billion from $14.1 billion, while net debt dropped substantially to $954 million from $3.6 billion in 2023. This reduction in debt levels points to a more conservative financial strategy.
Notably, Salesforce’s net tangible assets more than doubled to $5.7 billion from $2.7 billion in 2023. This growth in tangible assets indicates increased real value in the company’s balance sheet, potentially providing a stronger foundation for future growth.
Balance Sheet Data Source: finance.yahoo
Salesforce, Inc. Stock Price History
Salesforce, Inc. (NYSE: CRM) had its IPO in the year 2004. Salesforce (CRM) has had one stock split in its history, occurring on April 18, 2013. It was a 4-for-1 split, meaning one pre-split share became four shares afterward.1
As of August 28, 2024, the stock price stands at $258.90.
CRM Stock Price Forecast 2024
We expect the stock to continue its upward trend throughout the year.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2024 | $245.00 | $275.00 | $330.00 |
Our forecast suggests a potential growth of 6.22% from the current price to the average price for 2024.
Salesforce’s focus on AI-driven solutions is expected to drive growth in 2024. The company’s Einstein AI platform continues to gain traction among enterprise customers, enhancing productivity and decision-making processes. Additionally, Salesforce’s expansion into new markets and industries is likely to contribute to its stock performance, as the demand for integrated CRM solutions grows across various sectors.
CRM Stock Price Forecast 2025
In 2025, we anticipate Salesforce stock to build on its 2024 performance, driven by continued innovation and market expansion.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2025 | $280.00 | $316.25 | $379.50 |
This represents a projected growth of 15.00% from the 2024 average price to the 2025 average price.
The integration of blockchain technology into Salesforce’s product offerings is expected to be a key driver in 2025. This innovation could revolutionize data security and transparency in CRM systems, attracting more enterprise clients. Furthermore, Salesforce’s commitment to sustainability and ethical AI practices may enhance its brand value and investor appeal, potentially contributing to stock price growth.
CRM Stock Price Forecast 2026
As Salesforce continues to strengthen its market position, we expect the stock price to reflect this growth in 2026.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2026 | $322.00 | $363.69 | $436.43 |
The forecast indicates a potential increase of 15.00% from the 2025 average price to the 2026 average price.
In 2026, Salesforce’s expansion into emerging markets is likely to accelerate, particularly in Southeast Asia and Africa. This geographic diversification could provide new revenue streams and mitigate risks associated with economic fluctuations in established markets. Additionally, the company’s investments in edge computing solutions may enhance its competitive advantage in the IoT space, potentially driving stock value.
CRM Stock Price Forecast 2027
In 2027, we anticipate Salesforce to maintain its growth momentum.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2027 | $370.30 | $418.24 | $501.89 |
This projection suggests a growth of 15.00% from the 2026 average price to the 2027 average price.
Salesforce’s focus on vertical-specific CRM solutions is expected to bear fruit in 2027. By tailoring its offerings to industries such as healthcare, financial services, and manufacturing, the company could capture a larger market share and increase customer retention. The continued development of low-code and no-code platforms may also attract a broader customer base, potentially boosting revenue and stock performance.
CRM Stock Price Forecast 2028
As we move into 2028, our forecast indicates continued strong performance for Salesforce stock.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2028 | $425.85 | $481.00 | $577.20 |
We expect a potential increase of 15.00% from the 2027 average price to the 2028 average price.
The integration of advanced natural language processing (NLP) capabilities into Salesforce’s products could be a game-changer in 2028. This technology may significantly enhance customer service automation and data analysis, providing a competitive edge. Additionally, Salesforce’s efforts in quantum computing research might begin to yield practical applications, potentially opening new avenues for growth and innovation.
CRM Stock Price Forecast 2029
In 2029, Salesforce is likely to continue its upward trend, reflecting its strong market position and innovative offerings.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2029 | $489.73 | $553.15 | $663.78 |
This forecast represents a growth of 15.00% from the 2028 average price to the 2029 average price.
Salesforce’s expansion into digital twin technology could be a key driver in 2029. By creating virtual replicas of physical systems, the company may offer unprecedented insights and optimization capabilities to its customers. Furthermore, Salesforce’s continued focus on data privacy and compliance solutions could become increasingly valuable as global regulations evolve, potentially contributing to stock price appreciation.
CRM Stock Price Forecast 2030
As we enter a new decade, our 2030 forecast for Salesforce stock remains optimistic.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2030 | $563.19 | $636.12 | $763.34 |
We project a potential increase of 15.00% from the 2029 average price to the 2030 average price.
By 2030, Salesforce’s investments in augmented reality (AR) and virtual reality (VR) technologies may start to significantly impact its product offerings. These immersive technologies could revolutionize customer engagement and data visualization, potentially opening new revenue streams. As Salesforce expands its offerings, it may face increased competition from other enterprise software providers like ServiceNow, whose stock performance is also closely watched by investors.
CRM Stock Price Forecast 2031
In 2031, we expect Salesforce to continue its growth trajectory.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2031 | $647.67 | $731.54 | $877.85 |
This forecast indicates a growth of 15.00% from the 2030 average price to the 2031 average price.
Salesforce’s expansion into brain-computer interface (BCI) technologies could be a revolutionary development in 2031. While still in early stages, BCI integration with CRM systems might offer unprecedented levels of user interaction and data analysis. Furthermore, the company’s efforts in developing ethical AI frameworks may position it as a thought leader in responsible technology, potentially enhancing its brand value and stock performance.
CRM Stock Price Forecast 2032
Our 2032 forecast for Salesforce stock suggests continued strong performance and value appreciation.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2032 | $744.82 | $841.27 | $1,009.52 |
We anticipate a potential increase of 15.00% from the 2031 average price to the 2032 average price.
In 2032, Salesforce’s advancements in quantum encryption could provide a significant competitive advantage in data security. This technology may be particularly appealing to government and financial sector clients, potentially expanding Salesforce’s market share in these high-value industries. Additionally, the company’s investments in space-based cloud computing infrastructure could offer unique capabilities for global data management and analysis.
CRM Stock Price Forecast 2033
As we look towards 2033, our forecast for Salesforce stock remains positive, reflecting the company’s strong market position.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2033 | $856.54 | $967.46 | $1,160.95 |
This projection represents a growth of 15.00% from the 2032 average price to the 2033 average price.
Salesforce’s development of advanced predictive analytics powered by quantum computing could be a key driver in 2033. This technology may offer unprecedented accuracy in forecasting customer behavior and market trends, providing significant value to clients. Furthermore, the company’s expansion into biotechnology data management solutions could open new markets in the rapidly growing life sciences sector.
CRM Stock Price Forecast 2034
In 2034, we expect Salesforce stock to continue its upward trend.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2034 | $985.02 | $1,112.58 | $1,335.10 |
Our forecast suggests a potential increase of 15.00% from the 2033 average price to the 2034 average price.
By 2034, Salesforce’s integration of advanced robotics and automation into its CRM solutions could revolutionize customer service and data management. This technology may significantly enhance efficiency and reduce costs for clients, potentially driving increased adoption of Salesforce products. Additionally, the company’s efforts in developing sustainable, energy-efficient data centers could appeal to environmentally conscious investors and customers.
CRM Stock Price Forecast 2035
As we move into 2035, our projection for Salesforce stock remains optimistic, reflecting the company’s continued innovation and market leadership.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2035 | $1,132.77 | $1,279.47 | $1,535.36 |
We expect a growth of 15.00% from the 2034 average price to the 2035 average price.
In 2035, Salesforce’s advancements in neuro-linguistic programming (NLP) could significantly enhance its AI-driven customer interaction capabilities. This technology may enable more natural and effective communication between businesses and their customers, potentially driving increased demand for Salesforce’s products. This innovation could also influence the market position of other major players in the enterprise software space, such as SAP, whose long-term stock forecast reflects the dynamic nature of the industry.
CRM Stock Price Forecast 2036
Our 2036 forecast for Salesforce stock indicates continued strong performance and value appreciation.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2036 | $1,302.69 | $1,471.39 | $1,765.67 |
This projection represents a potential increase of 15.00% from the 2035 average price to the 2036 average price.
Salesforce’s development of advanced emotional AI could be a game-changer in 2036. This technology may enable businesses to better understand and respond to customer emotions, potentially revolutionizing customer service and marketing strategies. Additionally, the company’s investments in quantum-resistant cryptography could provide a significant competitive advantage as quantum computing becomes more prevalent.
CRM Stock Price Forecast 2037
As we look towards 2037, our forecast for Salesforce stock remains positive, reflecting the company’s strong market position and growth potential.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2037 | $1,498.09 | $1,692.10 | $2,030.52 |
We anticipate a growth of 15.00% from the 2036 average price to the 2037 average price.
In 2037, Salesforce’s advancements in holographic communication technology could transform remote collaboration and customer engagement. This immersive technology may offer new ways for businesses to interact with customers and partners, potentially driving increased adoption of Salesforce’s platforms. Furthermore, the company’s expansion into space-based data storage and processing could offer unique solutions for global enterprises.
CRM Stock Price Forecast 2038
In 2038, we expect Salesforce stock to continue its upward trend.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2038 | $1,722.80 | $1,945.92 | $2,335.10 |
Our forecast indicates a potential increase of 15.00% from the 2037 average price to the 2038 average price.
Salesforce’s integration of advanced biometric authentication into its CRM systems could be a key driver in 2038. This technology may offer unprecedented levels of security and personalization, potentially attracting more high-profile clients in sensitive industries. Additionally, the company’s efforts in developing AI-driven ecosystem management solutions could position it as a leader in sustainable business practices.
CRM Stock Price Forecast 2039
As we approach the end of the 2030s, our projection for Salesforce stock remains optimistic, reflecting the company’s continued innovation and market leadership.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2039 | $1,981.22 | $2,237.81 | $2,685.37 |
We expect a growth of 15.00% from the 2038 average price to the 2039 average price.
By 2039, Salesforce’s advancements in quantum machine learning could revolutionize data analysis and prediction capabilities. This technology may offer unprecedented insights into customer behavior and market trends, potentially providing a significant competitive advantage. Furthermore, the company’s expansion into neuro-technological interfaces could open new avenues for human-computer interaction in business applications.
CRM Stock Price Forecast 2040
Our 2040 forecast for Salesforce stock suggests continued strong performance and value appreciation.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2040 | $2,278.40 | $2,573.48 | $3,088.18 |
This projection represents a potential increase of 15.00% from the 2039 average price to the 2040 average price.
In 2040, Salesforce’s development of advanced nano-scale sensors integrated with its IoT platform could transform data collection and analysis. This technology may enable businesses to gather unprecedented levels of real-time data, potentially revolutionizing supply chain management and customer service. Such advancements could also impact related sectors, including human capital management, where companies like ADP are likely to see shifts in their stock predictions as they adapt to new technological paradigms.
CRM Stock Price Forecast 2050
Looking ahead to 2050, our long-term forecast for Salesforce stock remains highly optimistic, reflecting the company’s potential for continued growth and innovation over the next three decades.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2050 | $7,166.67 | $8,100.00 | $9,720.00 |
This long-term projection suggests a significant growth potential for Salesforce stock, with an average price target of $8,100 by 2050. This represents a substantial increase from the 2040 average price, reflecting our confidence in Salesforce’s ability to maintain its market leadership and drive innovation in the tech industry.
By 2050, Salesforce may be at the forefront of integrating advanced artificial general intelligence (AGI) into business processes. This technology could potentially automate complex decision-making and strategy formulation, revolutionizing how businesses operate. Furthermore, the company’s expansion into interplanetary communication and data management solutions could position it as a key player in the emerging space economy, opening up entirely new markets and opportunities for growth.
Conclusion
Our analysis of Salesforce, Inc. (NYSE: CRM) stock price forecast from 2024 to 2050 indicates a strong potential for long-term growth. We project the stock price to reach an average of $8,100.00 by 2050, representing a substantial increase over the 26-year period.
This growth is expected to be driven by several factors, including:
- Continuous innovation in CRM and related technologies
- Expansion into new markets and industries
- Strategic acquisitions and partnerships
- Increasing demand for cloud-based solutions
- Salesforce’s commitment to customer success and sustainability
FAQs
1. What is the future of CRM share price?
Based on our analysis, the future of Salesforce (CRM) share price looks promising. We project steady growth over the coming decades, driven by the company’s strong market position in the CRM industry, continuous innovation, and expansion into new markets. Our forecasts suggest an average price of $577.35 by 2030, with potential for further growth to $8,100.00 by 2050. However, it’s important to note that these are long-term projections and actual performance may vary due to market conditions and other factors.
2. What is the CRM share prediction for 2030?
For 2030, we predict Salesforce (CRM) stock to reach an average price of $577.35. This forecast is based on a compound annual growth rate of approximately 12.5% from 2024 to 2030. The growth is expected to be driven by Salesforce’s continued leadership in the CRM market, its focus on innovation, particularly in areas like artificial intelligence and cloud computing, and its expansion into new industries and markets.
3. What is the CRM 10 year outlook?
The 10-year outlook for Salesforce (CRM) stock appears strong. From 2024 to 2034, we project the stock price to grow from an average of $284.79 to $924.81. This represents a significant increase over the decade, reflecting our confidence in Salesforce’s ability to maintain its market leadership and drive innovation in the tech industry. Key factors contributing to this outlook include Salesforce’s robust product ecosystem, its strategic acquisitions, and the growing demand for digital transformation solutions across various industries.
4. Is CRM a buy, hold, or sell?
Based on our analysis of Salesforce’s current market position, growth potential, and long-term outlook, we believe CRM could be considered a “buy” for long-term investors. The company’s strong market leadership in the CRM space, consistent innovation, and strategic expansion plans suggest potential for continued growth.
5. Who are the major competitors of CRM?
The major competitors of Salesforce, Inc. (NYSE: CRM) include:
- Microsoft Corporation (MSFT) – Competes with Salesforce through its Dynamics 365 platform, offering CRM and ERP solutions.
- Oracle Corporation (ORCL) – Provides cloud-based CRM and enterprise software solutions, directly competing with Salesforce’s offerings.
- Adobe Inc. (ADBE) – Competes with Salesforce in digital marketing and customer experience management through its Adobe Experience Cloud.
- HubSpot, Inc. (HUBS) – Offers marketing, sales, and service software, catering to small and mid-sized businesses, competing with Salesforce’s lower-tier offerings.
- SAP SE (SAP) – A global provider of enterprise application software, including CRM and ERP solutions, competing with Salesforce’s CRM tools.
- ServiceNow, Inc. (NOW) – Provides cloud-based platforms for IT service management, customer service, and workflow automation, competing in areas adjacent to Salesforce’s offerings.
- Zoho Corporation (Private) – While not publicly traded, it competes with Salesforce in CRM, marketing automation, and productivity tools.
- Zendesk, Inc. (ZEN) – Specializes in customer service and engagement software, competing with Salesforce’s Service Cloud offerings.
- Workday, Inc. (WDAY) – Focuses on human capital management and financial management cloud solutions, overlapping with Salesforce in some enterprise solutions.
- Freshworks Inc. (FRSH) – Provides a suite of customer engagement software, targeting small to medium-sized businesses, competing with Salesforce in the lower market segment.
Disclaimer:
The stock price predictions provided herein are based on historical data, current market trends, and analysis. However, past performance does not guarantee future results. Stock markets are inherently volatile and subject to numerous economic, political, and market factors that can cause rapid and unpredictable fluctuations in stock prices. The information provided is for educational and informational purposes only and should not be construed as financial advice. It is strongly recommended that you consult with a qualified financial advisor before making any investment decisions. Invest responsibly and consider your individual financial situation, risk tolerance, and investment objectives before acting on any information provided.
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