Wall Street Analysts Predict a 34.02% Upside in Salesforce.com (CRM): Here's What You Should Know

Group 1 - Salesforce.com (CRM) shares have increased by 4.3% over the past four weeks, closing at $250.76, with a mean price target of $336.07 indicating a potential upside of 34% [1] - The average of 46 short-term price targets ranges from a low of $221.00 to a high of $430.00, with a standard deviation of $50.73, suggesting variability in analyst estimates [2] - Analysts are optimistic about CRM's earnings prospects, as indicated by a positive trend in earnings estimate revisions, which historically correlates with stock price movements [4][9] Group 2 - The Zacks Consensus Estimate for the current year has increased by 0.3% over the last 30 days, with four estimates moving higher and no negative revisions [10] - CRM holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates, indicating potential upside [11] - While consensus price targets may not be reliable for predicting stock gains, they can provide guidance on price movement direction [12]