NYSE:CRM
210.76
5.43
(2.64%)
Salesforce.com, Inc. is an American cloud computing company headquartered in San Francisco, California.
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SalesForce.com Inc.
CRM-N
Analysis and Opinions about CRM-N
Signal
Opinion
Expert
BUY
BUY
TOP PICK
TOP PICK
February 16, 2021
Doesn't get loved like Google or Microsoft. They were chastised for buying Slack at a high price, so the share price consolidated, but in recent weeks CRM has broken out. CRM will continue to deliver and move up to $300 with 20% upside relatively soon. (Analysts’ price target is $274.62)
BUY WEAKNESS
BUY WEAKNESS
January 27, 2021
They've bought a lot of businesses, including Slack. How will they integrate it? Some integrations haven't worked. To compete with Micorsoft in teams and office products, CRM needs to acquire more businesses in coming quarters and even years. This is the big point. The stock may be volatile. That said, CRM has grown very aggressively in recent years. He expects a pullback in coming quarters due to hiccups in acquisitions.
They've bought a lot of businesses, including Slack. How will they integrate it? Some integrations haven't worked. To compete with Micorsoft in teams and office products, CRM needs to acquire more businesses in coming quarters and even years. This is the big point. The stock may be volatile. That said, CRM has grown very aggressively in recent years. He expects a pullback in coming quarters due to hiccups in acquisitions.
BUY WEAKNESS
BUY WEAKNESS
January 26, 2021
Allan Tong’s Discover Picks CRM stock is good at buying and integrating companies, such as last month's purchase of the popular Slack platform for $27.7 billion. Salesforce revenues have doubled since 2017 and it's beaten or matched EPS in its last four quarters. So, why isn't Salesforce a screaming buy? The CRM stock's PE is 56x. To be fair, that's a lot better than 92.91x a quarter ago and certainly 200x a year ago. To compare to other tech stocks, Adobe trades at 43.75x and Microsoft at 36.66x. Read Hit and Misses: 5 Tempting Tech Stocks for our full analysis.
Show full opinionHide full opinionAllan Tong’s Discover Picks CRM stock is good at buying and integrating companies, such as last month's purchase of the popular Slack platform for $27.7 billion. Salesforce revenues have doubled since 2017 and it's beaten or matched EPS in its last four quarters. So, why isn't Salesforce a screaming buy? The CRM stock's PE is 56x. To be fair, that's a lot better than 92.91x a quarter ago and certainly 200x a year ago. To compare to other tech stocks, Adobe trades at 43.75x and Microsoft at 36.66x. Read Hit and Misses: 5 Tempting Tech Stocks for our full analysis.
DON'T BUY
DON'T BUY
December 17, 2020
He follows it, but the valuation doesn't make sense. Valuations may not matter in the short term, but at the end of the day they do. They need to generate cashflow earnings to justify the valuation, or the valuation needs to come down. Great company, but too expensive.
Show full opinionHide full opinionHe follows it, but the valuation doesn't make sense. Valuations may not matter in the short term, but at the end of the day they do. They need to generate cashflow earnings to justify the valuation, or the valuation needs to come down. Great company, but too expensive.
HOLD
HOLD
December 10, 2020
Leader in its category of customer management software. Great company, though not cheap.
Show full opinionHide full opinionLeader in its category of customer management software. Great company, though not cheap.
BUY
BUY
December 4, 2020
Investor day is coming this Tuesday. Contrary to the street, he thinks the Slack deal made sense. Slack products are terrific and SF needs them to go toe to toe with Microsoft. Slack is a serious company that just reported a fine quarter, though nobody paid attention. Salesforce has a good record in takeovers. The CEO knows what he's doing.
Investor day is coming this Tuesday. Contrary to the street, he thinks the Slack deal made sense. Slack products are terrific and SF needs them to go toe to toe with Microsoft. Slack is a serious company that just reported a fine quarter, though nobody paid attention. Salesforce has a good record in takeovers. The CEO knows what he's doing.
WEAK BUY
WEAK BUY
December 1, 2020
Great software company as we move to the cloud. Dominate their sector. A great hold. You could probably buy and hold and make money. He holds Twilio instead.
Great software company as we move to the cloud. Dominate their sector. A great hold. You could probably buy and hold and make money. He holds Twilio instead.
COMMENT
COMMENT
November 19, 2020
Owns Microsoft and entered back in March. You are getting the cloud, entreprise and other businesses. Likes the diversification and growth expectation. You are paying a premium 31x earnings but revenue growth is low double digits which is very good. CRM, you pay higher multiples than Microsoft. Prefers MSFT.
Owns Microsoft and entered back in March. You are getting the cloud, entreprise and other businesses. Likes the diversification and growth expectation. You are paying a premium 31x earnings but revenue growth is low double digits which is very good. CRM, you pay higher multiples than Microsoft. Prefers MSFT.
BUY
BUY
October 19, 2020
The CEO is doing a fantastic job and he's always liked it. He sees no change in its fortunes.
Show full opinionHide full opinionThe CEO is doing a fantastic job and he's always liked it. He sees no change in its fortunes.
BUY
BUY
September 30, 2020
This spring, they rolled out the successful Work.com, a suite of tools to help governments and business safely reopen from Covid. It then expanded to schools and now, announced today, to help health organizations safely manage/disseminate vaccines once we get one. Once we get a vaccine, we still have to get it to 300 million Americans, not easy.
Show full opinionHide full opinionThis spring, they rolled out the successful Work.com, a suite of tools to help governments and business safely reopen from Covid. It then expanded to schools and now, announced today, to help health organizations safely manage/disseminate vaccines once we get one. Once we get a vaccine, we still have to get it to 300 million Americans, not easy.
DON'T BUY
DON'T BUY
May 5, 2020
They have a moat, a durable advantage with a high-switching cost moat. This means that it would be a big hassle for a company to leave Salesforce and learn/train a new CRM elsewhere, even if that CRM is say 50% cheaper. He follows SF, but is expensive now. He also doesn't like their rising share count. CRM is merely okay, but pricey.
Show full opinionHide full opinionThey have a moat, a durable advantage with a high-switching cost moat. This means that it would be a big hassle for a company to leave Salesforce and learn/train a new CRM elsewhere, even if that CRM is say 50% cheaper. He follows SF, but is expensive now. He also doesn't like their rising share count. CRM is merely okay, but pricey.
BUY WEAKNESS
BUY WEAKNESS
March 5, 2020
Financial performance has been very good. But it's really expensive. If you can see that negative sentiment gives a better entry point, he'd take a closer look at it.
Show full opinionHide full opinionFinancial performance has been very good. But it's really expensive. If you can see that negative sentiment gives a better entry point, he'd take a closer look at it.
HOLD
HOLD
November 13, 2019
The king of software service, who lead the way in tech subscriptions. He has a 4.5% holding in his portfolio. Revenue continues to grow by over 10% consistently. He still seems them being able to extend their runway. His price target is $183.50.
Show full opinionHide full opinionThe king of software service, who lead the way in tech subscriptions. He has a 4.5% holding in his portfolio. Revenue continues to grow by over 10% consistently. He still seems them being able to extend their runway. His price target is $183.50.
DON'T BUY
DON'T BUY
March 12, 2019
Too high a multiple. She's watching it. Maybe buy when they stumble.
Show full opinionHide full opinionToo high a multiple. She's watching it. Maybe buy when they stumble.
SalesForce.com Inc.(CRM-N) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 8
Neutral - Hold Signals / Votes : 1
Bearish - Sell Signals / Votes : 2
Total Signals / Votes : 11
SalesForce.com Inc.(CRM-N) Frequently Asked Questions
What is SalesForce.com Inc. stock symbol?
SalesForce.com Inc. is a American stock, trading under the symbol CRM-N on the New York Stock Exchange (CRM). It is usually referred to as NYSE:CRM or CRM-N
Is SalesForce.com Inc. a buy or a sell?
In the last year, 11 stock analysts published opinions about CRM-N. 8 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for SalesForce.com Inc..
Is SalesForce.com Inc. a good investment or a top pick?
SalesForce.com Inc. was recommended as a Top Pick by Jim Cramer - Mad Money on 2021-03-01. Read the latest stock experts ratings for SalesForce.com Inc..
Why is SalesForce.com Inc. stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is SalesForce.com Inc. worth watching?
11 stock analysts on Stockchase covered SalesForce.com Inc. In the last year. It is a trending stock that is worth watching.
What is SalesForce.com Inc. stock price?
On 2021-03-05, SalesForce.com Inc. (CRM-N) stock closed at a price of $210.76.
Deferred revenues are a key metric and theirs is much better than expected. Fears of the Slack purchase holding back CRM stock is wrong. Their CEO is good at integrating big deals. This deal can lead to strong cross-selling potential