Salesforce stock forecast highlights solid demand for analytics and customer service automation. Key driver includes the Einstein AI platform, with expected 20% uptake among existing clients, improving cross-selling opportunities. It has been about a month since the last earnings report for Salesforce.com (CRM). Shares have lost about 2.1% in that time frame, underperforming the S&P 500. To help drive growth, Salesforce has also been acquisitive. While we do not believe acquisitions have been transformative, the company has certainly executed some larger transactions in order to help establish an immediate or larger presence with a particular solution. Investors have been concerned at times about rich valuations and organic growth prospects, as was the case with the Slack, Tableau, and MuleSoft acquisitions over the last several years. We believe the company is likely to continue to make acquisitions but has pulled back from larger deals. In these situations, valuation and integration will remain risks. Salesforce stock forecast uses forward P/E ratio of 26, slightly above industry median, justified by strong double-digit revenue growth. Traders eye this as a premium growth stock within SaaS equities.
