Salesforce Inc's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 50 out of 485 in the Software & IT Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 324.31.In the medium term, the stock price is expected to trend down.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

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Salesforce, Inc. is an American cloud-based software firm based in San Francisco, California. The company offers applications focused on sales, customer service, marketing automation, e-commerce, analytics, artificial intelligence, and application development.
Founded by former Oracle executive Marc Benioff in March 1999, Salesforce experienced rapid growth and went public in 2004. As of September 2022, it ranks as the 61st largest company globally by market capitalization, valued at nearly US$153 billion. In 2022, it became the world's largest provider of enterprise applications. Salesforce ranked 120st on the 2024 Fortune 500 list, generating $31.352 billion in revenue. Additionally, since 2020, Salesforce has been included in the Dow Jones Industrial Average.
The current financial score of Salesforce Inc is 8.31, ranking 102 out of 485 in the Software & IT Services industry. Its financial status is stable, and its operating efficiency is average. Its latest quarterly revenue reached 10.26B, representing a year-over-year increase of 8.63%, while its net profit experienced a year-over-year increase of 36.61%.
The current valuation score of Salesforce Inc is 7.05, ranking 329 out of 485 in the Software & IT Services industry. Its current P/E ratio is 30.18, which is 3057.34% below the recent high of 952.79 and 3.46% above the recent low of 29.13.

The current earnings forecast score of Salesforce Inc is 7.96, ranking 194 out of 485 in the Software & IT Services industry. The average price target is 320.00, with a high of 405.00 and a low of 223.00.


Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Salesforce Inc is 6.76, ranking 208 out of 485 in the Software & IT Services industry. Currently, the stock price is trading between the resistance level at 257.84 and the support level at 208.52, making it suitable for range-bound swing trading.

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The current institutional shareholding score of Salesforce Inc is 7.00, ranking 146 out of 485 in the Software & IT Services industry. The latest institutional shareholding proportion is 85.34%, representing a quarter-over-quarter decrease of 0.11%. The largest institutional shareholder is The Vanguard, holding a total of 89.13M shares, representing 9.51% of shares outstanding, with 3.93% increase in holdings.

The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Software & IT Services domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Salesforce Inc is 8.13, ranking 47 out of 485 in the Software & IT Services industry. The company's beta value is 1.27. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets.