Based on the provided data and current market conditions, here's a comprehensive analysis for CRM's price movement in the next trading week:
Technical Analysis:
The stock is currently trading at $333.88 with RSI at 52.94, indicating a neutral momentum. The price is above both the 20-day MA ($329.74) and 200-day MA ($283.48), suggesting a long-term bullish trend but potential short-term consolidation.
News Sentiment and Catalysts:
Price Target Analysis for Next Week: Based on technical indicators and recent analyst actions:
Bullish Scenario ($345-350):
Bearish Scenario ($320-325):
Consolidation ($330-335):
Trading Recommendation: SELL Rationale:
Target Entry for New Positions: Consider buying at support levels around $320-325 for better risk/reward ratio.
The price of CRM is predicted to go up 12.34%, based on the high correlation periods with PHIO. The similarity of these two price pattern on the periods is 97.23%.
CRM
PHIO
Year
CRM Price Forecast($)
Potential Return(%)
2025
335.670
0.830
2026
450.000
35.180
2027
450.000
35.180
2028
500.000
50.200
2029
450.000
36.140
2030
550.000
66.400
Salesforce dominates salesforce automation but still only controls 30% in a highly fragmented market that continues to grow double digits each year, suggesting there is still room to run.
The company has added legs to the overall growth story, including customer service, marketing automation, e-commerce, analytics, and artificial intelligence.
Management is likely going to focus on expanding margins after years of subscale profitability.
TD Cowen
Price Target
$380 → $400
Upside
+23.24%
Guggenheim
Price Target
$247
Upside
-25.27%
Macquarie
Price Target
$370
Upside
+9.72%