Stock Forecast Based On a Predictive Algorithm | I Know First |salesforce Archives - Stock Forecast Based On a Predictive Algorithm

ADBE Stock Forecast: One of the Best Software Stocks Around: Earnings Growth Exceeded By 64.1%

This ADBE stock prediction article was written by Viktoriya Voronchuk – Financial Analyst intern I Know First.

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The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Long-running leadership in Customer Relationship Management or CRM has kept Salesforce the no. 2 in Enterprise Software-as-a-Service.
As of this year, Salesforce has 18.4% market share in the fast-growing CRM industry. The global CRM business was worth $40.2 billion last year. CRM is growing at 14.2% CAGR until 2027.
The recent launch of Work.com fortified Salesforce’s leadership in CRM. Work.com is a suite of tools that helps businesses safely re-open during this pandemic.
Salesforce.com is a certified high-growth company. Its 5-year revenue CAGR is 26.36%. The new normal of work-from-home, learn-from-home will further accelerate Salesforce growth.
I Know First has a very bullish one-year forecast score for Salesforce. My one-year price target for CRM therefore is $210.

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This CRM stock forecast article was written by Megan Gomberg, a financial analyst at I Know First.

Largest Acquisition of Tableau means more customers and connections for Salesforce
Revenue tops $13 billion in Q1 2019
Benioff has an eye for acquisitions, With Tableau as the largest thus far
I Know First remains bullish on a 12-month market trend forecast for CRMs stock supporting consensus