CRM salesforce price target for year end 2021
By - whiskeynbeer2
> Based on current PE of crm it is trading at a 100 percent discount to it's 5 year average signaling a potential run to $400/ share is not out of the question.
Current P/E is 46.53. 30~ is common for *popular* growing software companies (and that could be a "bubble").
You believe CRM is "100 percent" undervalued and that their P/E should be 100? Wtf.
> How unrealistic are my expectations? Poke holes in my optimism.
Completely. You've given no justifications or explanation for anything. You've said your positions, not your beliefs, and then made some pie-in-the-sky projections baselessly.
I believe in CRM as a company and that's why I bought in at $142/share. I haven't added to my holdings since that first investment since the valuation is out of control. I feel like $190 or so is a lot more reasonable as far as share price goes.
Would I be happy if it went up to $400/share? Heck yes. Would I be shocked if it fell another $10-$20/share before continuing a more reasonable growth pattern? Not at all.
I’m new to Reddit, how do you quote specific portions of the post in your comment like that? Is it possible on mobile?
> how do you quote specific portions
\> how do you quote specific portions
> Like this:
Oh ok, I see. Thank you!
>Oh ok, I see. Thank you!
I’ve been wondering how to do that as well. Sorry needed to try it.
>You believe CRM is "100 percent" undervalued and that their P/E should be 100? Wtf.
I believe with their current PE at 20 something and it's 5 year average at 40 something is 100 percent discounted. Read better.
>You've said your positions, not your beliefs, and then made some pie-in-the-sky projections baselessly.
I didn't say I was going to list my beliefs or reasons why? I asked about the subreddits crm thoughts, based on their own info.
See you at 340 in October
Current p/e is like 26 . 5 year avg is like 43. I can get into acquisitions and free cash flow / eps vs peers but was looking for broad interpretations of what this forums thoughts were on crm over the next 12 months. Didn't think this forum would think my original post was meant as DD or anything remotely similar.
That being said, see you at 340 in October.
Their current pe isn't 26?
You're right it is 48. But it's 5 year avg is 102. Representing an even greater divergence than what I originally quoted
I did a DCF analysis on my blog ([http://tedinvests.com/posts/](http://tedinvests.com/posts/)) the other day and got an intrinsic value of $362. I don't think your calls are a bad move, just a bit risky.
Im been averaging down on CRM this entire month. Got my average cost to $221/share. This is the DD I like to hear
By no definition in the universe is this a "DD" of any kind.
DD means due *diligence*. That means assessing the best, middle, and **worse** case scenarios using facts, fundamentals, and paper testing your goals/aims.
The OP isn't even good *cheerleading*, since they state no even tenuous facts to support their ideas, it certainly isn't a freaking DD.
99% of DD on reddit = I like the stock + a couple numbers pulled out of thin air.
You and one other guy got so butt hurt over this post lol. I never claimed my post was dd or anything remotely close. It was a super general outline of my current position and one minor catalyst that, if corrected, could shoot the stock up around $400/ share by end of year and then a request for ppl to give their input. Not dd or cheerleading
dude you are an asshole
Somebody’s wife has a hung boyfriend 🤣