Salesforce Inc (CRM)

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What Does Salesforce, Inc.'s (CRM) Share Price Indicate?
By: Simply Wall St | May 12, 2022

Let's talk about the popular Salesforce, Inc. (NYSE:CRM). The company's shares saw significant share price movement during recent months on the NYSE, rising to highs of US$233 and falling to the lows of US$161. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether Salesforce's current trading price of US$161 reflective of the actual value of the large-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let’s take a look at Salesforce’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change.

What is Salesforce worth?

Great news for investors – Salesforce is still trading at a fairly cheap price. My valuation model shows that the intrinsic value for the stock is $266.01, but it is currently trading at US$161 on the share market, meaning that there is still an opportunity to buy now. Although, there may be another chance to buy again in the future. This is because Salesforce’s beta (a measure of share price volatility) is high, meaning its price movements will be exaggerated relative to the rest of the market. If the market is bearish, the company's shares will likely fall by more than the rest of the market, providing a prime buying opportunity...

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