Salesforce Inc (CRM)

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Salesforce (CRM) share price undervalued, promising future outlook
By: Investing | November 9, 2023

Shares of Salesforce Inc (NYSE:CRM) have experienced significant volatility on the New York Stock Exchange, with prices ranging from $196 to $225. The current trading price stands at $211, a figure that suggests the stock may be undervalued, given its intrinsic value of $351.35, as per a valuation model. This discrepancy between the current price and the intrinsic value has sparked discussions among investors and market analysts.

In addition to its intrinsic value, Salesforce's high beta suggests potential future price drops due to market volatility. However, this aspect could also provide investment opportunities for those willing to navigate the fluctuations.

Profits are projected to more than double in the near term, potentially leading to increased cash flows and a rise in share valuation. This anticipated growth is not fully reflected in the current share price, presenting an opportunity for existing shareholders to increase their holdings.

The company's capital structure also plays a role in its current undervaluation. The promising outlook for Salesforce isn't fully incorporated into the current share price, making it an attractive entry point for potential investors who have been tracking the company.

In summary, despite recent volatility and high beta indications, Salesforce's current share price appears undervalued considering its intrinsic value and promising future outlook. This situation presents potential opportunities for both existing shareholders and new investors.

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