Salesforce Stock Sees 48.76% Upside as Analysts Predict Premium Edition Adoption

Salesforce's stock price has dropped by double digits this year, but analysts at 24/7 Wall St. predict a significant upside of 48.76% to their target price of $348.23.

This comes despite the company's fiscal 2027 EPS consensus rising by 18%, with its Agentforce ARR surging 240%. Additionally, Salesforce's free cash flow yield stands at 7.48%, undercutting Microsoft's 1.75% FCF and 29x earnings multiple.

The key to reaching the predicted upside lies in the adoption of premium editions by Sales and Service workers, which could accelerate with AI product expansion. Currently, only 5% have made the switch to these higher-priced versions.