The analysis predicts a target price for Salesforce (CRM) stock to be between $300 and $320 within the next 12 months, based on forward price-to-earnings ratio of 22 and an EPS of $14.50, and the CRM will not reach the predicted price if the fail bound gets $240. It highlights that Salesforce is currently trading at a relatively low forward P/E ratio, comparable to January 2023 levels. The analysis assumes the company will deliver on estimated earnings per share. The analysis also notes that the market is currently unimpressed with Salesforce's AI strategy. The current price mentioned is $245.53.