Posted 2/27/2024, 10:02:00 AM
Salesforce Soars Over 6,700% Since IPO to Become Leading CRM Provider With Strong Growth and Customer Satisfaction
- Salesforce stock has skyrocketed over 6,700% since its IPO in 2004 to become a leading CRM software provider
- Strong fiscal Q3 2024 results with 11% revenue growth and 51% jump in adjusted earnings
- Ranked #1 software seller by G2 based on high customer satisfaction and presence across multiple markets
- Growth opportunities in data analytics and AI as top 2024 IT spending priorities
- Reasonable valuation at 8.5x forward sales despite dominance in CRM industry