I keep buying Salesforce (NYSE:CRM | CRM Price Prediction) because the crowd screaming “SaaSpocalypse” is looking at a stock chart while I am looking at a receipts book.
In the closing of the recent trading day, Salesforce (CRM) stood at $156.93, denoting a -3.72% move from the preceding trading day.
Many software stocks have been hit hard in 2026, including Salesforce CRM, Atlassian TEAM, and Workday WDAY. Performance has been weighed down by a huge wave of negative sentiment surrounding AI-related concerns, specifically that their future growth will get negatively impacted.
Investors looking for stocks in the Internet - Software sector might want to consider either Salesforce (CRM) or Adyen N.V. Unsponsored ADR (ADYEY).
Salesforce (NYSE:CRM | CRM Price Prediction) currently trades at $173.79, while the average Wall Street price target sits at $245.16.
CRM's faster AI growth, stronger earnings revisions and lower valuation give it a slight edge over ADBE in enterprise software.
Salesforce (CRM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Curative's CEO said the company canceled an annual $600,000 Salesforce bill. His company replaced the CRM with a tool that AI helped build in two months.
In the latest trading session, Salesforce (CRM) closed at $170.77, marking a -1.11% move from the previous day.
Salesforce stock has plunged by more than 50% from its December 2024 peak as concerns about its growth outlook have intensified. Its market capitalization has fallen from more than $347 billion to about $136 billion, and the selloff could continue as investors remain concerned about the company's strategy and long-term growth prospects.
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I keep hitting the buy button on Salesforce (NYSE:CRM | CRM Price Prediction) and I am not sorry about it.