The cloud-based software company Salesforce (NASDAQ: CRM) has been having a bad year in 2026, expanding its total 12-month 33.03% drop with a 32.64% year-to-date (YTD) decline.
Software stocks plunged Thursday as investors grappled with the implications of increasingly capable AI models.
Salesforce (CRM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Salesforce (CRM) closed at $185.09 in the latest trading session, marking a -1.12% move from the prior day.
CRM demonstrates robust Agentic AI monetization, with Agentforce and Data 360 ARR reaching $2.9B (+107% QoQ/+200% YoY), supporting their double-digit growth targets through FY2030. This is on top of the consistently richer profit margins and expanding Free Cash Flow generation, with it triggering the rich Rule of 44% outperformance (revenue growth/FCF margin). The SaaSpocalypse selloff has triggered CRM's discounted FWD P/E of 14.02x and the consequently expanded upside potential to my bull-case long-term price target of $364.30.
CRM's Agentforce surges with 169% ARR growth and 29,000 deals, fueling AI momentum as Data 360 drives recurring revenue gains and growth outlook.
Marc Benioff wants you to rethink what Slack actually is. On a recent appearance on Mad Money with Jim Cramer, the co-founder and CEO of Salesforce (NYSE:CRM | CRM Price Prediction) made a striking claim about the messaging platform Salesforce acquired five years ago.
CRM bets big on Data 360 to revive growth, with AI-driven integrations and surging adoption fueling hopes for a stronger rebound.
Salesforce (CRM) reported earnings 30 days ago. What's next for the stock?
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.
Salesforce presents a compelling dip-buy opportunity as it aggressively repurchases shares amid strong growth and robust free cash flow. CRM's $50 billion buyback, including a $25 billion accelerated share repurchase funded by new debt, signals management's conviction in long-term value. The stock trades at just 14x FY27 consensus EPS, with buybacks set to reduce share count by over 10% and boost earnings.
CRM's margin gains from cost cuts and AI growth, but rising investments may slow future expansion momentum.