Salesforce (CRM) trades at a depressed ~11x trailing FCF multiple, with a forward multiple of ~9.6x, reflecting SaaS-pocalypse fears and AI disruption concerns. CRM executed a massive $24.8B debt-funded buyback, reducing share count by over 10% in Q1 FY2027, signaling management conviction in undervaluation. Base-case annualized return is ~14% assuming no multiple change, with scenario analysis showing limited downside and upside potential of ~49% if multiples revert.
In the latest trading session, Salesforce (CRM) closed at $162.5, marking a -2.45% move from the previous day.
Jim Cramer used his July 9, 2026, CNBC Mad Dash segment to explain why Salesforce (NYSE:CRM | CRM Price Prediction) has been one of the most painful stocks to hold in enterprise software.
Salesforce Inc. (CRM) shares fell 2.5% on Thursday after KeyBanc downgraded the software company, citing concerns that its Agentforce artificial intelligence platform may take longer than expected to become a meaningful growth driver. The downgrade came despite Salesforce's strong position in enterprise software and follows the company's better-than-expected fiscal first-quarter results reported in late May.
KeyBanc downgraded Salesforce shares, citing doubts about the company's AI narrative.
KeyBanc analysts downgraded the software stock following checks and conversations with customers.
By July 8, Salesforce's (NYSE: CRM) 2026 market and business performance appears to have started getting reflected in the CRM stock price targets and ratings.
Salesforce (NYSE:CRM | CRM Price Prediction) and ServiceNow (NYSE:NOW) both just delivered results that reset the enterprise AI conversation.
CRM's Informatica integration boosts AI and data ARR, expanding Data 360 and Agentforce capabilities, and opening new cross-selling opportunities.
CRM's 5.8% pullback reflects broad software concerns, but Agentforce's growth, revenue acceleration and a discounted valuation support holding the stock.
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