What Do Analysts Think About Salesforce, Inc. (CRM)?

Salesforce, Inc. (NYSE:CRM) is one of the most promising future stocks to buy now. Stifel Nicolaus reaffirmed a Buy rating on Salesforce, Inc. (NYSE:CRM) on February 5, setting a price target of $300. Salesforce, Inc. (NYSE:CRM) also received a rating update from Piper Sandler on February 2, which adjusted the price target to $280 from $315 and maintained an Overweight rating on the shares.

The rating update came after a transfer of coverage, with the firm downgrading three names and cutting price targets across the platforms and apps domain. It stated that “seat-compression and vibe coding narratives could set a ceiling on multiples”. The firm did not make a call on the Q4 reports, and instead has mixed views on the software space, even with share declines in the past 12 months.

Piper anticipates continued “pessimism” around software, and recommended that investors should focus on the hyperscaler, consumption, and vertical sub-sectors, with Microsoft and ServiceTitan being its top picks.

Salesforce, Inc. (NYSE:CRM) designs and develops cloud-based enterprise software for customer relationship management. Its solutions encompass customer service and support, sales force automation, digital commerce, marketing automation, collaboration, community management, industry-specific solutions, and salesforce platforms. It also offers training, guidance, support, and advisory services.

While we acknowledge the potential of CRM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.