Piper Sandler Cuts Salesforce, Inc. (CRM) Price Target to $250 from $280

Salesforce, Inc. (NYSE:CRM) is among the 11 Best Low Priced Growth Stocks to Buy Right Now.

On February 26, Piper Sandler lowered the firm’s price target on Salesforce, Inc. (NYSE:CRM) to $250 from $280 and maintained an Overweight rating. The firm noted that Q4 results narrowly exceeded consensus expectations; however, initial FY27 revenue growth guidance of 10.5% year-over-year came in modestly below Street expectations of approximately 11.1%. With investors intensely focused on the broader debate around AI-driven disruption and competitive positioning, Piper believes the slightly softer guide alone is unlikely to materially shift investor sentiment. That said, management reaffirmed its September Analyst Day expectations, highlighting strong bookings trends and improvements in customer attrition that are driving net new annualized recurring revenue (NNAOV) growth to outpace overall average order value (AOV) growth.

The same day, RBC Capital lowered its price target on Salesforce to $210 from $290 and maintained a Sector Perform rating. RBC described the quarter as decent overall, with revenue largely in line with consensus and Agentforce showing early signs of traction. However, the firm views the shares as “fully valued” at current levels and emphasized that the softer-than-expected forward guidance tempers enthusiasm. According to RBC, while AI product momentum remains an area of potential upside, the combination of valuation and moderated growth expectations supports a more balanced risk-reward outlook in the near term.

Founded in 1999 and headquartered in San Francisco, California, Salesforce provides a cloud-based customer relationship management platform designed to unify sales, service, marketing, and commerce functions. The company increasingly embeds AI and automation capabilities into its ecosystem to streamline workflows and enhance enterprise productivity across organizations of all sizes.

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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