Core Viewpoint - Salesforce (CRM) stock is currently trading within a historical support range, showing potential for rebound based on past performance and current valuation metrics [2][3][4] Financial Performance - CRM is currently priced at $220, which is considered severely undervalued by 42.7% according to discounted cash flow (DCF) analysis [3] - The company is projected to achieve a free cash flow (FCF) margin of 44.9% by FY2026, indicating strong growth potential [3] - Recent stock performance has seen a decline of 32% over the past year, attributed to revenue guidance shortcomings and slower Sales Cloud growth [4] - Revenue growth has averaged 8.4% over the last twelve months (LTM) and 10.0% over the last three years, with a minimum annual growth of 8.4% during this period [10] - The stock trades at a price-to-earnings (PE) multiple of 29.1, reflecting its current valuation [10] Market Position and Sentiment - Analyst consensus remains a "Buy" with price targets around $325, despite recent declines [4] - Industry trends in AI-driven customer relationship management (CRM) and integration are favorable, with Salesforce leveraging technologies like Agentforce and Slackbot [4] - The prevailing market price reflects skepticism, yet the company's financial strength and market positioning suggest significant upward potential [4] Risks and Market Conditions - CRM has experienced significant declines in the past during market downturns, including a 70% drop during the Global Financial Crisis and a 59% decline during recent inflationary pressures [6] - Stocks can also decline in healthy markets due to events like earnings announcements or business updates, indicating inherent risks [7]

We recently published 15 Stocks on Jim Cramer’s Radar.  Salesforce, Inc. (NYSE:CRM) is one of the stocks on Jim Cramer's radar. Salesforce, Inc. (NYSE:CRM) is a customer relationship management software provider. Like other software stocks, the firm has also struggled. The shares are down by 30% over the past year and by 11% year-to-date. Wolfe Research discussed Salesforce, Inc. (NYSE:CRM)’s shares in mid-January. The research firm pointed out that the software company was experiencing tailwinds in its A ...

Core Insights - Salesforce's CEO Marc Benioff has shown an excessive fascination with AI, leading to significant layoffs of 4,000 employees, primarily in roles that require deep industry experience and customer understanding [6][10] - The company has since acknowledged that it overestimated AI's capabilities, particularly in handling complex customer service issues, resulting in decreased productivity and increased workload for remaining employees [8][10] - Salesforce is now shifting its AI strategy, moving from a dominant AI role back to a supportive role for employees, indicating a potential reversal of its previous approach [10] Group 1: Layoffs and AI Strategy - Salesforce laid off 4,000 employees, including administrators, consultants, and developers, due to a belief that AI could replace their roles [6] - The company is now facing challenges as AI has proven inadequate in managing customer service complexities, leading to a need for re-hiring previously laid-off staff [8][10] Group 2: Industry Trends and Insights - A report from Visier indicates that 5.3% of laid-off employees across 142 global companies were eventually re-hired, often with salary increases of 25% to 28% compared to a 4% increase for remaining employees [10] - Research from Oxford Economics suggests that only 4.5% of layoffs by 2025 will be genuinely due to AI, with many instances being regular economic layoffs framed as AI-driven [14] - Historical data shows that significant technological disruptions in the workforce typically take decades to manifest, rather than the short-term impacts often anticipated [14][17]

I've been covering Salesforce, Inc. ( CRM ) ( CRM:CA ) for many years and I've seen the company thrive through many acquisitions. I think it's totally fine as longAnalyst’s Disclosure: I/we have a beneficial long position in the shares of CRM:CA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is ment ...

【导读】特朗普改口，市场暴涨 中国基金报记者 泰勒 大家好，今晚好消息，涨跌全看特朗普，外围市场全线大涨了！ 一起看看发生了什么事情。 1月21日晚间，美股三大指数高开高走，道指涨约500点，纳斯达克指数涨超1%，标普500指数也涨超 1%。 尽管特朗普排除了军事行动，但他仍表示，他正在"寻求立即谈判，再次讨论由美国收购格陵兰的事 宜"。 特朗普还在达沃斯讲话中表示，他将要求国会落实其提出的10%信用卡利率上限方案。鉴于国会内部支 持不足，这一前景仍不确定。该表态推动美股银行股上涨。 此外，美国财长贝森特周三在达沃斯对记者表示，特朗普政府"并不担心"前一交易日的抛售。 分析师表示，关键不在于特朗普说了什么，而在于他没有说什么。"他没有重申对欧洲的关税威胁；他 没有说政府会动用武力夺取格陵兰；他也没有说要给信用卡利率设上限，而是让国会去做。这更像是在 降低实质内容的烈度，尽管风格仍然是典型的特朗普"。 摩根大通资产管理的Bob Michele表示，周二市场的抛售是在向特朗普政府传递信息：需要采取行动恢 复秩序，就像去年"解放日"关税扰动投资者之后，官员们所做的那样。 在特朗普对世界经济论坛表示他不会以武力收购格 ...

【导读】特朗普改口，市场暴涨 中国基金报记者 泰勒 大家好，今晚好消息，涨跌全看特朗普，外围市场全线大涨了！ 一起看看发生了什么事情。 1月21日晚间，美股三大指数高开高走，道指涨约500点，纳斯达克指数涨超1%，标普500指数也涨超1%。 在特朗普对世界经济论坛表示他不会以武力收购格陵兰之后，股市上涨，市场对这一问题的担忧缓解；此前该担忧曾扰动市场并引发资金 撤离美国资产。 特朗普在达沃斯的讲话中谈到，他认为美国在北约承担了财政和军事负担。以下这段话提振了股市： 特朗普还在达沃斯讲话中表示，他将要求国会落实其提出的10%信用卡利率上限方案。鉴于国会内部支持不足，这一前景仍不确定。该表 态推动美股银行股上涨。 此外，美国财长贝森特周三在达沃斯对记者表示，特朗普政府"并不担心"前一交易日的抛售。 分析师表示，关键不在于特朗普说了什么，而在于他没有说什么。"他没有重申对欧洲的关税威胁；他没有说政府会动用武力夺取格陵 兰；他也没有说要给信用卡利率设上限，而是让国会去做。这更像是在降低实质内容的烈度，尽管风格仍然是典型的特朗普" 。 摩根大通资产管理的Bob Michele表示，周二市场的抛售是在向特朗普政府传递信息 ...

Company Overview - Salesforce, Inc. (CRM) has a market cap of $206.2 billion and is a leader in customer relationship management technology, offering AI-powered solutions such as Agentforce, Data Cloud, Slack, Tableau, and industry-specific applications [1] Financial Performance - Analysts expect Salesforce to report an EPS of $2.14 for fiscal Q4 2026, reflecting a 3.6% decline from $2.22 in the same quarter last year, although the company has exceeded earnings expectations in the past four quarters [2] - For fiscal 2026, analysts predict an EPS of $8.92, which represents a 13.1% increase from $7.89 in fiscal 2025 [3] Stock Performance - Salesforce shares have decreased by 32.2% over the past 52 weeks, underperforming the S&P 500 Index, which gained 13.3%, and the State Street Technology Select Sector SPDR ETF, which returned 21.2% during the same period [4] - Following strong Q3 2026 results, Salesforce shares rose by 3.7%, with reported revenue of $10.26 billion and adjusted EPS of $3.25. The company also raised its full-year 2026 revenue guidance to between $41.45 billion and $41.55 billion, with significant growth in Agentforce and Data 360 ARR, which reached nearly $1.4 billion, up 114% year-over-year [5] Analyst Ratings - The consensus view among analysts on CRM stock remains bullish, with a "Strong Buy" rating overall. Out of 51 analysts, 36 recommend a "Strong Buy," 2 suggest "Moderate Buys," 12 recommend "Holds," and 1 advises a "Strong Sell." The average analyst price target for Salesforce is $331.25, indicating a potential upside of 50.5% from current levels [6]

Core Viewpoint - North Atlantic Titanium Corp. has successfully closed the final tranche of its upsized and oversubscribed non-brokered offering, raising a total of $1,250,000 to advance its Everett titanium project in Quebec and for general corporate purposes [1][2][4]. Fundraising Details - The offering consisted of 12,500,000 units at $0.06 per unit and 6,250,000 flow-through units at $0.08 per unit, with each unit including one common share and one warrant [2]. - The total gross proceeds from the offering are $1,250,000, which will be allocated for initial option payments, working capital, and exploration activities [2][4]. Use of Proceeds - Net proceeds from the sale of units will fund the initial option payment for the Everett titanium property, while proceeds from flow-through units will be used for surface exploration and metallurgical testing [4]. - The company plans to conduct diamond drilling at selected locations in the Everett oxide body upon permitting [4]. Insider Participation - Insiders subscribed for a total of 783,317 units, which is considered a related party transaction under Multilateral Instrument 61-101 [6]. - The company is relying on exemptions from certain requirements of MI 61-101 due to the participation not exceeding 25% of the market capitalization [6]. Finder's Fees and Advisory Fees - The company paid $24,963.20 in finder's fees and issued 416,053 finder's warrants as part of the final tranche [7]. - An advisory fee of $100,000 was paid to Research Capital Corp. through the issuance of 1,666,666 units on the same terms as the offering [8]. Company Overview - North Atlantic Titanium is focused on advancing the Everett titanium deposit in Quebec and holds interests in other projects, including the Sleeping Giant South project and potential agreements in China [13].

Core Viewpoint - Salesforce has experienced an 8-day decline, resulting in a total loss of -17% and a market capitalization decrease of approximately $44 billion, now standing at $209 billion [2]. Group 1: Stock Performance - The year-to-date (YTD) return for Salesforce is -13%, significantly underperforming compared to the S&P 500, which has a return of -0.9% [3]. - The current losing streak of Salesforce stock raises concerns among investors, contrasting with the performance of the Trefis High Quality Portfolio, which has shown strong performance relative to various indices [9][10]. Group 2: Causes of Decline - Concerns regarding the impact of AI on Software as a Service (SaaS) revenue have contributed to the stock's decline [4]. - An unusual spike in put option purchases indicates a bearish sentiment in the market, leading to continued institutional selling and a pessimistic outlook [9]. Group 3: Insider Activity - Director Neelie Kroes sold 3,893 shares of Salesforce, valued at approximately $929,259, which has diminished investor confidence [9]. Group 4: Valuation Perspective - Despite the recent decline, the stock's strong operating performance and financial health suggest it is fairly priced, warranting a reassessment of its valuation to identify potential investment opportunities or risks [5].

Summary of Global Software Conference Call Industry Overview - The software industry is experiencing a significant shift in focus from macroeconomic concerns to the disruptive rise of AI, with investor discussions centered around whether an AI bubble exists and the potential impact of AI on enterprise software [1][11][15]. Key Themes for 2026 - **Valuation Reset**: Software valuations have halved over the past year, creating opportunities for investors to acquire high-quality stocks at discounted prices [14][31]. - **IT Spending Outlook**: Recent CIO surveys indicate one of the strongest IT spending outlooks since 2018, with expectations for a stable macro environment and lower interest rates supporting demand, particularly among small and medium-sized businesses (SMBs) [3][13][23]. - **Generative AI Impact**: While Generative AI is a major topic, its actual revenue impact on software companies is still limited. Most companies are not yet seeing significant revenue from AI, and the focus is shifting towards company-specific opportunities [6][15][19]. Company Recommendations - **Buy Recommendations**: - **Oracle (ORCL)**: Strong core business with significant cloud transition and market share gains in IaaS/PaaS, driven by unique offerings [4][27]. - **Microsoft (MSFT)**: Durable business with multiple growth levers and a reset valuation, positioned well for AI monetization [4][27]. - **SAP (SAP)**: Consistent double-digit revenue growth and margin improvement, despite AI cycle noise [4][27]. - **HubSpot (HUBS)**: Attractive entry point with strong SMB market positioning and potential benefits from AI adoption [4][27]. - **Cautionary Recommendations**: - **Salesforce (CRM)**: Concerns over underperformance and potential reliance on acquisitions to drive growth [4][29]. - **Snowflake (SNOW)**: Long-term growth concerns due to market saturation and competitive pressures [4][30]. - **Workday (WDAY)**: Growth deceleration and investor skepticism regarding AI's impact on its business model [4][28]. Financial Metrics - **Valuation Comparisons**: - Adobe (ADBE): Adjusted P/E ratios have decreased significantly, with a current valuation of 12.0x for 2026E [5][32]. - Microsoft (MSFT): Current P/E at 27.5x for 2026E, reflecting a reset from previous highs [5][32]. - Oracle (ORCL): Trading at a 0.9x PEG ratio, down from 1.4x a year ago, indicating a significant valuation adjustment [32]. Macro Considerations - **Economic Environment**: The macroeconomic landscape is expected to stabilize, with potential benefits from deregulation and tax cuts in the U.S. impacting SMB spending positively [6][23]. - **AI Adoption Timeline**: Enterprise adoption of AI is anticipated to take longer than expected, with significant visibility likely not occurring until 2027 or 2028 [22][23]. Conclusion - The software sector is at a pivotal moment, with significant valuation resets providing investment opportunities. However, the actual impact of AI on revenue generation remains uncertain, necessitating a cautious approach to investment in this space. The focus should be on companies with strong fundamentals and clear growth trajectories amidst the evolving landscape of AI and macroeconomic conditions [1][14][19].