Are Wall Street Analysts Bullish on Salesforce Stock?

Core Insights - Salesforce, Inc. is a cloud-based customer relationship management software company with a market cap of approximately $198.9 billion, utilizing AI tools to enhance customer data integration and intelligence [1] Stock Performance - Salesforce's stock has faced significant challenges, declining nearly 38.3% over the past 52 weeks, while the S&P 500 Index increased by 15.5% during the same period [2] - Year-to-date, Salesforce's stock is down 20.4%, contrasting with a modest 1.9% gain in the benchmark index [2] Sector Comparison - The State Street Technology Select Sector SPDR ETF has surged 25.9% over the past 52 weeks, indicating that Salesforce has lagged behind its sector due to concerns that AI may disrupt its legacy products rather than enhance them [3] Recent Performance and Financial Results - On December 3, 2025, Salesforce's stock rose by 1.7%, followed by a 3.7% increase after the release of its Q3 fiscal 2026 results [6] - Revenue for the quarter increased by 8.6% year-over-year to $10.26 billion, slightly below Wall Street's estimate of $10.27 billion [7] - Non-GAAP EPS rose by 34.9% year-over-year to $3.25, surpassing the consensus forecast of $2.86 [7] Future Outlook - Management has raised the fiscal year 2026 revenue guidance to between $41.45 billion and $41.55 billion, reflecting confidence in demand and the impact of AI-driven products [8] - Analysts project a diluted EPS of $8.92 for fiscal year 2026, indicating a year-over-year growth of 13.1%, with the company having exceeded EPS expectations in the last four quarters [9]