What are Analysts Thinking of Salesforce (CRM) Following Fourth Quarter Fiscal 2026 Results?

Core Viewpoint - Salesforce, Inc. (NYSE:CRM) is facing significant pressure on its shares, with a 25% decline in 2026, amidst a broader 15% decline in software application stocks due to rising AI concerns. However, over 75% of analysts remain bullish, with a consensus price target indicating a potential upside of approximately 30% [2][3]. Group 1: Analyst Sentiment - Analysts express strong confidence in Salesforce, with over 75% maintaining a bullish outlook and a consensus price target of $257.50, suggesting a potential upside of around 30% [3]. - DA Davidson analysts noted that Salesforce's recent performance did not provide indicators to support a narrative of top-line reacceleration, highlighting weaknesses in marketing and commerce that offset strengths in sales and service [4]. - Mizuho and BMO Capital analysts provided mixed views on the company's fourth-quarter results, with Mizuho expecting improved performance in 2026, while BMO Capital noted a miss in revenue growth targets [5][6]. Group 2: Price Target Adjustments - DA Davidson reduced its price target for Salesforce from $235 to $200, while Citi raised its target from $197 to $200 following the earnings release [5]. - Mizuho adjusted its target down from $280 to $265, and BMO Capital cut its target from $235 to $225, indicating a cautious outlook for the stock in the short term [6]. Group 3: Company Overview - Salesforce, Inc. is a global enterprise software company specializing in customer relationship management (CRM) and cloud-based business applications, including sales, service, marketing, commerce, and data analytics [7].