Salesforce: Currently Overvalued And It Requires A Lot To Revert It (Downgrading To Hold)

Stephen LamThesis In my previous article about Salesforce, Inc, (NYSE:CRM), I assigned the stock a strong buy rating, explaining that even though the stock had rallied by 27% previous to that release, according to my valuation models, the stock still had a decent upside of 18.18%, from the stock price then of $252.6, if it adjusted to my fair price estimate of $299.1. Since then the stock has rallied by 20.18%. After updating my valuation model with the information from Q4 2024, I concluded that Salesfo ...