We recently published 17 Stocks Jim Cramer Talked About.  Salesforce Inc (NYSE:CRM) is one of the stocks that Jim Cramer talked about. Salesforce Inc (NYSE:CRM) is a customer relationship management software provider. The shares are down by 42% over the past year and by 25% year-to-date. Stifel reiterated a Buy rating and a $300 share price target on the firm in February. The financial firm outlined that Salesforce Inc (NYSE:CRM)’s Agentforce platform is the key to its performance. Stifel believes that Ag ...

Core Viewpoint - The recent decline in software stocks is viewed as a buying opportunity rather than a catastrophic event for the industry, according to Wedbush analyst Dan Ives [1][2]. Industry Overview - The current market sentiment is overly pessimistic, with fears of an impending disaster for software companies being exaggerated [3]. - Concerns about AI's impact on earnings growth, competition, and enterprise adoption have resurfaced amid the sharp market pullback, which is the worst since the "Liberation Day" crash [2]. Company Summaries Microsoft Corp. - Microsoft closed at $414.19, down over 12% year-to-date, with its future tied to Azure cloud growth and its partnership with OpenAI [8]. - Ives projects a price target of $575, believing Microsoft will be a core winner in the AI revolution [9]. Palantir Technologies, Inc. - Palantir's stock has decreased more than 16% year-to-date, closing at $139.54, as it focuses on data analytics and AI software for governments and enterprises [10]. - Ives sets a price target of $230, suggesting Palantir has the potential to reach a trillion-dollar market cap [11]. Snowflake, Inc. - Snowflake has experienced a significant sell-off, dropping over 23% year-to-date, closing at $165.29, amid increased competition in cloud-based data storage and analytics [12]. - Ives expects Snowflake to outperform with a target price of $270, emphasizing its role as a trusted layer for enterprise data [13]. Salesforce, Inc. - Salesforce is down more than 21% year-to-date, closing at $199.44, as it integrates AI tools into its customer relationship management software [14]. - Ives believes Salesforce remains well-positioned for long-term success with a price target of $375, highlighting its strong market opportunity [15]. CrowdStrike Holdings, Inc. - CrowdStrike closed at $415.36, down over 8% year-to-date, as it continues to address rising cybersecurity threats linked to AI and cloud adoption [16]. - Ives sets a price target of $600, asserting that CrowdStrike's position as a cybersecurity leader remains strong despite market challenges [18].

Core Insights - Salesforce, Inc. is recognized as one of the top agentic AI stocks to invest in, with a significant hedge fund sentiment reflected by 119 hedge funds holding stakes in the company as of Q3 [1] Group 1: Analyst Ratings and Price Targets - Morgan Stanley maintained an Overweight rating on Salesforce, adjusting its price target to $398 from $405, citing a recalibration after strong quarterly results, with adjusted EPS of $3.25 surpassing the consensus estimate of $2.86 [2] - Evercore ISI also kept an Outperform rating while lowering its target to $340 from $360, describing fiscal Q3 as solid with revenue in line and EPS ahead, highlighting momentum in Agentforce with over $500 million in annual recurring revenue [3] Group 2: Company Overview - Salesforce provides customer relationship management software and cloud-based applications that cover various business functions including sales, service, marketing, commerce, and analytics for enterprises globally [4]

Core Insights - Salesforce is expected to report rising revenue and profits in its upcoming quarterly earnings report [1] - Analysts predict a potential stock movement of up to 7% in either direction by the end of the week [1] Financial Performance - Projected adjusted earnings per share for Salesforce are $2.86, with a 9% year-over-year revenue increase to $10.28 billion for the third quarter [1] - The stock is currently around $235, with potential high and low targets of $251 and $218, respectively [1] Market Sentiment - Deutsche Bank analysts anticipate Salesforce will exceed estimates and raise its outlook, indicating the stock is undervalued due to "excessive negative sentiment" in recent quarters [1] - Despite a nearly 30% decline in stock value in 2025, the majority of analysts remain bullish, with 14 out of 18 recommending a "buy" [1] - The mean target price for Salesforce is approximately $310, suggesting a potential upside of around 32% from the recent close [1]

Core Viewpoint - Salesforce Inc. shares are currently undervalued, yet investor sentiment remains negative due to concerns over artificial intelligence impacting the company's growth prospects [1][6]. Financial Performance - Salesforce is set to report earnings, with a forecast of double-digit revenue growth in the coming years, but Wall Street remains skeptical about the impact of these results on the stock's cautious narrative [2][6]. - The company's stock price has dropped 30% in 2025, making it the second-worst performer in the Dow Jones Industrial Average and among the 25 worst in the S&P 500 Index [4]. - The market valuation of Salesforce has reached its lowest point since the company went public in 2004, trading at less than 19 times estimated earnings for the next 12 months, significantly below its 10-year average of 47 and the S&P 500's multiple of approximately 22 [5]. Investor Sentiment - Analysts indicate that a change in investor sentiment is necessary for the stock to regain attention, which will depend on stability and improvement in top-line growth [3]. - Despite Salesforce's optimistic forecast, concerns about AI-native companies reducing demand for its services and pricing power persist, which may hinder a turnaround in sentiment [6]. AI Product Development - Salesforce has introduced AI products like Agentforce, which automates certain workloads, but investors are not yet expecting significant financial contributions from these products, leading to doubts about the company's ability to compete in the AI landscape [7]. - There is interest in Agentforce/Data Cloud, but production remains limited, and analysts are awaiting wider rollouts and evidence of commercialization before becoming more positive on the stock [8].

Core Insights - Jim Cramer has recently expressed increased optimism about Salesforce, Inc. (NYSE:CRM) following his attendance at the Dreamforce conference, emphasizing the need for long-term faith in the company [2] - The current sentiment surrounding enterprise software is not very positive, which may delay analysts' reassessment of Salesforce's potential [2] - Major companies utilizing Salesforce's software, such as Dell, William Sonoma, FedEx, and Pepsi, have demonstrated improved revenue and reduced expenses, contributing to a 15% stock price increase [3] Company Overview - Salesforce, Inc. is an enterprise software company specializing in customer relationship management software [2] - The company is currently facing a challenging market environment, which may impact investor sentiment and stock performance in the short term [2] Market Context - The overall sentiment in the enterprise software sector is currently subdued, which could affect the perception of Salesforce's growth potential [2] - Despite the potential of Salesforce as an investment, there is a belief that certain AI stocks may offer better returns with lower risk [3]

Group 1 - Salesforce announced the acquisition of Informatica for $8 billion to enhance its capabilities in artificial intelligence [1][2] - The acquisition aims to integrate Informatica's data management services with Salesforce's Agentforce platform, focusing on creating autonomous and trustworthy AI agents [2] - The deal will be financed through a mix of cash from Salesforce's balance sheet and new debt [3]