Salesforce Remains Down Over 12 Months: This Wall Street Firm Doubled Down On Its Belief That 70% Returns Await Investors
Source: 24/7 Wall St. ·
Salesforce has bled out over 12 months while its enterprise software peers crater even harder, yet one Wall Street firm just planted a flag so far above current prices that it stands alone on the Street. The bull case hinges on a single AI product that either rewrites the CRM story entirely or confirms the market has been right to look away.
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Salesforce has bled out over 12 months while its enterprise software peers crater even harder, yet one Wall Street firm just planted a flag so far above current prices that it stands alone on the Street. The bull case hinges… This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Salesforce ( NYSE:CRM | CRM Price Prediction ) currently trades at $233.28, while the Wall Street consensus 12-month price target sits at $281.89. That gap works out to roughly 20.8% of implied upside from here. Salesforce is the default CRM platform for large enterprises. Its Agentforce agentic AI product is the central bull case. Wall Street is watching whether AI monetization can pull growth back into the mid-teens and justify a heavy multi-year investment cycle that includes the Informatica deal, pending Contentful and Fin closes, and a $25 billion accelerated share repurchase . A Slow Bleed With a Sharp Week at the…