<div id="readability-page-1"><div><p>Salesforce (CRM) stock is back in focus after a series of AI driven wins, including a new Moderna partnership, a Ribbon powered contact center rollout, and a US Air Force contract.</p> <p>See our latest analysis for Salesforce.</p> <p>Despite the AI partnerships and new U.S. Air Force work, Salesforce’s 1-day share price return of 3.54% to US$173.51 sits against a weaker backdrop, with the share price return down 31.59% year to date and the 1-year total shareholder return falling 39.96%. This points to sentiment that has yet to fully recover.</p> <p>If Salesforce’s AI push has your attention, it can also be useful to see what else is moving in the space by scanning 31 AI small caps.</p> <p>With Salesforce’s stock down sharply over the past year yet trading at what some analysts view as a discount to their targets, the key question for you is simple: is there real value here or is the market already pricing in future growth?</p> <h2>Most Popular Narrative: 22.5% Undervalued</h2> <p>Salesforce’s most followed narrative points to a fair value of $223.99 per share, compared with the last close at $173.51, setting up a clear valuation gap for investors to weigh.</p> <blockquote> <p><em>I believe that AgentForce will replace interactive chatbots at a higher price.</em></p> <p><em>CRM has a wide competitive advantage against AI peers because it can train models on customer data.</em></p> </blockquote> <p>Read the complete narrative.</p> <p>There is a detailed playbook behind that $223.99 fair value. It leans heavily on durable revenue growth assumptions, stronger profitability, and a richer earnings multiple than the market is currently assigning.</p> <p><strong>Result: Fair Value of $223.99 (UNDERVALUED)</strong></p> <p>Have a read of the narrative in full and understand what's behind the forecasts.</p> <p>However, this undervalued story can come under pressure if Salesforce’s acquisition spending weighs on free cash flows or if competition erodes its enterprise CRM edge.</p> <p>Find out about the key risks to this Salesforce narrative.</p> <h2>Next Steps</h2> <p>If this mix of caution and optimism feels familiar, now is the time to look at the numbers yourself and pressure test the narrative. To see what the market is currently rewarding, review the 4 key rewards</p> <h2>Looking for more investment ideas?</h2> <p>If Salesforce has you thinking harder about where your money works hardest, do not stop here. Some of the most interesting opportunities sit just beyond your current watchlist.</p> <ul> <li>Target quality at a discount by scanning companies flagged as 51 high quality undervalued stocks before fresh attention pushes prices closer to fair value.</li> <li>Prioritise resilience and sleep easier at night by focusing on 66 resilient stocks with low risk scores that may hold up better when sentiment turns.</li> <li>Get ahead of the crowd by searching through a screener containing 21 high quality undiscovered gems before they attract wider coverage and heavy inflows.</li> </ul> <p><em> This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data         and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.</strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your         financial situation. We aim to bring you long-term focused analysis driven by fundamental data.         Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.         Simply Wall St has no position in any stocks mentioned.</em></p><div><h3><strong>New: </strong>Manage All Your Stock Portfolios in One Place</h3><p>We've created the <strong>ultimate portfolio companion</strong> for stock investors, <strong>and it's free.</strong></p><p>• Connect an unlimited number of Portfolios and see your total in one currency<br/>• Be alerted to new Warning Signs or Risks via email or mobile<br/>• Track the Fair Value of your stocks<br/></p><p>Try a Demo Portfolio for Free</p></div></div></div>

CRMG

<p>Salesforce (CRM) stock has gained attention following AI-driven partnerships and a US Air Force contract, with a recent share price of $173.51. Despite a year-to-date decline of 31.59%, analysts suggest a fair value of $223.99, indicating potential undervaluation. However, risks include acquisition spending and competition affecting its market position. Investors are encouraged to explore additional opportunities in undervalued stocks and resilient companies.</p>

Simplywall

Salesforce (CRM) Valuation Check As New AI Deals And Air Force Contract Lift Market Interest