Added to YB: 2025-12-05
Pitch date: 2025-12-04
CRM [neutral]
Salesforce, Inc.
-26.11%
current return
Author Info
@TechFundies has been a tech investor for over 20 years and ran a $1b hedge fund for 10 years. Follow on Twitter.
Company Info
Salesforce, Inc. provides customer relationship management technology services that connect companies and customers together in the United States, Europe, and the Asia Pacific.
Market Cap
$172.8B
Pitch Price
$250.43
Price Target
396.30 (+114%)
Dividend
0.94%
EV/EBITDA
13.75
P/E
24.00
EV/Sales
4.36
Sector
Software
Category
growth
$CRM quarter was fine – some good, some bad.
CRM (earnings): Q3 fine but sideways - sub revenue +9% YoY, AgentForce accelerating to $540M ARR (+330% vs last Q3). GAAP margin 24% expanding toward 40%+ target. Bull case: entrenched platform, agentic AI monetization, 20x CY26 GAAP EPS for mid-teens profit growth. Bear: big/clunky, AI competition from MSFT/GOOGL.
Read full article (3 min)