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Added to YB: 2026-04-07

Pitch date: 2026-04-04

CRM [bullish]

Salesforce, Inc.

-1.32%

current return

Author Info

HatedMoats identifies hated moats. I buy companies when the market panics. Contrarian investor focused on quality, value & long-term growth. Sign up for the newsletter.

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

$187.50

Price Target

382.00 (+106%)

Dividend

0.94%

EV/EBITDA

13.75

P/E

24.00

EV/Sales

4.36

Sector

Software

Category

value

Show full summary:
SalesForce: DCF Valuation

CRM: DCF values at $264/share vs $187 current (+41% upside), 29% margin of safety. Base case: 8.3% WACC, 2.5% terminal growth, EBIT margin 20%→30% by Y10. FY27 rev guide $45.8-46.2B (+10-11% incl ~3% from Informatica). Agentforce ARR $800M, Data Cloud+AI >$2.9B. Bear $171 (-9%), Bull $382 (+104%). Post-$25B ASR.

Read full article (13 min)