Added to YB: 2025-12-05
Pitch date: 2025-12-04
CRM [neutral]
Salesforce, Inc.
-26.01%
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 that connects companies and customers together worldwide.
Market Cap
$172.7B
Pitch Price
$250.43
Price Target
396.30 (+114%)
Dividend
0.90%
EV/EBITDA
13.92
P/E
24.61
EV/Sales
4.29
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)