Stocks

Cantor Fitzgerald Reaffirms Salesforce Overweight Rating Amid AI Growth Prospects

Guavy AI Editorial Team Published August 21, 2026

Instruments

CRM

Cantor Fitzgerald has reaffirmed its Overweight rating on Salesforce.com (CRM) and maintains a price target of $250.00 per share. The investment firm believes the stock is undervalued, with a PEG ratio of 0.6 according to InvestingPro analysis.

The company's performance has underperformed the broader software sector this year, down 19% year-to-date compared to a 20% gain in the EMCLOUD index and a 12% rise in the overall market. However, since Salesforce's first-quarter fiscal 2027 earnings on May 27, the stock has risen 16%, while EMCLOUD has gained 38% over the same period.

Cantor Fitzgerald attributes this underperformance to market skepticism about Salesforce's ability to accelerate growth in the second half of the fiscal year and concerns about its exposure to AI disruption as a horizontal SaaS platform. However, the firm expects Salesforce to capture a meaningful share of next-generation agentic workflows as a key system of record.

Cantor Fitzgerald Reaffirms Salesforce Overweight Rating Amid AI Growth Prospects

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