Citizens Maintains Bullish Stance on Salesforce Amid AI Pricing Shift

Salesforce.com (NYSE:CRM) has received a Market Outperform rating and $315 price target from Citizens analyst Patrick Walravens, citing strong value relative to growth prospects.

The optimism appears well-founded as 30 analysts have revised their earnings upwards for the upcoming period. The company's stock trades at an attractive PEG ratio of 0.39.

During a recent webinar on Q2 FY27 Product Adoption & Momentum, President and Chief Commercial Officer Bill Patterson discussed outcome-based pricing, stating that Salesforce will drive more outcome-based offerings in sales and across its platform.

Citizens views this approach as aligning incentives between Salesforce and its customers when appropriate. The firm said the approach demonstrates how Salesforce is evolving from a SaaS to an AI model.