Stocks
Salesforce Stock Price Soars on Strong Q1 Results
Salesforce (NYSE:CRM) has seen its stock price drop this year due to various factors, including a rough Q1 FY27. However, with recent quarterly results showing strong revenue growth and earnings per share beating consensus by 24.08%, the setup into year end is compelling.
The company's Agentic AI pivot has been convincing the market that it's substantive. With Agentforce ARR compounding at triple digits, Salesforce's shares have seen a 12.44% rise in the last week alone.
Our proprietary model projects CRM to end the year at $258.69, implying a 40.58% upside over the next twelve months. This is based on factors such as Agentforce economics, aggressive buybacks, and a compressed multiple.