Salesforce Cratered 33% in 2026; One Analyst Sees Nearly 200% Upside

Salesforce (CRM) has fallen 34% year-to-date in 2026 despite five consecutive earnings beats, trading at $173.79. The decline is attributed to a sector-wide derating as enterprises shift software budgets toward AI infrastructure, with IBM's warning hitting CRM and peers like ServiceNow and Oracle. However, Wedbush analyst Dan Ives maintains a $475 price target, implying 173% upside, citing strong growth in Agentforce (ARR up 205% YoY to $1.2 billion) and Data Cloud. CRM trades at 13x forward earnings with 77% gross margins. Analysts are mostly bullish (40 buy ratings vs 2 strong sell), and management raised FY27 revenue guidance to $45.9-$46.2 billion with a $63 billion FY30 target. Insider buying has been net positive.

First published Aug 4, 02:55 PM UTCUpdated Jul 21, 04:30 PM UTC1 reports · 1 sources

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Salesforce Cratered 33% in 2026; One Analyst Sees Nearly 200% Upside

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Salesforce Cratered 33% in 2026; One Analyst Sees Nearly 200% UpsideYahoo FinanceWesternJul 21, 04:30 PM UTC

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