Salesforce, Inc. (NYSE:CRM) is one of the 15 AI Stocks Analysts Are Watching: Microsoft, Nvidia, and More.
One AI stock Wall Street is bullish on based on its depressed valuation, attractive margin profile, and robust cash flow is Salesforce, Inc. (NYSE:CRM). On June 18, Monness, Crespi, Hardt analyst Brian White upgraded the stock to “Buy” from Neutral and raised the price target to $200.
Salesforce has been the second-worst performing stock in the firm’s coverage universe in 2026, bearing a 41% decline. However, the firm believes this decline has creative an attractive entry point. Monness, Crispi, Hardt noted how Salesforce has been facing investor concerns related to AI and how it could weaken the outlook for traditional software companies.
Since reaching an all-time high in late 2024, Salesforce has plummeted 58% from its peak and we believe the stock’s valuation is now compelling.
The selloff, the firm believes, makes Salesforce valuation now compelling particularly due to its attractive profit margins, strong cash flow, and ongoing share repurchase program. The firm also pointed out to its progress in supporting customers transforming into agentic enterprises.
Salesforce, Inc. provides customer relationship management technology services. The cloud-based CRM company has gained popularity after it unveiled its AI-powered platform called Agentforce.
While we acknowledge the potential of CRM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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