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Northland Lowers PT on Salesforce (CRM) Stock
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Salesforce, Inc. (NYSE:CRM) is one of the Most Undervalued Stocks to Buy According to Analysts. On March 10, Northland analyst Nehal Chokshi reduced its price objective on Salesforce, Inc. (NYSE:CRM)’s stock to $229 from $267, while keeping a “Market Perform” rating. As per the analyst, the company reported its Q4 2026 cRPO of $35.1 billion, reflecting a rise of 16.2% YoY. Notably, it was still below the key 10% – 12% levels, considering 9% growth on a constant currency organic basis. This is arrived after deducting 4% revenue growth due to the Informatica acquisition. While the firm trimmed its valuation multiple, it also highlighted that the $50 billion debt-funded buyback announcement is a positive move. In a different update, Salesforce, Inc. (NYSE:CRM)’s Q4 2026 subscription & support revenue came in at $10.7 billion, reflecting a rise of 13% YoY and 11% in constant currency, including the $388 million Informatica contribution. The company expects revenue of between $45.8 billion – $46.2 billion in FY 2027, reflecting a rise of 10% – 11% YoY and in constant currency, including ~3pts contribution from Informatica. Salesforce, Inc. (NYSE:CRM) focuses on developing cloud-based customer relationship management software that includes solutions for sales, service, marketing, commerce, and analytics, as well as AI, automation, and data tools to assist businesses in managing client interactions. 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. READ NEXT: 10 Best FMCG Stocks to Invest In According to Analysts and 11 Best Long-Term Tech Stocks to Buy According to Analysts. Disclosure: None. Follow Insider Monkey on Google News.