09:45 AM EDT, 05/28/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We keep our 12-month target price at $210, on P/E of 13.8x our CY 27 EPS view, well below historical/peer averages. We raise our FY 27 (Jan.) EPS to $14.09 from $13.19 and FY 28's to $15.18 from $14.77. While we note software headwinds (seat growth pressures, competitive dynamics, enterprise shift to AI Agents, and increasing competition from Anthropic/OpenAI's enterprise tools), we remain optimistic that CRM will successfully pivot to a more consumption-based, Agentic Enterprise model. Agentforce ARR has now reached $1.2B (+205% Y/Y), and combined AI and Data ARR has hit $3.4B (+200% Y/Y), as AI is moving from pilot to production at scale. The platform has delivered 3.8B Agentic Work Units (+111% Q/Q) and processed 28.6T tokens (+152% Q/Q), providing concrete evidence of customer adoption and value realization beyond just bookings. At less than 12x our CY 27 view, the current valuation is enticing, especially if CRM can manage to accelerate organic revenue growth later this year (not our base case though).