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Research Alert: CFRA Maintains Strong Buy Opinion On Shares Of Salesforce Inc.
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Research Alert: CFRA Maintains Strong Buy Opinion On Shares Of Salesforce Inc.
Sep 4, 2025 6:00 AM

08:35 AM EDT, 09/04/2025 (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 lower our 12-month target to $300 from $375, on a P/E of about 21.3x our CY 27 EPS view of $14.13, a deep discount to historical averages. After posting solid Jul-Q results, we raise our FY 26 (Jan.) EPS estimate to $11.35 from $11.30 and hold FY 27 at $12.58. We start FY 28 EPS at $14.13. While conservative guidance provides ammo to pound the table on the view that AI is eating software, we still see CRM as a potential winner within the SaaS turmoil and view its valuation as highly enticing (about 17x our CY 27 EPS). We believe that AI will be an extension of CRM's SaaS offerings, not a replacement given its access to enterprise data and solutions. A positive takeaway on the call was that the 60% seq. increase in customers who have gone from pilot to production for its Agentic AI offering, expanding use cases/scaling. We expect CRM's Agentic enterprise applications to reap considerable productivity improvements/savings that will pave the way toward better monetization/pricing (rising competition a risk).

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