Atlassian Falls 7%, Datadog Declines 2.3%, Salesforce Drops 4.1%, Microsoft Decreases by 1.7%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 day ago
0mins
Should l Buy CRM?
Source: moomoo
Atlassian's Performance: Atlassian's stock has decreased by 7%.
DataDog's Performance: DataDog's stock has fallen by 2.3%.
Salesforce's Performance: Salesforce's stock has dropped by 4.1%.
Microsoft's Performance: Microsoft's stock has declined by 1.7%.
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Analyst Views on CRM
Wall Street analysts forecast CRM stock price to rise
39 Analyst Rating
29 Buy
9 Hold
1 Sell
Moderate Buy
Current: 170.850
Low
223.00
Averages
326.40
High
405.00
Current: 170.850
Low
223.00
Averages
326.40
High
405.00
About CRM
Salesforce, Inc. is a customer relationship management (CRM) technology company. Its artificial intelligence (AI) powered Agentforce 360 Platform offers sales, service, marketing, commerce, collaboration, data management, integration, analytics, and information technology (IT) service solutions. It enables customers to build and deploy digital labor for employees and customers, leveraging autonomous AI agents across business functions. Its service offerings include Agentforce Sales, Agentforce Service, Agentforce 360 Platform, Slack and Others. The Agentforce Sales provides sales capabilities and tools built for organizations across prospecting, sales engagement, team collaboration, sales analytics and AI, sales programs, sales performance, partner management, and revenue and orders. The Agentforce Service provides field service solutions that enable companies to connect service agents, dispatchers and mobile employees through platform to schedule, dispatch and manage jobs.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Varonis Systems Shares Drop 6.7% Following UBS Downgrade of ServiceNow
- Stock Volatility: Varonis Systems shares fell 6.7% in the afternoon session, driven by a UBS downgrade of ServiceNow that triggered panic among investors, highlighting concerns over AI-driven automation potentially undermining demand for traditional enterprise software.
- Market Overreaction: Varonis has experienced 16 moves greater than 5% over the past year, and today's decline indicates that the market considers this news significant, yet it does not fundamentally alter perceptions of the company's business.
- Increased Competitive Pressure: The rise of AI-native competitors and 'vibe coding' startups poses a threat to the per-seat revenue models of giants like Salesforce and Adobe, intensifying the competitive landscape for traditional software providers.
- Declining Long-term Returns: Varonis has dropped 37.2% year-to-date, trading at $20.12 per share, which is 68.2% below its 52-week high of $63.31, meaning that investors who bought $1,000 worth of shares five years ago would now see their investment reduced to only $373.27.
See More
Procore Technologies Shares Drop After UBS Downgrade of ServiceNow
- Stock Volatility: Procore Technologies (NYSE:PCOR) shares fell 6.1% in the afternoon session, driven by a UBS downgrade of ServiceNow that exacerbated a sell-off from the previous day, indicating growing investor concerns about the sector's outlook.
- AI-Driven Market Concerns: The narrative of 'seat compression' has intensified, as AI automation reduces the number of human users needed for traditional enterprise software, directly threatening the per-seat revenue models of giants like Salesforce and Adobe, reflecting market sensitivity to the rapid rise of AI-native competitors.
- Year-to-Date Performance: Procore Technologies has seen a 33.3% decline since the beginning of the year, trading at $46.72 per share, which is 41.3% below its 52-week high of $79.60 from November 2025, highlighting significant challenges to the company's competitive position in the market.
- Investment Return Analysis: If investors had purchased $1,000 worth of Procore shares at its IPO in May 2021, their investment would now be worth only $530.89, indicating substantial losses for early investors due to the stock's ongoing decline.
See More
Mixed Close for US Stocks as Nasdaq Hits Six-Week High
- Market Volatility: On Friday, the S&P 500 closed down 0.11%, the Dow Jones Industrial Average fell 0.56%, while the Nasdaq 100 rose 0.14%, reflecting a tug-of-war between software stock weakness and inflation concerns.
- Inflation Data Impact: The US March CPI rose 3.3% year-on-year, slightly below the expected 3.4%, marking the largest increase in two years but failing to boost market confidence, as the consumer sentiment index dropped to a record low of 47.6.
- Geopolitical Factors: Optimism surrounding US-Iran diplomatic negotiations has increased market sentiment regarding Middle Eastern tensions, although President Trump's comments about military readiness have raised concerns, putting pressure on stocks.
- Sector Performance Divergence: Software stocks faced declines due to AI disruption fears, with ServiceNow and Cadence Design Systems down over 7% and 5%, respectively, while chipmakers like Broadcom and AMD rose over 4% and 3% due to increased market demand.
See More
Intuit Shares Drop 4.3% Amid AI Disruption Concerns
- Stock Price Decline: Intuit's shares fell 4.3% in the afternoon session due to investor concerns about the disruptive potential of artificial intelligence, triggering a broad sell-off across the software sector, indicating fears that AI could erode the core business models of established software companies.
- Market Reaction Analysis: Intuit's stock has shown significant volatility with 14 moves greater than 5% over the past year, and today's decline suggests that the market considers this news meaningful, although it does not fundamentally alter perceptions of the business, reflecting cautious investor sentiment.
- Increased Competitive Pressure: The launch of autonomous AI systems by Anthropic has intensified concerns regarding the traditional SaaS model, potentially impacting Intuit's services in the short term, leading to a decline in investor confidence and pushing the stock to its lowest point since February.
- Long-term Performance Review: Intuit's stock has dropped 44.9% since the beginning of the year, currently trading at $346.71 per share, which is 57.1% below its 52-week high of $807.39, indicating challenges to the company's competitive position, with investors who bought $1,000 worth of shares five years ago now seeing only $833.57.
See More
US Stock Market Volatility Amid Accelerating Inflation
- Accelerating Inflation: March inflation hit an annual rate of 3.3%, the fastest in nearly two years, with prices rising 0.9% and gasoline surging 21.2%, which could lead to increased market volatility and impact consumer spending and business costs.
- Declining Consumer Confidence: The University of Michigan's consumer sentiment index fell to 47.6 in April, a record low, indicating weakened consumer spending willingness, which may hinder economic recovery despite most survey responses being collected before the April 7 ceasefire.
- Muted Market Reaction: Despite facing severe inflation and declining consumer confidence, the stock market showed relative calm, with the Nasdaq and S&P 500 indexes experiencing slight fluctuations, reflecting the market's adaptability to potential risks.
- Broadcom's Market Impact: Broadcom's launch of an integrated backup and security system boosted the Nasdaq and S&P 500 indexes by 5.4%, while putting pressure on competitors like Salesforce, demonstrating its strong competitive position in the cybersecurity market.
See More
Wall Street Ends Volatile Week Quietly
- Market Moves Stabilize: As of 2 p.m. ET, major market indexes fluctuated near Thursday's closing prices, with the Dow Jones Industrial Average sliding 0.5% while the Nasdaq Composite gained 0.3%, indicating subtle shifts in market sentiment.
- Inflation Data Raises Concerns: The March inflation report revealed a 0.9% price increase, with gasoline prices surging 21.2%, leading to an annual inflation rate of 3.3%, the fastest in nearly two years, prompting economists to warn of further supply chain impacts from rising energy costs.
- Consumer Confidence Plummets: The University of Michigan's consumer sentiment index fell to 47.6 in April, a record low, and although most survey responses were collected before the April 7 ceasefire, consumer spending remains weak, reflecting uncertainty in the economic outlook.
- Market Reaction Remains Tepid: Despite significant headlines, the stock market showed little reaction, with Broadcom's 5.4% gain lifting the Nasdaq and S&P 500, while Salesforce dropped 4.1% due to competitive pressures, illustrating a general indifference to potential risks.
See More
Varonis Systems Shares Drop 6.7% Following UBS Downgrade of ServiceNow
- Stock Volatility: Varonis Systems shares fell 6.7% in the afternoon session, driven by a UBS downgrade of ServiceNow that triggered panic among investors, highlighting concerns over AI-driven automation potentially undermining demand for traditional enterprise software.
- Market Overreaction: Varonis has experienced 16 moves greater than 5% over the past year, and today's decline indicates that the market considers this news significant, yet it does not fundamentally alter perceptions of the company's business.
- Increased Competitive Pressure: The rise of AI-native competitors and 'vibe coding' startups poses a threat to the per-seat revenue models of giants like Salesforce and Adobe, intensifying the competitive landscape for traditional software providers.
- Declining Long-term Returns: Varonis has dropped 37.2% year-to-date, trading at $20.12 per share, which is 68.2% below its 52-week high of $63.31, meaning that investors who bought $1,000 worth of shares five years ago would now see their investment reduced to only $373.27.
See More
Procore Technologies Shares Drop After UBS Downgrade of ServiceNow
- Stock Volatility: Procore Technologies (NYSE:PCOR) shares fell 6.1% in the afternoon session, driven by a UBS downgrade of ServiceNow that exacerbated a sell-off from the previous day, indicating growing investor concerns about the sector's outlook.
- AI-Driven Market Concerns: The narrative of 'seat compression' has intensified, as AI automation reduces the number of human users needed for traditional enterprise software, directly threatening the per-seat revenue models of giants like Salesforce and Adobe, reflecting market sensitivity to the rapid rise of AI-native competitors.
- Year-to-Date Performance: Procore Technologies has seen a 33.3% decline since the beginning of the year, trading at $46.72 per share, which is 41.3% below its 52-week high of $79.60 from November 2025, highlighting significant challenges to the company's competitive position in the market.
- Investment Return Analysis: If investors had purchased $1,000 worth of Procore shares at its IPO in May 2021, their investment would now be worth only $530.89, indicating substantial losses for early investors due to the stock's ongoing decline.
See More
Mixed Close for US Stocks as Nasdaq Hits Six-Week High
- Market Volatility: On Friday, the S&P 500 closed down 0.11%, the Dow Jones Industrial Average fell 0.56%, while the Nasdaq 100 rose 0.14%, reflecting a tug-of-war between software stock weakness and inflation concerns.
- Inflation Data Impact: The US March CPI rose 3.3% year-on-year, slightly below the expected 3.4%, marking the largest increase in two years but failing to boost market confidence, as the consumer sentiment index dropped to a record low of 47.6.
- Geopolitical Factors: Optimism surrounding US-Iran diplomatic negotiations has increased market sentiment regarding Middle Eastern tensions, although President Trump's comments about military readiness have raised concerns, putting pressure on stocks.
- Sector Performance Divergence: Software stocks faced declines due to AI disruption fears, with ServiceNow and Cadence Design Systems down over 7% and 5%, respectively, while chipmakers like Broadcom and AMD rose over 4% and 3% due to increased market demand.
See More
Intuit Shares Drop 4.3% Amid AI Disruption Concerns
- Stock Price Decline: Intuit's shares fell 4.3% in the afternoon session due to investor concerns about the disruptive potential of artificial intelligence, triggering a broad sell-off across the software sector, indicating fears that AI could erode the core business models of established software companies.
- Market Reaction Analysis: Intuit's stock has shown significant volatility with 14 moves greater than 5% over the past year, and today's decline suggests that the market considers this news meaningful, although it does not fundamentally alter perceptions of the business, reflecting cautious investor sentiment.
- Increased Competitive Pressure: The launch of autonomous AI systems by Anthropic has intensified concerns regarding the traditional SaaS model, potentially impacting Intuit's services in the short term, leading to a decline in investor confidence and pushing the stock to its lowest point since February.
- Long-term Performance Review: Intuit's stock has dropped 44.9% since the beginning of the year, currently trading at $346.71 per share, which is 57.1% below its 52-week high of $807.39, indicating challenges to the company's competitive position, with investors who bought $1,000 worth of shares five years ago now seeing only $833.57.
See More
US Stock Market Volatility Amid Accelerating Inflation
- Accelerating Inflation: March inflation hit an annual rate of 3.3%, the fastest in nearly two years, with prices rising 0.9% and gasoline surging 21.2%, which could lead to increased market volatility and impact consumer spending and business costs.
- Declining Consumer Confidence: The University of Michigan's consumer sentiment index fell to 47.6 in April, a record low, indicating weakened consumer spending willingness, which may hinder economic recovery despite most survey responses being collected before the April 7 ceasefire.
- Muted Market Reaction: Despite facing severe inflation and declining consumer confidence, the stock market showed relative calm, with the Nasdaq and S&P 500 indexes experiencing slight fluctuations, reflecting the market's adaptability to potential risks.
- Broadcom's Market Impact: Broadcom's launch of an integrated backup and security system boosted the Nasdaq and S&P 500 indexes by 5.4%, while putting pressure on competitors like Salesforce, demonstrating its strong competitive position in the cybersecurity market.
See More
Wall Street Ends Volatile Week Quietly
- Market Moves Stabilize: As of 2 p.m. ET, major market indexes fluctuated near Thursday's closing prices, with the Dow Jones Industrial Average sliding 0.5% while the Nasdaq Composite gained 0.3%, indicating subtle shifts in market sentiment.
- Inflation Data Raises Concerns: The March inflation report revealed a 0.9% price increase, with gasoline prices surging 21.2%, leading to an annual inflation rate of 3.3%, the fastest in nearly two years, prompting economists to warn of further supply chain impacts from rising energy costs.
- Consumer Confidence Plummets: The University of Michigan's consumer sentiment index fell to 47.6 in April, a record low, and although most survey responses were collected before the April 7 ceasefire, consumer spending remains weak, reflecting uncertainty in the economic outlook.
- Market Reaction Remains Tepid: Despite significant headlines, the stock market showed little reaction, with Broadcom's 5.4% gain lifting the Nasdaq and S&P 500, while Salesforce dropped 4.1% due to competitive pressures, illustrating a general indifference to potential risks.
See More
