Sierra's Valuation and Funding: Bret Taylor's AI startup, Sierra, has achieved a $10 billion valuation after raising $350 million, joining a select group of AI companies valued at or above this mark.
AI Agents and Market Impact: Sierra's AI agents are utilized by "hundreds of millions" for various tasks, while the company plans to use its new funding for platform investment and expansion, amidst a backdrop of fluctuating stock performance for Salesforce.
CRM
$254.91+Infinity%1D
Analyst Views on CRM
Wall Street analysts forecast CRM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CRM is 326.47 USD with a low forecast of 221.00 USD and a high forecast of 430.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
40 Analyst Rating
Wall Street analysts forecast CRM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CRM is 326.47 USD with a low forecast of 221.00 USD and a high forecast of 430.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
30 Buy
9 Hold
1 Sell
Moderate Buy
Current: 254.580
Low
221.00
Averages
326.47
High
430.00
Current: 254.580
Low
221.00
Averages
326.47
High
430.00
KeyBanc
Scott Schoenhaus
Overweight -> Sector Weight
downgrade
2025-12-11
Reason
KeyBanc
Scott Schoenhaus
Price Target
2025-12-11
downgrade
Overweight -> Sector Weight
Reason
KeyBanc analyst Scott Schoenhaus downgraded Veeva (VEEV) to Sector Weight from Overweight. A recent round of channel checks has indicated that large pharma clients in the middle of software evaluations are leaning towards Salesforce's (CRM) offering, suggesting more losses than Veeva has outlined, the analyst tells investors in a research note. The firm added that the checks indicate that a healthy number of small and medium businesses have already migrated to Salesforce from Veeva, and it's becoming clearer that Salesforce is seeing success on its LifeScienceCloud rollout with likely more customer headlines.
Argus
Buy
maintain
$360
2025-12-10
Reason
Argus
Price Target
$360
2025-12-10
maintain
Buy
Reason
Argus keeps a Buy rating and $360 price target on Salesforce, though the firm is also raising its FY26 EPS view on the stock to $11.76 from $11.37 and its FY27 forecast to $12.97 from $12.53. The market debate on whether agentic AI will kill the software-as-a-service enterprise application business, Salesforce's lifeblood, may rage on, but the management is moving forward with its own agentic solutions across its platform of services and even using agents or so called "digital labor" to drive margin expansion in its own cost centers, the analyst tells investors in a research note. Salesforce continues to deliver on product innovation with its new agentic generative AI Agentforce platform, the firm contends.
Morgan Stanley
Overweight
downgrade
$405 -> $398
2025-12-09
Reason
Morgan Stanley
Price Target
$405 -> $398
2025-12-09
downgrade
Overweight
Reason
Morgan Stanley lowered the firm's price target on Salesforce to $398 from $405 and keeps an Overweight rating on the shares after adjusting estimates and valuations among the firm's software coverage following the company's "strong" earnings report.
Citi
Tyler Radke
Neutral
maintain
$253 -> $257
2025-12-08
Reason
Citi
Tyler Radke
Price Target
$253 -> $257
2025-12-08
maintain
Neutral
Reason
Citi analyst Tyler Radke raised the firm's price target on Salesforce to $257 from $253 and keeps a Neutral rating on the shares.
About CRM
Salesforce, Inc. is a provider of customer relationship management (CRM) technology. The Company helps organizations of any size reimagine their business for the world of artificial intelligence (AI). With Agentforce, its platform, organizations can bring humans together with AI agents to drive customer success on one deeply unified platform. With the Salesforce platform, it delivers a single source of truth, connecting customer data with integrated AI across systems, apps and devices to help companies sell, service, market and conduct commerce from anywhere. Agentforce is a new layer of the Salesforce platform that enables companies to build and deploy AI agents that can respond to inputs, make decisions and take action autonomously across business functions. Agentforce includes a suite of customizable agents for use across sales, service, marketing and commerce. Datablazer is a data-driven innovator, which leverages the Company’s platform to unlock insights and drive decisions.
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.
