Intuit and Salesforce Face AI Challenges Amid Market Selloff
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 17 2026
0mins
Source: NASDAQ.COM
- Market Performance Decline: At the start of 2026, Intuit and Salesforce saw their stock prices drop by 35% and 27%, respectively, making them the worst performers in the S&P 500, reflecting market fears that AI technologies could disrupt traditional software business models, leading to both companies trading approximately 45% below their all-time highs.
- Revenue Growth Potential: Despite challenges, Intuit is projected to grow its sales by 12.5% in 2026 and 2027, reaching $23.80 billion, with a 31% increase in GAAP earnings in FY25, showcasing its resilience and growth potential in the AI era.
- AI Integration Progress: Both Intuit and Salesforce have actively integrated AI technologies into their product portfolios over the past few years, with Intuit achieving a 49% increase in GAAP earnings in Q2 FY26, while Salesforce's Agentforce AI tool reached $800 million in annual recurring revenue in fiscal 2026, marking a 169% year-over-year growth.
- Investment Value Emergence: Following significant stock price corrections, Intuit and Salesforce are currently viewed as potential value stocks, with Intuit's average Zacks price target indicating a 43% upside, while Salesforce's target suggests a 40% upside, indicating that market confidence in their future growth remains intact.
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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: 179.080
Low
223.00
Averages
326.40
High
405.00
Current: 179.080
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.
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