Saiyi He, an analyst from CMB International Securities, maintained the Buy rating on Salesforce (CRM – Research Report). The associated price target was lowered to $388.00.
Saiyi He has given his Buy rating due to a combination of factors including Salesforce’s strong financial performance and strategic positioning in the market. The company reported a 9% year-over-year increase in total revenue for the fourth quarter of fiscal year 2025, aligning with market expectations, and a notable 20% rise in non-GAAP net income, which surpassed consensus estimates. Despite conservative revenue guidance for fiscal year 2026, the analyst remains optimistic about Salesforce’s potential, particularly with the robust growth in its Data Cloud and AI segments.
Furthermore, Salesforce’s AI initiatives are expected to continue driving efficiency and margin improvements. The company’s AI solutions have already contributed to significant productivity gains and are anticipated to support further margin expansion in the coming fiscal year. The analyst also highlights the increasing adoption of Salesforce’s multi-cloud offerings and the solid performance of its Industry Cloud, which collectively bolster the company’s growth prospects. These factors underpin Saiyi He’s confidence in maintaining a Buy rating for Salesforce’s stock.
In another report released on February 27, Barclays also maintained a Buy rating on the stock with a $425.00 price target.