Is Wall Street Bullish or Bearish on Salesforce Stock?

California-based Salesforce, Inc. (CRM) leads the software industry with a market cap of $263.6 billion, offering a wide range of Customer Relationship Management (CRM) solutions. Its comprehensive suite covers sales, service, marketing, commerce, and analytics, serving diverse industries globally.

Shares of the cloud-based software giant have slightly underperformed the broader market over the past 52 weeks. CRM has gained 24.6% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 26.4%. In 2024, shares of CRM are up 2%, trailing behind SPX's 11.4% gains on a YTD basis.