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Barchart
Barchart
Sohini Mondal

Is Wall Street Bullish or Bearish on Salesforce Stock?

With a market cap of $148.3 billion, Salesforce, Inc. (CRM) is a leading customer relationship management (CRM) technology company that helps businesses connect with customers through AI-powered platforms and cloud-based solutions. It offers a wide range of services, including Agentforce, Slack, Data 360, marketing and commerce platforms, and analytics solutions, serving industries such as healthcare, finance, manufacturing, automotive, and government worldwide.

Shares of the San Francisco, California-based company have lagged behind the broader market over the past 52 weeks. CRM stock has dipped 33.5% over this time frame, while the broader S&P 500 Index ($SPX) has gained 31.4%. Moreover, shares of the company have decreased 30.2% on a YTD basis, compared to SPX's 7.6% rise.

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