Salesforce, Inc. (NYSE:CRM) is one of the 10 AI Stocks That Are About to Explode. On May 19, Deutsche Bank reiterated its Buy rating on Salesforce, Inc. (NYSE:CRM) with a price target of $255 on the stock.
The research firm said that it expects the company to report a “seasonally slow but steady” start to fiscal 2027. Deutsche Bank believes Salesforce, Inc. (NYSE:CRM) will probably meet “muted” fiscal first-quarter as the software-as-a-service sector continues to face a weak environment.
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According to Deutsche Bank, its recent field discussions suggest the company may see less upside in its key metrics compared with recent quarters. The firm also said the upcoming earnings report is unlikely to lead to meaningful estimate revisions, which it believes are needed to improve investor sentiment and “catalyze the stock.”
In separate news, on May 12, Citi reduced its price target on Salesforce, Inc. (NYSE:CRM) from $200 to $188 while maintaining a Neutral rating ahead of the company’s Q1 results, which are scheduled to be released on May 27, 2026. Citi said it lowered its fiscal 2027 estimates after its fieldwork pointed to longer deal cycles and increased portfolio optimization at renewals.
Salesforce, Inc. (NYSE:CRM) is a leading American AI cloud-based software company that specializes in customer relationship management (CRM) solutions. The company offers software, tools, services, and applications for sales, customer service, marketing, e-commerce, and analytics.
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