Simply Wall Street Earnings
Is Salesforce (CRM) Cheap On JPMorgan's AI Optimism?
JPMorgan recently initiated coverage on Salesforce (CRM), suggesting the market may be overestimating AI risks and underestimating AI monetization potential for the company. Despite a 22.6% year-to-date share price drop, recent momentum is up 14.9% over 30 days, driven by Agentforce deployments and raised AI revenue guidance. A common narrative values Salesforce at $255, making it appear undervalued …