Citi analyst maintains Hold rating on Salesforce, lowers price target ahead of earnings release.

From Yahoo Finance: 2025-05-25 05:47:00

Analyst Tyler Radke from Citi maintained a Hold rating on Salesforce, Inc. (NYSE: CRM) and lowered its price target to $320 from $335 ahead of the company’s Q1 2026 earnings release on May 28. In fiscal Q4 2025, Salesforce surpassed EPS at $2.78 but fell short of revenue at $9.99 billion.

Radke noted mixed signals in demand for Salesforce’s offerings, with strong interest in Agentforce but limited impact. Core CRM demand shows variability, with some areas declining while others grow. The company is focusing on enhancing transparency and simplifying pricing, but the effects are yet to materialize. Radke expects revenue growth to remain in the high-single-digits.

Radke is looking for more substantial data on commercialization and wider rollouts before adopting a more optimistic sentiment for Salesforce’s stock and growth prospects. While CRM holds potential as an investment, Radke believes some AI stocks offer greater promise for higher returns with limited downside risk.



Read more at Yahoo Finance: Citi Maintains a Hold Rating on Salesforce (CRM), Cuts PT