Truist Reduces Target Price on Salesforce (CRM) to $280, Citing Sector-Wide Valuation Compression

Salesforce Inc. (NYSE:CRM) is 1 of the 14 Most Undervalued NYSE Stocks to Buy According to Analysts.

Truist, connected February 27, reduced its people terms connected Salesforce by 26.3% to $280 (from $380), portion retaining the firm’s Buy proposal connected the stock. Sector-wide valuation compression was the main operator of this terms cut, overshadowing an different unchangeable Q4 FY 2026 results, which showed humble upside successful subscription and gross growth. Noisy FY 2027 guidance, owed to Informatica’s inclusion and brushed integrated Salesforce guide, besides contributed to the people terms update.

This update comes 2 days aft Salesforce released its Q4 FY 2026 results connected February 25. The merchandise was headlined by a 37% YoY maturation successful diluted adjusted net per stock to $3.81, beating thoroughfare statement estimates of $3.05. Earnings maturation was driven chiefly by accelerated maturation successful the company’s Agentforce 360 and Slack platforms.

Image by drobotdean connected Freepik

Management besides provided its guidance for FY 2027. For Truist, the main interest was the gross guidance. Management is expecting 10% to 11% maturation successful consolidated gross for FY 2027. Removing the effect of the Informatica acquisition, the implied gross maturation for conscionable the Salesforce information comes retired to astir 7% to 8%. This integrated maturation fig would beryllium a deceleration compared to the 10% YoY maturation Salesforce posted successful FY 2026.

Salesforce Inc. (NYSE:CRM) is simply a planetary endeavor bundle institution that provides lawsuit narration absorption (CRM) and cloud-based concern applications crossed sales, service, marketing, commerce, and information analytics. Its Customer 360 platform, powered by information tools and trusted AI, enables organizations to unify lawsuit information and thrust personalized engagement.

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