Salesforce (CRM) snapped six straight sessions of gains on Monday after its shares settled 0.40% lower at $259.53.
The company ended in the green in each session between November 28 and December 5. It gained 13% during the period.
On December 4, CRM ended 3.66% higher after reporting solid third quarter earnings. The company also guided the upcoming quarter and FY26 above analysts’ expectation.
Salesforce upped its forecast for fiscal 2026 revenue to $41.145B and $41.55B, above its previous range of $41.1B and $41.3B. It now sees earnings between $11.75 and $11.77 per share on an adjusted basis, above its previous forecast of $11.33 to $11.37 per share.
The company’s shares continued to gain the following day, ending 5.30% higher on December 5. The company has also announced a quarterly dividend of $0.416/share.
As per Seeking Alpha’s quant rating, the stock has a Hold rating with a score of 3.42 out of 5. CRM has been rated an A+ for profitability but has been graded D for valuation.
However, Seeking Alpha and Wall Street analysts have issued a Buy call for the firm.
Seeking Alpha analyst, The Asian Investor rated the stock as Strong Buy “expecting stronger annual growth going forward as AI momentum reinvigorates top-line expansion and consensus estimates prove too conservative.”
The analyst noted that the company’s strong Q3 results were driven by rapid Agentforce AI adoption, which they say, is at a $540M ARR run-rate (+330% Y/Y), with potential to double or triple over several years as agentic AI demand accelerates.
However, another analyst, Julia Ostian reiterated her Hold call for the stock arguing that even as the company delivered promising results, it lacked clear reacceleration momentum.
“Despite improved capital returns and ROIC recovery, CRM remains fairly valued; further momentum and SBC reduction are needed before a clear buy case emerges,” she said.