Salesforce.com Inc ($CRM) Stock Forecast: Down 9.2% Today

What is Salesforce.com Inc?

Salesforce (CRM) is a leading cloud-based software company known for its customer relationship management solutions. The stock experienced a bearish movement today amidst market volatility.

Why is Salesforce.com Inc going down?

CRM stock is down 9.2% on Apr 23, 2026 17:36

• The purchase of Salesforce stock by Michael Burry amid the "SaaSpocalypse" selloff may have initially boosted investor confidence, but concerns over AI disruption risks and market downturns led to a bearish trend.
• Salesforce's lobbying disclosure, while lacking specific details, hints at the company's focus on key issues like AI and data privacy, which could have influenced market sentiment negatively.
• Cadence's collaboration with TSMC to enhance AI chip design highlights the competitive landscape in the tech industry, potentially adding pressure on Salesforce's market position.
• The deployment of AI by WD-40 and other companies underscores the increasing importance of artificial intelligence in driving operational efficiency, possibly overshadowing Salesforce's current market performance.

CRM Price Chart

CRM Technical Analysis

CRM News

Legendary Investor Michael Burry Is Shrugging Off the Software Apocalypse (Sort of) and Buying Salesforce Stock. Should You?

Legendary investor Michael Burry has reportedly bought Salesforce stock, seeing an opportunity amid a "SaaSpocalypse" selloff he believes is driven by technical factors rather than deteriorating fundamentals. While Salesforce CEO Mark Benioff dismisses AI disruption concerns, the article argues that the company's seat-based pricing model is vulnerable to AI-driven automation, which could reduce the need for human "seats." Despite Wall Street's "Strong Buy" consensus, the author advises against following Burry's lead, citing unresolved AI disruption risks and the potential for further market downturns.

https://www.barchart.com/story/news/1480668/legendary-investor-michael-burry-is-shrugging-off-the-software-apocalypse-sort-of-and-buying-salesforce-stock-should-you

Salesforce Files $1M Lobbying Disclosure

Salesforce.com Inc. reported $1,010,000 in first-quarter lobbying expenditures in an amended federal lobbying disclosure, notably omitting specific issues the lobbyists worked on. This lack of detail makes it challenging to pinpoint Salesforce's Washington focus, especially given the active policy environment around AI, data privacy, and high-skilled immigration. A separate, unamended report for the same quarter did list specific issues such as AI, digital trade, and high-skilled immigration, which aligns with Salesforce's historical lobbying priorities.

https://legis1.com/news/salesforce-lobbying-disclosure-files-1m-issues

Cadence Expands TSMC Alliance to Boost Advanced AI Chip Design

Cadence has strengthened its collaboration with TSMC to accelerate AI-driven semiconductor design through silicon-proven IP, end-to-end design infrastructure, and certified flows for TSMC's advanced process technologies. This partnership, focusing on a "Design for AI and AI for Design" strategy, aims to reduce design iterations, improve correlation, and achieve faster time-to-market for complex AI chips. Cadence is integrating agentic AI across the chip design lifecycle to optimize power, performance, and area, driving innovation in advanced-node SoCs, chiplet-based, and 3D-IC architectures.

https://www.tradingview.com/news/zacks:e2f609c01094b:0-cadence-expands-tsmc-alliance-to-boost-advanced-ai-chip-design/

ServiceNow Earnings: Impact From Acquisitions Is a Near-Term Distraction From Good Fundamentals

ServiceNow reported strong first-quarter revenue growth of 19% year over year, reaching $3.77 billion. The company maintained its fair value estimate of $165 per share despite some confusion surrounding the impact of recent acquisitions on performance and outlook. While acquisitions caused a near-term slowdown in backlog growth, Morningstar views the stock as attractive, emphasizing underlying fundamental strength and positive indicators like robust AI revenue and cross-sell activities.

https://www.morningstar.com/stocks/servicenow-earnings-impact-acquisitions-is-near-term-distraction-good-fundamentals

WD-40 Deploys AI Across Operations to Boost Efficiency and Decision-Making

WD-40 is integrating artificial intelligence across various operational segments to enhance efficiency and decision-making, as stated by CEO Steven Brass. The company is deploying AI-enabled platforms such as Microsoft Dynamics 365, Salesforce, and Atlas, with Dynamics 365 already active in regions accounting for about half of its global revenue. This initiative goes beyond personal productivity, aiming to redefine business processes, and WD-40 recognizes the critical need for skilled AI workers for its future success.

https://www.indexbox.io/blog/wd-40-deploys-ai-across-operations-to-boost-efficiency-and-decision-making/

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Salesforce.com Inc Price History

14.03.2026 - CRM Stock was up 5.2%

• CRM witnessed a positive market uptick attributed to favorable investor sentiment and strategic partnerships.
• The increased investment in Adobe Inc. (ADBE) by Norris Perne & French LLP MI, alongside Adobe's robust quarterly earnings, likely influenced the positive outlook for CRM.
• Emphasis on artificial intelligence (AI) differentiation within enterprise software, as discussed, might have bolstered investor confidence in Salesforce's future growth prospects.
• Overall, the market reception to CRM's strategic positioning and potential for sustained growth in the competitive software sector appears optimistic.

21.03.2026 - CRM Stock was up 4.3%

• Today, Salesforce (CRM) saw a rise in the market, likely due to favorable views on its AI-driven growth strategies and innovative products.
• The introduction of AI-powered Agentforce and efforts to enhance customer interactions through advanced technologies are believed to fuel the stock's upward trajectory.
• Despite competition from industry peers like Microsoft, Oracle, and ServiceNow, investors are showing confidence in Salesforce's ability to expand revenue and maintain a leading position within the enterprise software field.
• The recent event involving Youxin Technology acquiring a majority stake in Celnet Technology Co., Ltd., reinforcing its standing in the enterprise software integration market, is also thought to have positively impacted the market sentiment toward CRM.

09.03.2026 - CRM Stock was down 5.7%

• ClearBridge Large Cap Growth Strategy's decision to exit its position in Salesforce, attributed to slowing growth and increased competitive pressures, likely impacted the stock's bearish movement.
• Despite reaching a 52-week low, 33 analysts have raised their earnings forecasts, suggesting that the stock could be undervalued. However, there are reservations regarding the company's AI strategy.
• Market sentiment towards Salesforce appears varied, with some investors showing optimism about its advancements in AI and enterprise solutions. On the other hand, hedge funds and other cautious investors have expressed reservations about companies focusing on AI.
• The recent $7.94 million investment by Shikiar Asset Management in Salesforce demonstrates strong institutional confidence in the company's potential for long-term growth, in contrast to the overall bearish market trend.

09.03.2026 - CRM Stock was down 7.0%

• The bearish movement in Salesforce's stock today could be attributed to the significant reduction in stake by Prime Capital Investment Advisors LLC, indicating a shift in sentiment among institutional investors regarding the company's future prospects.
• Despite the positive news of ServiceNow enhancing its platform with AI capabilities and Personal CFO Solutions LLC increasing its stake in the company, Salesforce may have been affected by overall negative sentiments in the tech sector and concerns about cost complexities from consumption-based pricing models.
• The bearish trend could also be influenced by recent analyst price-target cuts, insider selling, and the stock trading near a 12-month low with a high P/E ratio, all contributing to the downward pressure on Salesforce's shares.
• Additionally, the ongoing volatility in major tech stocks and the competitive software market may have further fueled the selling pressure on Salesforce, leading to today's bearish market movement.

24.02.2026 - CRM Stock was down 5.3%

• A substantial increase in Salesforce stake by SG Americas Securities LLC signals strong confidence in the company's growth prospects, despite the recent pullback in stock price. This positive sentiment contrasts with the overall market movement.
• The acquisition of Salesforce shares by Clear Trail Advisors LLC further underscores the long-term growth potential seen in the CRM software giant, potentially indicating a temporary dip in the stock price.
• Cyndeo Wealth Partners LLC's decision to trim its Salesforce stake significantly may have contributed to the bearish movement, reflecting shifting sentiment around the company's growth prospects amidst market volatility.
• The market's focus on coordinating AI systems within enterprise environments may have indirectly impacted investor sentiment towards tech companies like Salesforce, contributing to the bearish movement.

24.02.2026 - CRM Stock was down 5.9%

• Salesforce (CRM) stock dropped by 4% due to concerns that AI automation, particularly from competitors like Oracle, could undermine traditional SaaS models, leading to a bearish trend.
• The increased stake by SG Americas Securities LLC in Salesforce signals strong confidence in the company's growth prospects despite the recent pullback in stock price.
• The market's reaction to the potential threat of AI-driven solutions impacting Salesforce's business model highlights the ongoing challenges faced by tech companies in adapting to new technologies and maintaining competitive advantages.
• The bearish movement in Salesforce's stock today underscores the importance for investors to closely monitor how companies in the SaaS sector navigate the evolving landscape of AI technologies to sustain growth and market leadership.

23.03.2026 - CRM Stock was down 7.9%

• Salesforce's stock saw substantial bearish movement despite growth in revenue, EPS, and free cash flow, indicating potential market concerns.
• The company's valuation reset and the risk of cloud hyperscalers bundling AI services might have impacted the negative market sentiment.
• Despite Salesforce's adoption of AI-driven products like Agentforce, investors may exercise caution regarding the company's future growth in the competitive enterprise software market.
• The broader market sentiment towards enterprise software providers and potential disruptive forces from competitors could have influenced Salesforce's bearish performance today.

23.03.2026 - CRM Stock was down 9.2%

• The purchase of Salesforce stock by Michael Burry amid the "SaaSpocalypse" selloff may have initially boosted investor confidence, but concerns over AI disruption risks and market downturns led to a bearish trend.
• Salesforce's lobbying disclosure, while lacking specific details, hints at the company's focus on key issues like AI and data privacy, which could have influenced market sentiment negatively.
• Cadence's collaboration with TSMC to enhance AI chip design highlights the competitive landscape in the tech industry, potentially adding pressure on Salesforce's market position.
• The deployment of AI by WD-40 and other companies underscores the increasing importance of artificial intelligence in driving operational efficiency, possibly overshadowing Salesforce's current market performance.

23.03.2026 - CRM Stock was down 7.4%

• Salesforce (CRM) experienced a strong bearish movement likely due to concerns over the impact of AI disruption on the traditional SaaS business model.
• Despite Salesforce's continued growth in revenue and AI-driven products like Agentforce, investor anxiety stemming from decelerating growth and geopolitical tensions affecting deals may have contributed to the stock's decline.
• The market may be reassessing Salesforce's valuation and potential risks, such as the possibility of cloud hyperscalers bundling AI services, leading to a reset in the stock's fair value case and a significant drawdown in its trading price.
• While Salesforce maintains strong fundamentals like low debt and robust AI revenue, the broader market sentiment towards software stocks, particularly in light of AI disruptions, likely played a significant role in the bearish movement of the stock today.

08.03.2026 - CRM Stock was down 5.2%

• The bearish movement in Salesforce, Inc. (CRM) could be attributed to profit-taking by investors after a recent partnership announcement with Bandwidth Inc. to enhance its Agentforce Contact Center.
• Despite the positive collaboration news, investors may have been spooked by the overall market sentiment favoring growth-oriented software companies like Autodesk and Marqeta, leading to a shift in capital away from CRM.
• The price target cuts on ServiceNow Inc. (NOW) and concerns over FY26 growth in the software sector might have created a ripple effect, impacting CRM's stock performance negatively.
• Overall, the bearish movement in CRM could be a combination of profit-taking, market sentiment shifts, and broader industry concerns affecting investor confidence in cloud-based software companies.

15.03.2026 - CRM Stock was up 5.2%

• Positive investor reaction to news of a limited data breach at McGraw Hill influenced Salesforce's bullish movement, emphasizing the importance of improving security measures in cloud databases.
• Analyst Jim Cramer's insights on software stocks, including Salesforce, may have contributed to the positive sentiment, particularly when discussing the growth benefits of AI for specific companies.
• Salesforce's introduction of "Headless 360" and "Agentforce Vibe 2.0" impressed investors, demonstrating the company's dedication to utilizing conversational interfaces and AI agents for developer interaction.
• A strengthened partnership with Engine to enhance chat case efficiency through AI likely boosted investor confidence in Salesforce's capability to drive customer service innovation and operational streamlining.

09.03.2026 - CRM Stock was down 7.6%

• One major investment strategy recently exited its position in Salesforce due to the aforementioned concerns, potentially adding to the selling pressure.
• Despite positive earnings revisions and indications of undervaluation, the stock hit a 52-week low, reflecting a prevailing market sentiment that overshadowed the positive fundamentals.
• The bearish outlook on Salesforce may have been influenced by the introduction of AI features by ServiceNow, heightening competition in enterprise AI.
• A notable investment from Shikiar Asset Management demonstrated long-term confidence in Salesforce, although this positive sign may not have fully countered the negative market sentiment.