Salesforce Share Price: CRM Stock Quote, News & Forecast

Michael Burry—the investor who called the 2008 housing crisis—has set his sights on Salesforce. While software stocks have cratered amid AI hype concerns, Burry is reportedly loading up on CRM, betting that the selloff has overshot the company’s actual health. What does his move tell us about where CRM stock might be heading next?

Current Price: $177.94 ·
Market Cap: $168.21B ·
P/E Ratio: 22.84 ·
52-Week High: $296.05 ·
52-Week Low: $163.52

The key metrics below establish CRM’s current valuation baseline.

Why is Salesforce Stock Falling?

Salesforce stock has been under intense pressure in 2026, with CRM shares down roughly 34% year-to-date as of April. The decline reflects broader concerns about software valuations in an AI-driven market, where investors have grown skeptical of high-priced SaaS stocks that lack the explosive growth narratives of pure-play AI plays.

Recent performance drivers

The selloff stems largely from technical pressures in private credit markets and fears that software companies are overexposed to stressed debt conditions. Burry himself addressed this directly, stating in his Substack post that “technical pressures brought on by the private credit/software debt issues are not big enough to affect these stocks for much longer” (TheStreet investment analysis).

CRM stock hit its 52-week low of $163.52 amid this volatility, while the 52-week high of $296.05 was reached on May 14, 2025—a stark 45% drop from peak to trough.

Market factors

Software stocks broadly have faced reflexive selling driven by AI bubble concerns. Burry, notably, has warned publicly about AI becoming “too big to save,” yet he’s reportedly buying CRM at a discount (YouTube interview footage). The apparent contradiction signals his view that Salesforce’s fundamentals remain intact despite sector-wide turbulence.

The recent rebound in CRM shares has reportedly been driven more by short covering than by fundamental buying, suggesting institutional confidence hasn’t fully returned (Wedbush market research).

Is Salesforce a Buy, Sell, or Hold?

The bull case centers on valuation and fundamentals. At a P/E ratio of 22.84, CRM trades at a significant discount to its growth history. Burry’s entry point reportedly falls between $179-$184 per share, implying he sees meaningful upside from current levels (Barchart trading analysis).

Analyst views

TheStreet reports that 28 of 37 analysts covering Salesforce recommend Buy, with an average price target of $262—representing roughly 47% upside from current prices. A separate count from Wedbush shows 37 of 52 analysts rating CRM Strong Buy or Moderate Buy, with a mean target of $276.43 (TheStreet analyst database).

Key metrics

Salesforce’s FY2026 revenue of $41.53 billion came with free cash flow of $14.40 billion. Analysts project revenue could reach $60.64 billion by FY2030, with FCF climbing to $20.80 billion in the same period (TheStreet financial forecasts). At 12x forward FCF, some analysts see CRM potentially returning 63% within three years; at 15x multiples, a doubling is theoretically possible.

Salesforce Share Price History

To understand the current moment, it’s worth examining how Salesforce got here. CRM stock reached $296.05 on May 14, 2025—a peak that now looks distant after the 34% pullback. Yet this follows a period of sustained strength, not the collapse of a struggling business.

52-week range

The 52-week trading range spans from $163.52 (current lows) to $296.05 (May 2025 high). Day trading during recent sessions has fluctuated between $174.40 and $178.45, suggesting acute volatility but also support near current levels. With 818.05 million shares outstanding, CRM maintains significant trading liquidity for institutional participants.

Key milestones

In 2023, Salesforce announced a 10% workforce reduction to strengthen margins—a move that Burry publicly noted should have dropped the stock 25%, yet CRM rose 3.6% instead (Business Insider market report). “Job cuts are so not the reason to own that,” Burry reportedly said, signaling his long-term thesis on the company’s value proposition.

Salesforce Share Price Prediction

Forecasting stock prices involves inherent uncertainty, but the available data points suggest a path forward for CRM—if the broader software sector stabilizes.

5-year outlook

Revenue projections indicate growth from $41.53 billion in FY2026 to $60.64 billion by FY2030—a compound annual growth rate that, if achieved, would represent a meaningful expansion of Salesforce’s top line (TheStreet long-term projections). Free cash flow is similarly projected to grow from $14.40 billion to $20.80 billion over the same period.

2026 forecast

Short-term price targets cluster around $262-$276 depending on the analyst cohort. Burry’s planned entry around $179-$184 suggests a contrarian bet that the market is undervaluing CRM at current prices. Some traders reportedly see 63% upside potential at 12x forward FCF multiples, though these calculations depend heavily on execution and market conditions.

Salesforce Competitors and Comparisons

Understanding CRM requires context on where it stands relative to peers and alternative investments that have attracted market attention.

Vs Palantir

Burry himself has drawn the comparison, reportedly shifting focus from Palantir to Salesforce as he views CRM as offering better value relative to fundamentals. While Palantir trades at premium AI-valuation multiples, Salesforce’s established customer base and proven cash generation present what Burry reportedly sees as a margin of safety play (Intellectia sector comparison).

Biggest rivals

ServiceNow competes directly with Salesforce in enterprise workflow automation. The comparison matters because ServiceNow’s stock performance often influences how investors view CRM relative to the broader enterprise software space. According to industry analysis, both companies battle for the same enterprise customers seeking CRM, service automation, and platform integrations.

The competitor table below summarizes key holdings in Burry’s software portfolio.

The pattern across Burry’s five software holdings reveals a shift toward established revenue generators with proven cash flows, while stepping back from high-multiple growth stories. Salesforce fits squarely in the former camp.

The trade-off

Investors choosing CRM over faster-growing peers accept slower revenue growth in exchange for profitability, market leadership, and the dividend potential that comes from a Dow 30 component generating billions in free cash flow annually.

“I do not believe the technical pressures brought on by the private credit/software debt issues are big enough to affect these stocks for much longer.”

— Michael Burry, Investor (via TheStreet investment coverage)

“Salesforce posted record revenues, a record quarter, and record cash flows to close out fiscal year 2026.”

— Robin Washington, CFO (via TheStreet earnings report)