What is the fair value of CRM?

Based on inv-AI’s institutional-grade analysis, the 12-month fair value estimate for Salesforce, Inc. (CRM) is $236 (range: $201–$271). Confidence level: MEDIUM.

Is CRM overvalued or undervalued?

Salesforce, Inc. (CRM) is rated Moderately Underpriced by inv-AI. The current price is $183.02 versus a mid fair value of $236, implying +28.9% upside.

What is the CRM price target for 2026?

inv-AI’s 2026 fair value range for Salesforce, Inc. (CRM) is $201 (bear) to $271 (bull), with a base case of $236.

Salesforce, Inc. (CRM) Valuation

Rating: Moderately Underpriced

12-Month Fair Value: $201 – $236 – $271

Confidence: MEDIUM

Q4 FY2026 validated the AI pivot with $800M Agentforce ARR growing 169%, revenue re-accelerated to 12%, and FCF hit $15B. At $176 (13.4x forward P/E, ~10x P/FCF), CRM is priced as a value trap while delivering real AI revenue at scale. NVDA's $68.1B quarter proves the infrastructure layer is real — CRM is the application-layer beneficiary. 3.11:1 R/R ratio, most favorable in our coverage.

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