10 Most Popular AI Stocks to Avoid Now

8. Salesforce, Inc. (NYSE:CRM)

Year to Date Loss as of May 13: -12.98%

S&P 500 Year to Date Performance as of May 13: 4.92%

Salesforce Inc (NYSE:CRM) is a technology company that provides a Customer Relationship Management (CRM) platform that helps businesses manage and improve customer relationships across various departments. It offers a range of tools and features, including AI-powered agents and a unified platform, to help companies streamline operations, personalize customer experiences, and drive growth. The stock has underperformed the overall market, with a 12.98% year-to-date slide, while the S&P 500 is up by about 4.92%.

Consequently, analysts at DA Davidson have already downgraded Salesforce Inc (NYSE:CRM) to an underperform from neutral, and the price target to $200 from $250. The downgrade comes amid concerns that the company’s focus on artificial intelligence is neglecting the core business. Salesforce sentiments have taken a hit on disappointing 2024 results and 2025 guidance.

While revenues in the fourth quarter fiscal 2025 were up 7.5% to $9.99 billion, they missed estimates. In addition, Salesforce Inc (NYSE:CRM) rattled the market on issuing first-quarter and full-year 2026 guidance that affirmed slow growth. Salesforce expects revenue to grow by 6% to 8% in 2026, much lower than the double-digit growth experienced in fiscal 2025. The expected slow growth comes as enterprise customers increasingly tighten their IT budgets due to economic uncertainty.