11 Best SaaS Stocks to Buy Right Now

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3. Salesforce, Inc. (NYSE:CRM)

Analyst Upside Potential: 25.79%

Number of Hedge Fund Holders: 119

​Salesforce, Inc. (NYSE:CRM) is one of the Best SaaS Stocks to Buy Right Now. On December 11, Salesforce, Inc. (NYSE:CRM) announced an expanded partnership with the U.S. Department of Transportation (USDOT) to modernize its operations using the company’s AI CRM tools.

​The partnership expands on the previous collaboration with which the company has already been modernizing USDOT’s core functions, including real-time interstate data sharing for citizen safety and simplifying billions in federal grant management. With the recent announcement, USDOT will now deploy Agentforce, the company’s AI agent platform. to automate routine tasks and boost efficiency across air, road, rail, and maritime networks.

​Management of Salesforce, Inc. (NYSE:CRM) noted that USDOT will use its AI agent platform by providing automated services, including around-the-clock citizen support, analyzing vast, complex datasets, and quickly reviewing grant applications.

​That said, Salesforce, Inc. (NYSE:CRM) posted mixed results for its fiscal Q3 2026 on December 3. The company grew its revenue by 8.63% year-over-year to $10.26 billion, but missed estimates by $13.14 million. On the bright side, the EPS of $3.25 topped the consensus by $0.39. Management attributed revenue growth to 10% year-over-year increase in subscription & support revenue. Notably, management also raised the full-year guidance to $41.45 billion to $41.55 billion, up from the previous expectation of $41.1 billion to $41.3 billion.

​Wall Street maintains a positive outlook despite missed revenue estimates. On December 11, Gregg Moskowitz from Mizuho Securities has a $340 price target. Earlier, on December 9, Keith Weiss from Morgan Stanley also reiterated a Buy rating on Salesforce, Inc. (NYSE:CRM) but lowered the price target from $405 to $398.

​Salesforce, Inc. (NYSE:CRM) provides customer relationship management software and cloud-based applications spanning sales, service, marketing, commerce, and analytics for enterprises worldwide.

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