13 Best Cloud Stocks to Buy Now

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​6. Salesforce, Inc. (NYSE:CRM)

Market Capitalization: $214.55 billion

Analyst Upside Potential: 46.43%

Number of Hedge Fund Holders: 121

​Salesforce, Inc. (NYSE:CRM) is one of the Best Cloud Stocks to Buy Now. On November 21, Raimo Lenschow from Barclays reiterated a Buy rating on Salesforce, Inc. (NYSE:CRM) with a price target of $316. Earlier on November 20, Derrick Wood from TD Cowen also reiterated a Buy rating on the stock, but lowered the price target from $335 to $305.

​Analyst Wood highlighted that despite the company topping estimates during its fiscal Q2 2026, the results indicate mixed signals for the second half of 2026. The enterprise checks show potential pressure in renewal business; however, Wood sees potential for improvement as the company is restructuring its price and packaging strategies.

​Salesforce, Inc. (NYSE:CRM) is set to release its fiscal Q3 2026 results on December 3. Management anticipates revenue for the quarter to be between $10.24 billion and $10.29 billion, reflecting 8% to 9% year-over-year growth.

​In other news, the company on November 18 completed the acquisition of Informatica, which is an AI-powered cloud data management company. Management noted that the acquisition will enhance the company’s platform by achieving data clarity with Data 360, delivering complete integration with MuleSoft, and elevating the AgentForce 360 Platform with critical data foundations.

​​​Salesforce, Inc. (NYSE:CRM) provides customer relationship management (CRM) technology that integrates AI to help businesses improve sales, service, marketing, and commerce.

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