5 Most Undervalued US Stocks According to Hedge Funds

​4. Salesforce, Inc. (NYSE:CRM)

Forward Price to Earnings Ratio: 13.16

Number of Hedge Fund Holders: 115

Salesforce, Inc. (NYSE:CRM) is one of the Most Undervalued US Stocks According to Hedge Funds. On May 18, Salesforce, Inc. (NYSE:CRM) was reiterated with an Underperform rating by analyst Tal Liani from Bank of America Securities. The analyst kept the price target of $160.

​Tal Liani noted that while the Salesforce platform remains deeply entrenched with a strong enterprise foothold, he believes that the company is entering a structural reset as it navigates the shift toward AI-driven business models. The analyst highlighted this transition as a red flag due to three main issues.

​Firstly, BofA noted that the company is adding fewer net new customers, suggesting slower growth. Secondly, the ability to upsell existing customers into higher-value products appears limited. Lastly, the analyst sees Salesforce’s AI monetization strategy as underwhelming.

​That said, almost a month ago, on April 16, Truist Securities had reiterated a Buy rating on the stock with a price target of $280. The analyst noted that the discussion with customers and management indicated that LLM-based agentic coding tools are not expected to displace the Salesforce platform. The firm also noted that the overall flow of the company is seen as generally positive.

​Overall, the Street has a positive opinion on CRM, with analysts’ 12-month average price target suggesting more than 39% upside from the current level.

​Salesforce Inc. (NYSE:CRM) is a global enterprise software company that provides customer relationship management (CRM) and cloud-based business applications across sales, service, marketing, commerce, and data analytics. Its Customer 360 platform, powered by data tools and trusted AI, enables organizations to unify customer data and drive personalized engagement.