Salesforce (CRM) Declined Following the Guidance

Columbia Threadneedle Investments, an investment management company, released its “Columbia Global Technology Growth Fund” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. Markets continued their upward journey in the third quarter, driven by strong earnings growth, continued enthusiasm around artificial intelligence (AI), and easing trade tensions. The composite returned 12.06% in the quarter, compared to the S&P Global 1200 Information Technology Index’s 12.82% return.  Positive stock selection drove the relative performance of the fund in the quarter. In addition, you can check the fund’s top 5 holdings for its best picks for 2025.

In its third-quarter 2025 investor letter, Columbia Global Technology Growth Fund highlighted stocks such as Salesforce, Inc. (NYSE:CRM). Salesforce, Inc. (NYSE:CRM) offers Customer Relationship Management (CRM) technology that brings companies and customers together. The one-month return of Salesforce, Inc. (NYSE:CRM) was 5.95%, and its shares lost 12.62% of their value over the last 52 weeks. On October 31, 2025, Salesforce, Inc. (NYSE:CRM) stock closed at $260.41 per share, with a market capitalization of $247.91 billion.

Columbia Global Technology Growth Fund stated the following regarding Salesforce, Inc. (NYSE:CRM) in its third quarter 2025 investor letter:

“Shares of cloud and customer relationship management (CRM) leader Salesforce, Inc. (NYSE:CRM) lagged during the quarter, as the market reacted tepidly to forward-looking guidance that was viewed as conservative, especially compared to heightened expectations for generative AI adoption. The company did launch its full-stack AI system Agentforce, with strong demand across industries, as well as a specialized AI platform for health care and pharma built on top of Agentforce.”

Why Dividend Investors Should Watch Salesforce’s (CRM) Innovation Edge

Salesforce, Inc. (NYSE:CRM) is in the 16th position on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 121 hedge fund portfolios held Salesforce, Inc. (NYSE:CRM) at the end of the second quarter, compared to 140 in the previous quarter. In the second quarter of 2026, Salesforce, Inc. (NYSE:CRM) reported revenue of $10.25 billion, reflecting an increase of 10% year over year and 9% in constant currency. While we acknowledge the risk and potential of Salesforce, Inc. (NYSE:CRM) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than Salesforce, Inc. (NYSE:CRM) and that has 10,000% upside potential, check out our report about this cheapest AI stock.

In another article, we covered Salesforce, Inc. (NYSE:CRM) and shared Diamond Hill Select Fund’s views on the company. In addition, please check out our hedge fund investor letters Q3 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.