Wall Street Bullish on Salesforce (CRM), Here’s Why

​Salesforce, Inc. (NYSE:CRM) is one of the Best Technology Stocks to Invest in for the Long Term. Wall Street is bullish on Salesforce, Inc. (NYSE:CRM) since the company topped revenue and EPS estimates for its fiscal second quarter of 2026.

​The company posted a revenue of $10.24 billion, up 9.77% year-over-year and ahead of consensus by $98.41 million. The EPS of $2.91 also topped estimates by $0.13. Management noted that in addition to this outperformance, the current remaining performance obligation (cRPO), which indicates future revenue under contract, also rose 11% year-over-year to $29.4 billion. Management projects next quarter’s revenue between $10.24 billion and $10.29 billion, reflecting 8% to 9% year-over-year growth.

​Several analysts have expressed optimism after the release. On September 5, Saiyi He from CMB International Securities reiterated a Buy rating on the stock, with a price target of $388. Later, on September 8, Paul Chew from Phillip Securities also reiterated a Buy rating on Salesforce, Inc. (NYSE:CRM) with a price target of $364.

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

While we acknowledge the potential of CRM to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CRM and that has 100x upside potential, check out our report about this cheapest AI stock.

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