Salesforce provides enterprise cloud computing solutions. The company offers customer relationship management technology that brings companies and customers together. Its Customer 360 platform helps the group deliver a single source of truth, connecting customer data across systems, apps, and devices to help companies sell, service, market, and conduct commerce. It also offers Service Cloud for customer support, Marketing Cloud for digital marketing campaigns, Commerce Cloud as an e-commerce engine, the Salesforce Platform, which allows enterprises to build applications, and other solutions, such as MuleSoft for data integration.
Nvidia Corp
Adobe Inc.
Meta Platforms, Inc. Class A Common Stock
Alphabet Inc. Class A Common Stock
Microsoft Corp
Alphabet Inc. Class C Capital Stock
Arista Networks
Oracle Corp
SERVICENOW, INC.
Amazon.Com Inc
The chart shows the growth of an initial investment of $10,000 in Salesforce, Inc., comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
Salesforce, Inc. (CRM) has returned -29.37% so far this year and -18.62% over the past 12 months. Looking at the last ten years, CRM has achieved an annualized return of 9.45%, underperforming the Benchmark (SPY), which averaged 12.23% per year.
The table below presents the monthly returns of Salesforce, Inc. (CRM) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -19.89% | -9.13% | -3.03% | 0.18% | ||||||||
| 2025 | 1.60% | -11.35% | -10.84% | -0.06% | -2.94% | 3.64% | -5.05% | 0.49% | -6.99% | 10.11% | -11.33% | 15.85% |
| 2024 | 7.89% | 9.51% | -1.90% | -10.86% | -12.85% | 9.58% | 0.25% | -2.69% | 8.35% | 6.29% | 13.70% | 0.70% |
| 2023 | 24.25% | -2.46% | 22.57% | 0.08% | 12.96% | 1.46% | 6.86% | -1.09% | -9.27% | 0.01% | 25.37% | 5.26% |
| 2022 | -8.78% | -9.40% | -0.51% | -17.20% | -8.48% | -7.29% | 11.69% | -13.89% | -7.12% | 12.15% | -2.88% | -10.14% |
| 2021 | 1.31% | -4.71% | -3.65% | 7.83% | 3.18% | 2.63% | -1.05% | 9.48% | 1.86% | 10.38% | -5.49% | -6.31% |
| 2020 | 11.22% | -7.02% | -16.39% | 17.08% | 10.28% | 8.22% | 3.59% | 37.84% | -7.26% | -8.26% | 4.54% | -9.17% |
| 2019 | 13.92% | 7.38% | -4.11% | 3.28% | -8.79% | 0.68% | -0.05% | 0.87% | -3.74% | 4.68% | 3.15% | -0.28% |
| 2018 | 10.72% | 2.60% | -3.81% | 4.38% | 6.99% | 5.02% | 0.73% | 10.64% | 4.55% | -14.28% | 3.15% | -6.38% |
| 2017 | 14.16% | 3.09% | -0.46% | 4.25% | 3.93% | -3.78% | 4.36% | 4.51% | -2.43% | 9.20% | 0.63% | -1.57% |
| 2016 | 3.30% | 9.71% | -3.24% | 2.78% | -2.89% | -5.46% | 5.64% | -5.25% | -5.10% |
The charts below present risk-adjusted performance metrics for Salesforce, Inc. (CRM) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of CRM compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
The current Salesforce, Inc. volatility is 2.39%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 112.31B | 102.93B | 99.82B | 98.85B | 95.21B | 66.30B | 55.13B | 30.74B | 21.01B | 17.58B | 12.77B | 10.69B | 9.15B | 5.53B | 4.16B | 3.09B | 2.46B |
| Temporary Equity Attributable To Parent (USD) | - | - | - | - | - | - | - | - | 3.87M | - | - | - | 26.71M | - | - | - | - |
| Temporary Equity (USD) | - | - | - | - | - | - | - | - | 3.87M | - | - | - | 26.71M | 53.61M | - | - | - |
| Equity Attributable To Parent (USD) | 59.14B | 61.17B | 59.65B | 58.36B | 58.13B | 41.49B | 33.89B | 15.61B | 9.39B | 7.50B | 5.00B | 3.98B | 3.04B | 2.32B | 1.59B | 1.28B | 1.04B |
| Equity Attributable To Noncontrolling Interest (USD) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 12.86M |
| Equity (USD) | 59.14B | 61.17B | 59.65B | 58.36B | 58.13B | 41.49B | 33.89B | 15.61B | 9.39B | 7.50B | 5.00B | 3.98B | 3.04B | 2.32B | 1.59B | 1.28B | 1.06B |
| Other Non-current Liabilities (USD) | 1.61B | 5.34B | 4.12B | 4.00B | 4.69B | 4.39B | 3.70B | 679.00M | - | - | - | - | - | - | - | - | - |
| Long-term Debt (USD) | 14.44B | 8.43B | 9.43B | 10.60B | 10.60B | 2.69B | 2.69B | 3.20B | 1.73B | - | - | - | - | - | - | - | - |
| Noncurrent Liabilities (USD) | 16.05B | 13.78B | 13.55B | 14.60B | 15.29B | 7.08B | 6.40B | 3.88B | 1.49B | 2.83B | 2.15B | 2.33B | 2.11B | 240.09M | 174.58M | 538.21M | 495.41M |
| Other Current Liabilities (USD) | - | - | - | - | - | - | - | 9.92B | 9.09B | 6.41B | 4.99B | 3.84B | 3.52B | 2.59B | 2.06B | 1.11B | 893.34M |
| Wages (USD) | - | - | - | - | - | - | - | 1.17B | 960.45M | 730.39M | 554.50M | 457.10M | 397.00M | 311.60M | 228.47M | 148.28M | - |
| Accounts Payable (USD) | - | - | - | - | - | - | - | 165.00M | 76.47M | 115.26M | 71.48M | 95.54M | 64.99M | 14.54M | 33.26M | 18.11M | 14.79M |
| Current Liabilities (USD) | 37.12B | 27.98B | 26.63B | 25.89B | 21.79B | 17.73B | 14.85B | 11.26B | 10.13B | 7.26B | 5.62B | 4.39B | 3.98B | 2.92B | 2.32B | 1.28B | 908.13M |
| Liabilities (USD) | 53.16B | 41.76B | 40.18B | 40.49B | 37.08B | 24.81B | 21.24B | 15.13B | 11.62B | 10.08B | 7.77B | 6.72B | 6.09B | 3.16B | 2.50B | 1.81B | 1.40B |
| Other Non-current Assets (USD) | 77.27B | 68.77B | 65.47B | 65.33B | 63.38B | 37.84B | 32.06B | 16.08B | 8.95B | 8.69B | 6.71B | 6.02B | 5.23B | 2.86B | 1.92B | 1.60B | 664.33M |
| Intangible Assets (USD) | 6.82B | 4.43B | 5.28B | 7.13B | 8.98B | 4.11B | 4.72B | 1.92B | 826.45M | 1.11B | - | - | - | 49.35M | 46.11M | 31.66M | - |
| Fixed Assets (USD) | - | - | - | - | - | 2.46B | 2.38B | 2.05B | 1.95B | 1.79B | 1.72B | 1.13B | 1.24B | 604.67M | 527.95M | 387.17M | 89.71M |
| Noncurrent Assets (USD) | 84.08B | 73.20B | 70.75B | 72.45B | 72.36B | 44.41B | 39.16B | 20.05B | 11.72B | 11.59B | 8.42B | 7.14B | 6.47B | 3.51B | 2.49B | 2.02B | 754.04M |
| Other Current Assets (USD) | - | - | - | - | - | - | - | - | 8.97B | 5.78B | 4.15B | 3.34B | 2.37B | 1.89B | 1.59B | 1.02B | 1.65B |
| Prepaid Expenses (USD) | - | - | - | - | - | - | - | - | 324.16M | 218.42M | 199.79M | 206.89M | 309.18M | 125.99M | 80.32M | 55.72M | 55.73M |
| Current Assets (USD) | 28.22B | 29.73B | 29.07B | 26.40B | 22.85B | 21.89B | 15.96B | 10.68B | 9.29B | 6.00B | 4.35B | 3.55B | 2.68B | 2.02B | 1.67B | 1.07B | 1.71B |
| Assets (USD) | 112.31B | 102.93B | 99.82B | 98.85B | 95.21B | 66.30B | 55.13B | 30.74B | 21.01B | 17.58B | 12.77B | 10.69B | 9.15B | 5.53B | 4.16B | 3.09B | 2.46B |
Anthropic's Claude CoWork, a new agentic AI suite, threatens traditional SaaS platforms by automating complex workflows across multiple applications. However, Palantir's AIP remains insulated due to its specialized domain expertise, rigorous governance, and mission-critical applications in defense and enterprise operations that require deep customization and compliance—capabilities difficult for general-purpose AI agents to replicate.
Hedge fund manager Eric Jackson is shorting major SaaS stocks including Salesforce, Asana, Five9, DocuSign, and Atlassian based on his 'AI Paradox' theory: companies that mention AI most frequently show 5.4% worse forward returns than peers. Jackson believes excessive AI talk is a red flag rather than bullish signal. He favors cybersecurity stocks (CrowdStrike, Zscaler, Palo Alto Networks) and infrastructure plays (NVIDIA, Palantir, Nebius) that show tangible AI benefits.
Crescendo, an AI-native customer experience solution company, has been certified as a Great Place To Work across five global regions. The certification is based on employee feedback, with 87% of employees rating it as a great place to work—30 points above the U.S. average. The company emphasizes trust, belonging, and impact, with high employee satisfaction scores across fairness, wellness, and work-life balance metrics.
BeyondTrust's Phantom Labs research reveals a 466.7% year-over-year increase in enterprise AI agents, creating a 'shadow AI workforce' with significant identity security risks. Many organizations operate over 1,000 AI agents with administrative-level privileges that security teams are unaware of, driven by rapid adoption of AI-enabled platforms from Microsoft, Salesforce, ServiceNow, and others.
BeyondTrust announced expanded capabilities in its Pathfinder Platform to secure AI agent coworkers and autonomous AI workloads across cloud and SaaS environments. The company's research found enterprises are running shadow AI agents with privileged access that security teams cannot see or govern, with AI agent growth accelerating at 466.7% year-over-year. The platform now provides unified visibility and control over AI, human, and machine identities across endpoints, cloud infrastructure, and SaaS platforms.
Palantir Technologies has surged nearly 2,000% since ChatGPT's release in November 2022, reaching a $368 billion market cap. While traditional valuation metrics suggest the stock is overvalued compared to peers, the author argues that Palantir's unique AI Platform (AIP) and critical government contracts justify the premium. With 60% annual revenue growth, consistent profitability, and a $10 billion Army contract, investors view the stock as undervalued despite its high multiples.
Following a market sell-off, three AI stocks are trading at attractive valuations. Nvidia trades at 22x forward P/E with strong AI infrastructure leadership and expansion into inference and agentic AI. Meta trades below 17.5x 2027 estimates with proven ability to leverage AI for ad growth and multiple expansion opportunities. Salesforce trades at 4x forward P/S with 10%+ projected revenue growth through 2030 and positioning as an agentic AI leader through its data management capabilities.
Salesforce's AI-powered Agentforce platform is transforming the CRM industry with an $800 million annual revenue run rate and 169% year-over-year growth. The company's integrated approach combining Agentforce, Data 360, and enterprise data management is driving strong customer adoption, with over 75% of top deals including AI components. With $72 billion in contracted backlog and real-world deployments showing significant business impact, Salesforce is well-positioned to lead the AI-driven CRM transformation.
The SaaS sector is experiencing significant correction as investors worry about AI disrupting traditional software subscription models. Salesforce and Adobe have posted their worst quarterly performance since 2008, down 26% and 29.7% respectively. Both stocks have breached key technical support levels, with broader SaaS indices also under pressure amid concerns that AI-powered solutions could automate functions currently performed by these platforms.
The global AI agent market is projected to grow from $5.2 billion in 2024 to $52.6 billion by 2030. Nvidia is positioned as a leading beneficiary of this growth, with its Agent Toolkit enabling companies to build customized AI agents. The company reported 145% net income growth in 2025, reaching $72.8 billion, and trades at a relatively attractive forward P/E ratio of 22.8.