Salesforce is being re-rated from a slowing company to a growth company again, and re-rating returns can be insane. At 13x it was priced for the end of growth forever until Claudeforce changed the perception, sending the stock 150% beyond its expected move. As with Micron, Intel and Atlassian, a stock written off as mature sees growth return and its multiple expand, so investors get both earnings and a higher multiple. x.com  x.com 

Salesforce, at the forefront of CRM for decades, is far likelier to build an even better product for the AI era than companies are to build their own CRM, making it the favorite SaaS name. The case examines what it would take for Salesforce to compound about 27% a year over the next five years. x.com  x.com  x.com 

Salesforce's only bull case is valuation and buybacks, and its 20% drop over five years happened for a reason. Even at about 18x earnings, down from 39x two years ago per @qualtrim, a PEG ratio of 2 means it is not cheap by any means. @StockMarketNerd notes the share count fell 15% year over year on accelerated buybacks, alongside a raised organic growth guide. x.com  x.com 

Salesforce has serious tail upside from explosive growth in agentic AI use, while its 16x P/E prices in only decline, which justified its 20% rally. x.com 

Salesforce is cheap at about 10x EV/GAAP EBITDA and 10x free cash flow without adding back stock compensation, with about $13B of FCF this year, while growing revenue 10%. At that multiple, private equity's software deals would be deeply underwater on a true mark to market. Per @PodcastAlphaX, Box CEO Aaron Levie uses Salesforce five times more after linking its MCP server to Claude Code, a sign agents increase use of the platform rather than replace it. x.com  x.com 

Salesforce is no longer cheap enough given how much wallet share core CRM is losing. Organic growth only matches nominal GDP despite a massive increase in agentic spending, and large enterprises increasingly see Salesforce as a data pipe for their own custom agents, an ex-growth business that deserves a low multiple. The Informatica acquisition doubles down on that weak model. Salesforce was too cheap at 12x non-GAAP earnings, but near high-teens it is fair, and terminal risks have not abated. … Show more

Salesforce and Adobe still look massively undervalued even after the recent run. Salesforce trades at 18x forward earnings with $14.5B of trailing free cash flow, a 9% FCF yield, raised FY27 guidance of $46.1-46.4B and AI/Data ARR of about $3.9B, up 210%. Adobe trades at 10.6-11.2x forward earnings and 11x free cash flow on $10.3B of FCF, with a 0.8 PEG, 89% gross margin and 42% FCF margin. x.com 

Salesforce looks driven by real earnings growth rather than a re-rating, making it a fresh bet on software. Per a @newsinvesting outlook the post quotes, Salesforce shows a genuine earnings inflection and triple-digit Agentforce growth, not just multiple expansion. x.com 

Salesforce is fully priced, even a little more than worth paying, for roughly 12% annual growth: trailing revenue of $43B is expected to reach $63B by 2030. A lower price would be needed for a long-term position, and it is not a buy-and-forget stock. x.com  x.com 

Salesforce is being treated as a slow, outdated software company even as it keeps growing recurring revenue, expanding margins and converting its massive customer base into earnings. Its latest quarter delivered 16% cRPO growth and a 52% jump in GAAP EPS. The narrative changes when Agentforce and its wider AI strategy become a measurable revenue driver rather than another product announcement. x.com