Salesforce MVP Andy Engin Utkan stated that CRM stock is undervalued, arguing that improved market perception, potentially driven by the adoption of the AI product Agentforce, could significantly benefit investors who have "lost their belief" in the company.
- The analysis comes as CRM faces a "stark warning signal" regarding its current price trends, despite the company's strong fundamentals.
- Salesforce is staking significant future growth on its AI products, which already achieved $1.4B in Q3 annual recurring revenue.