Salesforce, Inc. (CRM) Fair Value 2026

CRM · Software - Application ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

9.4 /10

32 fundamental signals · 11 models active

Value Trap Risk

SAFE (23/100)

Quick Summary — As of 2026-08-27, Salesforce, Inc. (CRM) trades at $252.05, versus a $167.64 median fair value across its 11 active models — 33.5% below the current price. QOC: 9.4/10. Value Trap Risk: 23/100 (SAFE). 11/13 models active. Within that set, the Bayesian DCF component alone returns $404.88.

Key Facts

Ticker
CRM
Price
$252.05
Quality Score
9.4/10
Value Trap Risk
23/100
Models Active
11/13
Last Updated
Strength: Bayesian DCF suggests +60.6% upside with 74% confidence
Risk: Majority of models suggest overvaluation

Is Salesforce, Inc. (CRM) Undervalued or Overvalued in 2026?

According to CirclFi’s 11-model valuation engine, Salesforce, Inc. (CRM) appears overvalued as of : the median of 11 independent fair value estimates is $167.64, 33.5% below the current price of $252.05. Estimates range from $48.22 to $404.88. CRM scores 9.4/10 on fundamental quality and 23/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.7% versus its own 13-model consensus, across 3,801 rated companies as of 2026-08-27. CRM’s -33.5% gap is wider than that market norm, and the Software - Application sector median is -23.4%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy Salesforce, Inc. Stock in 2026? →

What Fair Value Does Each Model Give CRM?

11 Intrinsic Value Models vs. Current Price ($252.05)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · High Conviction
 $404.88 +60.6%
Ensemble · Low Conviction
 $167.64 -33.5%
Scenario · High Conviction
 $158.61 -37.1%
Intrinsic · High Conviction
 $61.93 -75.4%
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What Is CRM's Fair Value Range?

Spread across 11 independent models · $48.22 to $404.88

CirclFi's 11 active models place Salesforce, Inc. (CRM) between $48.22 and $404.88 per share, a spread of 213% of the median. The median of that range — $167.64 — is the fair value CirclFi publishes for CRM, against a current price of $252.05.

Low · ML-RIVHigh · Bayesian DCF
$48.22median $167.64$404.88
Where the range comes from
Most bearish modelML Residual Income$48.22
Most bullish modelBayesian DCF$404.88
Model agreement2 bullish · 9 bearishwide

A band this wide is itself the finding. When independent methods land far apart, they are reading a business whose value depends heavily on which lens you apply — volatile earnings, heavy reinvestment, or an asset base that cash-flow and asset-based methods score differently. That disagreement is information: it says the choice of method matters more than usual for CRM. Treat the median as one reading among several and compare the individual models below before acting.

Every figure above is one model's standalone output on CRM, not a CirclFi price target. How each model works →

What Is Salesforce, Inc. (CRM) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, Salesforce, Inc.'s intrinsic value is estimated at $167.64. Trading at its current price of $252.05, the valuation engine raises significant caution: 9 of 11 models flag downside risk, projecting a median implied return of -33.5%. Notably, Bayesian DCF sees the most upside at +60.6% (fair value: $404.88), while ML-RIV is the most conservative at -80.9% ($48.22). The spread between these extremes — +141.5% — reveals how different analytical frameworks can reach starkly different conclusions. Among models with highest confidence, Bayesian DCF lean bullish — adding weight to the bullish side of the thesis.

What Do the Models Say About CRM?

11 of 13 models are currently active for CRM. Of these, 2 models suggest upside while 9 models suggest overvaluation. Taken together, their median fair value for CRM is $167.64 — the figure CirclFi publishes as this stock's fair value. One component of that median, the Bayesian DCF, returns $404.88 on its own, implying +60.6% upside from the current price. See which stocks rank higher →

How Does CRM Rank in Software - Application?

Among 256 Software - Application stocks, CRM ranks #8 by Quality of Company score. CirclFi's QOC score of 9.4/10 evaluates 32 fundamental signals. A score of 9.4 places CRM in the top tier.

See all Most Undervalued Software - Application Stocks →

Salesforce, Inc.'s positioning within the Software - Application segment means that free cash flow margin plays an outsized role in fundamental analysis. The sector's unique characteristics — including platform stickiness — shape both the opportunity set and risk profile.

Is CRM a Value Trap?

CirclFi's Value Trap algorithm assigns CRM a score of 23/100 (SAFE). This indicates minimal risk. Fundamentals are healthy. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

11 of 13 models are active for Salesforce, Inc.. Broad coverage provides high confidence. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Deep Alpha Valuation Engine, Salesforce, Inc. scores 9.4 out of 10 on our 32-signal quality assessment, a elite rating that ranks among the highest-quality businesses in our coverage universe. The QOC score synthesizes profitability margins, revenue growth reliability, debt management, and capital allocation into a single metric designed to separate durable businesses from statistically cheap ones.

The gap between the most bullish and bearish model spans +141.5% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every CRM valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across CRM's 11 active models, average confidence is 53%. Moderate confidence indicates reasonable fit.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy Salesforce, Inc. Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Software - Application Stocks Should You Also Analyze?

11 related Software - Application stocks with 13-model coverage

IDCCInterDigital, Inc.QOC 9.5NOWServiceNow, Inc.QOC 9.4MANHManhattan Associates, Inc.QOC 9.6PEGAPegasystems Inc.QOC 9.4PCTYPaylocity Holding CorporationQOC 9.6ADBEAdobe Inc.QOC 9.4PTRNPattern Group Inc.QOC 8.0XPERXperi Inc.QOC 6.6GBUXGivBux, Inc.QOC 4.8ADSKAutodesk, Inc.QOC 9.8PTCPTC Inc.QOC 9.8

Read investment analysis: IDCC · NOW · MANH · PEGA · PCTY · ADBE · PTRN · XPER · GBUX · ADSK · PTC

Which Other Stocks Have a Similar Quality Score to CRM?

6 companies across all industries closest to CRM’s Quality of Company score of 9.4/10.

LLYEli Lilly and CompanyQOC 9.4IESCIES Holdings, Inc.QOC 9.4ABNBAirbnb, Inc.QOC 9.5TBTCTable Trac, Inc.QOC 9.5EPACEnerpac Tool Group Corp.QOC 9.4NVDANVIDIA CorporationQOC 10.0

Read investment analysis: LLY · IESC · ABNB · TBTC · EPAC · NVDA

Where Does CRM Sit in CirclFi's Software - Application Rankings?

CRM is ranked against every other Software - Application stock CirclFi covers in each of these screens.

See all Software - Application stocks ranked →

What Else Do Investors Ask About Salesforce, Inc.’s Valuation?

What is Salesforce, Inc.'s intrinsic value in 2026?

CirclFi puts Salesforce, Inc. (CRM)'s intrinsic value at $167.64 — the median of 11 independent model estimates as of 2026-08-27, ranging from $48.22 to $404.88. One component of that median, the Bayesian DCF, runs 10,000 Monte Carlo simulations with jump-diffusion and returns $404.88 on its own. The Quality of Company score is 9.4/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is CRM overvalued or undervalued right now?

At $252.05, 2 of 11 active models suggest CRM may be undervalued, while 9 indicate potential overvaluation. The median of all 11 fair value estimates is $167.64, 33.5% below the current price of $252.05 — a consensus view that CRM is overvalued. The assessment depends on which methodology best fits Salesforce, Inc.'s business model in Software - Application.

What does a Quality of Company score of 9.4 mean for CRM?

Salesforce, Inc.'s QOC of 9.4/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores above 7 indicate strong fundamentals and disciplined management.

How many valuation models does CirclFi run on CRM?

CirclFi analyzes CRM with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 11 of 13 are active for this stock. Read the full methodology →

Which valuation models are most bullish and most bearish on CRM?

Of the 11 models currently active on CRM, Bayesian DCF is the most bullish at $404.88 per share, and ML Residual Income is the most bearish at $48.22. CirclFi's published fair value for CRM is the median of that range, $167.64, not either extreme. The gap between the two ends equals 213% of the median — a wide spread, meaning the methods genuinely disagree and the median should carry less weight. Browse stocks by value-trap risk →

Is CRM a value trap in 2026?

Salesforce, Inc.'s Value Trap score is 23/100 (SAFE). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap.

Cite this analysis — “According to CirclFi’s 11-model valuation engine, Salesforce, Inc. (CRM) has a median fair value of $167.64 — 33.5% below the current price of $252.05 — as of 2026-08-27.” Source: circlfi.com/stock/CRM/ · Methodology
Primary sources for this CRM valuation
  • Financial statements: Salesforce, Inc. 10-K and 10-Q filings on SEC EDGAR (CIK 0001108524) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for CRM as of ; valuations recomputed .

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