Is Salesforce Stock a Hidden Opportunity After Recent Weakness?

As major technology indices posted solid gains throughout 2025, shares of Salesforce experienced a contrasting trend, declining by more than 21 percent. This divergence, however, may now present a potential entry point for investors. Market researchers are labeling the software giant as undervalued and anticipate a possible recovery in the coming year. A central factor in this outlook is the company's new "Agentforce" AI platform and its capacity to drive meaningful revenue growth.

Recent regulatory filings from institutional investors reveal a split in market opinion. Asio Capital decreased its stake by nearly 30 percent in the third quarter. Conversely, Regent Peak Wealth Advisors established a new position, acquiring over 2,000 shares. These opposing moves highlight the prevailing uncertainty: some investors are securing profits, while others are using the lower valuation multiples to initiate or add to positions.

The critical challenge for Salesforce is translating the high expectations surrounding its artificial intelligence strategy into tangible financial results. Forthcoming quarterly earnings reports must demonstrate whether the substantial investments in autonomous AI systems can effectively generate sales growth.

Valuation Metrics Suggest a Discount

Salesforce currently trades at a price-to-sales multiple of 5.47, which sits notably below the industry average of 7.58. Analysis from Nasdaq also indicates that its forward price-to-earnings ratio of approximately 20 signals undervaluation compared to other technology heavyweights. In a recent assessment, investment bank Evercore explicitly named Salesforce as its "top pick in enterprise software for 2026."

Should investors sell immediately? Or is it worth buying Salesforce?

The stock price is currently near $266, holding well above its 52-week low of $222. It remains, however, significantly distant from its yearly peak of $367. Market observers interpret the recent stabilization around the $260 level as a potential formation of a technical bottom.

The "Agentforce" AI Platform as a Potential Catalyst

The introduction of "Agentforce" forms the core of the bullish thesis. This autonomous AI platform is designed to independently execute tasks, moving beyond the capabilities of conventional AI assistants. While 2025 was marked by widespread skepticism regarding the monetization potential of AI applications within the software sector, 2026 could see a shift in this sentiment.

With Agentforce, Salesforce is transitioning from a pure SaaS provider toward an "Agentic Enterprise" model. The expectation is that its AI products will deliver measurable contributions to revenue, which need to become evident in upcoming quarterly financial statements.