CRM
Moving with its software peers
- CRM +3.77% on the last session vs SPY +0.12%: +3.6 pts of stock-specific move.
- Software basket +2.2% (+2.0 pts vs SPY; INTU +6.3%, NOW +5.5%, WDAY +4.8%, ADBE +4.3%): the stock moved with its peers.
- Aftermath, big gain (+3.8% today so far, past its big-gain line of +2.8%): After its 60 big gains in the past 5 years, CRM was higher a day later 36 times out of 60; half the outcomes fell between -1.1% and +1.6%. History, not a forecast.
- 1 analyst action in the past 10 days (1 positive, 0 negative); latest: B of A Securities upgraded to Buy, raised target $160 → $285.
- 2 insider or congressional trades in the past 30 days, including 1 insider open-market buy.
- Market backdrop (Today): Core PPI m/m 1.3% vs 0.3% expected (hotter); Core Retail Sales m/m 0.9% vs 0.6% expected (stronger); S&P futures -0.08%, 10-year yield -3bp in the 30 minutes after.
Bargain & stretch prices
Prices CRM only reaches with set odds, from its own recent swings. Odds, not a forecast.
| Today | Next 5 sessions | |
|---|---|---|
| Stretch sell side |
242.12 +2.6% reached 3 in 10 days reached today |
249.97 +5.9% reached 3 in 10 weeks |
| Now | 244.85 · prior close 235.95 | |
| Bargain buy side |
229.94 -2.5% reached 3 in 10 days |
222.71 -5.6% reached 3 in 10 weeks |
More patient or more eager
| Bargain | Reached | Stretch | Reached | |
|---|---|---|---|---|
| Today | ||||
| Patient | 228.02 | 2 in 10 days | 244.16 | 2 in 10 days |
| Balanced | 229.94 | 3 in 10 days | 242.12 | 3 in 10 days |
| Eager | 231.74 | 4 in 10 days | 240.24 | 5 in 10 days |
| Next 5 sessions | ||||
| Patient | 218.58 | 2 in 10 weeks | 254.70 | 2 in 10 weeks |
| Balanced | 222.71 | 3 in 10 weeks | 249.97 | 3 in 10 weeks |
| Eager | 226.64 | 4 in 10 weeks | 245.64 | 5 in 10 weeks |
"3 in 10 days" means the price was reached on about 3 of every 10 days like this one. Patient prices are further away and come less often; eager ones are closer and come more often. From CRM's daily swings (about 2.7% a day lately), anchored on the Oct 14 close. The odds were measured on 10 years of S&P 500 prices (they move about 3 points from year to year with the market: bargain prices come more often in falling years, stretch prices in rising ones), and where a situation below changed them consistently (in at least 8 of 10 years), they are adjusted and marked. In those tests, waiting for the bargain price did no better on average than buying at the close: what you save when it comes, you pay when it doesn't.
Situations on the Oct 14 close
Big drop and big gain: among CRM's own worst or best 10% of daily moves, as on the Aftermath tab. The past times are history: in our tests, how a stock did after its earlier times did not predict the next one, and across the S&P 500 none of these situations leaned up or down except, weakly, an all-time high followed by a big drop. Not advice.
Price ladder
| Highest analyst target | 475.00 +94.0% |
| All-time closing high Dec 4, 2024 |
362.58 +48.1% |
| Mean analyst target | 285.68 +16.7% |
| 52-week closing high Dec 29, 2025 |
264.42 +8.0% |
| Stretch, next 5 sessions | 249.97 +2.1% |
| Now | 244.85 |
| Previous close Oct 14, 2026 |
235.95 -3.6% |
| 50-day average | 228.78 -6.6% |
| Bargain, next 5 sessions | 222.71 -9.0% |
| 200-day average | 198.40 -19.0% |
| Lowest analyst target | 165.00 -32.6% |
| 52-week closing low Jun 22, 2026 |
149.86 -38.8% |
Closing prices (all-time = the 22 years Yahoo has). Percentages are the distance from now. These are levels people watch, not levels the price has to respect. Not advice.