ATLAS
Enterprise AI applications·US·San Francisco, CA·#9 / 31 in segment·0.9% of segment mcap
$180.10
-63.4% vs S&P 12m

Enterprise CRM leader; Agentforce repositions the business around outcome-priced AI agents.

If AI agents become measurable line items in enterprise budgets, Salesforce is the largest installed base to monetize them on.

Products
  • Sales/Service/Marketing Cloud
  • Agentforce
  • Data Cloud
  • Slack
  • Tableau
Customers (1)
  • Enterprises globally

Composite score

Higher = stronger overall research case

64
Fundamental71
Technical21
Valuation85
AI relevance78
Risk-adjusted (higher = safer)49
Segment-relative fundamental percentile: 86

Synthetic 1Y price action

Deterministic price series; 50d (yellow) and 200d (orange) MAs shown

3M RS: -11.1%6M RS: -35.4%12M RS: -63.4%Vol30d: 48%DD52w: -36.5%

Financial summary

Curated, illustrative

Revenue
$41.52B
Growth (YoY)
12.1%
Gross margin
77.7%
Operating margin
19.2%
FCF
$16.37B
Capex
$0.00
Net cash / (debt)
$-8.15B
ROIC
5.2%
Customer conc.
Medium

Valuation

Market cap
$147.33B
Enterprise value
$155.48B
P/E (TTM)
23.1x
Forward P/E
12.1x
EV / Sales
3.7x
EV / EBITDA
12.4x
P / FCF
9.0x
PEG
1.0x
Rule of 40

Risks

Severity 1 (low) to 5 (severe)

  • 3
    Agentforce monetization timing
  • 4
    Microsoft Copilot competition

Score components

What drove the composite

Growth54
Profitability63
Cash generation97
Balance sheet72
Moat / AI relevance75
Capital intensity (higher = lighter)83
Customer diversification60
Valuation discipline (dilution)65
Trend (MA50/MA200)5
Momentum (3/6/12m)34
Relative strength16
Realized vol (higher = lower vol)44