Renowned investor Jim Cramer praised Salesforce (CRM) as a 'great company' in a recent market commentary, reinforcing positive sentiment around the cloud software leader. The endorsement comes as CRM shares approach a key valuation threshold and investors weigh its long-term growth trajectory.
- Jim Cramer labeled Salesforce (CRM) a 'great company' on February 28, 2026.
- CRM’s Q4 FY2025 revenue rose 13% YoY to $7.3 billion; EBITDA margin at 28.4%.
- Market cap: $248 billion; year-to-date gain: 16% vs. S&P 500’s 8.2%.
- Consensus price target: $247, implying 9% upside from current levels.
- 27 out of 32 analysts rate CRM a 'buy' or 'strong buy'; institutional ownership at 81%.
- After-hours trading saw CRM up 2.4% following the commentary.
Jim Cramer, a prominent voice in U.S. financial media, declared Salesforce (CRM) a 'great company' during a live segment on February 28, 2026, highlighting its dominant position in the enterprise cloud software market. His commentary emphasized the company’s consistent innovation, robust customer retention, and strategic acquisitions, including the 2023 integration of Slack and the 2024 purchase of Tableau’s remaining assets. Cramer noted CRM’s revenue growth had stabilized at 13% year-over-year in the last fiscal quarter, with adjusted EBITDA margin expanding to 28.4%—a sign of operational efficiency despite macroeconomic headwinds. The statement carries weight given Cramer’s influence on retail investors and hedge fund managers alike, particularly in the technology and software sectors. Salesforce’s market capitalization stood at $248 billion as of the close on February 27, placing it among the top 30 U.S.-listed companies by valuation. The stock has gained 16% year-to-date, outperforming the S&P 500’s 8.2% rise, driven by strong performance in its Salesforce Service Cloud and Einstein AI products. Analyst estimates reflect cautious optimism, with 27 out of 32 firms maintaining 'buy' or 'strong buy' ratings on CRM. The consensus price target of $247 per share implies a 9% upside from current levels, based on projected FY2026 revenue of $34.2 billion. Institutional ownership remains high, with 81% of shares held by mutual funds and pension funds, indicating long-term confidence. The broader market response has been positive, with CRM shares trading 2.4% higher in early after-hours trading following Cramer’s remarks. Technology ETFs such as the ARK Innovation ETF (ARKK) and the Technology Select Sector SPDR Fund (XLK) also saw modest inflows, reflecting renewed interest in high-growth software names.