CRM
Salesforce, Inc.
stock NYSE

Ah interesting, Darmesh said on twitter that he bought shares around 210 or something, thought it showed confidence. Look I get commit count is a stupid KPI, but do you think HUBS has the product chop to transition to an agentic CRM platform?

There are a lot of big 100b+ companies that are down quite a bit this year (NFLX, ACN, CRM, NKE, ADBE, UBER, to name a few) and I think what you're seeing is a lot of people are seeing $SPY at ATHs (because of big tech) and thinking: "well when my CRM stock comes back $SPY is going to go have to go even higher"...
They aren't really thinking about the idea that CRM is actually going to lose value in the long-run, they're just thinking "what goes down must come up". It's basically just a common misunderstanding of market dynamics.
They think something like ACN which has historically been one of the largest companies, is surely going to recover and they ignore the fact that the world is actually changing and knowledge-based consulting is now a lower value because answers that executives historically would hire Accenture to solve can now sometimes be solved by ChatGPT. They don't need a team of 5 management consultants to come up with a "go-to-market" strategy when now an intern with ChatGPT can develop that strategy in a week.... same idea applies to a lot of these historically huge companies.

ahh that is why u had foul language the other day. Let me put u on the map to make it up ok? CRM, SNOW and ZS Calls. Earnings beginning of September.

SaaS heads always talking NOW and CRM, but PAYC is where the moneys been at. On an absolute tear.

good value + Relative strength in that theme. Like wday new today -> IGV -> SAAS -> CRM, INTU probably up big tomorrow/next week, 5-10% is not much.

HUBS and CRM are not just SaaS, they’re systems of record.
By design, they are a pain in the ass to move off.
Needless to say I have picked up some of both in the bloodied streets.

Same with VFLO for SaaS
It’s rebalance loaded it with ADBE, ACN, INTU, CRM, UBER, BKNG, EXPE, WDAY, VEEV. I liked it much better than playing IGV that was holding a lot of overpriced SaaS. Just wish it also grabbed NOW

!banbet CRM 135 70d

In general big players in the traditional saas space have had a bit of a run in the last month.
I bought CRM three weeks ago because I thought AI was too far away from eating their business up. Maybe in 10 years, but it didn’t see it justifying the price drop from 360 to under 150 in the short term.
I think some big players and the market in general thinks there is some upside on these saas companies that have been beaten to the ground in the last year

NOW, ADBE, CRM, WDAY🚀🚀

Links to CRM but all software jumped at the same time
https://stocks.apple.com/AUUT0n1koTPSz61jfmbV5eA

$CRM

CRM just jumped $7 wtf

CRM wtf???

where my NOW and CRM is red and Microslop is about to do what it does best and go red

and this one - [HUBS (& CRM) - A short write up : r/ValueInvesting](https://www.reddit.com/r/ValueInvesting/comments/1uldu9p/hubs_crm_a_short_write_up/)

Imo my issue with HUBS is it's bet on agentic AI. The development is gonna pressure margins and the roll out is likely going to be aggressively priced to increase adoption. Meanwhile every crm / system of action platform is developing AI agents. Is HUBS winning idk. Another issue is that recent price hikes have alienated some of the SMB's whom now vote to go for many of the other CRM platforms. I have shares in Hubspot; but I have been reconsidering my conviction. Another post regarding HUBS: [HUBS down 22% pre market; Low Visibility & Headwinds : r/ValueInvesting](https://www.reddit.com/r/ValueInvesting/comments/1vgzlf3/hubs_down_22_pre_market_low_visibility_headwinds/) I don't believe it is going to be efficient for companies to vibe code their own CRM software. It is expensive (time & money) & it requires maintance, competencies etc. Not financial advice. I can have made mistakes.

I work in the CRM space. $HUBS will continue to grow in the SMB segment (100-500 employees), and lower end enterprise market. I see Attio and Zoho mentioned above, these are not really that competitive with Hubspot.
However, the days of hypergrowth are over. I could see the stock bouncing back up around $300 in the medium term (18 months) but I don't think we will see $700 again.
Personally I'd prefer $CRM in this space as an investment.

I think the interesting part is that AI may lower the barrier to building CRM features, but that doesn’t automatically remove the value of the data, integrations, workflows, and customer relationships built around a CRM.
The bigger question for me is whether established CRMs can adapt quickly enough as those features become easier to build. That shift could be more important than the software itself.

# CRM and HAPN: Could These 2 Stocks Double Within 12 Months?