CRM
Salesforce, Inc.
stock NYSE

I have a start up that implements ERP and CRM tools for small companies. Here’s my take and ill try to keep it short (unlike your post😛).
There are many small companies and there are many small ERP options. Those small companies can ask me to build them a makeshift ERP tool or a customized Odoo ERP to handle their operations, all in one platform. No big deal. It’s a small investment and they can use it at a relatively low maintenance cost.
Then there are the large companies that need ERP (like SAP) to coordinate workflows between many departments, a CRM (like Salesforce) for their many sales employees and maybe APIs that connect both together and to a Microsoft ecosystem (Teams/ Outlook). Those companies wont move anywhere. They are a sustainable cash generator for Salesforce. The cost of moving to a different platform is proportional to the size of their operations. Those companies are the reason why software companies like Salesforce have a gross margin of 77%.
So what will happen, for big companies, as those companies grow, they will keep adding users, more subscribers for ERP/CRM. Small companies that scale up, more subscribers for ERP/CRM. Smaller companies more likely to shop around ERP/CRMs and test other tools built by AI. But when they want a reliable platform that doesn’t hallucinate over their accounting books, they will go to a developer and ask for a reliable ERP.

I can’t see any bottom of traditional SaaS, I just built a simple CRM for myself in one day, with agents not only working for me but improving the system. 

💯 **agree.** I strongly believe AI is going to be a significant catalyst for CRM too.

CRM wants to go red here I can feel it

Is make a big distinction between saas like ADBE and CRM.
ADBE is pure software. I can imagine Claude code writing a replacement.
CRM is a data warehouse. It contains valuable business data. Claude code is going to make it more valuable.

New players have no enterprise relationship, which I think is the biggest moat for CRM and NOW.

WTF Intuit your the only one that’s shitting the bed while all the other stocks are up ADBE, NOW, and CRM 🤬🤬🤡🤬🤬

Yeah no fucking kidding.
I'm a product manager on a (non Oracle) product, and was recently working on an integration effort between our product, some Oracle stuff, and a few other third party tools and goddamn Oracle's stuff was a huge pain in the ass. I mean any big ERP or CRM is, by nature of being a big blob of capabilities just sorta taped on in layers over the years, but Oracle is particularly egregious.

SaaS giants like **INTU, ADBE, CRM, NOW and others** are down big. I’ve already started building positions in a few of these, and honestly, I’m happy to see the prices fall even further as long as the underlying numbers stay solid.
But the next 6 months are a huge opportunity for long-term investors. Here is why:
1. **The next 2 earnings will show the truth:** Everyone is panicking about AI. These next two earnings reports will finally show us the reality, whether AI is actually **disrupting** these companies and causing them to decline, or if it's **amplifying** their business while they continue beating estimates.
2. **The Peter Lynch Tax Dump:** Even if these companies smash earnings, expect their stock prices to drop even lower later this year. Peter Lynch always pointed out that in Q4, **both big hedge funds and individual investors** aggressively dump their losing stocks. They do this for "tax-loss harvesting" - selling their losers before the end of the year to offset the taxes they owe on their winning trades. When everyone rushes for the exit at the same time just for a tax write-off, it forces stock prices.
**The Bottom Line:** We are about to see if these fundamentals are actually intact. If the upcoming earnings show these businesses are not disrupted and are still beating estimates, but we *still* see a price crash in November-December because of tax-loss selling, it is an absolute gift to long-term investors

CRWD SNOW CRM NET NOW

Stock Price and fundamentals do not always convolute. The stock is done, the hyper growth is over. PLTR stock has matured. I am obviously still long if you look into my comment histroy with 700 shares, but any new capital I have will be deployed in CRM and NOW (calls and LEAPS that is) and ZS, RBRK my new darling with hyper-growth. The first two are beaten the fuq down beyond any justification. (Look at where HUBS is trading). PLTR is growing no doubt, but the stock price just ran way ahead. In the short term, I think above names will recuperate faster.

I don’t love giving specific individual stock recommendations (mostly a lurker) because at the end of the day with how the market can be irrational longer than you can be rational it’s in a way educated gambling. I personally got into NOW and am also putting cash into INTU, CRM, and a smaller amount into ADOBE. Definitely do your own research though. I’m really happy with how my portfolio has preformed so far but im still a kid in the investment world (only been doing it 5-6ish years which has also been a disproportionately good time for investors) so I know anything can happen.

I think what's happening is the market is reacting to business fundamentals not financial fundamentals.
People are seeing hardware orders thru 2027 capacity and no signs of it slowing down. Meanwhile firms are using AI to reduce costs of SaaS companies like CRM and ADBE.
Now that being said, does the shift in business fundamentals warrant such a drastic shift in valuations? I don't know.
But it is very possible that software has a very loe barrier now that AI exists. And you can see this in the software engineering job market. So while the price shifts are dramatic, they may not be wrong!

CRM -42.60% ytd, dear lord lmaooooooo

Every AI doing CRM will still need a platform to enable the AI and it’s database. Big companies will not put their trust in any random ai workflow/ agent. Neither will their customers. How the data is handled/ processed is a key aspect in the commercial stage.
1-10fte crm landscape will likely change, since ai leans heavily into flexibility for these companies. But medium/ enterprise? I dont see it in the near future.

CRM, ADBE, NOW

No one would ever pay for those tokens used to generate millions of CRM apps per request which were already built. Wtf

Every SaaS that is competing with a giant. CRM market is insanely saturated.

$CRM, please tell me its the turning point

CRM and ADBE competing for 52 week low every damm day