12 Best Cloud Computing Stocks to Buy According to Analysts

4) Salesforce, Inc. (NYSE:CRM)

Number of Hedge Fund Holders: 116

Average Upside Potential: 30.5%

Salesforce, Inc. (NYSE:CRM) provides cloud-based software for businesses managing customer relationships, sales, marketing, and customer service. The company continues to enhance its core offerings, such as Sales Cloud and Service Cloud, with AI capabilities. Also, its Data Cloud is well-placed to benefit from the AI trend, with customers exploring AI-driven CRM deployments. Salesforce, Inc. (NYSE:CRM) plans to continue investing in its Data Cloud offerings, which should drive future growth.

The company’s Data Cloud was included in 8 of the top 10 deals in FQ3 2025, demonstrating its importance in AI transformations. Notably, 25% of the Fortune 100 are data cloud customers. IBM, one of Salesforce, Inc. (NYSE:CRM)’s valued strategic partners, selected DataCloud to enhance their global client service with a unified view of all client interactions and actionable usage insight that can deliver more efficient personalized experiences. Through leveraging IBM’s global reach, reputation, and expertise, Salesforce, Inc. (NYSE:CRM) can ramp up Data Cloud adoption, foster cross-selling opportunities, and fuel long-term growth throughout its ecosystem.

With 1.9 trillion weekly AI transactions through Model Builder and 83.2 billion weekly workflows through Flow Builder, Salesforce, Inc. (NYSE:CRM)’s AI-driven Data Cloud is being regarded as a critical growth driver. Apart from long-term prospects, Goldman Sachs identified near-term tailwinds for the company. These include macroeconomic improvements, elevated AI spending in the application layer, the Data Cloud’s increasing contribution, and anticipated cyclical improvements in the Marketing and Commerce Cloud which can result in reacceleration of growth.