Why These 15 Big-Cap Stocks Are Plunging So Far in 2025

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8. Salesforce Inc (NYSE:CRM)

Number of Hedge Fund Holders In Q4 2024: 162

Salesforce Inc (NYSE:CRM) provides cloud-based customer relationship management (CRM) software and enterprise products.

The stock is down significantly so far in 2025 due to Salesforce reporting Q4 fiscal 2025 revenue of $9.99 billion, which came in below consensus estimates of $10.04 billion.

EPS exceeded expectations at $2.78, and the slower-than-expected adoption of its AI-powered Agentforce platform weighed on results. Moreover, the FY2026 guidance projected revenue growth to stabilize in the high single digits and fell short of market expectations.

Also, Salesforce announced that Robin Washington would assume the combined role of President and Chief Operating and Financial Officer (COFO). Since then, investors expressed concerns over consolidating two critical roles, which traditionally have been separate.

The consensus price target of $365.32 implies 27.24% upside.

CRM stock is down 14.05% year-to-date.

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