Joseph Carlson on Salesforce (CRM): the quotes, dated.
8 dated quotes about Salesforce stock (CRM), selected from all 117 Joseph Carlson videos published since 2025-09-10 — a selected record, not the complete history. Each links to the exact second on YouTube, with CRM’s close that day and what the stock did since.
Every quote is reproduced word for word from the video and linked to the second it was said.
- CRM close, 2026-10-23
- $248.57
- Price since the first quote, Sep 12, 2025
- +2.4%
- S&P 500 (SPY), same period
- +15.6%
- vs the S&P 500
- -13.2 pp
- Latest stance, Feb 26, 2026
- Valuation view
- Mentions found
- 140 in 35 of 117 videos
The short version
In September 2025 Joseph Carlson said Salesforce was near an all-time low valuation, with its PE ratio at its lowest in five years. In October 2025 they described sentiment toward the stock as extremely poor despite improving fundamentals, said they would keep holding as long as fundamentals stayed positive, and could see the shares returning above $300, into the $330 range. In December 2025 they said conservative-to-bearish assumptions implied a 15% return, and reported being virtually flat on a $65,800 position they planned to keep a while longer. In February 2026 they said they had sold Salesforce to fund more Meta; later that month they called Salesforce undervalued but Meta the better deal.
Summary of the quotes on this page. Updated .
What Joseph Carlson said last · Feb 26, 2026
Valuation view
“I still believe that the company's undervalued. Part of the reason that I sold the stock off weeks ago is simply because I think that meta is a better deal.”
No clear directional call
These quotes do not establish a clear bullish or bearish call.
CRM from to . Price movement, not the creator’s realized return.
Price up since 6 of 8 quotes · Stock ahead of SPY: 2 of 8
Leaderboard result: Not scored (no clear directional call). How it is scored
Joseph Carlson’s price target and valuation calls on CRM
A price target, a fair-value estimate and a price worth buying at are different things. Each line below quotes which one was said, and when.
Valuation view
Salesforce is again near an all-time low valuation. Even going back 5 years, the PE ratio is down to its all-time low.
Price target
I could see Salesforce easily going back up to above $300 per share, into the 330 range.
Valuation view
So, I'm looking at Salesforce. I plug in very, I would say, conservative to bearish assumptions and I get a 15% return.
Valuation view
I still believe that the company's undervalued. Part of the reason that I sold the stock off weeks ago is simply because I think that meta is a better deal.
Price and the calls
Use the left and right arrow keys to explore daily closing prices, Home and End for the first and last date, and Escape to dismiss the price tooltip. Tab to a numbered marker and press Enter to jump to its quote. Month-end prices are also available in the table below.
CRM · daily close, split-adjusted · 2025-08-13 → 2026-10-23 · source: Yahoo Finance
Table view: month-end closes
| Month end | Close |
|---|---|
| 2025-08-29 | $256 |
| 2025-09-30 | $237 |
| 2025-10-31 | $260 |
| 2025-11-28 | $231 |
| 2025-12-31 | $265 |
| 2026-01-30 | $212 |
| 2026-02-27 | $195 |
| 2026-03-31 | $187 |
| 2026-04-30 | $177 |
| 2026-05-29 | $191 |
| 2026-06-30 | $157 |
| 2026-07-31 | $184 |
| 2026-08-31 | $258 |
| 2026-09-30 | $230 |
| 2026-10-23 | $249 |
Use the left and right arrow keys to explore daily closing prices, Home and End for the first and last date, and Escape to dismiss the price tooltip. Tab to a numbered marker and press Enter to jump to its quote. Month-end prices are also available in the table below.
CRM · daily close, split-adjusted · 2025-08-13 → 2026-10-23 · source: Yahoo Finance
Table view: month-end closes
| Month end | Close |
|---|---|
| 2025-08-29 | $256 |
| 2025-09-30 | $237 |
| 2025-10-31 | $260 |
| 2025-11-28 | $231 |
| 2025-12-31 | $265 |
| 2026-01-30 | $212 |
| 2026-02-27 | $195 |
| 2026-03-31 | $187 |
| 2026-04-30 | $177 |
| 2026-05-29 | $191 |
| 2026-06-30 | $157 |
| 2026-07-31 | $184 |
| 2026-08-31 | $258 |
| 2026-09-30 | $230 |
| 2026-10-23 | $249 |
What Joseph Carlson said, when
- 1
— Valuation view
11:36 “Salesforce is again near an all-time low valuation. Even going back 5 years, the PE ratio is down to its all-time low.”
Discussed in a video about undervalued companies, alongside free cash flow yield and earnings growth.
- 2
— Risk acknowledged
31:03 “Despite the fundamentals improving, the overall sentiment for Salesforce is completely in the gutter. Things could not be worse sentiment-wise.”
Speaking about pure software companies that investors fear AI will disrupt, the speaker called Salesforce their biggest loser.
- 3
— Conditional
30:58 “But I'll personally continue to hold my shares as long as the fundamentals continue in the positive.”
Said after the stock fell when Salesforce announced an expanded AI partnership with OpenAI.
- 4
— Price target
16:36 “I could see Salesforce easily going back up to above $300 per share, into the 330 range.”
Said after the Dreamforce presentation of targets to reaccelerate growth; the speaker believed the stock was at trough valuations.
- 5
— Valuation view
18:51 “So, I'm looking at Salesforce. I plug in very, I would say, conservative to bearish assumptions and I get a 15% return.”
Part of a video running DCF valuations on popular stocks.
- 6
— Disclosed holding
10:44 “I continue to hold Salesforce and in fact, as of right now, I am virtually flat on the company. I'm down $900 on a $65,800 position, but I'm going to stick into Salesforce for a little longer.”
Said in a year-end review after the stock fell more than 19% in 2025.
- 7
— Sold / selling
10:09 “Now, part of where I raised money for this is with the sale of Salesforce. I sold the company this morning.”
The proceeds went toward buying more Meta, which the speaker considered a better company.
- 8
— Valuation view
16:04 “I still believe that the company's undervalued. Part of the reason that I sold the stock off weeks ago is simply because I think that meta is a better deal.”
Said after reviewing Salesforce's latest earnings report, revenue growth and operating margins.
No quote added since · 63 later videos from Joseph Carlson · covers videos through
Other creators on CRM
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How to read this
Quotes are short excerpts from Joseph Carlson's public YouTube videos, attributed to the speaker and linked to the timestamp. “Close that day” is CRM's split-adjusted closing price on the day the video was published (New York time); if markets were closed that day, the last close before it. If the stock has split since a quote, the card shows the price it traded at that day and, beneath it, the split-adjusted close the % change uses. “Since” compares that close with the latest close on 2026-10-23. It is a price observation, not the creator's realized return, and not investment advice. How the price change is calculated. Next to it we show SPY, the ETF tracking the S&P 500, over the same two dates — so a move can be read against the market rather than on its own: why we compare with SPY. Each quote also carries a label — Named as a pick, Risk acknowledged, Reducing — describing what kind of statement it was: see what the labels mean.
Coverage: 117 of 117 videos published since 2025-09-10 covered; 140 Salesforce mentions found. Prices as of 2026-10-23.
Independent record — not affiliated with or endorsed by Joseph Carlson. Request a correction or removal