Salesforce stock looks undervalued as AI concerns weigh on shares

We all know Salesforce as a top‑name in cloud software and customer‑relationship tools. In 2025, the company will keep growing its cloud and AI business strongly. Its Data Cloud and AI services now bring in over US$1.2 billion in annual recurring revenue, up 120% year over year. Still, its stock is trading well below its past highs. Many investors are worried that the company’s big push into AI won’t pay off soon. That makes the current share price feel surprisingly low, especially when we look at how solid the business remains. We examine recent stock performance, how AI concerns shape investor sentiment, why the fundamentals still look strong, the key risks, and why Salesforce may still be a smart long-term play.