Meet Kevin on CRM
Every thesis Meet Kevin has voiced on CRM — 12 in all, newest first, with the arguments and risks behind each. Reads as the evolution of their view: the bottom is where they started, the top is where they landed.
MixedElection, Fed, & Iran Fears | Buying the DipOct 23, 2026
Open source video →Kevin discusses Salesforce's proposed charges for outside AI agents as a response to threats to traditional software pricing. He acknowledges both the disruption from more efficient agents and Salesforce's ability to introduce new fees.
Key arguments
- AI agents may undermine seat-based and usage-based software economics.
- Registration and access fees could monetize outside agents using Salesforce data.
Risks acknowledged
- Charging for API access is already common.
- Agents operating through a human user's computer may complicate enforcement.
BullishStocks Fall, Yields Fall, the $140b SUCKENING ReturnsOct 13, 2026
Open source video →Kevin views Salesforce's recovery above $230 and subsequent advance favorably. He groups it with software stocks benefiting while capital-intensive AI hardware names face pressure.
Key arguments
- Salesforce has recaptured $230 and continued climbing.
- He notes a roughly 4.2% gain during the stream.
- He identifies selective software rotation as a market theme.
Risks acknowledged
- The discussion describes an existing breakout rather than a fresh forward target.
NeutralWe have *JUST* 7 days left.Oct 13, 2026
Open source video →Kevin mentions Salesforce as one of the software names investors select during rotation away from pressured hardware stocks. He provides no developed company-specific thesis or own directional investment recommendation.
Key arguments
- Investors may selectively rotate into software names during AI financing-related market pressure.
Bullishwtf... $1 million in 72 hours..... faaaaaaaaaaOct 9, 2026
Open source video →Kevin names Salesforce as another example of a company whose developers are gaining useful capabilities from AI. This supports a favorable operating narrative but does not constitute a forecast for Salesforce shares.
Key arguments
- Better AI tools can amplify the capabilities of skilled software developers.
- Human expertise combined with AI can enable additional business products.
Risks acknowledged
- Using AI without skilled humans can yield low-quality products.
BullishMarket Recovery, Fed Bailout, Iran, War, Oil, MicronSep 30, 2026
Open source video →Kevin cites Salesforce's approximately 3% gain as another example of the current software rebound. His forecast references concern an earlier report, so no new prediction is extracted.
Key arguments
- Salesforce is up approximately 3%.
- Its performance supports his account of a software-sector recovery.
BullishWall Street is Warning: The Crash of 2027 is Coming: PREPARE.Sep 3, 2026
Open source video →Kevin is bullish on Salesforce, highlighting its strong free cash flow yield and management's aggressive debt-funded buyback strategy as evidence of conviction and value. He sees further upside potential from current levels.
Key arguments
- Bought Salesforce around $163-165 when free cash flow yield was roughly 13%
- Management borrowed $27 billion to buy back $25 billion of stock, a strong signal of conviction
- Current free cash flow yield remains strong at about 6.9%, above peers like Palantir (1%) and Broadcom (3%)
Risks acknowledged
- Cash flow is lumpy and should not be annualized, which could overstate the yield
1 prediction from this thesis
BullishThe Fed JUST Bailed Us Out.Sep 3, 2026
Open source video →Kevin noted that Salesforce was also called out as upside in the morning alpha report amid a broader software dip-buy thesis, and it was up about 3% at the time of recording. This is a recap of a prior call rather than a new prediction.
Key arguments
- Part of the broader software dip-buying opportunity flagged this morning
BullishThe Software Stock Bottom is IN: Is it TOO LATE to Buy?Aug 29, 2026
Open source video →Kevin argues Salesforce got unjustifiably cheap during the 'SaaS apocalypse,' pointing to a ~13% free cash flow yield and CEO Marc Benioff buying back stock at $191 as proof of undervaluation. He believes fair value is in the mid-$400s (he cites $458), roughly double the price he bought at, while acknowledging pricing power and growth risks.
Key arguments
- Bought shares around $165 on a ~13% free cash flow yield and 0.9 PEG ratio
- CEO raised $26B in debt to buy back $25B of stock at ~$191, signaling undervaluation
- Operating margin beat (34.1% vs 33.6%) and AI/Data 360 revenue growing faster (20%) than core Agent Force apps (7.6%)
- Cash flow yield of ~7% currently, still 3.5% even at a $450 fair value
Risks acknowledged
- Pricing was not a significant driver of revenue growth, suggesting weaker pricing power
- Professional services revenue declined ~4% due to fewer large multi-year transformation deals
- RPO grew only 14%, a slight miss, and subscription/Q3 guidance beats were narrow
- Integration with Claude ('Claw Force') could eventually let customers bypass core Salesforce infrastructure
1 prediction from this thesis
BullishMajor Earnings: Marvell, Iren, Autodesk, Affirm, Workday StockAug 27, 2026
Open source video →Kevin describes buying Salesforce in the low $160s as it fell toward $146, believing the software sector was bottoming, and now points to a clean technical breakout out of a downtrend channel as validation. He frames this as an example of building a position before a broader market catch-up rally.
Key arguments
- Bought shares in the low $160s range as the stock fell to $146
- Sees a clean breakout out of a multi-month downtrend channel
- Views this as evidence software stocks are bottoming broadly
BullishThe AI Stock Rally is BACK. For Now.Aug 27, 2026
Open source video →Kevin is bullish on Salesforce following its earnings, citing the new Agentforce/Claude-powered CRM product, strong free cash flow growth, and major new enterprise customer wins as validation that the AI-disruption fears were overblown.
Key arguments
- Announced 'Claude Force,' an AI CRM product built with Anthropic
- Free cash flow up 81% year-over-year
- Major new customer wins including Booz Allen, Mercedes-Benz, World Cup, Robinhood
BullishWhy I'm Buying the Dip BIGLYAug 26, 2026
Open source video →Kevin views Salesforce as one of several names sitting near its 200-day moving average that could see renewed buying as capital rotates into advertising/enterprise software plays. He frames this as an emerging opportunity rather than a completed move.
Key arguments
- Salesforce is close to its 200-day moving average, unlike much of the S&P 500 which is above it
- Sector rotation into advertising-adjacent names is expected
NeutralStarting Over, the Lying Job Market, AI Collapse, & Investing.Aug 11, 2026
Open source video →Kevin is uncertain whether Salesforce can successfully integrate AI to reinvent its product and prove pricing power, taking a wait-and-see stance.
Key arguments
- Unclear if Salesforce can turn AI into a meaningful differentiator versus its legacy product
