Exent Research · Market Note

A Bernstein analyst said sell Salesforce at $294. It is down 47%.

The rating was public before the fall. And right now, the same warning is flashing on another software stock millions of people hold.

Exent Research Desk4 min read

Maintained: Sell

CRM · Salesforce · Now: $240.70 · -29% from call

1 Sell$339.24

Feb 3 ’25

2 Lowest$150.12

-56% from call

3 Now$240.70

-29% from call

The marker is the analyst's Sell rating. Price history is shown for context. Past performance does not predict future results.

In February 2025, Salesforce (CRM) traded near $295 a share. It sits in the Dow, in nearly every index fund, and in millions of portfolios.

One Bernstein analyst rated it a Sell.

No email blast. No campaign. Just a rating, filed in public, where almost no self-directed investor thinks to look.

Salesforce fell toward $150 in the months that followed. It trades near $241 today, down roughly 29% from the call, and it has stayed there.

The rating was there the whole time.

This is the half of Wall Street nobody sells you. A newsletter makes money telling you what to buy. It has no reason to tell you when to get out.

Exent Radar tracks every rating, the Sells as well as the Buys, and what happened after each one. Warnings on the stocks you already hold. Before the drop, not after.

This is not history. It is happening now.

Right now, that same signal is flashing on another software name a lot of people own. A top-rated analyst has issued a fresh Sell, with more than 40% downside to their target.

It is not an obscure ticker. It is a name you have heard of, and it may be sitting in your account today.

We are not going to wrap it in a story. The ticker, the analyst, and the target are inside Radar.

The next call

LockedLive Radar

A widely-held software stock

Current rating
Sell
Downside to target
41.4%
Ticker
XXXX

Third-party opinion, not an Exent recommendation.

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Analyst ratings, rankings, and price targets shown are third-party opinions sourced from public records. They are not recommendations, endorsements, or investment advice from Exent. Exent is not affiliated with, sponsored by, or endorsed by Bernstein, or by any analyst or firm referenced. Firm and analyst data is aggregated from publicly available sources. The Salesforce example is illustrative and is not typical of any result you should expect. A past call does not predict the outcome of any future rating. Individual results vary, and past performance does not predict future results. Revealing a rating inside Radar is access to information. It is not a recommendation to buy, sell, or hold any security. All investing involves risk, including the possible loss of principal. Exent is not a broker-dealer or a registered investment adviser, and nothing here is personalized investment advice. © 2026 Exent. All rights reserved.