BLK vs CRM: Which Is the Better Buy?
Side-by-side comparison of BlackRock, Inc. and Salesforce, Inc. โ fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-09-22.
BlackRock, Inc. ยท Financial Services
$1,069.78
+44.0% upside to fair value
High Conviction
Grade A
High Quality
VS
Salesforce, Inc. ยท Technology
$236.42
+11.6% upside to fair value
Med Conviction
Grade B
High Quality
QuantHub Verdict
BLK has more upside to fair value
(+44.0%).
These are model outputs โ not personalized investment advice.
See all research โ
Valuation & Fundamentals
| Metric |
BLK |
CRM |
| Current Price |
$1,069.78 |
$236.42 |
| Fair Value Estimate |
$1,540.94 |
$263.88 |
| Upside to Fair Value |
+44.0%
|
+11.6%
|
| Market Cap |
$165.8B |
$193.6B |
| Forward P/E |
โ
|
โ
|
| EV / EBITDA |
15.9x
|
14.4x
|
| Price / Sales |
6.1x
|
4.4x
|
| Price / FCF |
71.5x
|
12.8x
|
| Revenue Growth YoY |
+30.6%
|
+10.8%
|
| Gross Margin |
55.7%
|
77.3%
|
| Operating Margin |
31.1%
|
21.4%
|
| Return on Equity |
11.7%
|
20.2%
|
| Dividend Yield |
2.09% |
0.73% |
| FCF Yield |
1.4%
|
7.82%
|
| Analyst Consensus |
Strong Buy
|
Buy
|
Investment Thesis
BlackRock is the world's largest asset manager, overseeing $15.345 trillion in assets across ETFs, active strategies, alternatives, and the Aladdin investment-technology platform, serving institutional, intermediary, and individual clients globally. The business quality is high: TTM gross margin of 55.7%, operating margin of 31.1%, and net margin of 24.1% reflect the scalability of a fee-based moโฆ
Salesforce is the leading enterprise customer relationship management platform, spanning Sales, Service, Platform, Marketing, Commerce, Tableau, MuleSoft, and Slack under the Customer 360 umbrella, with 83,334 employees and a business that converts $53.65 of revenue per share into $18.48 of free cash flow per share. Business quality is high: TTM gross margin of 77.3%, TTM operating margin of 21.4โฆ
Accumulation Zones
| Metric |
BLK |
CRM |
| Zone Low |
$1,155.70 |
$197.91 |
| Zone High |
$1,309.80 |
$224.30 |
| In Buy Zone? |
Yes
|
No
|