Wolfe Research cuts Informatica stock rating on CRM deal outlook

Published 28/05/2025, 07:34
Wolfe Research cuts Informatica stock rating on CRM deal outlook

On Wednesday, Wolfe Research adjusted its stance on Informatica (NYSE:INFA) stock, downgrading the rating from Outperform to Peer Perform. The shift in rating comes as a response to the anticipated acquisition of Informatica by CRM, which is expected to be finalized in early 2026. According to InvestingPro data, Informatica demonstrates strong financial health with a perfect Piotroski Score of 9 and impressive gross profit margins of 80.5%.

The analyst at Wolfe Research provided insights on the decision, stating that the acquisition is already reflected in Informatica’s current stock price, thus suggesting limited potential for further stock appreciation. This assessment aligns with technical indicators, as InvestingPro analysis shows the stock’s RSI suggesting overbought territory, following a significant 25.8% return over the past week. The analyst expressed a belief that the acquisition represents the most favorable outcome for Informatica’s shareholders and noted the improbability of a higher competing offer emerging.

The acquisition by CRM is seen as a positive move for Informatica’s shareholders, but the analyst also highlighted a key risk: if the acquisition fails to materialize, it could negatively impact Informatica’s stock value. The analyst’s commentary underscores the point that the anticipated acquisition is a significant factor in Informatica’s current market performance and investor expectations.

Informatica’s stock performance will likely be closely watched as the acquisition date approaches, with market observers paying attention to any developments that could affect the completion of the deal. The Wolfe Research downgrade serves as a marker of the analyst’s revised expectations for Informatica’s stock trajectory in light of the pending acquisition. Currently trading at $23.92, the stock appears fairly valued according to InvestingPro Fair Value metrics, with 14 additional ProTips available for subscribers seeking deeper insights into the company’s financial position.

In other recent news, Salesforce (NYSE:CRM) has announced a definitive agreement to acquire Informatica, a data management software provider, in a transaction valued at approximately $8 billion. This acquisition is expected to enhance Salesforce’s data management capabilities and align with its strategic objectives, particularly in the realm of artificial intelligence. Informatica shareholders will receive $25 per share, representing a 33% premium over the stock’s price before acquisition rumors emerged. The transaction is anticipated to be finalized in early fiscal 2027 and is expected to be funded through a combination of Salesforce’s existing cash reserves and new debt. Analysts from firms such as TD Cowen, Raymond (NSE:RYMD) James, and Wedbush have maintained positive ratings on Salesforce, with price targets ranging from $375 to $425. These analysts highlight the strategic fit and potential synergies of the acquisition, with expectations for accretive impacts on Salesforce’s non-GAAP profitability metrics by FY28. Despite some concerns about integration challenges, the acquisition is viewed as a strategic move to bolster Salesforce’s AI capabilities. Informatica’s robust customer base, including a significant portion of the Fortune 100, is expected to strengthen Salesforce’s market position.

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