SA analysts name Meta, ServiceNow, and Salesforce as undervalued tech stocks. AlphaScala scores show mixed to moderate profiles. Next earnings reports will test the thesis.
Seeking Alpha analysts Jonathan Weber and Doug Collins published picks this week naming Meta Platforms (META), ServiceNow (NOW), and Salesforce (CRM) as attractive investments. The call lands as investors rotate out of AI hardware names and search for growth at reasonable multiples. Meta was described as underrated despite a selloff tied to rising capital-expenditure guidance. ServiceNow and Salesforce trade below historical averages, a gap the analysts attribute to a broad rotation away from enterprise software.
The underlying thesis is contrarian. Even as the market prices in infrastructure spending risk, the core businesses generate cash flow that is not fully reflected in current multiples.
Meta Platforms trades at $610.42, up 0.50% on the day. Its AlphaScala score is 53/100 (Mixed label) within the Communication Services sector. Advertising revenue is accelerating from Reels monetisation and improved targeting. The overhang is a series of upward capex revisions tied to AI compute clusters. The value thesis depends on whether the capex cycle plateaus by the second half of 2026. If it does, the free-cash-flow yield becomes more attractive. If it does not, the stock may remain range-bound until the market sees a concrete return on that spending. The Alpha Score of 53 reflects this tension between revenue momentum and rising capital intensity.
For the bull case to hold, Meta must show AI spending translates into higher ad revenue growth or a sustainable margin floor. The next quarterly report is the first real test.
ServiceNow carries an Alpha Score of 62/100 (Moderate label) in the Technology sector. Its subscription model and platform stickiness provide a visibility edge over many SaaS peers. The analysts see it as undervalued because the market has not fully priced in AI-powered features that drive contract value. The company has embedded generative AI tools into its workflow platform, and early adoption metrics suggest larger deal sizes. The stock still trades below its 2021 peak multiple. The Alpha Scaladata points to a balanced risk-reward. A guidance raise or a big enterprise win could push the score into bullish territory.
Salesforce (CRM) is the third leg. Recent activist pressure has created a separate set of margin-expansion catalysts. The analysts see it as undervalued relative to its growth in a relatively stable enterprise spending environment.
For each stock, the next earnings report is the key event. For Meta, a capex in line with consensus and a reiteration of the ad revenue outlook would validate the value thesis. For ServiceNow, a subscription revenue beat with strong remaining performance obligations would do the same. For Salesforce, a stable billings number and a margin guide not reliant on headcount cuts would confirm the turnaround.
The alternative scenario is that multiples compress further as interest rates stay higher for longer. Even the undervalued tag may not protect the stocks. The SA analyst call is a starting point. The market will decide over the next two earnings cycles.
Follow the stock pages for Meta and ServiceNow for real-time updates. Browse full market analysis for sector-level context. Read related: Palantir Q1 Miss Resets Valuation Risk for Premium Stock.
Prepared with AlphaScala research tooling and grounded in primary market data: live prices, fundamentals, SEC filings, hedge-fund holdings, and insider activity. Each story is checked against AlphaScala publishing rules before release. Educational coverage, not personalized advice.