Salesforce (NYSE:CRM) is positioning itself for a game-changing boost as it rolls out Agentforce, a cutting-edge platform that enables companies to deploy autonomous AI agents across customer service, sales, marketing, and healthcare. Stifel analysts see a massive multi-billion-dollar revenue opportunity here, marking this as a pivotal shift for Salesforce. With a Buy rating and a newly raised price target of $350, Stifel emphasizes that the market may be underestimating the durability of Salesforce’s growth trajectory, especially with Agentforce providing a clear path for expanded revenue streams.
Wedbush analyst Daniel Ives is equally bullish, reiterating an Outperform rating with a $325 price target, citing that the added AI capabilities could inject over $4 billion in annual revenue starting 2025. At Salesforce’s recent Dreamforce conference, clients showed strong enthusiasm for AI tools like Agentforce and Einstein Copilot, signaling a clear demand for solutions that streamline complex business interactions. This demand underscores Salesforce’s leadership in the AI sector, strengthening its competitive position as clients increasingly seek automation and intelligent solutions to scale operations.
With Microsoft hot on its heels, set to launch a competing product, Copilot Studio, next month, Salesforce’s head start in the AI enterprise arena is critical. Major clients such as Disney (DIS), Kaiser Permanente, and Wiley have already implemented Agentforce, solidifying Salesforce’s early lead. This swift adoption of AI tech not only reinforces Salesforce’s market position but could redefine enterprise solutions in the years ahead, as the company’s strategic focus on autonomous agents opens doors to untapped revenue and growth potential.
This article first appeared on GuruFocus.
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