Salesforce Inc. (CRM)
Why Analysts Are Bullish After Salesforce Earnings Missed Estimates
Close Key Takeaways Salesforce shares lost ground Thursday on the company's weaker-than-expected earnings and outlook, but Morgan Stanley analysts said they expect the stock to climb this year. Several analysts cited the early success of Agentforce, Salesforce’s platform that allows clients to build custom AI agents.Bank of America called the stock a top pick to deliver growth at a reasonable price. Salesforce (CRM) shares lost ground Thursday on the company's weaker-than-expected earnings and outlook, but Morgan Stanley analysts said they're still bullish on the stock, anticipating it has “significant room for upside” this year. Morgan Stanley pointed to the early growth of Agentforce, Salesforce’s new platform that allows clients to build custom AI agents. Since it was made generally available in October, Salesforce has closed more than 5,000 Agentforce deals, including 3,000 paid transactions. The analysts said shares could "likely climb from here," reiterating an “overweight” rating and $405 price target, suggesting about 46% upside from Thursday's intraday price. “We would be strong buyers of Salesforce ahead of these potential improving numbers,” they said. Monetizing Agentforce is “still in the early stages,” analysts at Wedbush said, suggesting strong potential for growth. The cloud services company is “taking a prudent approach to scaling the Agentforce that will pay off over the long-term with the AI Revolution now entering the software phase,” they said, and maintained a price target of $425. Bank of America lowered its price target to $400 from $440, telling clients investors may have to wait until fiscal 2027 to see material revenue contributions from Agentforce. However, BofA said it still views the stock as a top pick and quality GARP (growth at a reasonable price) option. Shares of Salesforce were down about 3% at $298.55 in Wednesday afternoon trading, and have lost about 11% of their value since the start of the year. Do you have a news tip for Investopedia reporters? Please email us at [email protected]
Salesforce: Agentforce Provides The Company With The Keys To The Enterprise AI Kingdom
Despite a mixed Q4 performance, I maintain a BUY rating on Salesforce due to Agentforce's exponential growth and potential as a significant growth catalyst. CRM's Q4 revenue missed analyst estimates, but EPS exceeded expectations, and free cash flows jumped 31% y/y to $12.4 billion. Agentforce has shown impressive traction, with deals increasing from 200 to 5,000 in one quarter, confirming its potential for long-term growth.
March's Hottest Stocks: 5 Buys to Consider Now
With Q4 2024 earnings reporting about wrapped up, the trends remain positive, although the outlook for 2025 earnings growth has dimmed. Stocks in leadership positions have begun to regain traction following respective price dips, suggesting the uptrend in the S&P 500 will continue if at a less robust pace than in 2024.
Salesforce's Hidden Strengths Could Fuel a Powerful Rebound
Salesforce's NYSE: CRM stock price can rebound to new highs in 2025 because its growth trajectory is solid and its valuation is low. The price tag seems fair at roughly 28x the 2026 outlook, but this fails to price in the growth expected by 2030.
Salesforce Q4: Growing Data Cloud And AI, Upgrade To 'Buy'
I am upgrading Salesforce, Inc. to a “Buy” rating with a fair value of $320 per share due to its promising Data Cloud & AI growth. Salesforce reported 9% revenue growth and 13% adjusted operating profit growth, with a focus on margin improvement and cost management. Data Cloud & AI achieved $900 million in annual recurring revenue, representing 2.5% of total revenue, with significant future growth potential.
Salesforce shares slip on revenue miss, conservative guidance
Salesforce Inc (NYSE:CRM, ETR:FOO) shares moved lower after the customer relationship management (CRM) software provider reported a revenue miss for the fourth quarter and issued conservative guidance. For Q4, revenue of $9.99 billion marked an 8% year-over-year increase by missed estimates of $10.04 due to a $75 million FX headwind.
Salesforce Taking Things Slow with Agentforce
Salesforce customers have to adapt their corporate culture as they add the company's AI product Agentforce to their workforce. Alex Zukin from Wolfe Research says the adoption of Agentforce is slow but a positive sign.
Salesforce vs Snowflake stock: one of them has all ‘you want out of a company'
Famed investor Jim Cramer continues to see significant further upside in Snowflake Inc (NYSE: SNOW) as it has “all we really want out of a company.” Snowflake stock is up 10% on Thursday after the cloud company reported better-than-expected financial results for its fourth quarter.
Why Salesforce Stock Is Slipping Today
Salesforce (CRM -2.00%) stock is losing a bit of ground today following the company's recent fourth-quarter report. The software specialist's share price was down 1% as of 1:15 p.m.
Salesforce's Shares Drop On Missed FY Guidance, Analyst Recommends Focus On Bookings
Salesforce Inc CRM shares tanked in early trading on Thursday, after the company reported its fourth-quarter results.
Salesforce CEO Benioff discusses Q4 earnings call, guidance miss, and digital labor revolution
Salesforce (CRM) shares came under pressure in after-hours trading as first quarter revenue guidance missed analyst expectations. The company reported mixed results for the fourth quarter.
Salesforce CEO Marc Benioff takes aim at Microsoft's Copilot
CNBC's Seema Mody reports on news regarding Salesforce and Snowflake's quarterly earnings results.
