CRM's Data Cloud tops $1B in ARR with 120% YoY growth, powering AI tools and driving major deals across its platform.
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Salesforce.com (CRM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Salesforce.com (CRM) reached $272.15 at the closing of the latest trading day, reflecting a +1.09% change compared to its last close.
Salesforce is undervalued compared to peers, despite strong fundamentals and a broad product portfolio that supports vendor consolidation trends. Agentic AI tools, especially Agentforce, are driving new growth and position Salesforce as a leader in enterprise AI innovation. Profitability has improved significantly, with margins now in the low-30s, reflecting a successful shift from growth-at-all-costs to efficiency.
Shares of Salesforce Inc. ( NYSE: CRM ) fell by 2.33% over the past month following after gaining 3.67% the month prior.
Salesforce.com (CRM) reported earnings 30 days ago. What's next for the stock?
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Salesforce CEO and founder Marc Benioff said the company now relies on artificial intelligence for 30% to 50% of its entire workload.
Artificial intelligence is doing 30% to 50% of the work at Salesforce when it comes to engineering, coding, support and service, according to CEO Marc Benioff. [contact-form-7] That share will continue to grow, Benioff said on the Thursday (June 26) episode of Bloomberg's “The Circuit with Emily Chang.
Salesforce CEO Marc Benioff said artificial intelligence is accounting for 30% to 50% of the company's workload. Technology companies are hunting for new ways to trim costs, boost efficiencies and transform their workforce with the help of AI.
CRM's core segment remains highly sticky, as observed in its market leading share, the growing multi-year RPOs, and the richer profit margins. The management's attempts to tap into the AI boom and drive renewed growth opportunities have also born fruit, as observed in the growing Data Cloud/ Agentforce ARRs. This is significantly aided by the recent Informatica acquisition, attributed to the latter's rich data catalog/ integration and metadata management for AI learning purposes/ deployments.