Early in 2026, markets saw software stocks as among the biggest losers from AI adoption. The advent of “vibe coding" largely drove this, as it significantly increased software development productivity.
Salesforce just unveiled Koa, its first homegrown AI model built for CRM reasoning, but a gap between launch and availability raises a pointed question: can a model nobody can buy yet actually move the stock?
Six Wall Street firms just raised their Salesforce price targets in a cluster, and the reasoning behind the coordinated move points to a fundamental shift in how analysts now value enterprise AI software.
Salesforce, Inc. remains a Buy as AI tailwinds drive robust growth and strong demand despite market fears of a 'SaaSpocalypse.' Q2 revenue grew 11% YoY to $11.3B, Agentforce ARR soared 240%+, and constant currency cRPO growth accelerated to 14%, signaling strengthening enterprise demand. AIforce and Koa launches at Dreamforce reinforce Salesforce's strategic AI leadership and support management's $63B+ revenue target by 2030.
Salesforce, Inc. is initiated at Buy, trading at 15x forward earnings with strong profitability despite AI disruption fears. CRM's AIForce strategy shifts focus from user interface to backend data and permissions, aiming to defend its core business model. Short-term revenue uplift is capped by deferred monetization and free upgrades for top-tier customers; migration pace to new tiers is key.
Salesforce's long-term outlook comes after the company's guidance raise last month, when it also posted higher second-quarter profit and revenue driven by accelerating demand for its artificial-intelligence and data products.
Salesforce NYSE: CRM used its Dreamforce keynote to outline an expanded artificial intelligence strategy centered on “AIforce,” a platform the company said is designed to combine enterprise data, applications, AI agents and new interfaces.
Salesforce NYSE: CRM used its investor day to outline an “agentic enterprise” strategy centered on AI-powered interfaces, enterprise data management, agent governance and expanded monetization models. Executives said the company is seeing renewed demand for its core software alongside growing adoption of AI tools, while maintaining its long-term financial framework.
Snap on Wednesday announced partnerships with companies including Salesforce, Nvidia and Amazon Web Services to integrate workplace tools into its Specs augmented-reality glasses, courting enterprise demand to carve a foothold in the heavily contested market.
Salesforce issued revenue guidance for fiscal 2030 of $63 billion, ahead of what analysts expect. The company provided the financial update at its annual Dreamforce conference in San Francisco.
Salesforce, Inc. (CRM) Presents at Dreamforce 2026 Main Keynote Transcript
Jim Cramer used his Mad Dash segment on Wednesday to make a bullish call on Salesforce (NYSE:CRM | CRM Price Prediction), arguing that the software giant's aggressive buyback is aging well and that sentiment around the name has turned.