Salesforce has 'leverage' for AI, margin growth: Analyst
Salesforce (CRM) shares are gaining Wednesday morning coming off of its mixed third quarter results, initially up by over 11% in pre-market trading but later holding onto 9% gains in the regular trading session at the time of this video's posting. While the cloud company fell short of earnings expectations, it topped revenue estimates and posted $9.44 billion for its last quarter, driven by enthusiasm for its Agentforce AI tool released in October.
Salesforce's Agentforce has to drive strong growth to justify stock price: D.A. Davidson's Luria
Gil Luria, D.A. Davidson analyst, joins 'Squawk on the Street' to discuss Luria's investigation into Salesforce's AI uses, if AI is still taking capital expenditures away from software, and much more.
Salesforce Analysts Raise Forecasts After Q3 Earnings: 'Leading The Way In Agentic AI Cycle'
Salesforce Inc CRM shares were climbing in on Wednesday, despite the company reporting an earnings miss in the third quarter.
Analysts Are Bullish on Salesforce After Early Agentforce Interest
Salesforce (CRM) shares are up after the company raised its full-year outlook Tuesday, and analysts are offering increasingly bullish price targets.
Salesforce shares jump on earnings beat and strong AI deals pipeline
Salesforce shares popped Wednesday, a day after the company a day released third-quarter results that exceeded analysts' estimates. Analysts are encouraged by the Salesforce's AI agent product called Agentforce, as the company closed more than 200 related deals during the quarter.
Private Payrolls Increased Less Than Expected
Pre-market futures have remained in the green following a key inflation report this morning ahead of the open. The Dow leads the way, +170 points — which has plenty to do with double-digit gains from Salesforce ( CRM ) yesterday afternoon — while the S&P 500 and the Nasdaq, fresh off another all-time closing high Tuesday, are up +18 points and +145 points, respectively.
Salesforce shares boosted by strong early demand for Agentforce, analysts raise price target
Salesforce Inc (NYSE:CRM, ETR:FOO) shares jumped more than 9% on Wednesday morning after delivering a solid third quarter earnings report that suggests the company is leading the way in the agentic AI cycle with Agentforce, according to Bank of America analysts who raised their price target on the stock post-earnings. Management commentary suggests meaningful customer interest in Agentforce, which allows users to build and customize AI agents, since its release in October, analysts noted.
CRM Earnings Proof that A.I. can Continue to Drive the Market
Andrew Wang from Runnymede Capital Management says that Salesforce's (CRM) 3Q earnings show that despite investors being skeptical of the market rally, A.I. can help keep the records going.
Salesforce earnings may spur stock's best day in years. Is the AI hype justified?
Wall Street seems excited about early momentum for Salesforce's Agentforce AI product, but some analysts are skeptical about the monetization potential.
The Salesforce Rally is Just Getting Started: Here's Why
Salesforce's NYSE: CRM Q3 results and guidance weren't spectacular compared to the analysts' forecasts, but beauty depends on perspective; it is in the eye of the beholder. Despite delivering mixed results, Salesforce proved its leadership position in CRM remains intact and can sustain long-term profitable growth.
Salesforce And Marvell Deliver Strong Earnings; Amazon Moves In On Nvidia
Key Takeaways
Salesforce Stock Spikes On Agentforce — A Possible AI Killer App
Salesforce's share price is up nearly 12% after falling short of earnings expectations and beating Wall Street's revenue forecast, according to Barron's.
