Salesforce, Inc. CRM is focusing on Agentic AI to boost revenue growth as its growth has slowed. Revenues for fiscal 2026 saw a rise of 7.6%, 9.8%, and 8.6% in Q1, Q2, and Q3, respectively. Agentforce suite and Data Cloud brought in $1.4 billion in recurring revenues, with Agentforce alone generating $540 million.

Microsoft Corporation MSFT and ServiceNow, Inc. NOW are also leveraging AI automation in the enterprise market. Microsoft’s Copilot tools simplify tasks, while ServiceNow’s Now Assist automates various management tasks. Salesforce faces competition in the AI space but continues to push forward with its Agentforce suite.

Salesforce’s stock has dropped by 33.7% in the past year, underperforming the industry. However, with a forward P/E ratio of 17.10, lower than the industry average, and an expected increase in earnings for fiscal 2026 and 2027, there is potential for growth. Analysts are optimistic about Salesforce’s future prospects.

Read more at Nasdaq: Salesforce Bets on Agentic AI: Will It Reignite CRM’s Revenue Growth?