Salesforce, Inc. is a top AI stock to watch, with Canaccord Genuity analyst lowering price target to $300.00. FQ2 results are steady but not outstanding, with revenue upside attributed to timing. Data Cloud and Agentic AI momentum discussed, but growth seems small compared to Salesforce’s size.
CRM’s guidance for the year predicts high-single digit revenue growth, with FQ3 expected to be light. Despite being a $40B revenue business, efforts in Data Cloud and Agentic AI are relatively small. Stock may be down, but quarter results are in line with estimates.
Salesforce, Inc. is a cloud-based CRM company known for its AI-powered platform Agentforce. While it has potential, other AI stocks may offer greater upside with less risk. For an undervalued AI stock with potential benefits from tariffs and onshoring trend, check out the best short-term AI stock.
For more AI stocks to watch in 2025 and hot AI stocks to keep on your radar, check out the links provided. No disclosures mentioned in the article.
Read more at Yahoo Finance: Canaccord Lowers Salesforce (CRM) Target After ‘Fine, Not Great’ Quarter
