21.01.2025 12:45:00

1 Wall Street Analyst Sees Salesforce Stock Going to $400. Is It a Buy?

Salesforce (NYSE: CRM) has been a leader in cloud software since its inception. In fact, founded as a cloud software company in 1999, it was one of the pioneers in the cloud and has dominated customer relationship management (CRM) software for much of its history.These days, Salesforce appears to be at another pivot point. Its revenue growth has slowed as the broader software sector matures and digests the COVID-19-induced surge in growth. But it has recently introduced a breakthrough, tapping into the emerging agentic artificial intelligence (AI) technology.Salesforce introduced Agentforce, its own agentic AI tool, in September. The technology could superpower the company's next stage of growth. Now, one Wall Street analyst seems to be taking notice.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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