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Cantor Fitzgerald maintained its Overweight rating and $325.00 price target on Salesforce (NYSE:CRM) Tuesday, aligning with the broader market sentiment. According to InvestingPro data, the company maintains a GREAT financial health score, with 36 analysts recently revising earnings estimates upward. The research firm’s decision follows Salesforce’s Summer ’25 release announcement featuring over 100 new features and upgrades, with Agentforce as the primary focus.
Agentforce has demonstrated significant traction since its general availability launch in October 2024, already generating more than $100 million in annual recurring revenue. This rapid adoption forms part of Salesforce’s expanding Data Cloud + AI business, which now exceeds $1 billion in annual recurring revenue and is growing at over 120% year-over-year as of the first quarter of fiscal 2026. The company’s overall revenue reached $38.59 billion in the last twelve months, with an impressive gross profit margin of 77.34%.
Cantor Fitzgerald characterized the Summer ’25 product announcements as "incremental, base-hit type improvements" across Salesforce’s portfolio. The firm highlighted the rapid evolution of the Agentforce offering alongside the broader Data Cloud + AI business expansion.
The research firm projects Agentforce could exceed $1 billion in annual recurring revenue "in only a couple of years" based on current product evolution and momentum. This growth trajectory positions Data Cloud + AI to remain Salesforce’s primary growth engine.
Cantor Fitzgerald also noted the potential additional growth catalyst from Salesforce’s proposed acquisition of Informatica, which is expected to close next year if approved. While trading at a relatively high P/E ratio of 40.65, detailed valuation analysis and additional insights are available through InvestingPro’s comprehensive research reports, which cover over 1,400 US stocks including Salesforce.
In other recent news, Salesforce has made headlines with several key developments. Stifel analysts have maintained their Buy rating and a $375 price target, highlighting Salesforce’s upcoming Marketing Cloud Next (LON:NXT) platform, which aims to consolidate and integrate its fragmented marketing technologies by July 2025. Meanwhile, Erste Group downgraded Salesforce’s stock rating from Buy to Hold, citing lower anticipated revenue and net profit growth this financial year compared to last. Despite Salesforce’s strengths in AI-driven data analysis, its growth is reportedly trailing behind competitors.
On a positive note, Cantor Fitzgerald initiated coverage on Salesforce with an Overweight rating and a $325 price target, citing the company’s potential for growth and financial performance. The analysts noted Salesforce’s innovation, particularly with the Agentforce platform, as a key factor in maintaining its competitive edge. Truist Securities also reiterated their Buy rating with a $400 price target after reviewing Salesforce’s first-quarter results, expressing confidence in the company’s potential to exceed fiscal year estimates. They emphasized the positive traction among small and mid-sized businesses and the underappreciated operational leverage in Salesforce’s model.
Additionally, Stifel analysts reiterated their Buy rating following a review of Salesforce’s Data and AI business segment and the company’s potential acquisition of Informatica. This acquisition is expected to enhance Salesforce’s market position by strengthening its Data and AI capabilities, offering significant benefits to enterprise customers.
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