Salesforce jumps as latest AI tools set to accelerate demand [Yahoo! Finance]
Piper Sandler Companies (PIPR)
Last piper sandler companies earnings: 5/1 08:04 am
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Source: Yahoo! Finance
quarterly sales estimates and provided an upbeat forecast for its newly launched AI integrated products. The company is banking on Agentforce to reenergize its growth, as tech firms look to tap into rising demand for AI agents that can autonomously complete tasks. "F2026 (CY25) is shaping up to be an important transitional year as CRM lays the groundwork to bring AI agents to the enterprise masses with new pricing and packaging offerings(Agentforce, Foundations, Data Cloud, etc.)," said analysts at Piper Sandler. On a post-earnings call, executives said even though Agentforce was made generally available in late October, it delivered 200 deals. They also projected a strong pipeline of deals. "We remain very bullish on Agentforce even despite the long road to monetization and believe we have presented the broadest and deepest possible array of proprietary Agentforce work," J.P. Morgan analysts said. Salesforce is set to add more than $40 billion to its market valuation of $31
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PIPR
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- 10/25/24 - Beat
PIPR
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- 12/16/24 - Form 4
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