Salesforce Stock Performance - Salesforce stock peaked in November 2021, bottomed out in December 2022, and reached a new high in March 2024 [2] - The stock rose 34% to hit a record high on November 8, 2023 [2] - Salesforce stock could keep hitting new records due to strong client demand for Agentforce [3] Agentforce and AI Market - Agentforce, an AI agent, is driving excitement and enjoying "amazing momentum" [2] - The global Agentic AI market is expected to reach $31 billion in revenue by the end of 2024 and grow at a 32% annual rate [4] - Agentic AI could become a killer app by improving decision-making and situational awareness through quicker data analysis and prediction intelligence [6] Salesforce's Strategy and Competition - Salesforce is hiring 1,000 more people to meet the demand for Agentforce [12] - Salesforce's business model is more customer-friendly compared to Microsoft, charging $2 per agent conversation [9] - Salesforce CEO Marc Benioff criticized Microsoft's Copilot as "disappointing" [10] Client Success Stories - BACA Systems uses Agentforce to handle a growing volume of service calls without adding additional human staff [13] - Wiley achieved a more than 40% autonomous resolution rate for customer inquiries during its busy back-to-school season [14] - Bullhorn sees Agentforce as a way to boost revenue and profits for its clients, particularly in the $24 billion market for complex billing in recruiting firms [15] Future Potential - Salesforce CEO Marc Benioff predicts more than a billion agents running from Salesforce within the next 12 months [8] - If investors underestimate the revenue potential of Agentforce, Salesforce stock could keep hitting new records [20]

Salesforce Inc. CRM is cruising ahead, with its stock flashing a powerful Golden Cross signal, propelling the tech giant into fresh bullish territory.The crossover of its 50-day moving average rising above the 200-day average is typically seen as a green light for investors. And with shares recently trading at $310.78, up 46.96% in the past year, it's clear that Salesforce is in the fast lane. Chart created using Benzinga ProRead Also: Marc Benioff Warns Microsoft’s Copilot ‘Spills Corporate Data,’ Emphasiz ...

I shared a thesis about Salesforce, Inc. (NYSE: CRM ) back in August with a 'Strong Buy' rating. It looks like it was a good recommendation because the stock price grew by 24% since then, a much stronger performance compared toComing from an IT background, I have dived into the U.S. stock market seven years ago by managing portfolio of my family. Starting managing real money has been challenging for the first time, but long hours of mastering fundamental analysis of public companies paid off and now I feel ...

The talk of artificial intelligence (AI) agents is becoming more commonplace these days. If you're not familiar with them, it's easy to assume they are "AI-powered" chatbots found on customer service pages that provide canned answers to questions and give you links for more information. AI agents, also referred to as Agenic AI, are much more sophisticated software programs that leverage AI to achieve a specific goal by autonomously making complex decisions using data analysis and machine learning to plan an ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Salesforce.com (CRM) . This company, which is in the Zacks Computer - Software industry, shows potential for another earnings beat.When looking at the last two reports, this customer-management software developer has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 5.73%, on averag ...

Now you can get access to the latest and highest-quality analysis of recent Wall Street buying and selling ideas with just one subscription to Beyond the Wall Investing ! There is a free trial and a special discount of 10% for you. Join us today!I initiated coverage of Salesforce, Inc. (NYSE: CRM ) in August 2024 with a 'Buy' recommendation on the stock before it reports for its fiscal Q2 FY2025. At the time, I assumed that despite someDaniel Sereda is chief investment analyst at a family office whose inves ...

On Friday, Goldman Sachs (GS) released a research note suggesting that the S&P 500 is likely to deliver an annualized return of just 3% over the next 10 years. The report pointed to the market concentration issue, with more than a third of the index being invested in just 10 stocks, a pattern that has historically led to below-average returns (read: Is S&P 500 Expected to Underperform? ETFs in Focus).High Market Concentration RisksBen Snider, an equity strategist at Goldman Sachs, emphasized that while the ...

Broadridge customers can now benefit from expanded metrics and analytics to increase sales conversion rates and grow revenueNEW YORK, Oct. 24, 2024 /PRNewswire/ -- Broadridge Financial Solutions Inc. (NYSE: BR) today announced it has launched Distribution Insights for Asset Managers on Salesforce AppExchange, a leading enterprise marketplace for partner apps and experts, empowering customers to capture data from wherever it lives, strengthening analytics and insights with richer knowledge, context and reaso ...

Salesforce.com (CRM) ended the recent trading session at $288.33, demonstrating a -1.02% swing from the preceding day's closing price. This change lagged the S&P 500's daily loss of 0.05%. Meanwhile, the Dow lost 0.02%, and the Nasdaq, a tech-heavy index, added 0.18%.Prior to today's trading, shares of the customer-management software developer had gained 10.25% over the past month. This has outpaced the Computer and Technology sector's gain of 3.5% and the S&P 500's gain of 2.76% in that time.Analysts and ...

Salesforce shares jumped 98% in 2023 in part after the business software maker increased its adjusted operating margin after Starboard Value and other activist investors raised concerns about the company's financial performance. Starboard now sees more room for improvement. "They've been doing a great job executing, improving their margins, moving up in the Rule of 40 or Rule of 50 for their for their industry, and we think there's a lot more to go," Starboard CEO Jeff Smith told CNBC's David Faber at the 1 ...