Cantor Sees AI Upside in Salesforce (CRM), Reiterates $325 Price Target

Core Viewpoint - Salesforce, Inc. is gaining attention as a prominent AI stock, with Cantor Fitzgerald maintaining an "Overweight" rating and a price target of $325.00, following the company's clarification of its pricing strategy [1]. Pricing Strategy - The management has structured its pricing strategy into three categories: seat-based SKUs (Agentforce 1 Editions), pay-as-you-go and pre-commit options, and newer offerings like Flex Credits and Agentic Enterprise License Agreements (AELA) [2]. - This pricing structure is designed to address customer concerns regarding transparency that arose during discussions with customers and partners [2]. Market Opportunities - The pricing tiers align with the customer lifecycle for the AI-powered platform Agentforce, with 16 AELAs currently in production, each generating an average incremental Annual Recurring Revenue exceeding $1 million [3]. - The company is adding 10-20 new opportunities to its pipeline weekly, indicating strong growth potential [3]. Company Overview - Salesforce, Inc. is a cloud-based CRM company that has gained traction following the launch of its AI-powered platform, Agentforce [3].