Salesforce Inc. (NYSE:CRM – Get Free Report)’s share price fell 1.7% during mid-day trading on Friday. The company traded as low as $233.38 and last traded at $234.2370. Approximately 8,481,933 shares traded hands during trading, a decline of 39% from the average daily volume of 13,970,411 shares. The stock had previously closed at $238.22.
Salesforce News Summary
- AI Is Reshaping SaaS—These 2 Software ETFs Offer Different Ways to Play It
Here are the key news stories impacting Salesforce this week:
- Positive Sentiment:Wells Fargo raised its price target, pointing to Salesforce’s deeply embedded customer base and the possibility that Agentforce could generate approximately $1.5 billion in annual recurring revenue and help reaccelerate growth. Wells Fargo Raises Salesforce’s Price Target
- Positive Sentiment:Salesforce’s AIforce launch adds an open, provider-agnostic layer designed to connect Agentforce, Data Cloud 360, AWS and Google Cloud, strengthening the company’s positioning as an enterprise AI platform. Salesforce AIforce Layer
- Positive Sentiment:Commentary on Salesforce’s stake in Anthropic argues that the investment could provide strategic upside and optionality to help offset or retire debt associated with the company’s $25 billion share-repurchase program. Salesforce Anthropic Stake
- Positive Sentiment:Salesforce’s Agents for Impact program highlights practical AI deployments in India’s social sector, supporting the broader adoption narrative for Agentforce. Agents for Impact
- Positive Sentiment:Jefferies reaffirmed its buy rating, while bullish commentary emphasizes Salesforce’s data and customer relationships as strategic assets that AI developers may need. Why Investors Keep Buying Salesforce
- Neutral Sentiment:Post-earnings analysis notes that CRM has underperformed since its latest report, leaving investors focused on forward estimates and whether upcoming results can validate the AI growth strategy. Salesforce Post-Earnings Analysis
- Neutral Sentiment:A separate analysis questions whether Salesforce’s AI products can generate meaningful revenue and accelerate growth enough to justify its recent valuation gains. What Is Salesforce No Longer Telling You?
- Neutral Sentiment:A Salesforce-versus-Zendesk comparison provides competitive context but does not identify a new company-specific catalyst. Salesforce vs. Zendesk Sell Comparison
- Negative Sentiment:Security researchers disclosed three Agentforce vulnerabilities reportedly enabling zero-click CRM data theft and AI-agent impersonation. The disclosures raise concerns about enterprise adoption, customer trust, remediation costs and potential reputational damage. Zero-Click Vulnerabilities in Salesforce Agentforce
Analyst Ratings Changes
Several equities research analysts have recently commented on CRM shares. DA Davidson set a $225.00 price target on shares of Salesforce in a research report on Thursday, September 17th. Raymond James Financial restated a “strong-buy” rating on shares of Salesforce in a research report on Thursday, August 27th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Salesforce in a research note on Thursday, August 27th. KeyCorp downgraded Salesforce from an “overweight” rating to a “sector weight” rating in a research note on Wednesday, July 8th. Finally, JPMorgan Chase & Co. boosted their target price on Salesforce from $250.00 to $265.00 and gave the company an “overweight” rating in a research note on Thursday, August 27th. Three research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, fourteen have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $275.14.
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