11 Most Promising Stocks According to Analysts

3. Salesforce Inc. (NYSE:CRM)

Number of Hedge Fund Holders: 162

Average Upside Potential as of April 23: 50.73%

Salesforce Inc. (NYSE:CRM) offers CRM technology that connects companies and customers. One of its products includes Agentforce, which is an agentic layer of the Salesforce platform. It also offers Slack, which is a workplace communication & productivity platform, and Tableau, which is an end-to-end analytics solution for enterprise use cases and intelligent analytics.

On April 23, Piper Sandler lowered the price target on the stock to $315 from $400 while maintaining an Overweight rating. Tariff, policy, and AI adoption hurdles have led the firm to cut estimates and price targets across the cloud applications. However, Salesforce’s unified platform includes the Customer 360 platform, Data Cloud, and Agentforce AI product line. These together integrate CRM applications, data management, and AI-powered automation and drive most of the company’s growth.

In only 90 days, Salesforce Inc. (NYSE:CRM) acquired 3,000 paying customers for Agentforce. Data Cloud is the foundation for Agentforce and provides the necessary data for AI-powered automation. It surpassed 50 trillion records and doubled year-over-year. Fueled by this platform, Salesforce’s FQ4 2025 revenue rose by 8% year-over-year. Data Cloud and AI ARR grew by 120%.

Parnassus Growth Equity Fund stated the following regarding Salesforce, Inc. (NYSE:CRM) in its Q4 2024 investor letter:

“Salesforce, Inc. (NYSE:CRM) reported third-quarter results that exceeded analysts’ expectations, as the integration of AI technology across the customer relationship management software company’s product offerings has driven robust growth in new deals.”