12 Most Promising AI Stocks According to Wall Street Analysts

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9) Salesforce, Inc. (NYSE:CRM)

Average Upside Potential: ~25.3%

Number of Hedge Fund Holders: 116

Salesforce, Inc. (NYSE:CRM) is a leading player in the AI industry, which uses AI to enhance CRM platforms and deliver AI-powered solutions to clients. Investment firm TD Cowen upgraded the company’s shares from a “Hold” to a “Buy” rating and upped the price target from $380 to $400. Derrick Wood and his team, working at TD Cowen, identified new growth drivers for 2025-2026, including SKU upgrades, a robust renewal pipeline, momentum with AI products, and inorganic growth.

Even though Agentforce is anticipated to have a minimal impact on Salesforce, Inc. (NYSE:CRM)’s revenue in 2025, Derrick Wood believes that its contribution is expected to increase in H2 of the year and fuel the company’s remaining performance obligations. Furthermore, the analyst expects Agentforce to start contributing more significantly to revenue improvement by 2026. To provide a brief context, Agentforce is a product that has been designed to leverage the next generation of AI via intelligent agents.

With businesses seeking AI-powered solutions to improve customer interactions and streamline operations, Agentforce is placed favorably to capture this growing demand. Investment management company Vulcan Value Partners recently released its Q4 2024 investor letter. Here is what the fund said:

“There were five material contributors to performance: Amazon.com Inc., Salesforce, Inc. (NYSE:CRM), Live Nation Entertainment Inc., Carlyle Group Inc., and Alphabet Inc. There were no material detractors. Salesforce is the world’s leading SaaS vendor for customer relationship management (CRM) and salesforce automation (SFA) software. Salesforce offers many other products including software for marketing automation, customer service automation, analytics, application integration, and enterprise collaboration among others. Salesforce is deeply entrenched within its customer base, has high retention, high recurring revenue, and is a scalable business with high free cash flow and margin potential. Salesforce reported solid earnings and provided several positive data points around its AI strategy.”

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