15 Trending AI Stocks on Latest Analyst Ratings and News

Page 10 of 14

5. Salesforce Inc (NYSE:CRM)

Number of Hedge Fund Holders: 117

Salesforce Inc (NYSE:CRM) is an enterprise cloud computing solutions provider engaged in the design and development of cloud-based enterprise software. The company offers AI solutions that deliver autonomous, generative, and predictive capabilities built directly into one’s CRM (Customer Relationship Management) software. Its recent innovation in AI technology is Agentforce, an AI development platform that allows organizations to create, customize, and deploy intelligent agents.

On November 4, Evercore ISI raised the firm’s price target on Salesforce Inc (NYSE:CRM) to $400 from $300 and kept an “Outperform” rating on the shares. The firm expects Salesforce’s Agentforce to modestly drive revenue acceleration in the years 2025 and 2026, even with cautious assumptions regarding its adoption. Focusing on 2026 projections, the firm also states that in the case that Agentforce gains traction and cost control remains strong, it could surpass cash flow expectations and potentially drive up the stock price.

Page 10 of 14