20 Best Artificial Intelligence (AI) Stocks to Buy According to Analysts

17) Salesforce, Inc. (NYSE:CRM)

Number of Hedge Fund Holders: 116

Average Upside Potential: 28.0%

Salesforce, Inc. (NYSE:CRM) established itself as a leading AI business by embedding AI across its CRM platform and associated applications. At the heart of the company’s strategy is the push into AI-driven solutions. It recently announced the roll-out of Agentforce, a new product designed to leverage the next generation of AI via intelligent agents. The AI integration goes beyond Agentforce. Salesforce, Inc. (NYSE:CRM) continues to enhance its core offerings, which include Sales Cloud and Service Cloud, with AI capabilities. Its Data Cloud remains well-positioned to benefit from the AI trend, as customers explore AI-driven CRM deployments.

Analyst Bradley Sills from Bank of America Securities gave a ‘Buy’ rating on the shares of Salesforce, Inc. (NYSE:CRM), giving a price target of $440.00. The analyst remains optimistic about the combination of factors, such as advancements in its Agentforce 2.0 platform. Integration of Agentforce in numerous Salesforce clouds and third-party applications like SAP, Adobe, and Workday enhances its functionality and revenue growth potential. The improvements in AI reasoning capabilities via the Atlas engine can drive additional revenue opportunities, contributing 1% – 2% growth in FY 2026 and FY 2027.

Parnassus Investments, an investment management company, released a Q2 2024 investor letter. Here is what the fund said:

“Salesforce, Inc.’s (NYSE:CRM) growth continues to moderate, and investors question its prospect as it relates to AI. We remain confident that the company, which developed the original salesforce automation product and pioneered the SaaS (software as a service) delivery model, is well positioned to capitalize on emerging AI opportunities.”