Weekend Roundup: Top 10 AI Stocks on Latest News and Ratings

5. Salesforce, Inc. (NYSE:CRM)

Number of Hedge Fund Holders: 116

Salesforce Inc (NYSE:CRM) is a cloud-based CRM company that has gained traction after the launch of its AI-powered platform called Agentforce. On February 12, Mizuho Securities analyst Gregg Moskowitz maintained a “Buy” rating on the stock with a price target of $425.

Salesforce has garnered significant attention in the AI world following its release of Agentforce. The platform allows businesses to develop powerful, customizable AI agents that can autonomously handle customer interactions across various channels nonstop. Other analyst firms, such as Piper Sandler, are also bullish on the stock particularly due to Agentforce. Last month, the firm contended that even though Agentforce has garnered significant customer engagement, it is not likely to materialize in revenues until fiscal year 2027. However, it is still confident about the competitive advantage that the AI-powered platform brings to the company.

“Early But Promising Feedback on Agentforce. We hosted investor meetings with Alexandra Chan and Valmik Desai in Europe last week which reinforced prior commentary that 1) the demand environment remains measured, 2) Agentforce has reinvigorated customer engagement but not likely a material revenue driver until F2027E (CY26E), 3) investor fears that Agentforce investments could pressure margins appear overstated and unlikely, 4) internal confidence in agent potential is building with clear competitive differentiation on time-to-value (days vs. weeks), and 5) indirect AI monetization via multi-cloud cross-sell and premium editions could be underappreciated”.

-Piper Sandler