Salesforce (CRM) is expected to report fourth-quarter results after the market closes Wednesday, with analysts largely bullish on the cloud-based software company's stock, anticipating AI-driven gains.

Of the 25 analysts covering the stock tracked by Visible Alpha, 20 have issued “buy” or e༺quivaꩵlent ratings for Salesforce, with the remaining five analysts giving the stock a “hold” rating. Their consensus price target of roughly $399 would suggest roughly 30% upside from Wednesday’s intraday price.

Deutsche Bank analysts recently maintained a “buy” rating and $400 price target, pointing to early momentum in Agentforce, the company’s suite of autonomous AI agents unveiled in September. The analysts said an “AI halo effect” is driving investments to the Salesforce platform, “even if cu🌱rrent Agentforce spend is jus♑t gaining steam.” 

The customer relationship management software giant is expected to po🎉st r𒐪evenue of $10.04 billion, up 8% year-over-year, and adjusted earnings per share of $2.62, up from $2.29 a year ago.

New CFO To Join Salesforce in March

Earlier this month, Salesforce said former Gilead Sciences (GILD) CFO Robin Washington will join the company on March 21 as chief operating and financial officer. She will succeed COO Brian 🔯Millham, who plans to retire in May, and CFO Amy Weaver, who said las🎃t year she would leave the company when a successor was named.

Oppenheimer analysts called Millham's departure a "negative surprise" but said they expect Washington "should continue raising operating efficiency." The analysts reiterated an "outperform" rating and $415 price target, calling Salesforce "one of the healthiest long-term profitable growth stories" among 澳洲幸运5官方开奖结果体彩网:software-as-a-service companies.

Salesforce shar💙es edged 0.5% higher in Wednesday afternoon trading to $307.85. The stock has had a tough s🧔tart to 2025, with shares down close to 8% for the year so far after outperforming the S&P 500 in 2024.

UPDATE—Feb. 26, 2025: This article has been updated since it was first published to reflect more recent analyst estimates and share price values.