Salesforce Shares Rise 2% Ahead of Dreamforce Conference

Salesforce shares rose 2% ahead of its Dreamforce conference, where the company will showcase its Agentforce annual recurring revenue, which now includes Slackbot and Headless 360. Agentforce ARR reached $1.5 billion, with 3.2 billion Agentic Work Units, a 97% jump from the previous quarter. However, investors need to see how these interactions translate into paid consumption, renewals, and bigger contracts to determine if the shares are undervalued at 26.23% below the $342.57 GF Value estimate.