icon
icon
icon
icon
Upgrade
Upgrade

News /

Articles /

Agentforce Surge: Salesforce Shares Soar 10%, Analysts See 40% Upside

Eli GrantWednesday, Dec 4, 2024 11:24 am ET
3min read


Salesforce's (CRM) stock price has soared 10% in after-hours trading, following its Q3 earnings report, as investors cheer the strong performance of its AI platform, Agentforce. The company's shares are now predicted to reach a 40% upside, with an average price target of $425. This article explores the factors driving Agentforce's momentum and its impact on Salesforce's overall market position.

Agentforce, launched in September, has seen remarkable demand, with over 200 deals closed in its first week. Salesforce has responded by hiring 1,400 new account executives to meet the growing demand. The platform enables businesses to build and deploy hyper-focused AI chatbots, tailored to various industries and use cases, revolutionizing global labor and reshaping industries, according to CEO Marc Benioff.

The success of Agentforce has contributed significantly to Salesforce's revenue growth. The company's total quarterly revenue for Q3 2025 was $9.44 billion, up 8% year-over-year, with a non-GAAP operating margin of 33.1%. Subscription and Support Revenue reached $8.88 billion, up 9% YOY, while earnings per share (non-GAAP Diluted) were $2.41.



Salesforce's AI platform is not only driving revenue growth but also transforming customer experiences and operational efficiency. For example, Wiley, a publishing company, reported a 40% increase in case resolution after implementing Agentforce, outperforming its old chatbot. By managing routine responsibilities, Agentforce frees up human agents to focus on more complex cases, creating efficiency gains that attract more customers.

The competitive landscape is evolving in response to Agentforce's success. Microsoft has unveiled its AI copilot, while Google is integrating AI into its Workspace. However, Agentforce's market share and growth potential remain strong, driven by demand for autonomous AI agents. To maintain its edge, Salesforce should continue innovating and offering customizable solutions tailored to various industries. Additionally, addressing potential security concerns and ensuring seamless integration with existing systems will be crucial for sustaining market leadership in the face of intensifying competition.



In conclusion, Agentforce's growing demand and success are transforming Salesforce's market position and driving its stock price upward. The platform's ability to handle complex tasks autonomously and its strong revenue growth indicate that AI-driven tools are a key driver of Salesforce's value. As investors continue to seek out innovative, AI-driven technologies, Salesforce's Agentforce is poised to lead the market in the era of autonomous AI agents.
Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.