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Stock impact report

Citizens Reiterates Market Outperform on Salesforce (CRM) as Agentforce Gains Traction [Yahoo! Finance]

Salesforce.com Inc (CRM) 
Last salesforce.com inc earnings: 2/25 04:06 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The firm cited strong performance of the company's AI-powered Agentforce behind the rating affirmation. “While Salesforce's quarter ends on January 31st and we continue our due diligence process, we view Salesforce as an attractive opportunity for capital appreciation here for several reasons.” Citizens noted how Agentforce continues to gain traction, with the business crossing $500 million in ARR in Q3 and increasing a whopping 330% year-over-year. While Agentforce has been driving Salesforce's robust execution, an even more important factor that the firm has noted is seeing existing Agentforce customers coming back to “fill the tank”, which is a reflection of customer consumption. Pixabay/Public Domain The firm also highlighted Salesforce's ability to deliver Rule of 40-plus performance, which is supported by steady revenue growth and robust non-GAAP operating margins. The firm's own checks reflect robust demand and pipeline with more enterprise use cases like Olive the AI Show less Read more
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