{"id":225199,"date":"2026-01-03T12:40:12","date_gmt":"2026-01-03T12:40:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/225199\/"},"modified":"2026-01-03T12:40:12","modified_gmt":"2026-01-03T12:40:12","slug":"salesforce-crm-earnings-beat-highlights-expanding-ai-adoption","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/225199\/","title":{"rendered":"Salesforce (CRM) Earnings Beat Highlights Expanding AI Adoption"},"content":{"rendered":"\n

Salesforce, Inc. (NYSE:CRM<\/a>) ranks among the best AI stocks to buy according to analysts<\/a>. On December 4, Piper Sandler reaffirmed its Overweight rating and $315 price target for Salesforce, Inc. (NYSE:CRM) following the company\u2019s third-quarter results, noting solid advancements in its artificial intelligence products.<\/p>\n

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Pixabay\/Public Domain<\/p>\n

The CRM powerhouse reported Q3 revenue of $10.3 billion, a 9% year-over-year rise, as well as operational cash flow of $2.3 billion, up 17% year-over-year, along with free cash flow of $2.2 billion, up 22% year-over-year. Meanwhile, revenue guidance for the fourth quarter exceeded Wall Street expectations. Salesforce, Inc. (NYSE:CRM) forecasts adjusted earnings per share of $3.02 to $3.04 with revenue of $11.13 billion to $11.23 billion.<\/p>\n

Additionally, Salesforce, Inc. (NYSE:CRM) reported a 70% quarter-over-quarter rise in production customers, from 800 to about 2,200. The company\u2019s total ARR is currently near 4% due to its combined data and AI solutions.<\/p>\n

Piper Sandler noted that Salesforce\u2019s Agentforce annual recurring revenue has hit $540 million, accounting for 1.4% of the company\u2019s subscription run-rate. This expansion was complemented by encouraging customer feedback, with nearly 50% of Agentforce bookings coming from current customers who made additional commitments, up from 40% the prior quarter.<\/p>\n

Salesforce, Inc. (NYSE:CRM) is a California-based provider of customer relationship management (CRM) technology. Incorporated in 1999, the company connects companies and customers together through its core offerings, including Agentforce, Data Cloud, Industries AI, and Slack.<\/p>\n

While we acknowledge the potential of CRM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the\u00a0best short-term AI stock<\/a>.<\/p>\n

READ NEXT:\u00a010 Best Magic Formula Stocks for 2025<\/a>\u00a0and\u00a010 Best Retirement Stocks to Buy According to Hedge Funds<\/a>.<\/p>\n

Disclosure: None. This article is originally published at\u00a0Insider Monkey<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Salesforce, Inc. (NYSE:CRM) ranks among the best AI stocks to buy according to analysts. On December 4, Piper…\n","protected":false},"author":2,"featured_media":53859,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[220,11213,218,219,44040,61,173,60,115912,101291,6463,80],"class_list":{"0":"post-225199","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-ai-stock","10":"tag-artificial-intelligence","11":"tag-artificialintelligence","12":"tag-free-cash-flow","13":"tag-ie","14":"tag-inc","15":"tag-ireland","16":"tag-piper-sandler","17":"tag-revenue-guidance","18":"tag-salesforce","19":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/225199","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=225199"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/225199\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/53859"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=225199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=225199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=225199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}