Salesforce's Agentforce AI Momentum Will Be Gradual -- Market Talk

Dow Jones
28 Feb

1219 ET - Salesforce's artificial intelligence product Agentforce is driving some momentum -- though gradual -- across the rest of the customer relationship management company, Stifel analysts say. Non-AI components of the business have a "halo effect" from Agentforce, which launched in October and automates tasks when given prompts, the analysts say. Management set modest expectations for Agentforce revenue in the current year, but expects momentum to pick up and become a bigger sales driver in 2027. Stifel analysts said the roughly 6% stock dip after the bell Wednesday was an overreaction, and the stock recovered some Thursday morning, down 2.3% to $300.24. (katherine.hamilton@wsj.com)

(END) Dow Jones Newswires

February 27, 2025 12:20 ET (17:20 GMT)

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