Oppenheimer Sticks to $275 Price Target on Salesforce Amid AI Investment Shift

Salesforce has received a vote of confidence from Oppenheimer, which reaffirmed an Outperform rating on the stock with a price target of $275.00.

The firm's annual Dreamforce customer survey found that IT budgets appear healthy and 85% of surveyed customers have tested or deployed Agentforce.

However, nearly half of those customers remain in the pilot or testing stage, leaving the pace of production adoption and monetization uncertain.