Salesforce Bulls Finally Catch Up: Agentforce ARR Hits $1.5 Billion

Salesforce's Agentforce ARR hit $1.5 billion, and combined Agentforce and Data Cloud 360 ARR reached nearly $3.90 billion, up over 210% year-over-year.

The company's forward P/E of 14 and 7.50% free cash flow yield are attractive compared to Microsoft's current valuation.

Despite balance-sheet leverage increasing due to a $25 billion accelerated share repurchase, Salesforce can service its debt with cash flow it prints in a single quarter.

The Street is warming up on Salesforce, with an analyst target price of $281.89 against a current price of $233.28 and 40 buy or strong-buy ratings against just 2 strong sells.