Salesforce Soars as JPMorgan Turns Bullish on Agentforce Growth
Salesforce (NYSE:CRM) has seen a significant increase in its stock price over the past few weeks, rising by 7.82% in the last week and 20.18% in the past month.
JPMorgan has turned bullish on the company, citing the growth of Agentforce monetization as a key factor in their decision.
The company's Q1 FY27 earnings report showed a 24.08% beat on EPS and revenue growth of 13.3% year-over-year.
JPMorgan is anchoring their projections on the combined Agentforce + Data 360 ARR reaching $3.4 billion, which they believe will drive future growth for the company.