Salesforce Stock Surges 13.28% on Strong Cloud Software Demand
Salesforce stock has been on an upward trend, increasing by 13.28 percent due to strong demand for cloud software and enterprise spending.
The company's AI story is a major driver of this growth, with multiple firms revising their price targets and reaffirming Buy or Outperform ratings.
Truist and Oppenheimer see Salesforce's AI, Agentforce, and data cloud ARR driving re-acceleration into 2027, despite longer sales cycles.
Slack is becoming a core workflow and AI interface inside Salesforce CRM, justifying higher targets from BMO and others.