Cantor Fitzgerald Reiterates Overweight Rating on Salesforce (CRM) on Agentforce's Strong Momentum

Salesforce, Inc. (NYSE:CRM) is one of the top tech stocks to buy now according to Goldman Sachs. On August 28, Cantor Fitzgerald reiterated its “Overweight” rating and $325 price target for Salesforce. The firm cited Salesforce’s strong momentum with its AI-powered Agentforce product and the potential for a new pricing strategy to drive revenue growth. Cantor Fitzgerald considers Salesforce to be a “top-quality company” within its coverage.

The analysts noted Salesforce’s strong operational efficiency, highlighted by impressive gross profit margins of 77.3%. They advised investors to pay attention to growth in three areas ahead of Salesforce’s earnings report on September 3, 2025: “Data Cloud & Agentforce, Service Cloud, and forward pipeline activity.” These areas are seen as critical drivers of the company’s future performance, especially as Salesforce approaches its Dreamforce event in October 2025.

The firm reported that most Agentforce projects are still in testing and pilot phases. Still, some partners are seeing progress, with approximately 20% of these projects advancing to Phase II deployments. Cantor Fitzgerald expects that nearly 40% of customers could expand their implementation scope over the next 12 months.

Salesforce, Inc. (NYSE:CRM) is a cloud-based software company that provides customer relationship management (CRM) platforms and enterprise applications focused on sales, service, marketing, analytics, and commerce. Its technology stack includes tools like Data Cloud, Agentforce, Slack, and Tableau.

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Disclosure: None. This article is originally published at Insider Monkey.