Salesforce (CRM) Demand Remains Robust Despite AI Market Noise, Partners Say

Salesforce, Inc. (NYSE:CRM) is one of the AI Stocks Making Headlines on Wall Street. On November 25, Cantor Fitzgerald reiterated its Overweight rating on the stock with a $325.00 price target. The rating affirmation follows discussions with Salesforce partners regarding current demand conditions.

According to the firm, three of the four partners reported meeting their third-quarter targets and that they are on track to achieve their financial goals. The fourth partner, who didn’t meet Q3 targets, cited specific circumstances which have been unrelated to the overall demand environment.

This partner, however, is now experiencing double-digit bookings growth for the fourth quarter. Besides the positive demand environment, partners also noted that they do not see any evidence that AI-related application disruptions are being materialized in actual business conditions.

Overall, the demand environment remains steady and partners aren’t losing any customers or deals to AI startups. While Agentforce’s adoption remains underwhelming thus far, Salesforce’s core value proposition remains relevant.

Salesforce, Inc. (NYSE:CRM) is a cloud-based CRM company that has gained popularity after it unveiled its AI-powered platform called Agentforce.

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