Salesforce Inc. However, analysts remained largely constructive following Salesforce’s investor day.
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Salesforce’s top 100 Agentforce customers by average weekly users generated more than 2 times the annual recurring revenue within 18 months of launch. Premium license ARR has also topped $1 billion.
The economics of premium upgrades also stood out. Upgrades to Agentforce 1 Edition carry a 60% to 80% increase in average selling prices.
P. Morgan estimates that every 1% of Salesforce’s customer base that moves from core products to premium tiers represents roughly $100 million in opportunity.
See More: Top Value Stocks $63 Billion-Plus Revenue Goal ReaffirmedSalesforce reaffirmed its target for more than $63 billion in fiscal 2030 revenue. Management also said organic growth remains on track to accelerate in the second half of fiscal 2027 and beyond.
P. Morgan also highlighted Salesforce’s traction among AI-native companies.
Nine of the top 10 AI companies use Salesforce, while ARR from that cohort jumped 435% year over year. Still, premium products account for only 5% of the installed base.
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Stifel maintained a Buy rating Thursday and raised its price forecast to $300. Citigroup maintained a Neutral rating and raised its forecast to $263.
The stock is a major holding in several technology-focused ETFs.
