12 Hot AI Stocks on Wall Street’s Radar

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4. Salesforce, Inc. (NYSE:CRM)

Number of Hedge Fund Holders: 119

Salesforce, Inc. (NYSE:CRM) is one of the 12 Hot AI Stocks on Wall Street’s Radar. On December 5, Cantor Fitzgerald reiterated an “Overweight” rating on the stock with a $325.00 price target. The rating affirmation comes as the company clarifies its pricing strategy, formalizing and maturing its approach.

Management’s approach will likely address customer concerns about opacity that had emerged in customer and partner conversations, analysts noted. The company has structured its pricing strategy into three categories.

These include seat-based SKUs (Agentforce 1 Editions), pay-as-you-go and pre-commit options, and newer offerings such as Flex Credits and Agentic Enterprise License Agreements (AELA).

The said pricing tiers align with the typical customer lifecycle for AI-powered platform Agentforce. According to Cantor, 16 AELAs are currently in production that have an average incremental Annual Recurring Revenue exceeding $1 million each. Moreover, 10-20 new opportunities are added to the pipeline weekly.

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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