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AI Seen as Multi-Year Tailwind for Salesforce (CRM), Says Goldman Sachs

Salesforce, Inc. (NYSE:CRM) is one of the AI Stocks Investors Are Watching CloselyOn September 4, Goldman Sachs analyst Kash Rangan reiterated a Buy rating on the stock with a $385.00 price target. Salesforce’s Q2 results modestly topped expectations, though Q3 revenue guidance midpoint came in below consensus, pressuring shares.

Goldman Sachs highlighted how artificial intelligence has the potential to become a “multi-year tailwind” for Salesforce instead of being a disruptive force toward its SaaS business.

It noted encouraging signs for the firm, including modest growth reacceleration in core Sales and Service Clouds (8% YoY vs. 7% prior), growth in Salesforce’s Data Cloud and AI annual recurring revenue (ARR exceeded $1 billion, up ~120% YoY), and 6,000 paid Agentforce deals, with 40% of new bookings from existing customer expansions suggesting healthy progress in AI deployments.

Still, Goldman Sachs believes that Salesforce failed to deliver meaningful reacceleration in F2H26 guidance which has led to a weakness in the stock. Nevertheless, it remains constructive on the shares.

“Furthermore, we should start to see relief to growth as C23 cohorts renew in C26, as opposed to the tough comparisons from C21/22 cohorts that renewed in C24/25. As Salesforce deploys AI internally to extract further efficiencies within the business, we believe the company can potentially scale to 35-40% OpM over the next several years without comprising its ~10% Subscription Revenue growth, coupled with the optionality to deliver modest acceleration without sacrificing OpM expansion.”

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

While we acknowledge the risk and potential of CRM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CRM and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 Must-Watch AI Stocks on Wall Street and 10 AI Stocks to Watch Out For in 2025.

Disclosure: None.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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