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Cantor Fitzgerald Stays Bullish on Salesforce (CRM) Ahead of Earnings

Salesforce, Inc. (NYSE:CRM) is one of the Trending AI Stocks on Wall StreetOn August 28, Cantor Fitzgerald analyst Matthew VanVliet reiterated an Overweight rating on the stock with a $325.00 price target. The rating comes ahead of earnings print on Wednesday, September 3rd.

The firm believes that investors should look out for growth in Data Cloud, Agentforce, Service Cloud, as well as forward pipeline activity heading into Dreamforce.

Continued weakness is expected in marketing and commerce cloud performance, while Sales Cloud growth is likely to demonstrate in-line growth.

Speaking with partners, it has been revealed that AI-powered Agentforce projects are moving forward into Phase II of projects with an estimated 40% of customers likely to expand deployment the next 12 months.

“This is supported by our fieldwork over the past few months, which points to extensive activity around adopting and expanding Data Cloud footprints to power Agentforce, the majority of the latter remains in testing and pilot phases. That said, we have spoken with some partners more recently who are now seeing about 20% of Agentforce projects move forward into Phase II of projects (from 1-2 use-cases to 5-15 broader deployments), with expectations that nearly 40% of customers could be expanding scope over the next 12 months.”

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 AI Stocks Hit with New Analyst Ratings and 10 AI Stocks Analysts Say You Shouldn’t Ignore

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:

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