From $100M to $1B? Salesforce’s Agentforce (CRM) Might Be the One to Watch

Salesforce, Inc. (NYSE:CRM) is one of the 10 AI Stocks Getting Wall Street’s Attention. On June 17, Cantor Fitzgerald analyst Matthew VanVliet reiterated an “Overweight” rating and $325.00 price target on the stock. The rating affirmation follows Salesforce’s Summer ’25 release announcement of over 100 new features and upgrades, with Agentforce being the highlight.

Having launched in October 2024, Salesforce has already gained traction and generated more than $100 million in annual recurring revenue. According to the firm, the Summer ’25 product announcements were “incremental, base-hit type improvements” across Salesforce’s portfolio. However, Agentforce has been a rapidly evolving offering alongside the broader Data Cloud + AI business expansion.

A woman using a tablet to navigate the cloud-based bill payment technology.

Cantor forecasts Agentforce to exceed $1 billion in annual recurring revenue “in only a couple of years” on the back of its current product evolution and momentum. Salesforce’s proposed acquisition of Informatica was also highlighted as a potential growth catalyst, estimated to close next year, provided it is approved.

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 potential of CRM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 10 AI Stocks on Wall Street’s Radar and 15 AI Stocks Making Waves on Wall Street.

Disclosure: None.