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Truist Securities Reiterates Buy Rating on Salesforce (CRM) Stock

Salesforce, Inc. (NYSE:CRM) is one of the Best Wide Moat Stocks to Buy Right Now. The company enjoys a wide economic moat, which is backed by significant customer switching costs and network effects. On October 7, Truist Securities reiterated its “Buy” rating on the company’s stock and price objective of $400.00, highlighting potential catalysts, which can improve investor sentiment. The firm noted that some investors have tagged Salesforce, Inc. (NYSE:CRM) as a value trap. However, the firm is confident that AI and data products would fuel improved bookings in H2 and better growth prospects into FY 2027 and beyond. Overall, the firm’s rating is backed by Agentforce’s potential as the renewed growth catalyst, and the underappreciated future earnings and cash flow.

Elsewhere, Salesforce, Inc. (NYSE:CRM) posted an outstanding Q2 2026 to close the H1, with robust performance throughout revenue, margin, cash flow, and cRPO. The company surpassed all the financial targets while achieving its 10th consecutive quarter of operating margin expansion. Salesforce, Inc. (NYSE:CRM)’s data cloud and AI annual recurring revenue exceeded $1.2 billion, reflecting a rise of 120% YoY.

Mar Vista Investment Partners, LLC, an investment management company, released its Q3 2025 investor letter. Here is what the fund said:

“Salesforce, Inc. (NYSE:CRM) stock came under pressure in Q3 as investors weighed the potential impact of trade tensions on GDP growth and IT budgets, concerns over agentic AI cannibalizing Service Cloud seats, and the slower-than-expected ramp of monetization from AI-enabled offerings such as CRM’s AgentForce.

As the global leader in SaaS-based customer relationship management software, Salesforce benefits from a vast repository of customer data. Combined with generative AI capabilities, this data can be leveraged to deliver deeper insights and improved customer outcomes. AgentForce, Salesforce’s newly launched generative AI chatbot, is designed to automate customer service tasks, which lowers costs relative to traditional call center models.

Although still early in its rollout, AgentForce has already attracted significant interest from both customers and global systems integrators. Salesforce reported that approximately 12,500 customers are currently testing AgentForce, including roughly 6,000 paying customers. We believe Salesforce is well positioned to monetize its AI initiatives over time and extend its leadership in the CRM market.”

While we acknowledge the potential of CRM to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CRM and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now

Disclosure: None. This article is originally published at Insider Monkey.

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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