Why Salesforce (CRM) Is Betting Agentforce and Slack Can Deepen Its AI Growth Story

Salesforce, Inc. (NYSE:CRM) is one of the fastest-growing agentic AI stocks to buy.

On April 1, 2026,  TD Cowen reiterated a Buy rating and $250 price target after Salesforce’s Slackbot event in San Francisco, calling Slackbot a key enabling technology that could accelerate AI consumption in CRM. The caution is scale. Agentforce is growing fast, but Salesforce is already huge, so the market still has to see whether that momentum becomes material enough to move the company’s overall growth profile in a lasting way.

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In late February, the company had reported fiscal 2026 revenue of $41.5 billion, up 10% year over year, while the remaining performance obligation rose 14% to $72.2 billion. The more important number was inside the AI stack: Agentforce ARR reached $800 million, up 169% year over year, with 29,000 deals closed, up 50% quarter over quarter. Salesforce also said Agentforce had consumed nearly 20 trillion tokens and generated more than 2.4 billion agentic work units to date.

The core argument for Salesforce is that it is not selling agents as a detached tool. It is trying to make Agentforce useful by plugging it into the systems enterprises already run on Salesforce: customer records, workflows, integrations, and Slack. Salesforce describes Agentforce as an open platform for deploying digital labor across customer and employee use cases, while its broader platform pitch centers on connecting data, governance, workflows, and AI agents on one system.

Salesforce, Inc. (NYSE:CRM) provides cloud-based software for customer relationship management and related enterprise functions, and increasingly positions Agentforce, Data Cloud, Customer 360, and Slack as parts of a unified AI enterprise platform.

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