Salesforce (CRM) is anticipated to report fourth-quarter outcomes after the market closes Wednesday, with analysts largely bullish on the cloud-based software program firm’s inventory, anticipating AI-driven positive factors.

Of the 25 analysts masking the inventory tracked by Seen Alpha, 20 have issued “purchase” or equal rankings for Salesforce, with the remaining 5 analysts giving the inventory a “maintain” score. Their consensus worth goal of roughly $401 would counsel almost 30% upside from Friday’s closing worth.

Deutsche Financial institution analysts lately maintained a “purchase” score and $400 worth goal, pointing to early momentum in Agentforce, the corporate’s suite of autonomous AI brokers unveiled in September. The analysts mentioned an “AI halo impact” is driving investments to the Salesforce platform, “even when present Agentforce spend is simply gaining steam.” 

The client relationship administration software program large is anticipated to put up income of $10.05 billion, up 8% year-over-year, and adjusted earnings per share of $2.62, up from $2.29 a yr in the past.

New CFO To Be a part of Salesforce in March

Earlier this month, Salesforce mentioned former Gilead Sciences (GILD) CFO Robin Washington will be part of the corporate on March 21 as chief working and monetary officer. She’s going to succeed COO Brian Millham, who plans to retire in Might, and CFO Amy Weaver, who mentioned final yr she would depart the corporate when a successor was named.

Oppenheimer analysts referred to as Millham’s departure a «adverse shock» however mentioned they count on Washington «ought to proceed elevating working effectivity.» The analysts reiterated an «outperform» score and $415 worth goal, calling Salesforce «one of many healthiest long-term worthwhile development tales» amongst software-as-a-service companies.

Salesforce shares fell shut to three% Friday to $309.80 amid a broader market decline. The inventory has had a troublesome begin to 2025, with shares down about 7% for the yr to date after outperforming the S&P 500 in 2024.