Salesforce (CRM) stock rose 5% today due to positive developments, including an ambitious five-year plan projecting $60 billion in revenue by 2030. The company announced a partnership with Alphabet (GOOGL) to incorporate Google’s Gemini AI models into its new Agentforce 360 platform, enhancing enterprise AI adoption. This collaboration aims to integrate advanced AI capabilities into Salesforce and Google Workspace tools, enabling companies to deploy hybrid AI agents for complex tasks, improving productivity and customer engagement.
Key features include expanded Gemini integration into Google tools such as Sheets, Docs, and Slack, streamlining operations for sales, service, and marketing teams.
With a Moderate Buy consensus rating from analysts—30 Buys, nine Holds, and one Sell—CRM stock is positioned for potential growth, with an average price target of $326.57, suggesting a 31.91% upside.
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