From 24/7 Wall St. · Vandita Jadeja · · 1m 10s
AI Software Story Wall Street Is Underrating
Salesforce's AI growth outpaces stock price, with 39% upside potential.
In brief
Salesforce's AI growth outpaces stock price, with 39% upside potential. Wall Street undervalues Salesforce's AI business, which could grow to $372 by 2030. Originally reported by 24/7 Wall St..
Salesforce AI Business Scaling
Salesforce's agentic AI business is scaling faster than most enterprise software companies.
“Something in that gap looks like an opportunity Wall Street…”
Stock Price vs AI Growth
The stock is down 9.6% year to date despite AI business scaling faster than almost anything in enterprise software.
24/7 Wall St. Price Target
24/7 Wall St. targets $331.33 for Salesforce, implying 39.26% upside from current $237.79.
Agentforce Growth Metrics
Agentforce ARR reached $1.5 billion, up over 240% year over year, with combined ARR near $3.9 billion.
Bull Case for $372 Target
Bull case points to $372.12 by 2030 if Agentforce continues compounding above 100% and premium editions expand.
Bears' Concerns
Bears cite organic growth around 11-12% and integration risks from Informatica, Contentful, and Fin.
Salesforce vs Competitors
Salesforce trades at similar P/E to Microsoft but has less proven AI monetization than Oracle and ServiceNow.
Price Prediction Timeline
Salesforce price targets $256 in 2026, $332 in 2027, $410 in 2028, $482 in 2029, and $561 in 2030.
In short
Wall Street undervalues Salesforce's AI business, which could grow to $372 by 2030.
