Analysts Maintain Neutral Stance on Salesforce Amid AI Push and Growth Concerns
Salesforce (NYSE:CRM) faces a Wall Street divide as analysts balance its ambitious AI initiatives against slowing revenue growth. Monness analyst Brian WHITE reiterated a Hold rating, acknowledging the company's strategic bets like Agentforce—a productivity-boosting AI tool—while flagging "lackluster" performance in a tightening market.
The stock's 26% year-to-date decline starkly contrasts with the S&P 500's 10% gain, reflecting investor skepticism about sustaining double-digit growth. Upcoming catalysts include the September 3 earnings report and Dreamforce conference, where concrete AI monetization evidence could shift sentiment.