Salesforce (NYSE:CRM) Soars on $60B Forecast & Google Gemini AI Game-Changer
Wall Street's betting big on Salesforce's AI-powered future—and the stock market's responding with rocket fuel.
The $60 Billion Vision
That massive forecast isn't just pie-in-the-sky thinking. Salesforce projects AI-driven growth that would make even the most bullish analysts do a double-take. The market's voting with its wallet, sending CRM shares soaring on the news.
Google Gemini: The AI Ace
Forget incremental improvements—this partnership puts Salesforce squarely in the enterprise AI big leagues. Google's Gemini technology integrates directly into the CRM ecosystem, potentially revolutionizing how businesses handle customer relationships.
The timing couldn't be better. While traditional finance types still debate AI's real-world value, Salesforce is busy building it. Another case of Silicon Valley innovation leaving Wall Street analysis in the dust.
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The collaboration aims to boost enterprise adoption of artificial intelligence (AI) by integrating advanced capabilities into both Salesforce and Google Workspace tools.
Key Details of the Deal
The MOVE will allow companies to deploy hybrid AI agents capable of handling complex, multistep tasks with greater accuracy and consistency. This will help enhance productivity and customer engagement across departments by allowing smarter, more responsive workflows.
Salesforce is also expanding Gemini’s reach across Google Workspace, moving beyond Gmail to include tools such as Sheets, Docs, Drive, Slides, and Meet. The company is bringing AI-driven support into everyday work tools and streamlining operations across sales, service, and marketing teams.
Finally, Google’s Gemini will also be added to Slack, Salesforce’s communication platform. This will help strengthen Slack against key competitors such as OpenAI’s new workflow automation tools.
Is CRM a Buy, Sell, or Hold?
Turning to Wall Street, CRM stock has a Moderate Buy consensus rating based on 30 Buys, nine Holds, and one Sell assigned in the last three months. At $326.57, the average Salesforce stock price target implies a 31.91% upside potential.
