Nov. 19 at 8:25 PM
Salesforce is positioned as a potential "rebound stock" in 2026, according to Oppenheimer. The company is expected to benefit from the AI transition due to its extensive customer data and CEO-led focus on navigating the industry’s tech shift.
Near-term revenue growth is under 10%, with business transition from Agentforce, but Oppenheimer remains comfortable given strong IT spending trends, recent price increases, solid demand for Agentforce and Data Cloud, easier YoY comparisons, and favorable FX trends. Free cash flow yield of 6% suggests limited downside risk.
Salesforce completed its
$8.3B cash acquisition of AI-powered cloud data management company Informatica to strengthen its AI application data base.
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