Salesforce Sees Broadening AI Adoption, RBC Says

MT Newswires Live00:50

Salesforce (CRM) shows early traction in Al-driven workflows, and rising adoption of the "agenting enterprise" framework at its quarterly event, RBC Capital Markets said in a note Thursday.

The report said the quarterly Customer Momentum &

Success update also pointed to execution strength, helping drive higher bookings and net new annual recurring revenue.

"CRM is well positioned to capture emerging Al demand, though near-term financial impact remains modest," the note said.

"Customer momentum and early Al traction supports steady

outlook, but the update largely reaffirmed prior expectations," the report added.

RBC kept its sector perform rating and $250 price target.

Salesforce shares were up past 4% in recent trading.

Price: 261.06, Change: +13.60, Percent Change: +5.50

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