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Salesforce Analysts Raise Forecasts After Q3 Earnings: 'Leading The Way In Agentic AI Cycle'

Benzinga LogoBenzinga17h ago

Salesforce Analysts Raise Forecasts After Q3 Earnings: 'Leading The Way In Agentic AI Cycle' - Benzinga

Quick Summary:

"With the story now centered around the Agentforce/AI opportunity, we believe management’s disclosure of 200 Agentforce deals (GA late in the quarter) and a significant pipeline served as solid initial proof-points in the company’s ability to capture AI workloads and its positioning relative to enterprise competitors," the analyst wrote.

The company raised the midpoint of its fourth-quarter guidance for total revenue by around $50 million, while stating that its acquisition of Own closed at the end of the quarter, the analyst stated.

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Article Details

Author / Journalist: Priya Nigam

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-04 @ 17:21:33 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 1111 words

Reading Time: 7 minutes read

Sentences: 50 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 24122781

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Official Website: benzinga.com

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News Last Updated: 8 hours ago

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