Salesforce's Marc Benioff Has Been Pumping Up Agentforce. But the Company's Latest Numbers Tell a Different Story.
Portfolio Pulse from
Salesforce reported Q4 earnings with 8% year-over-year sales growth, which continues a concerning downward trend. While the company launched Agentforce, its AI platform, in October and claims 5,000 deals (3,000 paid), the revenue guidance remains modest at 7-8% growth. The stock trades at a high P/E multiple of 45, raising concerns about its valuation relative to performance.
March 28, 2025 | 9:00 am
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NEGATIVE IMPACT
Salesforce's AI platform Agentforce has potential, but current metrics suggest limited near-term impact. Slow growth and high P/E ratio could pressure stock performance.
Slowing revenue growth, high valuation, and uncertain AI platform performance suggest potential stock price decline. Limited near-term catalysts and competitive AI landscape pose risks.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100