Wedbush maintains an “overweight” rating on SEFTSE, with a target price of $425.
The Zhitong Finance App learned that Wedbush Securities said that Agentforce 2.0, a next-generation artificial intelligence (AI) agent platform released by CRM.US (CRM.US) this week, will further boost companies' demand for the cloud software giant's products and services. Wedbush maintains an “overweight” rating on SEFTSE, with a target price of $425.
“To accelerate the construction of next-generation artificial intelligence agents based on customer data to reduce costs and increase the degree of enterprise automation, Agentforce 2.0 is seeking to enable artificial intelligence to perform advanced operations for humans and build a higher layer of trust into agents, paving the way for a new era of digital labor,” said Dan Ives, an analyst at Wedbush Securities.
He added, “The data cloud remains a critical part of Agentforce's story because it allows agents to input customer data and contextualize the business to improve artificial intelligence capabilities, helping companies automate low-value and repetitive tasks because 41% of their time is spent on these tasks.”
Ives pointed out that Agentforce 2.0 will further strengthen SAFTSE's position in the field of artificial intelligence agents, thereby increasing the company's total potential market size from 439 billion US dollars in 2028 to 749 billion US dollars in 2030.
Ives said the company appears poised to further boost generative AI revenue as Saifushi CEO Marc Benioff announced that it would hire 2,000 sales staff to sell its artificial intelligence software.
Ives said, “As the AI revolution enters the software phase in 2025, Safetech is in an advantageous position to take a reasonable share of market expansion, as the AI monetization phase will drive SFTSE's growth over the next 12 to 18 months, and Saifushi is about to usher in a $7 trillion digital labor market opportunity.”
As of press time, Safran was up 0.86% in the premarket to $353.57.