Salesforce in focus as checks show uptick in Agentforce, 'muted' core growth: UBS

Salesforce (CRM) was in focus on Tuesday as recent channel checks performed by UBS showed an uptick in Agentforce usage, but core growth has remained "muted."

"Bottom line, the Agentforce feedback up-ticked and customers are uninterested in replacing Salesforce with an AI-built alternative but we did NOT pick up evidence to support a view that Salesforce’s backlog or revenue growth rates are bending higher," UBS analyst Karl Keirstead wrote in a note to clients.

https://seekingalpha.com/news/4552786-salesforce-in-focus-as-checks-show-uptick-in-agentforce-muted-core-growth-ubs