Street View: Salesforce builds momentum with AI tools, Informatica deal

Salesforce CRM.N raises FY26 rev, adj profit outlook on strong cloud spending, monetization ramp-up of its AI agents

Has also bought Informatica INFA.N for ~$8 bln

CRM's shares up 2.28% at $282.33 in premarket trading

CLOSING DEALS, OPENING DOORS

Piper Sandler ("overweight," PT: $335) says CRM's breadth of products and global reach helped it outperform expectations even though there were some weak areas in the U.S. federal sector and manufacturing due to tariff-related uncertainty

Barclays ("overweight," PT: $347) says growing AI demand is creating more opportunities for AI agent platform Agentforce and also increasing value and use of data tools like Data Cloud, MuleSoft, Tableau

Raymond James ("strong buy," PT: $375) says Data Cloud and Agentforce ramp continues at healthy clip

But Jefferies ("buy," $375) notes Sales Cloud and Service Cloud growth continue to decelerate, while FY26 forecast was raised "only slightly" excluding FX impact adjustments

J.P. Morgan ("overweight," PT: $380) says Informatica deal is "a more disciplined and strategic acquisition ... vs. past large-scale M&A"

Jefferies though says, "Investors continue to question whether buying INFA was the right choice as opposed to partnering"