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Enterprise AI Shifts to Applications as Salesforce Challenges Microsoft Multiples

24/7 Wall St. Read original source (opens in a new tab)
The Story

News Summary

  • Salesforce reported strong Q1 FY27 results with Agentforce ARR jumping 205% to $1.2 billion and a fifth consecutive EPS beat.
  • The analysis notes enterprise AI spending is rotating toward software application workflows, positioning Salesforce at an attractive valuation relative to higher-multiple peers like Microsoft.
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505.41 +6.63% over the displayed period

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