Is It Time to Buy Salesforce Stock With AI Agent Momentum Mounting?

• Salesforce is starting to spot coagulated AI cause traction with its Agentforce platform.

• However, this hasn't yet led to a meaningful acceleration successful its wide gross growth.

• The stock's valuation is cheap, trading astatine a guardant price-to-sales aggregate of 5.3.

• 10 stocks we similar amended than Salesforce ›

Salesforce (NYSE: CRM) turned successful coagulated fiscal 2026 third-quarter results and issued upbeat guidance connected the backmost of the beardown momentum it is seeing with its artificial quality (AI) cause platform, Agentforce, helping nonstop its banal higher. However, the banal has inactive mislaid a 4th of its worth this year, arsenic investors stay cautious connected the interaction that AI volition person connected software-as-a-service (SaaS) companies, which thin to terms their solutions connected a per-user basis.

Let's instrumentality a person look astatine its results and prospects to spot if present is the clip to leap into the stock.

Agentforce helped thrust Salesforce's maturation this quarter, with the AI cause level seeing its yearly recurring gross (ARR) surge 330% to $540 million. Meanwhile, Agentforce was included successful six of its apical 10 deals successful the quarter. It said it presently has 9,500 paid Agentforce deals, which is up 50% from conscionable past quarter. Meanwhile, its has much than 18,500 Agentforce deals successful total. It noted that its flexible pricing options, which tin beryllium seat- oregon usage-based, person helped thrust AI cause adoption.

Data 360 (formerly Data Cloud), which helps customers unify their information into a azygous source, has been different maturation driver. The fig of records the level collected and processed much than doubled successful the quarter. Combined Agentforce and Data 360 ARR jumped 114% twelvemonth implicit twelvemonth to $1.4 billion.

Overall, Salesforce's gross roseate by 9% twelvemonth implicit twelvemonth to $10.26 billion, which was successful the mediate of its guidance scope of $10.24 cardinal to $10.29 cardinal and conscionable missed the $10.27 cardinal consensus, arsenic compiled by LSEG. Subscription and enactment gross accrued by 10% to $9.73 billion.

Platform sales, wherever Agentforce and Data 360 reside, led the way, with maturation accelerating to 19% successful the quarter, up from 14% maturation successful Q1 and 16% successful Q2. Marketing and commerce maturation was its weakest area, with maturation edging up conscionable 1%.

Among its different halfway products that came from anterior large acquisitions, Slack led the mode with gross maturation of 13%. Tableau gross roseate by 4%, portion Mulesoft gross accrued by 6%. That was a meaningful deceleration for some Mulesoft and Tableau, which it blamed connected the on-premise information of their revenue, which gets recognized successful the play it's booked, creating little visibility.