Guggenheim upgraded Salesforce (NYSE:CRM) to Buy after Q1 beats, record margins and raised guidance, as the company eyes AI-driven growth by acquiring agent maker Fin for ~$3.6B to bolster Agentforce—analysts say AI could accelerate recurring revenue into 2026–27, lifting outlook.
Previous Week Recap
- Guggenheim Upgrades Salesforce Buy: Guggenheim upgraded Salesforce (CRM) to Buy after Q1 FY27 results showing revenue and profit beats, record operating margin and raised guidance; shares rose intraday on the upgrade.
- Salesforce To Buy Fin For 3.6B: Salesforce to buy AI agent maker Fin for about $3.6B. Fin handles multichannel customer queries; Salesforce will fold it into Agentforce to boost service deployment options.
- Enterprise Software Value Holds CRM Outlook: Analyst says enterprise software keeps value despite AI; forecasts potential acceleration in annual recurring revenue growth, which may affect Salesforce (CRM) outlook for 2026–2027.
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