Salesforce (CRM) stock is up about 5% today on a slew of positive news. The cloud software giant disclosed an ambitious five-year roadmap targeting $60 billion in revenue by 2030. Also, it announced a partnership with Alphabet (GOOGL) to bring Google’s Gemini AI models into Salesforce’s newly launched Agentforce 360 platform.
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The collaboration aims to boost enterprise adoption of artificial intelligence (AI) by integrating advanced capabilities into both Salesforce and Google Workspace tools.
Key Details of the Deal
The move will allow companies to deploy hybrid AI agents capable of handling complex, multistep tasks with greater accuracy and consistency. This will help enhance productivity and customer engagement across departments by allowing smarter, more responsive workflows.
Salesforce is also expanding Gemini’s reach across Google Workspace, moving beyond Gmail to include tools such as Sheets, Docs, Drive, Slides, and Meet. The company is bringing AI-driven support into everyday work tools and streamlining operations across sales, service, and marketing teams.
Finally, Google’s Gemini will also be added to Slack, Salesforce’s communication platform. This will help strengthen Slack against key competitors such as OpenAI’s new workflow automation tools.
Is CRM a Buy, Sell, or Hold?
Turning to Wall Street, CRM stock has a Moderate Buy consensus rating based on 30 Buys, nine Holds, and one Sell assigned in the last three months. At $326.57, the average Salesforce stock price target implies a 31.91% upside potential.
