Salesforce Shares Surge on Agentforce Launch

Salesforce's newly launched Agentforce platform is driving significant growth for the company, contributing to a record high stock price of $368.7 after strong quarterly results and an optimistic AI-driven product outlook. The platform, introduced at the Dreamforce conference, is designed for autonomous task management and has already garnered 200 deals since its late October release, with major companies like OpenTable and Accenture among its early adopters. Salesforce's third-quarter revenue reached $9.44 billion, surpassing expectations, leading to a surge in market valuation by over $35 billion. Analysts remain optimistic about the company's strategic push into AI, predicting significant long-term gains and raising price targets to a median estimate of $380. CEO Marc Benioff emphasized that Agentforce is central to a transformative shift in enterprise operations, positioning Salesforce as a leader in the AI-driven market. This momentum is expected to continue into 2026 as the enterprise sector increasingly embraces AI solutions.