Latest news with #MatthewVanvliet
Business Insider
7 days ago
- Business
- Business Insider
Workday initiated with an Overweight at Cantor Fitzgerald
Cantor Fitzgerald analyst Matthew Vanvliet initiated coverage of Workday (WDAY) with an Overweight rating and $265 price target as part of a broader research note launching coverage on select Human Capital Management – HCM – names. Covid drove a sharp acceleration across the industry, but since 2022, HCM battled a 'hangover', with estimates being repeatedly lowered, the analyst tells investors in a research note. Cantor notes however that it sees the industry having settled into a 'new normal' as estimates reset to reasonable levels and with valuation multiples 'undemanding'. The firm contends that while the 'hangover' could last until 2027, the firm sees a 'reasonable' risk-reward. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Yahoo
25-06-2025
- Business
- Yahoo
Salesforce's (CRM) AI Push Gains Momentum With New Pricing Strategy
Salesforce, Inc. (NYSE:CRM) is one of the 10 AI Stocks in the Spotlight. On June 20, Cantor Fitzgerald analyst Matthew Vanvliet reiterated an 'Overweight' rating on the stock and maintained the price target at $325.00. The rating affirmation follows the company's announcement of new AI pricing structures and product updates. In particular, Salesforce has announced new product packaging and pricing for Agentforce, Customer 360 Apps, and Slack. This has been done to help customers accelerate their artificial journey regardless of the organization. A closeup of a software engineer architecting a cutting-edge Global Pricing Management application. Analysts at Cantor Fitzgerald noted how the simplified Agentforce pricing and packaging may help lower adoption barriers, further boosting artificial intelligence usage throughout organizations. They also noted how the 6% price increase will impact Salesforce's financial results at a gradual pace, resulting in slight revenue growth acceleration in the second half of fiscal 2026. Regardless, the firm's estimates remain unchanged for now. All in all, investors are focused on monetization through artificial intelligence for now, and the company has already been demonstrating pricing power and strong demand. This could grow even further as enterprises scale their Salesforce deployments. Salesforce, Inc. (NYSE:CRM) is a cloud-based CRM company that has gained popularity after it unveiled its AI-powered platform called Agentforce. While we acknowledge the potential of CRM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-06-2025
- Business
- Yahoo
Salesforce's (CRM) AI Push Gains Momentum With New Pricing Strategy
Salesforce, Inc. (NYSE:CRM) is one of the 10 AI Stocks in the Spotlight. On June 20, Cantor Fitzgerald analyst Matthew Vanvliet reiterated an 'Overweight' rating on the stock and maintained the price target at $325.00. The rating affirmation follows the company's announcement of new AI pricing structures and product updates. In particular, Salesforce has announced new product packaging and pricing for Agentforce, Customer 360 Apps, and Slack. This has been done to help customers accelerate their artificial journey regardless of the organization. A closeup of a software engineer architecting a cutting-edge Global Pricing Management application. Analysts at Cantor Fitzgerald noted how the simplified Agentforce pricing and packaging may help lower adoption barriers, further boosting artificial intelligence usage throughout organizations. They also noted how the 6% price increase will impact Salesforce's financial results at a gradual pace, resulting in slight revenue growth acceleration in the second half of fiscal 2026. Regardless, the firm's estimates remain unchanged for now. All in all, investors are focused on monetization through artificial intelligence for now, and the company has already been demonstrating pricing power and strong demand. This could grow even further as enterprises scale their Salesforce deployments. Salesforce, Inc. (NYSE:CRM) is a cloud-based CRM company that has gained popularity after it unveiled its AI-powered platform called Agentforce. While we acknowledge the potential of CRM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None. Sign in to access your portfolio
