11:03 AM EDT, 09/04/2025 (MT Newswires) -- Salesforce's ( CRM ) "solid" fiscal Q2 results will be overshadowed by its "relatively underwhelming" fiscal Q3 guidance, Wedbush said in a Thursday note.

The company's total revenue guidance was slightly below Street estimates at a range of $10.24 billion to $10.29 billion, Wedbush analysts said.

Salesforce ( CRM ) continues to invest in its Agentforce strategy to reaccelerate growth in the long term, the analysts said.

The agentic AI platform is still gaining acceptance, with the company signing 12,500 Agentforce deals since its inception with 6,000 paying customers, they said.

Wedbush said that Salesforce ( CRM ) can become a "long-term winner within the AI Revolution" as the Agentforce strategy builds further incremental momentum.

"We need to see improved execution moving forward from its core business while balancing aggressive investments into its data and AI strategies," the analysts said.

Wedbush lowered its price target on the stock to $375 from $425 while keeping its outperform rating.

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