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Salesforce (NYSE:CRM) is one of the 8 Best Generative AI Software Stocks to Buy in June. On June 15, Salesforce announced that it had forged a definitive agreement for the acquisition of customer agent company Fin, formerly Intercom, for approximately $3.6 billion.

Photo by Austin Distel on Unsplash

Salesforce said the acquisition will bring Fin’s customer agent platform to companies of all sizes, expanding the company’s ability to deliver autonomous agents across the enterprise. Upon the completion of the transaction, Salesforce and Fin customers will be provided with more ways to deploy AI agents across their customer service operations, with fast time-to-value options. The company said this is especially well-suited for SMB and some commercial organizations that need to launch quickly, integrate with existing systems, and deliver measurable outcomes.

According to a report by TheFly on the same day, Jefferies expressed optimism for the acquisition, noting that it will accelerate AI adoption in Salesforce’s installed base. The analyst noted that 15 M&A deals signed by Salesforce since May 2025 are helping accelerate innovation, as the company looks to reinvent itself amid the AI displacement narratives.

Several analysts reiterated their Buy ratings on Salesforce following the announcement of the acquisition. According to a separate report from Investing.com, Canaccord Genuity maintained its Buy rating and $225 price target on Salesforce on June 15. Similarly, Truist also maintained a Buy rating and $280 price target on the stock.

Based on 55 analyst ratings compiled by CNN, 73% assigned a Buy rating to Salesforce, while 24% assigned a Hold rating. The stock currently has an average price target of $242, a 47.07% upside from the current price of $164.55.

Salesforce (NYSE:CRM) helps organizations become agentic enterprises by integrating humans, agents, apps, and data on a trusted, unified platform to unlock unprecedented growth and innovation.

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.

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