Connect with us

Hi, what are you looking for?

Alive Business PlanAlive Business Plan

Stock

Salesforce shines in KeyBanc’s 2025 outlook, Amplitude among top picks

Investing.com– KeyBanc Capital Markets revised its 2025 outlook on several enterprise software stocks, highlighting Salesforce Inc (NYSE:CRM) and Amplitude (NASDAQ:AMPL) as top picks while turning cautious on ServiceNow (NYSE:NOW) and Monday .Com (NASDAQ:MNDY).

Salesforce received an upgrade to “Overweight” from “Sector Weight” rating, with a price target of $440, as KeyBanc analysts expressed optimism about its emerging Agentforce AI platform.

KeyBanc views Agentforce as a key driver of growth, with the potential to pull demand across Salesforce’s ecosystem. Despite recent stock gains, the firm sees room for both valuation and fundamental upside, citing a large discount compared to peers and expected margin expansion over the next two years.

ServiceNow, on the other hand, was downgraded to “Sector Weight” from “Overweight”. While the company remains a leader in AI-driven workflow automation, KeyBanc flagged risks to its early leadership as competitors develop their own advanced AI solutions.

Additionally, potential cuts to U.S. government spending—a key revenue source—could weigh on ServiceNow’s growth, analysts said.

Amplitude, a smaller player in the sector, was upgraded to “Overweight” with a $15 price target. KeyBanc highlighted signs of a turnaround, including improved annual recurring revenue (ARR) growth and a new CFO focused on cost efficiency. KeyBanc expects Amplitude to deliver significant margin expansion in 2025, positioning it for outperformance among small-cap software stocks.

Meanwhile, Monday.com was downgraded to “Sector Weight,” with KeyBanc expressing caution about its 2025 guidance. Analysts said that while the company has shown resilience, uncertainty over its ability to meet elevated expectations has prompted a more neutral stance.

The brokerage downgraded ZoomInfo Technologies Inc’s (NASDAQ:ZI) rating to “Underweight”, retaining a $10 price target. Analysts said there are better turnaround opportunities elsewhere, citing ongoing challenges in demand and competitive pressures from smaller rivals.

This post appeared first on investing.com
Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    You May Also Like

    Latest News

    The Gateway Pundit, a far-right website, published a note from its editor on Saturday acknowledging that two election workers in Georgia did not engage...

    Latest News

    New majorities in Congress, particularly when the incoming party has a new leader, offer the rare chance for the institution to take a breath...

    Latest News

    Sister Stephanie Schmidt had a hunch about what her fellow nuns would discuss over dinner at their Erie, Pennsylvania, monastery on Wednesday night. The...

    Investing

    JAKARTA (Reuters) -Indonesia has asked Alphabet (NASDAQ:GOOGL)’s Google and Apple (NASDAQ:AAPL) to block Chinese fast fashion e-commerce firm Temu in their application stores in...



    Disclaimer: alivebusinessplan.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 alivebusinessplan.com