Salesforce (CRM) stock is in the spotlight as investors await the company’s third-quarter financial results, expected after the market closes on Tuesday. Analysts forecast revenue of $9.35 billion, a 7% increase compared to the same period last year, with net income expected to reach $1.41 billion or $1.45 per share, up from $1.22 billion or $1.25 per share a year earlier.

Ahead of these results, 19 out of 24 analysts tracked by Visible Alpha recommend buying the stock, while five suggest holding. The average target price is $352, implying a 7% upside from the current level of $330.01.

Demand for artificial intelligence has also been a key driver for Salesforce’s growth. Morgan Stanley, which has a “buy” rating with a $330 price target, highlighted Salesforce’s Agentforce platform as a leader in the generative AI market.

Since the Dreamforce conference in September, where Agentforce was introduced, Salesforce shares have risen by 30%. Jefferies analysts, with a $400 price target, noted improved demand in Salesforce’s ecosystem, with 71% of surveyed partners reporting increased customer interest in AI solutions.