Mar. 15 at 9:29 PM
🚀 BNP Paribas shared bullish insights on AI growth from meetings with Salesforce, Workday, & Snowflake.
Here's the key takeaway:
$CRM
✓ Outperform rating reaffirmed
✓ Agentic AI is a game-changer, better customer outcomes, simplified workflows,& engagement across platforms
✓ Revenue growth expected to accelerate in H2
✓ Management is controlling costs & ramping buybacks while positioning for AI dominance
$WDAY
✓ Focus shifting back to organic product growth
✓ Data Cloud & AI-driven features set to boost bookings in H2 FY'27
✓ New initiatives aim for revenue acceleration, even if margins take short-term hit
✓ International expansion & full-suite sales remain priorities
$SNOW
✓ Positioned as top AI beneficiary, growth driven by migration /use cases
✓ Collabs with Anthropic & OpenAI enhance capabilities
✓ AI is still less than 2% of rev but already helping beat estimates
✓ Big deals /strong RPO growth suggest significant upside
The AI wave's disrupting traditional models, act fast🧠
$XSW