** Shares of Salesforce CRM.N down 2% at $173.98 premarket

** Company forecast second-quarter revenue below Wall Street estimates on Wednesday, as concerns about AI disrupting traditional software demand overshadowed its better‑than‑expected Q1 results

** "We think the way out of this for CRM involves continued solid quarterly results, continued strong growth of Agentforce, and delivering on the revenue acceleration co is calling for," Morningstar says

** Company expects second-quarter revenue of $11.27 billion to $11.35 billion, slightly below analysts' average estimate of $11.36 billion

** Thirty-nine of 53 brokerages rate the stock "buy" or higher, 12 "hold" and two "sell" or lower; their median PT is $250, per LSEG-compiled data

** As of last day's close, stock down ~33% YTD