Salesforce, Inc. reported accelerated growth in its core revenue, with a 14% year-over-year increase in cRPO, signaling strong demand despite concerns about AI reducing SaaS value. Its AI-powered products, Agentforce and Data 360, reached nearly $3.9 billion in annual recurring revenue, with Agentforce alone growing over 240% YoY. This indicates that AI adoption is moving beyond early experimentation to significant monetization. The company maintains a strong buy rating with a $261 target, supported by improving growth, rising AI monetization, and a resilient legacy business, while still trading at a valuation discount.
Salesforce CEO Marc Benioff rejected concerns about a 'SaaSpocalypse,' stating that AI enhances rather than replaces CRM software. After a strong earnings report and better-than-expected guidance, Salesforce shares rose over 12%. Benioff highlighted ...
Salesforce reported strong Q2 fiscal 2027 results with revenue of $11.3 billion, matching estimates, and adjusted EPS of $5.90, more than double expectations. The company raised its full-year revenue guidance to $46.1-$46.4 billion and adjusted EPS o...
Salesforce reported fiscal Q2 earnings that surpassed Wall Street expectations, with revenue rising 11% to $11.35 billion and net income nearly doubling to $3.53 billion. The company gained $2.6 billion from its strategic investment in AI startup Ant...
Salesforce and Anthropic expanded their partnership by introducing Claudeforce, a new plugin that integrates Anthropic's Claude AI chatbot with Salesforce's sales tools. Claudeforce offers 37 pre-built sales skills enabling users to compose emails, u...
Salesforce is set to report quarterly earnings with analysts expecting $3.27 EPS and $11.33 billion in revenue, reflecting around 11% revenue growth and 12% earnings growth. Investors are focused on the company’s organic growth and the impact of its ...
