Salesforce shares surged 23% in the past month following a strong fiscal Q2 report that beat expectations, driven by rapid growth in AI-related revenue and a new partnership with Anthropic. Despite the impressive headline earnings per share of $5.90, part of the gain was due to a one-time investment profit, making the underlying operating growth more modest. The company’s AI Agentforce product showed strong customer adoption, contributing to nearly $4 billion in combined AI and data annual recurring revenue. Investors await the upcoming Dreamforce event for further clarity on sustainable growth before deciding to buy more or take profits.
Salesforce, which struggled in early 2026 due to concerns that AI would disrupt its SaaS model, reported a strong Q2 FY27 with revenue up 10.8% to $11.35 billion and an 80% EPS beat. The company’s Agentforce product saw ARR grow over 240%, prompting ...
Listen Labs, a startup using voice AI for customer interviews, walked away from a signed $125 million Series C funding round led by Menlo Ventures. The funding likely fell through due to ongoing acquisition talks with Salesforce, which is considering...
Salesforce is in talks to acquire Listen Labs, an AI-powered customer research platform, for about $2 billion. Listen Labs helps companies gather and analyze customer feedback using AI moderators and a global participant network. The deal, if complet...
Salesforce shares trade at $249.12, reflecting a valuation that seems fully priced based on past earnings. However, strong AI-driven growth, especially in its Agentforce segment with annual recurring revenue surpassing $1.5 billion, suggests signific...
Salesforce shares surged 34% after reporting fiscal Q2 earnings with a non-GAAP EPS of $5.90 versus $3.27 expected, largely due to $2.6 billion in net gains from strategic investments contributing $2.53 per share. Excluding these gains, recurring ear...
