Salesforce Raises Revenue Guidance to $46.4 Billion as AI Products Drive Accelerated Growth

Salesforce raises annual revenue forecasts on AI product momentum

Aug 26 (Reuters) - Salesforce (CRM.N), opens new tab raised its annual revenue forecast on Wednesday, signaling confidence that enterprise adoption of its new AI-powered autonomous agents will accelerate sales. Shares of the San Francisco-based company rose 7% in extended trading. The forecast suggest that Salesforce ⁠is gaining traction with AI-powered tools and autonomous agents that can automate sales, service, and marketing tasks -- an area the company sees as a major growth driver for the future. "We're seeing incredible demand for our AI and ⁠data products, with annual recurring revenue about to cross $4 billion," said CEO Marc Benioff. The company now expects fiscal 2027 revenue ⁠between $46.1 billion and $46.4 billion, compared with its prior outlook of $45.9 billion to $46.2 billion. It also ⁠raised its annual adjusted earnings per share forecast to be between $16.67 ⁠and $16.71 from its earlier outlook range of $14.06 to $14.12 apiece. Reporting by Juby Babu in Mexico City; Editing by Leroy Leo Our Standards: The Thomson Reuters Trust Principles., opens new tab

Salesforce Q2 FY2027 earnings beat, raises full-year revenue guidance

The software company reported $11.35 billion in second-quarter revenue and now expects $46.1 billion to $46.4 billion for the full year Salesforce $CRM reported second-quarter revenue of $11.35 billion on Wednesday, up 11% from a year earlier, and raised its full-year revenue guidance by $200 million as demand for its AI products climbed. The company now expects fiscal 2027 revenue of $46.1 billion to $46.4 billion, up from prior guidance of $45.9 billion to $46.2 billion issued in May. For the fiscal third quarter, Salesforce said it expects revenue of $11.42 billion to $11.50 billion. Analysts had anticipated $11.41 billion for the third quarter, according to CNBC. Salesforce stock rose roughly 11% in extended trading. The stock had been down 22% for the year through Wednesday's close. Combined ARR from Agentforce and Data Cloud AI products climbed to nearly $3.9 billion, reflecting growth of more than 210% versus the prior year. Within that figure, Agentforce on its own surpassed $1.5 billion in ARR, a 240% year-over-year increase. The company said seven billion Agentic Work Units -- discrete tasks executed by AI agents -- had been delivered across Agentforce and Slack $WORK to date, with 3.2 billion completed in the second quarter, up 97% from the prior quarter. The company posted quarterly net income of $3.53 billion, or $4.29 per diluted share, against $1.89 billion, or $1.96 per share, in the same period last year. Salesforce attributed much of the net income lift to a $2.6 billion investment gain tied in part to its position in AI startup Anthropic. On a non-GAAP basis, diluted earnings per share came in at $5.90. Adjusted EPS of $5.90 matched the LSEG consensus estimate, according to CNBC. Current remaining performance obligation, which tracks contracted revenue the company anticipates booking over the next twelve months, totaled $33.5 billion, a 14% year-over-year gain. The StreetAccount consensus had pegged that figure at $33.22 billion, according to CNBC. Chief Financial and Operating Officer Robin Washington told investors that order volumes have reached a four-year high, and that the business remains positioned to deliver organic revenue acceleration in the back half of the fiscal year, according to Bloomberg. For the full fiscal year, Salesforce said it expects non-GAAP diluted earnings of $16.67 to $16.71 per share. The company also maintained its full-year operating cash flow growth guidance of approximately 4% to 5%. The $200 million guidance raise reflects $100 million in organic growth and $200 million from the pending acquisitions of content management company Contentful and customer service startup Fin, partially offset by a $100 million foreign exchange headwind, the company said. Both deals are expected to close during the fiscal third quarter.

Salesforce Stock Soars On Q2 Double Beat, 'Claudeforce' Anthropic Partnership - Salesforce (NYSE:CRM)

Salesforce Inc (NYSE:CRM) reported financial results for the second quarter of fiscal 2027 after the close on Wednesday. Here's a look at the key details from the print. * Salesforce stock is trending. What's the outlook for CRM shares? Salesforce Q2 Key Metrics Salesforce delivered second-quarter revenue of $11.35 billion, beating the consensus estimate of $11.32 billion. The enterprise software company posted adjusted earnings of $5.90 per share, beating estimates of $3.27 per share, according to Benzinga Pro. Total revenue in the quarter was up 11% on a year-over-year basis. Salesforce said it exited the period with total remaining performance obligations of $66.5 billion, up 11% year-over-year. Salesforce generated operating cash flow of $1.3 billion and free cash flow of $1.1 billion in the quarter. The company had approximately $8.3 billion in cash and cash equivalents at quarter's end. Trending Get a 1% Match on Your First Deposit of $1,000+ "We just delivered one of our best quarters ever, outperforming across every key metric," said Marc Benioff, chair and CEO of Salesforce. "AI is delivering value across every layer of our platform. We're seeing incredible demand for our AI and data products, with ARR about to cross $4 billion." What's Next For Salesforce? Salesforce expects third-quarter revenue to be in the range of $11.42 billion to $11.50 billion, versus estimates of $11.41 billion. The company sees third-quarter adjusted earnings of $3.42 to $3.44 per share, versus estimates of $3.37 per share. Salesforce raised its fiscal 2027 revenue outlook from a range of $45.9 billion to $46.2 billion to a new range of $46.1 to $46.4 billion, versus estimates of $46.11 billion. The company raised its full-year adjusted earnings guidance from a range of $14.06 to $14.12 per share to a new range of $16.67 to $16.71 per share, versus estimates of $14.14 per share. Salesforce management will discuss the quarter on an earnings call scheduled for 5 p.m. ET. Salesforce Inks Deal With Anthropic In connection with earnings, Salesforce announced a "Claudeforce" partnership with Anthropic, bringing Claude's intelligence and reasoning together with Salesforce's enterprise platform. "By fusing Claude's extraordinary reasoning with the trusted data, workflows, and governance every enterprise runs on, we're delivering a dynamic interface that thinks, reasons, and acts. This is how every business will run," Benioff said. The deal with Anthropic appears to be helping boost shares after hours. CRM Shares Move Higher After The Bell CRM Price Action: Salesforce shares were up 13.93% in after-hours Wednesday, trading at $234.75 at the time of publication, according to Benzinga Pro. Markets Microsoft, Amazon, Google Court Kimi K3 Maker Despite Bessent Blacklist Threat Microsoft, Amazon and Google are in talks with Kimi K3 maker Moonshot AI over revenue sharing despite Scott Bessent's blacklist threat. 3 min read Read this article Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.

Why is Salesforce stock surging today? By Investing.com

Investing.com -- Salesforce stock surged 12.8% in after-hours trading after the cloud software giant reported fiscal second-quarter 2027 results that far exceeded Wall Street's expectations on every key metric, sending shares to $232. Revenue came in at $11.35 billion against the $11.32 billion consensus, rising 11% from a year earlier in the quarter ended July 31. The headline earnings figure was the real shock: net income of $3.53 billion, or $4.29 per share, jumped 87% from a year ago, with the company pointing to a $2.6 billion gain on strategic investments from its stake in AI startup Anthropic. Beyond the headline beat, the results were bolstered by a dramatic guidance upgrade and a major partnership announcement. Salesforce now sees $16.67 to $16.71 in full-year adjusted earnings per share on $46.1 billion to $46.4 billion in revenue -- a significant step up from the prior guidance of $14.06-$14.12 in EPS on $45.9-$46.2 billion in revenue, with the revenue midpoint exceeding the LSEG consensus of $46.11 billion. Compounding the positive sentiment, Salesforce and Anthropic expanded their strategic partnership and unveiled "Claudeforce," a new way for salespeople to access critical data directly from inside Anthropic's Claude chatbot, launching as a plugin with 37 pre-built sales skills allowing users to compose emails, update records, and take other relevant actions. Salesforce CEO Marc Benioff described the initiative, saying "We're delivering a dynamic interface that thinks, reasons, and acts." The broader market provided little directional help, underscoring that today's move was entirely company-driven. The S&P 500 gained just 0.1%, the Dow Jones added 0.3%, and the Nasdaq edged up 0.2% during the regular session -- a near-flat backdrop that made Salesforce's after-hours leap all the more striking. Ahead of the print, analysts at Citizens had reiterated a Market Outperform rating with a $315 price target, noting that industry checks showed improvement with 50% of checks positive in the fiscal second quarter versus just 22% in the first quarter. Truist Securities and Oppenheimer had also maintained bullish ratings into the report. The combination of a massive earnings beat, a near-doubling of the full-year EPS outlook, a $2.6 billion windfall from the Anthropic stake, and the high-profile Claudeforce partnership announcement converged to deliver one of the stock's sharpest single-session moves in recent memory. Salesforce holds a dual exposure to Anthropic -- as an investor capturing the AI startup's valuation gains and as a customer embedding Anthropic's models into its own products, including the Agentforce AI agent platform. That structural positioning, now validated by hard financial results, appears to have decisively shifted investor sentiment. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Salesforce Posts Higher 2Q Profit, Expands Partnership with Anthropic -- 2nd Update

Salesforce posted higher second-quarter profit and revenue on rising demand for its artificial-intelligence and data offerings, and also expanded its partnership with the AI company Anthropic. The results prompted the enterprise software company to bump up its full-year sales and profit forecasts, factoring in a boost in organic growth as well as acquisitions it expects to close this quarter. The San Francisco company on Wednesday also disclosed an expanded partnership, dubbed Claudeforce, with Anthropic that combines its broad platform of business tools with the AI company's Claude system. The partnership will launch with Salesforce in Claude, a plugin with more than three dozen prebuilt sales tools such as meeting prep, deal health review and pipeline review that were built jointly by the two companies. The offering is available now to select pilot customers and plans to launch in open beta mode next month. The companies said they plan to introduce more integrations across Claude, as well as Salesforce and its Slack business. Shares of Salesforce climbed 13% to $231.93 in after-hours trading. At market close, the stock was down 22% year to date. Salesforce's second-quarter profit came in at $3.53 billion, or $4.29 a share, compared with $1.89 billion, or $1.96 a share, a year earlier. Adjusted earnings per share were $5.90, compared with analyst estimates of $3.27, according to FactSet. Revenue rose 11% to $11.35 billion, compared with analyst estimates of $11.33 billion. Sales included a $456 million contribution from Informatica, which Salesforce acquired in November 2025. Chief Executive Marc Benioff called the quarterly results one of the company's best reports to date, and cited AI as a key factor. "AI is delivering value across every layer of our platform. We're seeing incredible demand for our AI and data products," Benioff said. Annual recurring revenue for Agentforce and Data 360-Salesforce's AI products-reached nearly $3.9 billion in the quarter, more than tripling year over year. For the full year, the company now expects revenue of $46.1 billion to $46.4 billion, compared with its prior view of $45.9 billion to $46.2 billion. It now guides for adjusted earnings per share of $16.67 to $16.71, up from $14.06 to $14.12 previously. The updated guidance reflects an expected boost from organic growth as well as the company's deals for Contentful and Fin, which it expects to close in the coming weeks. For the current quarter, Salesforce expects sales of $11.42 billion to $11.5 billion and adjusted earnings per share of $3.42 to $3.44. Analysts expect sales of $11.41 billion and adjusted earnings per share of $3.37.

Salesforce 2Q Profit, Revenue Rise on Demand for AI, Data Products

Salesforce posted higher second-quarter profit and revenue on rising demand for its artificial-intelligence and data offerings. The results prompted the enterprise software company to bump up its full-year sales and profit forecasts, factoring in a boost in organic growth as well as acquisitions it expects to close this quarter. The San Francisco company also on Wednesday disclosed an expanded partnership with Anthropic that combines its broad platform of business tools with the AI company's Claude system. Salesforce's second-quarter profit came in at $3.53 billion, or $4.29 a share, compared with $1.89 billion, or $1.96 a share, a year earlier. Adjusted earnings per share were $5.90, compared with analyst estimates of $3.27, according to FactSet. Revenue rose 11% to $11.35 billion, compared with analyst estimates of $11.33 billion. Sales included a $456 million contribution from Informatica, which Salesforce acquired in November 2025. Chief Executive Marc Benioff called the quarterly results one of the company's best reports to date, and cited AI as a key factor. "AI is delivering value across every layer of our platform. We're seeing incredible demand for our AI and data products," Benioff said. Annual recurring revenue for Agentforce and Data 360-Salesforce's AI products-reached nearly $3.9 billion in the quarter, more than tripling year over year. For the full year, the company now expects revenue of $46.1 billion to $46.4 billion, compared with its prior view of $45.9 billion to $46.2 billion. It now guides for adjusted earnings per share of $16.67 to $16.71, up from $14.06 to $14.12 previously. The updated guidance reflects an expected boost from organic growth as well as the company's deals for Contentful and Fin, which it expects to close in the coming weeks. For the current quarter, Salesforce expects sales of $11.42 billion to $11.5 billion and adjusted earnings per share of $3.42 to $3.44. Analysts expect sales of $11.41 billion and adjusted earnings per share of $3.37. Under Salesforce's expanded partnership with Anthropic, dubbed Claudeforce, Claude will offer a plugin for AI agents to access the data, workflows, business logic and actions of Salesforce's platform. The companies said they plan to introduce more integrations across Claude, as well as Salesforce and its Slack business.