Salesforce.com Inc

Salesforce reported record Q2 revenue of $11.35 billion, up 11% year over year, and raised its full-year fiscal 2027 revenue guidance to $46.1–$46.4 billion, incorporating a $300 million constant currency raise. The company's AI momentum accelerated, with Agentforce annual recurring revenue reaching $1.5 billion and AI and Data ARR approaching $4 billion, while current remaining performance obligation grew 14% in constant currency. Non-GAAP operating margin came in at 34.1%, and free cash flow surged 81% to $1.1 billion. Salesforce also announced a strategic partnership with Anthropic to launch Cloudforce, a new product combining Anthropic's AI with Salesforce's CRM, available at Dreamforce in September. For the third quarter, the company expects revenue of $11.42–$11.5 billion, representing growth of approximately 11% to 12% in constant currency.

Salesforce reported better-than-expected fiscal second-quarter results, sending shares up about 12% in after-hours trading on Wednesday. Revenue came in at $11.35 billion, up 11% year over year and above the LSEG estimate of $11.32 billion. Net income rose 87% to $3.53 billion, with adjusted earnings per share of $5.90. The company also raised its full-year revenue guidance to $46.1–$46.4 billion, up from $45.9–$46.2 billion, driven by rapid growth in its AI business. Annualized revenue from its Agentforce AI product surpassed $1.5 billion, up 240% from the same period last year, and it recorded a $2.6 billion gain from its strategic investment in Anthropic. Meanwhile, Salesforce and Anthropic announced an expanded partnership to launch Claudeforce, a tool that lets sales staff access Salesforce data and work directly through Claude. This marks the first time Salesforce has appended "force" to another company's product name. Claudeforce will be available as a plugin with 37 ready-made sales skills, with plans to add Slack integration in the future. The move comes amid concerns about a "SaaSpocalypse" where generative AI could replace traditional software, but Salesforce's CEO insists this is not a SaaSpocalypse and views AI as an opportunity rather than a threat.

Salesforce and Anthropic have announced a new partnership to integrate Claude into Salesforce's agentic enterprise platform and workflows, introducing prebuilt sales skills and enabling agents to automate tasks directly within both Claude and Salesforce. The collaboration, which Salesforce plans to extend across its product suite including Slack, is positioned as a key step in the company's long-term push into AI-powered enterprise SaaS solutions. For investors, this move reinforces the narrative of Salesforce as a workflow and data hub, potentially raising switching costs and supporting revenue and margin growth. The key test will be whether Salesforce quantifies Claude-driven agentic and AI annual recurring revenue or customer expansions in upcoming earnings updates through late 2026, which would help judge if the partnership is strengthening its AI moat or being offset by competing CRM and AI bundles from hyperscalers.

NVIDIA reported fiscal second-quarter earnings of $2.22 per share on revenues of $96.2 billion, surpassing Zacks estimates of $2.09 per share and $91.85 billion, marking a 120% year-over-year increase in earnings and 106% in revenue. The Data Center segment alone generated $89.00 billion in revenue, up 117% from a year ago, and the company expects to exceed $100 billion in revenue next quarter for the first time, with guidance of $108 billion plus or minus 2%. In other earnings news, Salesforce posted a big beat with $5.90 per share versus the $3.27 consensus, driven by its partnership with Anthropic, and returned $27.5 billion to shareholders. CrowdStrike shares rose 9.7% after reporting record annual recurring revenue of $333 million, up 51% year over year, and beat on both earnings and revenue. Hewlett-Packard also beat estimates with $0.83 per share versus $0.74 expected, helped by an 11-cent gain from tariff refunds, and raised guidance, while Urban Outfitters met earnings expectations of $1.72 per share on record revenues of $1.66 billion, up 10.4% year over year.

Salesforce, the U.S. customer management software giant, raised its full-year revenue outlook on the 26th, expressing confidence that the adoption of new AI-powered autonomous agents in enterprises is accelerating and will boost sales. Shares rose 7% in after-hours trading. The company now expects fiscal 2027 revenue of $46.1 billion to $46.4 billion, up from its previous forecast of $45.9 billion to $46.2 billion. It also raised its full-year adjusted earnings per share outlook to $16.67 to $16.71, up from the prior $14.06 to $14.12. The updated outlook reflects Salesforce's growing momentum in AI-powered tools and autonomous agents that can automate sales, service, and marketing operations, which the company has identified as a key future growth driver. CEO Benioff said, "Demand for our AI and data products is growing at an incredible pace, and we expect annual recurring revenue (ARR) to soon surpass $4 billion."

Salesforce reported record second quarter fiscal 2027 results, with cRPO growth accelerating to 14% year-over-year in constant currency, and raised its full-year revenue guidance by $200 million, or $300 million in constant currency. The company posted revenue of $11.3 billion, up 11% year-over-year, including a $456 million contribution from Informatica, and non-GAAP diluted earnings per share of $5.90, up 103%. Agentforce and Data 360 annual recurring revenue reached nearly $3.9 billion, up over 210% year-over-year, with Agentforce ARR exceeding $1.5 billion. Salesforce now expects full-year fiscal 2027 revenue of $46.1 billion to $46.4 billion, up 11% to 12% year-over-year, and initiated third-quarter revenue guidance of $11.42 billion to $11.5 billion. The guidance includes the pending acquisitions of Contentful and Fin, which are expected to close in the coming weeks, and reflects a $100 million organic growth, $200 million from acquisitions, and a $100 million FX headwind.

Anthropic has filed its Form S-1 with the SEC, setting the stage for what is expected to be the most anticipated IPO of 2026 and the biggest AI pure play ever to go public. The company, founded in 2021 by former OpenAI employees Daniela and Dario Amodei, has a private valuation of roughly $965 billion and an annualized revenue run rate of approximately $65 billion, making it the fastest-growing technology company in history. While no exact date is set, the earliest Anthropic could go public is October, with Polymarket betting markets showing an 83% chance of a debut by the end of October and 93% by the end of 2026. Public companies with significant Anthropic stakes include Amazon, Alphabet, Salesforce, Zoom Video, and SK Telecom, with Amazon's stake valued at about $43 billion and SK Telecom's $2.7 billion stake representing roughly 20% of its market cap.

Salesforce CEO Marc Benioff said enterprise adoption of artificial intelligence remains in its early stages despite rapid advances in consumer-facing tools, agents and AI-powered interfaces. Speaking at The Six Five Summit: AI Unleashed 2026, Benioff characterized the market as "a tale of two cities," noting that while technology leaders closely follow developments in models, agents and AI infrastructure, many large companies have yet to begin a broad AI transformation. He said the vast majority of customers are still at the beginning of their AI journey, citing the need for enterprises to preserve security, governance, compliance and control over their information systems as they incorporate AI. Benioff described the evolution of enterprise AI in three phases: prompting large language models using public data sets, the "agentic enterprise" in which AI agents can be directed to perform work, and a third phase focused on interfaces that can create dynamic views of enterprise data and applications while operating alongside established, rules-based systems. He said companies are unlikely to replace all existing systems such as Salesforce, Microsoft, SAP or data lakes, but instead will amplify those investments with new AI capabilities, including composite and personalized interfaces. Benioff pointed to several internal Salesforce deployments as examples, including a customer-support agent called Casey that has resolved 5 million customer-service issues on help.salesforce.com, a Slackbot that helps users interpret Slack data, and an internal supply-chain agent called Marshall to support supplier management. He also said Dell uses a Salesforce supply-chain product called Regrello to contact 20,000 suppliers daily through agents, helping identify potential supply-chain issues through a red, yellow and green status system. Benioff outlined four layers that companies need to address as they build AI-enabled enterprise systems: data, applications and semantic layers, agentic capabilities, and interfaces. He said Salesforce has invested in this approach through its products and acquisitions, citing Informatica for data harmonization, MuleSoft for data integration, Data 360 for data-lake capabilities, Agentforce for agents, and Slackbot, as well as the purchases of Qualified and Regrello. Benioff pushed back on concerns that AI will eliminate opportunities for young computer-science graduates, saying Salesforce is hiring recent graduates and needs workers who can assemble governed AI systems for enterprises and governments.

Salesforce is set to release its second-quarter fiscal 2027 earnings on Aug. 26, with investors watching whether its AI focus is delivering a meaningful financial boost. The company's Agentforce platform reached $1.2 billion in annual recurring revenues in the first quarter, up 205% year over year, and combined AI and data ARR hit $3.4 billion, a 200% surge. The Zacks Consensus Estimate for subscription and support segment revenues is $10.78 billion, implying about 11.2% year-over-year growth. Salesforce currently carries a Zacks Rank #3 (Hold).

Salesforce stock has surged 28% over the past month as fears of a SaaS downturn fade and agentic AI initiatives boost revenue, yet the company still trades at a price-to-earnings ratio of 24, below the S&P 500 average and down from over 40 less than a year ago. In its fiscal 2027 first quarter ended April 30, Salesforce reported 13% year-over-year revenue growth and a 37% increase in net income, with CEO Marc Benioff calling agentic AI the biggest growth opportunity for customers and the company. The firm's current remaining performance obligations reached $33.6 billion, up 14% year over year, while its AgentForce offering surpassed $1 billion in annual recurring revenue and, combined with Data 360, hit $3.4 billion, a jump of more than 200%. Salesforce has processed over 28.6 trillion tokens to date, up 152% sequentially, and management guided for 10% to 11% revenue growth in the fiscal second quarter, with results due later in August.

Anthropic, the owner of the Claude chatbot, has an annualized revenue run rate of $65 billion, about seven times what it was at the end of last year. The company has filed with the SEC to go public later this year in an IPO that could value it at $2 trillion or more. Retail investors can gain indirect exposure through companies holding pre-IPO stakes: Amazon with a 21% stake from its $33 billion investment, Alphabet with 15%, Salesforce with $5 billion, and Zoom Communications with $1.3 billion. Alphabet and Amazon previously booked large gains from stakes in SpaceX and Anthropic, respectively, and could see further revaluation if the IPO succeeds.

Agiloft launched a no-code enterprise contract management app for Salesforce on AgentExchange, integrating contract workflows directly into the CRM environment. The app connects CRM, legal, finance, and sales teams using real-time data sync and automation to centralize contract operations. The launch expands Salesforce's ecosystem with an enterprise-grade contract lifecycle management option aimed at complex organizational workflows.

Salesforce shares are up nearly 5% in the past five days ahead of its Aug. 26 earnings report, with investor focus on its AI division Agentforce. The company says Agentforce has crossed $1 billion in yearly sales, while total AI and data software revenue is approximately $3.4 billion. Wall Street expects about $11.33 billion in fiscal second-quarter sales and earnings per share between $3.09 and $3.27. In the first quarter, Salesforce reported $11.13 billion in revenue and $3.88 per share in profitability, and management raised its full-year sales target to approximately $46 billion. The company ended the quarter with $33.6 billion in remaining contract value and a large share repurchase program.

Salesforce is positioned for a potential stock pop ahead of its fiscal Q2 2027 earnings report on August 26, 2026, with Polymarket assigning a 91% probability of an earnings beat. The company trades at a P/E of 23 with a free cash flow yield of 8.53%, generated $6.556 billion of free cash flow in Q1, and sits at $206.09, down 21.8% year-to-date against a Wall Street analyst target of $242.74 and a JPMorgan price target of $250. Agentforce ARR crossed $1 billion in Q1, with Agentforce plus Data 360 combined ARR of nearly $3.4 billion, up over 200% year over year, and current RPO is $33.6 billion, up 14% year over year. A $25 billion accelerated share repurchase delivered 103 million shares upfront, pulling the diluted share count from 970 million to 871 million in a single year and adding 23 cents to non-GAAP EPS in Q1, with a further $25 billion of authorization remaining. Salesforce printed revenue growth of 13.27% year over year in Q1 FY27, ahead of Oracle's most recently reported cloud-adjusted top-line pace, while noncurrent debt jumped to $39.3 billion from $10.4 billion to fund the ASR, with interest coverage at 27.5x.

Salesforce reported that Agentforce annual recurring revenues reached $1.2 billion in the first quarter of fiscal 2027, up 205% year over year, signaling strong early adoption of its enterprise AI platform. Combined Agentforce and Data 360 ARR came in at $3.4 billion, more than doubling from the year-ago period, while the company processed 28.6 trillion AI tokens, up 152% sequentially, and Agentic Work Units increased 111% to 3.8 billion. More than 50% of Agentforce and Data 360 bookings came from existing customers, highlighting the potential to expand spending per customer. Salesforce's total first-quarter revenues rose 13% to $11.13 billion, and current Remaining Performance Obligation increased 14% to $33.6 billion, prompting the company to raise the lower end of its fiscal 2027 revenue guidance to $45.9-$46.2 billion from $45.8-$46.2 billion. The Zacks Consensus Estimate for fiscal 2027 revenues is pegged at $46.09 billion, indicating year-over-year growth of about 11%.

JPMorgan has turned bullish on Salesforce after the stock surged 20.18% over the past month and 7.82% in the past week. The firm's $276 price target implies roughly 37% upside from the current $201.37, with a 90% confidence level and a BUY recommendation. Salesforce reported Q1 FY27 EPS of $3.88 versus a $3.13 consensus, a 24.08% beat and its fifth consecutive EPS beat, while revenue grew 13.3% year-over-year to $11.13 billion and management raised full-year FY27 revenue guidance to $45.9 billion to $46.2 billion. Agentforce ARR crossed $1.2 billion, up 205% year-over-year, and combined Agentforce plus Data 360 ARR reached $3.4 billion, which JPMorgan and other sell-siders are anchoring on. The bull case sees Salesforce reaching $289.60 over 12 months, a 43.81% total return, supported by a $25 billion accelerated share repurchase that already retired 103 million shares and a fresh $50 billion buyback authorization, while the bear case still leaves the stock at $232.62, a 15.52% return, due to valuation support at 15x forward earnings.

American Public Education announced it is building an AI-powered Student Lifecycle Platform using Salesforce for its American Public University System, which includes American Military University, American Public University, Rasmussen University and Hondros College of Nursing. The platform will unify admissions, financial aid, advising, tutoring and career services into one connected experience, with AI agents providing personalized support and proactive advising. Rollout is expected to begin with Rasmussen University and Hondros College of Nursing in the first quarter of 2027, with completion across all four academic units continuing through 2027 and into the first half of 2028. The system serves approximately 109,000 students and over 250,000 alumni worldwide.

C3.ai’s revenue floundered after CEO Thomas Siebel resigned from the position due to health issues. The company announced his return in June, as it posted fiscal fourth quarter sales of $51.6 million, a substantial drop from the prior year’s $108.7 million. For its full fiscal year 2026 ended April 30, revenue fell 35.7% to $250.3 million, contributing to a net loss of $470.4 million. Meanwhile, Salesforce reported fiscal 2026 revenue of $41.5 billion, up 9.6%, with net income of $7.5 billion, and its Agentforce AI annual recurring revenue surged over 200% to $3.4 billion in the fiscal first quarter. The article concludes that Salesforce’s healthier financials and lower valuation make it the better investment compared to struggling C3.ai.

Bandwidth Inc. raised its full-year 2026 revenue guidance to $900-$910 million from $880-$900 million, reflecting expected contributions from recent enterprise wins and AI-driven communications. The company reported second-quarter revenue of $220 million, up 22% year over year, with Adjusted EBITDA rising 27% to $28 million. All five million-dollar-plus customer wins in the quarter included Maestro or AI services, and Bandwidth was selected as Salesforce's exclusive critical infrastructure partner for voice and messaging within Agentforce Contact Center. The raised outlook also includes higher Adjusted EBITDA guidance of $123-$125 million and non-GAAP EPS of $1.71-$1.79. Bandwidth's non-GAAP gross margin improved 100 basis points to 59.4%, and free cash flow was $24 million.

American Public Education raised its full-year 2026 revenue guidance to between $690 million and $698 million and announced it is building a new AI-enabled student lifecycle platform with Salesforce that is expected to begin delivering value in early 2027. The company also lifted its adjusted EBITDA outlook to $96 million to $104 million and net income available to common stockholders to $46.5 million to $52.5 million, while lowering capital expenditure guidance to $25 million to $28 million. Second-quarter revenue grew 5.5% year-over-year to $171.7 million, with net income of $9.8 million, or $0.52 per diluted share, and adjusted EBITDA of $20.7 million. The institutional combination was completed on August 4, 2026, and the Health+ segment saw revenue rise 11% to $86.2 million on 7% enrollment growth, though the Military+ segment continues to face active duty headwinds tied to deployments.

Palantir reported a 92.83% revenue surge on August 3, 2026, while Salesforce posted a 13.27% increase on May 27, 2026, highlighting contrasting enterprise AI strategies. Palantir's U.S. commercial revenue reached $764 million, up 149% year over year, and U.S. government revenue hit $809 million, up 90%, with the company closing 73 deals of at least $10 million. Salesforce's Agentforce annual recurring revenue reached $1.2 billion, up 205%, and the company executed a $25 billion accelerated share repurchase funded by debt that increased noncurrent liabilities to $39.3 billion. Palantir raised its fiscal 2026 revenue guidance to between $8.15 billion and $8.158 billion, implying 82% growth, while Salesforce guided fiscal 2027 revenue to between $45.9 billion and $46.2 billion. Palantir trades at a price-to-earnings ratio of 139, and Salesforce trades at a price-to-earnings ratio near 22.

The Department of Defense has granted Impact Level 5 authorization to Salesforce's Agentforce 360 platform, allowing the system to handle Controlled Unclassified Information and certain unclassified National Security Systems data. This production-grade clearance, announced on August 5, requires a FedRAMP High baseline plus over 450 DoD-specific security controls, physical tenant separation, and U.S.-persons-only access, with the platform running on AWS GovCloud. Salesforce CEO of Missionforce and Government Cloud Kendall Collins stated the company is the first commercial software firm to bring an agentic platform into the national security environment. The U.S. AI defense market is valued at roughly $4 billion this year and projected to reach $10.9 billion by 2031, while the DoD's fiscal 2026 AI budget request is $14.2 billion. Salesforce already holds an Army IDIQ contract worth up to $5.6 billion over 10 years, with Army Human Resources Command as the first component to deploy Agentforce 360, projected to handle more than 55 million agent conversations per month. The authorization required Salesforce to attest that Anthropic's generative AI models were disabled within the platform, though a policy-driven toggle could re-enable them if the DoD changes its stance.