Salesforce Inc (NYSE:CRM, XETRA:FOO) shares added almost 6% after Wednesday's closing bell as it impressed investors with a solid financial report for third quarter and improved full-year revenue guidance. The company raised its full-year revenue guidance, now expecting revenue in the range of $41.45 billion to $41.55 billion, representing growth of 9% to 10% over the previous year.
Salesforce delivered an earnings beat but fell just short of consensus on revenue. The company issued a revenue forecast for the current quarter that topped estimates.
Salesforce raised its fiscal 2026 revenue forecast on Wednesday, anticipating growth from its artificial intelligence agent platform due to strong enterprise demand.
Salesforce Inc (NYSE:CRM, XETRA:FOO) is expected to report third-quarter results broadly in line with Wall Street estimates, according to Jefferies, whose partner survey showed steady demand but limited near-term catalysts ahead of the company's analyst day. Jefferies' 20-partner survey was “neutral to positive,” with 70% of respondents above or at plan for the quarter ending in October.
Salesforce is scheduled to report earnings after the market closes later today, with traders anticipating a big move in the software giant's stock.
Bryn Talkington, Managing Partner of Requisite Capital Management, joins CNBC's "Halftime Report" to explain why she's selling Salesforce here. The Committee discuss their Cyber Strategy.
The company has become more profitable in recent years, even as the pace of sales has slowed.
Adobe (NASDAQ: ADBE) and Salesforce (NYSE: CRM) both reported earnings showing software giants racing toward AI through completely different routes.
To dispel the fear that AI is eating software, Salesforce will need to show increasing Agentforce adoption and monetization.
Salesforce (CRM) has slipped into a potentially attractive setup, trading near levels where past pullbacks have often turned into strong rebounds. With the stock hovering around $230, this is a pivotal moment to gauge whether weakness is setting up another opportunity — or signaling more volatility ahead.
Bill Nygren's legendary Oakmark fund made some remarkable moves in the third quarter, to say the least.
AI spending is moving into its next phase, and Wedbush analysts expect it will mark the start of a major monetization cycle beginning next year The analysts pointed to a pickup in deal activity across cloud providers, noting that around 20% of the AI-related projects it tracks at hyperscalers have sped up in recent weeks. “2026 will be another strong year for the tech trade with the AI Revolution front and center,” the analysts wrote, pointing to infrastructure built throughout 2025 that they expect will enable “transformational monetization opportunities into 2026 and beyond.