Cloud-computing firm Salesforce was hit with a proposed class action lawsuit by two authors who alleged the company used thousands of books without permission to train its artificial intelligence software.
Salesforce Inc (NYSE:CRM, ETR:FOO) shares jumped 8% at Thursday's open after the cloud computing giant set an ambitious revenue target of more than $60 billion for fiscal year 2030, signaling a return to double-digit organic growth over the next five years. At its Dreamforce conference in San Francisco, Salesforce outlined a plan to achieve a compound annual growth rate of more than 10% from fiscal 2026 to 2030, excluding revenue from recent acquisition Informatica.
Salesforce guided for $60 billion in revenue by fiscal 2030, igniting optimism about the company's AI-monetization strategy.
Salesforce stock (NYSE: CRM) offers a persuasive yet fully valued investment opportunity following the announcement of its recent revenue guidance for 2030. On October 16, 2025, shares increased by as much as 5% in extended trading after the company projected revenues to surpass $60 billion by 2030, exceeding the $58 billion consensus estimate from analysts.
Salesforce (CRM) shares gained ground in premarket trading Thursday after the software maker issued a better-than-expected long-term sales outlook.
Salesforce shares jumped more than 6% in premarket trading on Thursday, after the company forecast faster revenue growth in the coming years, easing concerns that AI tools were eroding demand for its software.
Salesforce stock was receiving a boost after it said it expects to generate more than $60 billion in revenue in fiscal-year 2030
Salesforce, Inc. (NYSE:CRM ) Analyst/Investor Day October 15, 2025 4:00 PM EDT Company Participants Emmanuel Schweitzer Michael Spencer - Executive Vice President of Investor Relations Stephen Fisher - President, CPO, Executive VP and GM of Next Gen CRM & Unified Data Miguel Milano - President & Chief Revenue Officer Robin Washington - President, Chief Operating & Financial Officer and Director Marc Benioff - Co-Founder, Chairman & CEO Conference Call Participants S. Kirk Materne - Evercore ISI Institutional Equities, Research Division Keith Weiss - Morgan Stanley, Research Division Kasthuri Rangan - Goldman Sachs Group, Inc., Research Division Brent Thill - Jefferies LLC, Research Division Mark Murphy - JPMorgan Chase & Co, Research Division Keith Bachman - BMO Capital Markets Equity Research Presentation Emmanuel Schweitzer Good morning, everyone.
Salesforce.com (CRM) concluded the recent trading session at $236.58, signifying a -1.33% move from its prior day's close.
Salesforce shares moved up as much as 5% in extended trading after the business software maker issued new financial targets for the next few years. The company said it now expects over $60 billion in 2030, above the $58.37 billion consensus among analysts polled by LSEG.
Salesforce expects revenue of more than $60 billion in 2030, according to a presentation made at its Dreamforce event on Wednesday.
Salesforce Founder, Chair, and CEO Marc Benioff joins 'Mad Money' host Jim Cramer to talk its Agentforce software, partnerships with AI companies, its investments in San Francisco, and much more.