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.
Salesforce cleared Wall Street's second-quarter expectations and deepened its ties with AI lab Anthropic.
Salesforce increased its full-year view on artificial intelligence traction. The software company saw a $2.6 billion gain on strategic investments, thanks to its increasingly valuable stake in Anthropic.
Salesforce and Anthropic on Wednesday expanded their strategic partnership and unveiled "Claudeforce," a new way for salespeople to work within Anthropic's product. The announcement marks the first time that Salesforce has ever added its "force" suffix at the end of another company's product.
OpenAI (Unlisted:OPAI) global head of AI transformation for go-to-market, Peter Doolan, is returning to Salesforce, according to The Information. Doolan becomes the second senior sales leader from the ChatGPT maker to rejoin the enterprise software company in as many weeks.
Salesforce is scheduled to report earnings after the closing bell today, with the software maker's stock seen potentially reaching its highest point since January following the results.
Salesforce (NYSE:CRM | CRM Price Prediction) and CrowdStrike (NASDAQ:CRWD) both step to the plate after the close on August 26, 2026, giving investors a same-session read on enterprise software and cybersecurity.
Salesforce (CRM) stock has traded mostly sideways in recent sessions as investors await the firm's fiscal Q2 earnings, due after the market closes on August 26th. Consensus is for CRM to record $11.32 billion in revenue and $3.27 per share of earnings (EPS), representing about 11% and 12% growth on the top and bottom lines.
Salesforce Inc (NYSE:CRM, XETRA:FOO) is expected to report an in-line fiscal second quarter when it posts results Wednesday, according to Jefferies, though the bank flagged lingering questions about whether growth can reaccelerate in the back half of the year. A proprietary Jefferies survey of 20 Salesforce partners found 70% at or above plan for the quarter, with 35% finishing at plan and 35% above.
Marc Benioff, chairman and CEO of Salesforce NYSE: CRM, said enterprise adoption of artificial intelligence remains in its early stages despite rapid advances in consumer-facing tools, agents and AI-powered interfaces.
CRM's rising Agentforce adoption and expanding AI ecosystem are expected to have supported subscription growth in Q2 fiscal 2027.
I keep hitting the buy button on Salesforce (NYSE:CRM | CRM Price Prediction) because the agentic AI thesis I bought into is now showing up in the financials, and the market is finally starting to notice.