Salesforce’s fiscal Q3 revenue grew 8% to $10.26 billion, with a non-GAAP operating margin of 35.5%. AI momentum is strong, with Data 360 ARR up 114% and Billings increasing by 13%. Fair value estimate at $325 per share, with potential for growth as the company aims for $60 billion in revenue by 2030.

Fourth-quarter outlook includes Informatica deal, with revenue guidance of $11.13 billion to $11.23 billion. Management optimistic about AI usage and revenue acceleration. Non-GAAP operating margin expected to remain stable at 34.1%. Analysts see stock as attractive and potential for upside with progress in the coming years.

Read more at Morningstar: Salesforce Earnings: AI Momentum Is Undeniable With Notable Strength in Agentforce