Salesforce raises fiscal 2026 revenue and profit forecasts, citing strong demand for its AI agent platform. CEO Marc Benioff highlights momentum in Agentforce and Data 360 products, with ARR hitting nearly $1.4 billion. AI agents gaining popularity among Big Tech, with Agentforce ARR surpassing half a billion dollars in Q3.
Investors push Salesforce to show returns on AI investments amid tech industry concerns. Company forecasts revenue of over $60 billion by 2030, above market estimates. Fiscal 2026 revenue now expected in the range of $41.45 billion to $41.55 billion, with adjusted earnings per share forecast raised to $11.75 to $11.77.
Despite third-quarter revenue slightly missing estimates at $10.26 billion, Salesforce’s shares rise over 2% in extended trading. Monetization for Agentforce platform picking up pace as enterprises embrace autonomous AI. Confidence in pipeline and customer acquisition drives forecast increase, showcasing company’s commitment to AI innovation.
Read more at Yahoo Finance: Salesforce raises annual forecasts as AI software adoption picks up steam
