Salesforce Raised Guidance Again. Now It Has to Deliver the Revenue Acceleration

Salesforce Inc. delivered second-quarter results that exceeded analyst expectations, with revenues reaching $11.35 billion compared to the anticipated $11.32 billion. Adjusted earnings per share came in at $5.90, significantly surpassing the expected $3.27. The performance was bolstered by robust demand for the company’s artificial intelligence offerings, particularly its Agentforce platform.
Following the earnings announcement, Argus Research raised its price target for Salesforce to $30