Bullish
Salesforce's stock surges 22.6% to $252.05 after strong Q2 earnings and AI growth.
Salesforce's stock experienced a significant 22.6% increase, closing at $252.05, following the release of its second-quarter fiscal 2027 results. The company reported a 103% year-over-year increase in non-GAAP earnings per share to $5.90 and raised its full-year revenue guidance to between $46.1 billion and $46.4 billion, driven by robust demand for its AI products and a significant investment gain from Anthropic.
Key points
- Salesforce's Q2 fiscal 2027 revenue reached $11.35 billion, surpassing analyst expectations of $11.32 billion, with adjusted earnings per share of $5.90, exceeding estimates of $3.27 per share.
- The company raised its full-year revenue guidance to between $46.1 billion and $46.4 billion, reflecting confidence in its AI product momentum.
- Salesforce announced an expanded strategic partnership with Anthropic, introducing 'Claudeforce,' integrating Anthropic's AI capabilities into Salesforce's platform.
- Despite the positive financial results, a recent report indicates that Salesforce's AI agent platform, Agentforce, has yet to demonstrate meaningful growth two years after its launch, with customer adoption remaining limited due to issues like insufficient data readiness and immature technology.
Sources
- Salesforce Stock Soars On Q2 Double Beat, 'Claudeforce' Anthropic PartnershipBenzinga · August 26, 2026
- Salesforce, Inc. (CRM) Stock Price, News, Quote & HistoryYahoo Finance · August 27, 2026
- Salesforce and Anthropic Announce Claudeforce: The #1 AI Meets the #1 AI CRMStockTitan · August 26, 2026
- Salesforce AI agent platform hasn't delivered meaningful growth two years after launch, customers report findsTechRadar · August 25, 2026
AI-generated from public news sources. Not financial advice.
