Salesforce Earnings Preview: AI Division Agentforce Hits $1 Billion Mark

Salesforce's stock has rallied nearly 5% in the past five days ahead of its earnings report on August 26. The focus is on Agentforce, the company's AI division, which has reportedly crossed $1 billion in yearly sales.

This milestone comes as part of Salesforce's broader push into artificial intelligence and data software revenue, which totals around $3.4 billion.

Analysts are expecting Salesforce to report approximately $11.33 billion in sales for the fiscal second quarter, with earnings per share ranging from $3.09 to $3.27.

The company had previously reported strong first-quarter results, with revenue of $11.13 billion and profitability of $3.88 per share. Management also boosted its full-year sales target to around $46 billion.