Salesforce Sees $63 Billion Revenue By 2030 Amid Strong Growth Prospects
Salesforce Inc, a leading provider of customer relationship management (CRM) software, announced on September 17, 2026 that it expects annual revenue to exceed $63 billion by fiscal year 2030. This projection surpasses Wall Street's expectations of $60.66 billion, indicating the company's strong performance in the face of concerns over the future of the software development sector.
The company's recent second-quarter results were driven by heightened demand for its AI and data products, which has alleviated fears of a 'SaaS apocalypse' where traditional software could be replaced by cheaper AI alternatives. CEO Marc Benioff highlighted positive client feedback and the company's ability to drive transformative changes for businesses during his remarks at the Dreamforce conference.
Salesforce's GF Value calculation indicates that the stock is currently undervalued by approximately 29.2%, with a value of $343.34 compared to its current price of $243.10. The company's strong growth prospects and solid GF Score of 91/100, which evaluates financial strength, profitability, growth potential, valuation, and momentum, make it an attractive option for investors looking to invest in a leading technology company.