Salesforce Sets Ambitious $63B Revenue Target Amid Generative AI Push
Salesforce has set an ambitious long-term sales goal, aiming to surpass $63 billion in annual revenue by fiscal year 2030. This projection exceeds the average analyst expectation of $61.4 billion and reflects the company's confidence in leveraging emerging technologies, particularly generative AI.
The GF Value™ metric indicates that Salesforce shares are modestly undervalued, with a current price of $250.54 compared to its intrinsic value of $343.34, representing a 27.0% discount. The GF Score™ of 91/100 signals strong overall business quality and growth potential, driven by robust profitability and growth.
The company's strategic focus on AI-driven growth is evident in its recent investment in AI startup Anthropic, which generated a $2.6 billion gain. Salesforce plans to integrate these technologies into its Customer 360 platform to accelerate autonomous AI agents for sales, service, and marketing.