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Salesforce Shares Jump on JPMorgan Upgrade

Guavy AI Editorial Team
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Salesforce's stock price rose after JPMorgan upgraded its rating of the software company. The upgrade, announced on August 13, 2026, came as Salesforce reported its fiscal Q1 2027 earnings.

The quarterly results showed revenue up 13.3% year over year to $11.13 billion and earnings per share (EPS) rising to $3.88 from $2.58 a year earlier.

Free cash flow reached $6.6 billion, and Agentforce annual recurring revenue hit $1.2 billion. Tokens processed by Salesforce climbed 152% quarter over quarter to 28.6 trillion.

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