Salesforce Shares Skyrocket on Strong Earnings, AI-Fueled Growth
Salesforce stock experienced a significant surge of over 22% after its latest quarterly report revealed strong earnings and AI-driven growth initiatives.
The company's shares closed at $252.10 on August 27, 2026, following the release of Q2 CY2026 results that exceeded analyst expectations. Salesforce generated revenue of $11.35 billion in the quarter ended July 31, 2026, marking a year-on-year growth of 10.8%.
The company's non-GAAP earnings per share reached $5.90, an 80.4% beat over consensus estimates of $3.27. Adjusted operating income stood at $3.87 billion, translating into an adjusted operating margin of 34.1%, a slight increase from analyst expectations.
Salesforce also lifted its full-year revenue guidance to $46.25 billion at the midpoint from a prior level of $46.05 billion, while raising full-year adjusted EPS guidance to $16.69 at the midpoint, representing an 18.5% increase versus earlier projections.