Stocks
Salesforce Stock Rises on Earnings Beat and AI Growth
Salesforce stock rose by 0.22 percent to close at $258.11 on September 1, 2026. The company's Q2 fiscal 2026 revenue was a notable 11 percent year-over-year increase at $11.35 billion.
The earnings beat consensus expectations for adjusted EPS of $5.90 versus the predicted $3.27 per share. This led to an upward revision in full-year fiscal 2026 revenue guidance by $200 million, now projected between $41.1 and $41.3 billion.
Agentforce's annual recurring revenue has surpassed $1.5 billion, representing a staggering 240 percent growth over the previous year. Combined AI and data annual recurring revenue approached $3.9 billion after increasing more than 210 percent.