Salesforce Stock Soars on Strong Earnings, Deepened AI Partnership

Salesforce Inc.'s (NYSE:CRM) stock price surged 24% this week, marking its strongest weekly gain since August 2020. The software giant topped the S&P 500's top-performing leaderboard for the week.

The rally followed a strong second-quarter print on Wednesday, with adjusted EPS of $5.90 crushing the $3.27 consensus by 80%. Revenue grew 11% year-over-year to $11.35 billion.

Management lifted fiscal-year 2027 adjusted EPS guidance to $16.67-$16.71, exceeding the $14.16 Street estimate. Salesforce also unveiled a deepened partnership with Anthropic, making Claude the default AI model across Slack and core products.