Salesforce Stock Steady Ahead of August Earnings Report

Salesforce's stock is steady ahead of its August 26 earnings report. The company reported $11.13 billion in revenue and $3.88 in adjusted EPS for fiscal Q1 2027, marking a 13.3% year-over-year increase in revenue.

The consensus data suggests a moderate buy view with an average target of $249.49. However, the stock still trades below this level at around $206.09 as of August 19, 2026, putting its market cap at roughly $168.71 billion.

The key to Salesforce's success lies in the performance of Agentforce and Data 360, which have been feeding the top line with combined AI ARR reaching $3.4 billion and Agentforce ARR passing $1 billion in the latest quarter.