Salesforce Stock Surges on Strong Q2 Earnings and Raised Guidance
Salesforce stock has extended its post-earnings rally to around $256 per share after releasing fiscal second-quarter 2027 results on August 26, 2026. The company reported an 11% revenue growth to $11.35 billion and a significant jump in adjusted earnings per share to $5.90.
Recently, Salesforce raised its full-year fiscal 2027 revenue guidance to a range of $46.1 billion to $46.4 billion, indicating confidence in continued demand for its AI-enabled cloud software portfolio.
The company's recent performance has been driven by the growth of its AI-focused offerings, particularly Agentforce and Data 360. These products have seen significant year-over-year growth, with Agentforce annual recurring revenue reaching $1.5 billion in fiscal Q2 2027 and Data 360 ARR scaling to $2.4 billion.
The integration of Claudeforce, a plug-in that embeds AI assistant Claude from Anthropic directly into the Salesforce platform, is also expected to enhance the company's product differentiation and further drive growth.