Salesforce Unveils $63 Billion Revenue Goal, Boosts Price Target

Salesforce, Inc., parent company of CRM shares, has unveiled ambitious revenue goals for fiscal 2030 during its Dreamforce conference. The projection exceeds $63 billion, surpassing consensus forecasts from Wall Street analysts.

According to FactSet data, this represents a significant increase over current expectations, which stood at $60.66 billion. CEO Marc Benioff expressed confidence in the company's strategic direction, stating 'Our relevance has never been higher.'

Stifel upgraded its price target for CRM shares from $275 to $300 while maintaining a Buy recommendation, citing compelling growth trajectory metrics. The investment firm highlighted six distinct AI revenue generation strategies, including Agentforce and Data 360 offerings.