Salesforce's AI Traction Ignites Bullish Sentiment
Salesforce's Agentforce ARR surged 240% to $1.5 billion in Q2, combining with Data 360 ARR nearing $4 billion.
Shares trade at a price of $249.12, roughly 27x trailing earnings, and a 7.02% free cash flow yield.
The company has spent the past year retooling itself around agentic AI, reaching fiscal 2026 revenue of $41.53 billion and guiding fiscal 2027 to $46.10-$46.40 billion with a stated $63 billion FY30 target.