Salesforce Bets on AI-Driven Enterprise Growth, Stock in Focus
Salesforce shares rallied this week as the company unveiled ambitious long-term targets at its Dreamforce conference. The CRM leader now aims for $60 billion in revenue by fiscal 2030, excluding its Informatica acquisition, implying a 10%+ organic growth rate. A new "50 by FY30" metric combines growth and margin targets.
The company's vision centers on the agentic enterprise—where AI agents automate workflows across sales, marketing, and data. Salesforce's unified platform gives it an edge in deploying functional AI tools, evidenced by surging demand for its data and AI solutions. This positions the firm to sustain double-digit revenue growth through 2030.