Salesforce AI Growth Defies Stock Performance as Revenue Targets Rise
Salesforce's AI-driven platforms are delivering explosive growth despite a 25% stock decline this year. Agentforce AI surged to $800M in annual recurring revenue—an 82% leap in six months—while combined ARR for its AI and data products hit $2.9B with 200% growth.
The company upgraded its FY2030 revenue target to $63B after posting $41.5B in FY26 sales, with remaining performance obligations signaling a robust $72B pipeline. A $50B buyback expansion underscores confidence in the AI monetization trajectory.