San Francisco‑based Salesforce raised its fiscal 2027 revenue forecast on Wednesday, reflecting growing confidence that its AI‑powered autonomous agents will accelerate enterprise sales and service operations. The company’s shares jumped about 7% in after‑hours trading following the announcement.
Revenue and earnings outlook
In its updated guidance, Salesforce now expects total revenue between $46.1 billion and $46.4 billion, up from the prior range of $45.9 billion to $46.2 billion. Adjusted earnings per share are projected at $16.67‑$16.71, a notable increase from the earlier $14.06‑$14.12 estimate.
AI‑driven growth engine
Chief Executive Marc Benioff said the company is seeing “incredible demand for our AI and data products,” noting that annual recurring revenue from those offerings is poised to exceed $4 billion. Salesforce’s AI suite includes autonomous agents that can handle routine tasks across sales, service and marketing, allowing businesses to streamline workflows and focus on higher‑value activities.
The firm believes this AI momentum will be a major growth driver for the coming years, positioning Salesforce as a leading provider of enterprise‑grade artificial intelligence solutions.
Market reaction
Investors responded positively, with the stock climbing 7% in extended trading. Analysts highlighted the raised guidance as a sign that Salesforce’s AI strategy is gaining traction among large‑scale customers, many of whom are seeking to modernize their sales pipelines and improve customer experiences.
Looking ahead
Salesforce plans to continue expanding its AI portfolio, integrating autonomous agents more deeply into its core Customer 360 platform. The company expects further adoption across a broad range of industries, from financial services to manufacturing, as firms prioritize digital transformation and data‑driven decision making.
While the outlook remains subject to broader economic conditions, Salesforce’s revised forecast underscores the growing importance of AI in the enterprise software market and suggests a robust growth trajectory for the tech giant.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
