NYSE:CRM

Salesforce Jumps 13% Premarket as AI Growth Accelerates and FY27 Outlook Rises

Salesforce (NYSE: CRM) shares are up about 13% in premarket trading after the software giant delivered record fiscal second-quarter results, with accelerating bookings, rapid AI growth and a higher full-year revenue outlook.

Revenue rose 11% year over year to $11.3 billion, while subscription and support revenue increased 12% to $10.8 billion. More importantly for investors, current remaining performance obligations (cRPO), a key indicator of future contracted revenue, climbed 14% to $33.5 billion.

Profitability was particularly strong. Non-GAAP operating margin reached 34.1%, while non-GAAP EPS more than doubled to $5.90. Free cash flow increased 81% to $1.1 billion.

AI growth emerges as a major catalyst

Salesforce's AI business is scaling rapidly. Agentforce and Data 360 ARR approached $3.9 billion, up more than 210% year over year, while Agentforce ARR surpassed $1.5 billion, growing more than 240%.

Management also said net new annual order value growth was the strongest in four years, supporting expectations for organic revenue growth to reaccelerate during the second half.

Salesforce raised FY27 revenue guidance to $46.1 billion-$46.4 billion, representing 11%-12% growth. The company also expects Q3 revenue of $11.42 billion-$11.50 billion and cRPO growth of approximately 14%.

The 13% premarket rally appears to reflect a combination of accelerating contracted revenue, exceptional Agentforce growth, expanding profitability and signs that Salesforce's AI investments are translating into meaningful commercial demand.
Salesforce Stock Rises 3.8% as Citi Raises Price Target to $204

Salesforce (NYSE: CRM) shares are up 3.8% after Citigroup raised its price target on the enterprise software company, providing a positive catalyst for the stock despite the firm maintaining a Neutral rating.

Citi analyst Tyler Radke increased the price target for Salesforce from $187 to $204. The new target is only modestly above the current stock price of about $198.25, suggesting Citi sees limited additional upside following the recent move.

Why Citi’s Higher Target Is Positive for Salesforce

The price-target increase from $187 to $204 represents a roughly 9% upward revision and indicates a more constructive assessment of Salesforce’s valuation or earnings prospects. However, Citi kept its Neutral recommendation, signaling that the analyst is not yet sufficiently bullish to recommend buying the shares at current levels.

Salesforce remains one of the dominant companies in enterprise customer relationship management software and has increasingly positioned artificial intelligence as a major component of its next phase of growth. Its Agentforce platform is designed to allow businesses to deploy autonomous AI agents across sales, customer service, marketing and other workflows.

That positioning gives Salesforce direct exposure to the growing enterprise AI software market. The company also benefits from its large installed customer base and extensive ecosystem, which provide opportunities to introduce AI functionality into existing Salesforce deployments.

Neutral Rating Keeps Expectations in Check

The relatively small gap between Citi's new $204 target and the approximately $198.25 share price helps explain why the firm maintained its Neutral rating. The target implies only about 3% upside from that level.

For investors, the combination of a higher target and unchanged Neutral rating sends a mixed but moderately positive message: Citi has become more constructive on Salesforce, but believes much of the company's near-term value may already be reflected in the stock.

Salesforce's ability to translate growing adoption of Agentforce and other AI products into stronger revenue growth will therefore remain an important factor in determining whether Wall Street becomes more bullish on CRM.
Salesforce (CRM) Stock Ticks Higher After U.S. Army Selects Agentforce for AI Deployment

Salesforce (NYSE: CRM) shares edged up about 0.3% on Wednesday after announcing that the U.S. Army Human Resources Command (HRC) will deploy its Agentforce AI platform to modernize HR services for approximately 9.2 million Soldiers, Veterans, civilian employees, and military families.

The deployment marks the first use of the newly authorized IL5 version of Agentforce within the Department of War, allowing AI agents to securely handle highly sensitive controlled unclassified information. The platform will provide 24/7 support by answering routine HR questions, summarizing case histories, and routing more complex requests to human specialists.

Salesforce expects the initiative to improve efficiency across Army HRC, with projected annual savings of about $6 million, support for more than 1,500 HR cases per day, and over 55 million AI-powered conversations per month once fully deployed.

While the contract's financial value was not disclosed, investors likely viewed the announcement as another sign of growing adoption of Salesforce's Agentforce platform. The deal also strengthens the company's position in the government sector and demonstrates that its AI technology is gaining traction in highly regulated environments, potentially opening the door to additional public-sector opportunities.
Salesforce (CRM) Stock Rises After Wave of Analyst Upgrades and New Coverage

Salesforce (NYSE: CRM) shares gained approximately 5.2% on Wednesday after receiving a series of positive analyst actions, including multiple upgrades, new coverage initiations, and bullish recommendations that reinforced confidence in the software company's AI-driven growth strategy.

The broad-based analyst support comes as Wall Street grows increasingly optimistic about Salesforce's ability to monetize artificial intelligence while maintaining strong profitability and cash flow.

# Multiple Firms Turn More Bullish

Guggenheim upgraded Salesforce from Neutral to Buy and assigned a $228 price target.

Citigroup also upgraded the stock from Market Outperform to Buy, reflecting increased confidence in the company's long-term growth outlook.

Jefferies upgraded Salesforce to Buy, while UBS initiated coverage with an Overweight rating and Wedbush launched coverage with an Outperform rating.

Susquehanna initiated coverage with a Neutral rating, while Wolfe Research was the lone cautious voice, downgrading the stock from Outperform to Peer Perform.

# AI Strategy Continues to Attract Investors

Analysts remain optimistic that Salesforce's expanding portfolio of AI-powered products, including its Agentforce platform, will drive higher customer spending and improve productivity across its enterprise software ecosystem.

The company also continues to benefit from disciplined cost management, improving margins, and resilient demand for its customer relationship management platform.

# Why CRM Stock Is Rising Today

Several analyst actions supported the stock:

* Guggenheim upgraded the stock to Buy with a $228 price target.
* Citigroup upgraded Salesforce to Buy.
* Jefferies upgraded the shares to Buy.
* UBS initiated coverage with an Overweight rating.
* Wedbush initiated coverage with an Outperform rating.
* Investors largely overlooked Wolfe Research's downgrade as positive analyst sentiment dominated.

The wave of favorable analyst actions reinforced Wall Street's confidence in Salesforce's long-term growth prospects, helping lift the stock more than 5% during Wednesday's session.
San Francisco, April 15, 2026 — Salesforce announced an expanded collaboration with Engine to enhance travel services using AI-powered tools, including Agentforce and Slack integration.

Engine has deployed an AI agent named “Eva” alongside Slackbot to automate customer service and streamline operations. The system now handles around 50% of customer chat cases without human intervention, reducing average handling time by 15% and cutting sales research time by 40%.

The integrated platform enables real-time access to travel data, faster booking management, and improved coordination of complex group travel arrangements. Developers were able to build and deploy the AI agent in just 12 days, highlighting the speed of implementation.

Salesforce said the collaboration demonstrates how combining AI agents with real-time data and collaboration tools can improve efficiency, customer experience, and scalability in high-demand industries like travel.
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Salesforce announced that the Veterans Health Administration has deployed a new AI-powered “agentic operating system” to improve healthcare delivery for millions of U.S. veterans.

The system, built on Salesforce technology and integrated with Slack, connects data, staff, and workflows across more than 150 medical centers, enabling automated issue detection, real-time collaboration, and faster decision-making.

The platform has already helped save thousands of staff hours by reducing administrative tasks and streamlining operations, allowing healthcare workers to focus more on direct patient care.

By leveraging AI to coordinate responses, surface insights, and preserve institutional knowledge, the initiative marks a shift from reactive reporting to proactive, data-driven healthcare management at scale.
Business Wire
Salesforce and the Veterans Health Administration have deployed an AI-powered “agentic operating system” aimed at improving care delivery and operational efficiency across more than 150 medical centers.

The system integrates real-time data, AI insights and collaboration tools through Slack, enabling healthcare teams to move from manual workflows to automated, coordinated responses. It allows staff to monitor patient metrics, identify issues and rapidly assemble experts to address problems.

The initiative is expected to save thousands of staff hours by reducing administrative tasks and streamlining communication, allowing more focus on direct patient care.

Serving up to 18 million veterans, the VHA aims to use the platform to enhance decision-making, improve care quality and expand future capabilities such as integrating telehealth services into the same AI-driven system.

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Salesforce announced the start of a $25 billion accelerated share repurchase (ASR), the largest transaction of its kind ever, signaling strong confidence in the company’s growth and cash-flow outlook.

The repurchase represents the immediate execution of half of the $50 billion share buyback program approved by Salesforce’s board in February 2026. As part of the ASR agreements, the company has prepaid for the transaction and received an initial delivery of about 103 million shares, representing roughly 80 percent of the shares expected to be repurchased based on the March 11 closing price.
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