$3.4B ARR for Salesforce's Agentforce/Data 360, Slack Model Context Hits 1M Users; Shares Up 8.6%
CRM is trading near its 52-week low of $163.52 (7.2% above the low).
Summary
Salesforce reported strong Q1 FY27 results, with Agentforce/Data 360 Annual Recurring Revenue (ARR) nearing $3.4 billion, a more than 200% year-over-year increase. The Slack Model Context also reached 1 million users in just six weeks. This follows yesterday's earnings report and raised full-year revenue guidance. The market reacted positively, with shares rising 8.6% ahead of the official earnings release. These specific growth metrics highlight strong performance in key product areas and significant adoption of new AI features.
At the time of this announcement, CRM was trading at $175.33 on NYSE in the Technology sector, with a market capitalization of approximately $145.2B. The 52-week trading range was $163.52 to $278.81. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.