Salesforce Adds Anthropic Partnership to Blowout Q2 Results
CRM sits 38% above its 52-week low of $146.32.
Summary
Salesforce reported strong Q2 FY27 results with revenue of $11.3B (up 11% Y/Y) and non-GAAP EPS of $5.90 (up 103%), and raised full-year guidance. The company also announced a new partnership with Anthropic, adding an AI angle to the earnings beat. This follows the earlier BusinessWire report on the earnings, but the Anthropic partnership is a new material detail. The stock rose 13% on the earnings news, and the partnership could further boost sentiment around Salesforce's AI strategy.
Updates
· Benzinga — Agentforce usage increased sixfold, and nine of the ten largest AI companies now use Salesforce and Slack, with combined spending up 435% year-over-year.
At the time of this announcement, CRM was trading at $201.88 on NYSE in the Technology sector, with a market capitalization of approximately $168.5B. The 52-week trading range was $146.32 to $269.11. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Binance News.