Salesforce AI ARR Hits $3.9B, Agentforce Tops $1.5B as Analysts Lift Targets to $300
CRM sits 72% above its 52-week low of $146.32 on elevated volume (3.6× avg).
Summary
Salesforce's AI-related annual recurring revenue reached $3.9B, up 210% year-over-year, while Agentforce ARR surpassed $1.5B, up 240%. These figures add granularity to the Q2 FY27 results reported on August 26, which already showed 11% revenue growth and a 103% EPS jump. Analysts responded by raising price targets to $300, reflecting confidence in the company's AI momentum and four-year-high net new annual order growth. The stock has been under pressure this year, down 43% at one point, so this AI traction is a key factor in the turnaround narrative. Watch for continued Agentforce adoption and any updates on the pending AI acquisitions totaling $5.1B.
At the time of this announcement, CRM was trading at $251.65 on NYSE in the Technology sector, with a market capitalization of approximately $206.4B. 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 7 out of 10. Source: Wiseek News.