Salesforce Soars 20% on Q2 Beat, Raised Guidance, and Anthropic's Claudeforce
CRM sits 71% above its 52-week low of $146.32 on elevated volume (2.7× avg).
Summary
Salesforce stock jumped 20% after Q2 results beat expectations and the company raised full-year guidance. Revenue hit $11.35B vs $11.32B expected, and adjusted EPS of $5.90 crushed the $3.27 consensus, boosted by a $2.6B gain on its Anthropic stake. Management lifted FY27 revenue guidance to $46.1B-$46.4B and adjusted EPS to $16.67-$16.71, citing strength in Agentforce, Data 360, and Slack. The rally accelerated on news of an expanded Anthropic partnership called Claudeforce, which integrates Salesforce data into Claude with 37 pre-built skills. This follows yesterday's Q2 earnings release and reverses the 'SaaSpocalypse' narrative that had pressured the stock. Watch for the wider Claudeforce preview expected next month.
At the time of this announcement, CRM was trading at $250.44 on NYSE in the Technology sector, with a market capitalization of approximately $205.1B. 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: Benzinga.