Salesforce Inc (NYSE:CRM) is poised for a rebound, according to Goldman Sachs, following a strong annual analyst day. The software giant outlined a robust strategy to exceed $60 billion in revenue by 2030, enhancing operating margins from 34% to 40%. Following this announcement, shares surged 4%, prompting Goldman to reaffirm its “buy” rating with a $385 target.
Central to Salesforce’s growth is its innovative “agentic AI,” designed to autonomously execute business tasks. The company reported $440 million in annual recurring revenue from these AI products in Q2 of fiscal 2026, marking a 400% year-over-year increase. Broader AI revenues, including its Data 360 platform, surpassed $1.2 billion, growing at over 120%.
Goldman’s analysis highlights the launch of Agentforce 360, enhancing AI reliability and compliance, particularly for regulated industries. Despite current market challenges, Salesforce’s scaling and automation initiatives suggest long-term growth potential for investors.
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