Key Takeaways
- Salesforce shares advanced 3.22% to $182.22, benefiting from positive momentum across the software sector after robust results from Atlassian, Twilio, and Five9.
- A restructured revenue reporting framework for FY2027 was introduced, separating results into “Agentforce Apps” and “Data 360, Platform & Other” segments.
- Barclays elevated Salesforce to top pick status, highlighting AI’s potential to boost enterprise software spending.
- An enhanced collaboration with Google Cloud now enables AI agents to operate seamlessly across both ecosystems.
- The company’s next quarterly report is scheduled for May 27, 2026, with analysts projecting EPS of $2.96.
Shares of Salesforce rallied 3.22% during Thursday’s trading session, reaching $182.22, as a surge of encouraging earnings reports from industry peers reignited investor appetite for software stocks.
Strong quarterly performances from Atlassian, Twilio, and Five9 sparked renewed confidence across the sector, with Salesforce benefiting from the rising tide.
But the stock’s upward move wasn’t solely driven by external factors. Salesforce revealed a strategic shift in how it will communicate financial performance — a change that signaled clearer AI prioritization to the investment community.
Beginning in fiscal year 2027, revenue disclosures will be divided into two distinct categories: “Agentforce Apps,” encompassing Sales Cloud, Slack, MuleSoft, and Tableau, and “Data 360, Platform & Other,” which represents the underlying data infrastructure and platform services.
This reorganization is intentional. Salesforce is effectively signaling to Wall Street: this is what the AI-driven business model looks like in isolation.
The restated FY2026 figures offer helpful perspective. Agentforce Apps generated approximately $26.7 billion, reflecting 7% growth. Meanwhile, the platform and data segment expanded at a faster clip, rising 15% to around $12.7 billion. Combined subscription and support revenue totaled $39.4 billion, marking a 10% increase.
To facilitate the adjustment, Salesforce plans to publish results using both the legacy and updated formats throughout FY2027 before transitioning entirely to the new framework in FY2028.
Analyst Support Strengthens
On the research front, Barclays included Salesforce among its preferred infrastructure software names positioned to capitalize on artificial intelligence trends. The firm believes AI will drive incremental enterprise software budgets, rather than cannibalizing existing spend — a favorable outlook for CRM investors.
Truist Securities also reaffirmed its Buy recommendation following the company’s TDX developer event. Overall analyst sentiment on CRM remains solidly positive at “Moderate Buy,” though the current price remains significantly below the GuruFocus GF Value target of $306.54.
The stock had recently touched a 52-week low of $163.52, making Thursday’s uptick a notable rebound from that trough.
Deeper Google Cloud Integration
Salesforce and Google Cloud unveiled an extended partnership enabling AI-powered agents to run integrated processes across both technology environments. This development strengthens the business case for Agentforce and reinforces Salesforce’s ambition to serve as the foundational layer for enterprise artificial intelligence.
Broader market conditions also provided support. The S&P 500 rose 0.67%, the Nasdaq climbed 1.12%, and the Dow edged up 0.14% during the session — creating a favorable backdrop for technology equities.
Salesforce is slated to release its next earnings report on May 27, 2026. Wall Street analysts currently expect earnings per share of $2.96.
