The target tops analyst estimates of $59.2 billion as the firm expands AI tools and buybacks.
During an analyst and investor session at its Dreamforce conference on 16 September 2026, Salesforce issued a revenue target of over $63 billion for fiscal 2030. That projection topped Wall Street expectations, as analysts polled by LSEG were forecasting annual sales of $59.2 billion by that time.
The long-term outlook follows an earlier rally in the stock, which jumped almost 23% after the company reported quarterly results last month. That post-earnings surge marked its best trading performance since 2020. The prior quarter's profit was lifted by a $2.6 billion gain on strategic investments following an early bet on Anthropic.
Salesforce executives used the conference to showcase integrations with artificial intelligence. The company highlighted Claudeforce, which lets customers use Salesforce data inside Anthropic's Claude. Patrick Stokes, president of applications and marketing, said up to 1,000 clients have registered for the Claude beta version. The firm also presented Koa, an AI reasoning model built on technology from Nvidia. Alexa Vignone, president and chief revenue officer, noted that Slack, acquired for $27.1 billion in 2021, has become a central communication hub for AI agents.
Management also addressed capital returns following share price pressure earlier in the year. Robin Washington, chief operating and financial officer, stated that Salesforce has repurchased a cumulative $60 billion of its own shares. CEO Marc Benioff added that Salesforce spent hundreds of millions of dollars on Anthropic stock, which he expects will eventually be worth tens of billions and could be sold to repay debt from accelerated share repurchases.
Share prices can rise and fall. Past performance does not guarantee future results. This article is news, not investment advice.
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