Shares of Salesforce climbed more than 6% on Thursday after the company projected over $60 billion in annual revenue by 2030, easing investor worries about slowing growth and the impact of AI on its software business.
The forecast, revealed during its Dreamforce conference, excludes revenue from the upcoming $8 billion acquisition of Informatica, which will expand Salesforce’s AI and data management capabilities once completed next year.
The upbeat projection follows a rare revenue dip earlier this year that had weighed heavily on the stock, which had fallen more than 25% in 2025 before the announcement. Analysts said the new guidance and a $7 billion stock buyback plan demonstrate “renewed confidence in free cash flow and growth momentum.”
Salesforce is deepening its AI integration through partnerships with OpenAI and Anthropic, embedding their models into its Agentforce 360 platform, now globally available across its cloud suite. The company also plans to invest $15 billion in San Francisco to accelerate AI adoption and innovation.
J.P. Morgan analysts said the new outlook “helps shift sentiment toward sustained double-digit growth,” while Jefferies added that Salesforce’s margin expansion could soon match peers in the large-cap tech space.
