Salesforce Raises Fiscal 2026 Revenue Forecast Amid AI Push

Bengaluru, India — Salesforce announced on Wednesday that it has raised its revenue and adjusted profit forecast for fiscal 2026, thanks to strong cloud spending and the monetization of its artificial intelligence agents. The company’s shares increased approximately 3% in extended trading following the announcement.

Salesforce reported that investment in cloud technology by major enterprises has remained robust, despite global macroeconomic uncertainties. Companies are heavily investing in artificial intelligence to modernize their digital structures.

This uptick in cloud spending is beneficial for Salesforce as it ramps up its Agentforce platform, which is designed for AI agents. The company is banking on the rise of agentic technology to enhance the adoption of its software products.

To further strengthen its market presence, Salesforce has been investing significantly in expanding Agentforce and entering new markets with a high demand for automation and cloud services. Recently, it acquired the data management platform, Informatica, aiming to improve its data processing and deployment capabilities.

Concerns have arisen regarding Salesforce’s ability to achieve double-digit growth without depending on acquisitions, as it ventures back into significant mergers and acquisitions after several years away.

The updated fiscal 2026 revenue forecast is projected to be between $41 billion and $41.3 billion, surpassing the previous range of $40.5 billion to $40.9 billion. Additionally, the adjusted earnings per share expectation has been raised to between $11.27 and $11.33, compared to the earlier forecast of $11.09 to $11.17.

Salesforce also reported first-quarter revenue of $9.83 billion, outperforming estimates of $9.75 billion, according to data from LSEG.