Salesforce on Wednesday boosted its fiscal 2027 revenue forecast and raised its annual adjusted earnings per share outlook, signaling confidence that demand for its newly introduced AI-powered autonomous agents is translating into stronger sales.
The San Francisco-based cloud software firm now anticipates fiscal 2027 revenue in a range of $46.1 billion to $46.4 billion, up from its prior guidance of $45.9 billion to $46.2 billion. At the same time, the company increased its projected adjusted EPS to a range of $16.67 to $16.71, versus the earlier target of $14.06 to $14.12.
Management linked the revised targets to growing adoption of AI-enabled tools and autonomous agents designed to automate sales, service and marketing workflows - capabilities the company describes as a major future growth driver. CEO Marc Benioff summarized the momentum by saying, "We’re seeing incredible demand for our AI and data products, with annual recurring revenue about to cross $4 billion."
The market reacted to the update, with Salesforce shares rising 7% in extended trading. The company framed the move higher in guidance as evidence that its AI and data offerings are gaining traction across enterprise customers.
Analysts and investors will be watching whether the upgraded guidance is sustained through subsequent reporting periods and how effectively autonomous agents translate into recurring contract value. For now, the company’s updated outlook and CEO commentary underline a strategic emphasis on AI and data as key drivers of near-term revenue growth.
Context and implications
By raising both revenue and adjusted EPS guidance, Salesforce is signaling a firmer near-term outlook linked explicitly to enterprise uptake of AI and automation capabilities. The company noted its annual recurring revenue is poised to top $4 billion, a metric it presented as a validation point for product demand.
Investors reacted positively in after-hours trading, reflecting market support for the guidance increase and the company’s framing of AI and data products as revenue catalysts.
Data points reported
- New fiscal 2027 revenue guidance: $46.1 billion to $46.4 billion.
- Prior fiscal 2027 revenue guidance: $45.9 billion to $46.2 billion.
- New annual adjusted EPS guidance: $16.67 to $16.71.
- Prior adjusted EPS guidance: $14.06 to $14.12.
- CEO Marc Benioff quote on AI and data demand and annual recurring revenue nearing $4 billion.
- Shares rose 7% in extended trading following the announcement.