Salesforce Targets $60B Revenue By 2030 On AI Growth

Benzinga

Salesforce projected 2030 revenue above $60B, beating forecasts as it expands AI across its cloud platforms. The company announced a $7B buyback and showcased Agentforce, its new AI agent tool, at Dreamforce. Shares rose 4% after hours.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02Salesforce projected 2030 revenue above $60 billion,

00:06passing Wall Street's $58.37 billion estimate

00:09as it accelerates AI integration across its cloud platforms,

00:12according to Reuters.

00:13The forecast excludes its pending $8 billion Informatica acquisition,

00:17aimed at enhancing data management and AI capabilities.

00:20At Dreamforce, Salesforce highlighted AgentForce,

00:23its AI agent platform,

00:24which automates tasks to improve efficiency and margins.

00:27The company also announced a $7 million share buyback plan

00:30over the next six months.

00:31Shares rose nearly 4% in after-hours trading

00:34and remain down 29% year-to-date.

00:36For all things money, visit Benzinga.com.

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