CRM is trading about 10% up now at $193.84 following a strong fiscal Q1 report and an upward revision to its long-term outlook.

  • Salesforce beat analyst estimates for both revenue and EPS while raising its full-year FY27 guidance.
  • Management highlighted significant growth in AI Agentforce ARR and cRPO, bolstering confidence in the company's AI-driven growth strategy.
  • The upbeat long-term guidance is successfully offsetting investor concerns regarding a cautious near-term revenue outlook.