Overview
- Salesforce reported 13% year‑over‑year revenue growth to $11.1 billion and a 130 basis‑point expansion in GAAP operating margin in mid‑June, with Informatica cited as a material contributor to the topline.
- Executives signaled they expect growth to accelerate in the second half of the year as customers adopt Agentforce and as Headless 360 makes Salesforce data and AI agents available through external AI interfaces.
- The company continues large share repurchases that have boosted EPS but left analysts and investors questioning organic demand because reported backlog and remaining performance obligations appeared lighter.
- Salesforce announced a $2 billion investment in France through 2030 and an AI Innovation Hub in Paris as part of a broader push to expand European AI talent and enterprise customers.
- Analysts are split between bullish price targets in the $242–$280 range and broader market skepticism about AI monetization, leaving the stock under pressure despite the quarter's revenue and margin gains.