Salesforce Stock Surges After Revenue Beat and AI Product Momentum

The company's new AI platform, Agentforce, drives investor optimism despite limited immediate financial impact.

Salesforce reported Q3 revenue of $9.44 billion, surpassing Wall Street's $9.34 billion estimate, with 8% year-over-year growth.
The company's AI platform, Agentforce, launched in late October, closed over 200 deals and is seen as a key driver of future growth.
Salesforce slightly raised its fiscal 2025 revenue guidance to $37.8-$38 billion, ahead of prior forecasts, while projecting Q4 revenue of $9.9-$10.1 billion.
Analysts remain bullish on Salesforce, with over 20 firms raising price targets, citing the potential of Agentforce to reshape enterprise workflows.
Despite strong demand for Agentforce, its financial contribution is expected to grow gradually, as Salesforce hires 1,000+ sales staff to accelerate adoption.