Overview

• 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.