Salesforce shares surged 22% after its Q2 earnings, with Agentforce and Data 360's combined ARR reaching $3.9 billion, but analysts question the sustainability of its AI growth.
Salesforce's stock surged 22% after its latest earnings report, with Agentforce and Data 360 achieving a combined Annual Recurring Revenue (ARR) of $3.9 billion, a 210% year-over-year increase. The company also raised its FY27 revenue guidance to $46.1 billion-$46.4 billion. However, analysts expressed doubts about the sustainability of its consumption-based AI growth model, noting that operating profit remained flat year-over-year excluding strategic investment gains, and that a recovery in Marketing Cloud was still "too early to call."
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