Salesforce Q2 FY2027 Results
Salesforce Inc (NYSE:CRM) posted second‑quarter earnings of $5.90 per share, surpassing the Wall Street consensus estimate of $3.27 by $2.63. Revenue climbed 11% year‑over‑year to $11.3 billion. The AI‑driven Agentforce and Data 360 platforms generated annual recurring revenue of nearly $3.9 billion, reflecting a 210% increase, and pushed current remaining performance obligations (RPO) up 14% to $33.5 billion. The company announced a full‑year fiscal 2027 revenue outlook of $46.1‑$46.4 billion and raised its adjusted EPS guidance to a range of $16.67‑$16.71. A $25 billion share‑buyback program was also highlighted.
Market Reaction
Following the earnings release, Salesforce shares rose 12.8% in post‑market trading, extending the day's gain to approximately 41.5% at the time of writing. Earlier in the article the stock was noted as up +13% post‑market and overall up about +42% since the start of the trading day. Since being first selected by InvestingPro’s AI model in July, the stock had already appreciated nearly 25.97%.
InvestingPro AI Model Highlights
InvestingPro’s monthly ProPicks AI, which evaluates over 60,000 global equities using more than 150 fundamental inputs and 150 quantitative models spanning 15 years of data, flagged Salesforce as a high‑conviction pick. The model assigned a fair‑value price of $310.78, indicating a 34.2% upside, while broader analyst fair‑value estimates average $245 per share, suggesting roughly 55% upside. The AI also noted Salesforce’s deep‑value disconnect, trading at just 57% of its 52‑week peak. Additional catalysts cited include a $5 billion stake in Anthropic and the ongoing $25 billion share‑buyback.
The platform reported that its AI‑driven selections have delivered a cumulative return of +193.73% since the model’s launch in November 2023, outperforming the S&P 500 by +112.53%. Other highlighted winners for August included Mativ Holdings (+41.24%), Ramaco Resources (+38.5%), Marvell (+30.68%), Haemonetics (+95.47% since pick), Delek US Energy (+88.17% since pick), Consensus Cloud Solutions (+79.73% since pick), Everforth (+79.1% since pick), Nucor (+58.78% since pick) and Molina Healthcare (+49.04% since pick). InvestingPro’s Fair‑Value data aggregates 17 institutional‑grade valuation models, and the service is being promoted with a summer‑sale subscription discount of up to 55%.
Additional Model Details
Each month the AI system selects up to 20 high‑conviction stocks per strategy, applies equal weighting across the chosen equities, and rebalances the portfolio by adding new opportunities, retaining strong performers, and removing stocks that no longer meet criteria. The service offers members access to the full list of August AI‑powered picks and their rationales via the InvestingPro platform.