Salesforce stock surged over 6% in premarket trading on Thursday after the company projected stronger revenue growth in the coming years. The upbeat outlook helped ease investor worries that demand for its software was slowing due to the rapid rise of AI tools.
Earlier this year, the Marc Benioff–led tech giant had reported its first revenue drop in nearly three years. That decline fueled concerns that businesses shifting budgets toward artificial intelligence were pulling back from Salesforce’s long-dominant customer relationship management (CRM) software. As a result, Salesforce shares had fallen more than 25% in 2025.
However, those concerns were softened by Salesforce’s new long-term forecast of over $60 billion in annual revenue by 2030, exceeding market expectations.
The forecast, revealed during the company’s Dreamforce 2025 event, does not yet include the impact of Salesforce’s planned $8 billion acquisition of Informatica, a leading data management software provider. This strategic deal, expected to close in the first half of next year, aims to enhance Salesforce’s AI capabilities by integrating Informatica’s advanced data tools into its cloud ecosystem.
In addition, Salesforce announced a $7 billion share buyback program set to unfold over the next six months — a move analysts at J.P. Morgan interpret as a strong signal of confidence in the company’s free cash flow strength and accelerating revenue pipeline.
According to J.P. Morgan, this new guidance “should help reshape the narrative around Salesforce’s growth story,” shifting it toward the potential for sustainable double-digit expansion and reducing investor skepticism.
Earlier this week, Salesforce also expanded its partnerships with OpenAI and Anthropic, embedding their cutting-edge AI models into the Agentforce 360 platform, now rolled out globally across all Salesforce cloud services.
Furthermore, the company committed to invest $15 billion in San Francisco over the next five years to drive AI adoption and innovation within its ecosystem.
Analysts at Jefferies noted that Salesforce’s “healthy pace of margin expansion” could allow it to match other large-cap tech peers by the end of the decade, strengthening its long-term growth outlook.
