Core Insights - Salesforce, Inc. (NYSE:CRM) reported fiscal Q3 2026 results, with a stock surge of over 5% post-release and a bullish outlook from Wall Street [1] Financial Performance - Quarterly revenue increased by 8.63% year-over-year to $10.26 billion, although it fell short of expectations by $12.94 million [2] - Earnings per share (EPS) of $3.25 exceeded consensus estimates by $0.39, with management citing strong overall performance [2] - Agentforce and Data 360 annual recurring revenue (ARR) grew 114% year-over-year, reaching $1.4 billion [2] Guidance and Outlook - Management raised full-year guidance, reflecting an 11% year-over-year increase in current remaining performance obligation to $29.4 billion [3] - Full-year revenue is now expected to be in the range of $41.45 billion to $41.55 billion, up from previous guidance of $41.1 billion to $41.3 billion [3] - EPS guidance has also been increased to $7.22 to $7.24 from $6.99 to $7.03 [3] Analyst Ratings - Terry Tillman from Truist Financial reiterated a Buy rating on the stock without disclosing price targets [4] - Richard Baldry from Roth MKM also maintained a Buy rating and raised the price target from $315 to $395 [4] - Salesforce provides customer relationship management (CRM) technology that integrates AI to enhance sales, service, marketing, and commerce [4]
Salesforce (CRM) Reports Q3 2026 Results, Wall Street Bullish