Salesforce Shares Rise Sharply After Strong Q2 Results
On August 27, 2026, Salesforce (NYSE:CRM) shares surged by 22.58%, marking their strongest one-day gain since 2020 after the company released better-than-expected quarterly results. The stock closed at $252.05, nearing its January high of $267.83. For Q2 fiscal year 2027, Salesforce reported revenue of $11.345 billion, a nearly 11% increase from the previous year. Adjusted earnings per share were at $5.90, surpassing analyst expectations. The company also raised its annual guidance and projected next-quarter revenue to reach $11.5 billion. Salesforce's AI platform Agentforce saw tripled revenue during the quarter, drawing investor interest in how generative AI is reshaping software business models. Other tech firms like CrowdStrike (NASDAQ:CRWD) and Okta (NASDAQ:OKTA) also experienced significant stock gains following their own quarterly reports.
Topics: ai_products salesforce software_industry stock_price_movement