Salesforce Announces $63 Billion Revenue Target for Fiscal 2030 at Dreamforce
At its annual Dreamforce conference, Salesforce announced a revenue target of more than $63 billion for fiscal year 2030. This forecast exceeds analyst expectations and includes the impact from the acquisition of Informatica in November 2024. The company also highlighted new AI partnerships and product developments, including Claudeforce with Anthropic PBC and Koa built on Nvidia technology. Salesforce has been addressing concerns that advanced AI tools might reduce demand for its software but remains confident in its strategy amid a broader industry shift toward AI integration. Recent financial performance showed strong results, driven by a $2.6 billion gain from strategic investments including Anthropic PBC. The company also reported significant share buybacks totaling $60 billion and plans to leverage the value of its Anthropic stake for future repurchases.
Topics: ai partnerships dreamforce revenue target salesforce