Salesforce shares surged after Q2 adjusted EPS far beat
Salesforce Inc. rallied 24% in the week, its strongest since August 2020, after posting Q2 adjusted EPS of $5.90 versus $3.27 consensus and lifting fiscal-year 2027 adjusted EPS guidance to $16.67-$16.71.
Salesforce Inc. (NYSE: CRM ) rallied 24% this week, marking its strongest weekly gain since August 2020.
The software giant also topped the S&P 500’s top-performing leaderboard for the week.
The rally followed Wednesday’s blockbuster second-quarter print: adjusted EPS of $5.90 crushed the $3.27 consensus, an 80% beat. • Salesforce stock is gaining positive traction.
Why is CRM stock trading higher? Revenue of $11.35 billion grew 11% year-over-year.
Management lifted fiscal-year 2027 adjusted EPS guidance to $16.67-$16.71, well above the $14.16 Street estimate.
Salesforce unveiled “Claudeforce,” a deepened Anthropic partnership making Claude the default AI model across Slack and core Salesforce products.
The company also booked a $2.6 billion mark-to-market gain on its Anthropic stake.
Shares jumped 22.6% Thursday alone, as the print quieted concerns that AI agents would erode Salesforce’s seat-based licensing model.
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