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Braze reported fiscal second-quarter revenue of $227 million, up 26% year over year, and said non-GAAP operating margin improved by more than 600 basis points. It raised third-quarter and full-year revenue guidance.
Salesforce shares are trending after TD Cowen reiterated a Buy rating and raised its price target to $300 from $280, following strong quarterly results and expanding enterprise AI adoption.
Snowflake shares are up 5.08% at $331.39 after Salesforce reported stronger-than-expected second-quarter results and raised full-year guidance.
ServiceNow shares traded higher after Salesforce posted a second-quarter earnings beat, raised full-year fiscal 2027 revenue guidance by $200 million and cited rapid AI adoption.
Salesforce shares are trading higher after Q2 results beat expectations and the company issued Q3 guidance above estimates. It also raised FY27 guidance.