Salesforce Reports Strong Q3 Results Amidst Stock Challenges
Salesforce (NYSE: CRM) recently reported its Q3 FY26 results, showcasing strong fundamentals despite its stock trading near three-year lows. The company achieved a revenue of $10.26 billion, aligning with expectations, and exceeded non-GAAP earnings per share (EPS) estimates by 13.6%, reporting $3.25 against a consensus of $2.86.
Why It Matters
Despite the positive earnings report, Salesforce shares slipped 3% in extended trading, as the fiscal 2027 revenue outlook fell short of Wall Street projections. The company raised its full-year revenue guidance to between $41.45 billion and $41.55 billion, reflecting confidence in future growth. Additionally, Salesforce’s Agentforce annual recurring revenue (ARR) surged to $540 million, marking a 330% increase year-over-year.
What’s Next for Salesforce?
Looking ahead, Salesforce is set to report its Q4 FY26 results, with analysts estimating adjusted EPS of $3.05 and revenue of $11.19 billion. The current remaining performance obligation stands at $35.1 billion, indicating a robust pipeline of future revenue. Investors are advised to monitor AI demand trends, particularly regarding Agentforce, as the company navigates a challenging stock market environment.
As Salesforce continues to adapt to market conditions, the performance of crm stock will be closely watched in the coming weeks.
