Salesforce Targets Over $63 Billion 2030 Revenue as AI Push Rebounds From SaaSpocalypse Fears
Updated
Updated · CNBC · Sep 16
Salesforce Targets Over $63 Billion 2030 Revenue as AI Push Rebounds From SaaSpocalypse Fears
2 articles · Updated · CNBC · Sep 16
Summary
More than $63 billion in fiscal 2030 revenue is Salesforce’s new target, above the $59.2 billion analysts tracked by LSEG had expected.
Dreamforce became the venue for that reset as executives argued AI is expanding, not undermining, Salesforce’s business, highlighting Claudeforce, the new Koa reasoning model and deeper ties with Anthropic, Nvidia and OpenAI alumni.
Up to 1,000 customers have already joined the Claude beta, while Salesforce said Slack has recently become a hub for communicating with AI agents.
Last month’s earnings helped fuel the turnaround after a rocky year: profit got a $2.6 billion lift from strategic investments tied to Anthropic, and the stock has risen nearly 23% since then.
$60 billion in cumulative buybacks and shares back above $250 underscore management’s confidence as Benioff said Anthropic holdings bought for hundreds of millions could eventually be worth tens of billions.
Will Salesforce's risky pivot to consumption-based pricing truly save it from the looming SaaSpocalypse threatening traditional software?
With Claude operating directly inside enterprise workflows, is Salesforce's strict trust boundary enough to prevent a catastrophic corporate data leak?