| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 47 | 20.6x | 18.0x | Around median | |
Growth | 71 | 10.8% | 7.1% | Top tier | |
Quality | 90 | 8.7% | 4.5% | Top tier | |
Safety | 65 | 2.7x | 2.6x | Around median | |
Capital Return | 42 | 0.68% | 2.11% | Around median | |
Momentum | 73 | -22.7% | 3.0% | Top tier | |
Sentiment | 60 | 31 | 3 | Around median |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Salesforce provides an enterprise software platform that connects customer relationship management with sales, customer service, marketing, commerce, and analytics, and expands this ecosystem through Slack, Data 360, and Agentforce. Most revenue comes from subscriptions and support; in Q2 fiscal 2027, subscription and support revenue totaled $10.82 billion out of total revenue of $11.35 billion, representing about 95% of the mix, with this revenue growing 12% year over year on a reported basis.
In Q2 fiscal 2027, revenue increased 11% year over year to $11.35 billion, and gross profit according to EDGAR data was approximately $8.7 billion, equivalent to a gross margin of about 77%. Net income was $3.5 billion and earnings per share were $4.29, while operating margin was 20.5% on a GAAP basis and 34.1% on an adjusted basis. For the trailing twelve months during fiscal 2027, revenue reached $46.4 billion, gross profit reached $36.0 billion, and net income reached $10.7 billion.
The analyst consensus is “Buy,” with an average price target of $267, a highest target of $325, and a lowest target of $200. The average is less than 1% from the top of the 52-week range of $269.11, while the wide target range reflects meaningful disagreement over the impact of Agentforce and Claudeforce and Anthropic gains. The estimated earnings multiple of approximately 21 to 24 times balances strong operating margins against the risks of slow cash flow growth and the dependence of part of Q2 fiscal 2027 earnings on unrealized investment gains.
Figures in the text are as of 2026-09-02; the live price is shown at the top of the page.
Revenue reached $11.35 billion, up 11% year over year, and exceeded the high end of the company's constant-currency guidance. Subscription and support revenue reached $10.82 billion, growing 12% on a reported basis, driven by momentum in Slack and Agentforce. Current remaining performance obligations also increased 14% in constant currency to $33.5 billion, and free cash flow reached $1.1 billion.
Agentforce annual recurring revenue reached $1.5 billion in Q2 fiscal 2027, and its bookings nearly doubled year over year. Salesforce added approximately 2,000 paying customers in production, an increase of 70% compared with the previous quarter, and 50% of bookings came from repurchases of consumed credits. Customer usage reached 3.2 billion work units during the quarter, up 97% quarter over quarter.
Salesforce and Anthropic announced Claudeforce on August 26, 2026, to connect Claude's capabilities with Salesforce data, applications, workflows, and agents. Management said general availability would be in September 2026 during Dreamforce and that purchasing the product requires upgrading to premium editions. These editions carry a premium of between 60% and 80%, while only 5% of sales and service users had upgraded to them, creating an expansion opportunity but leaving commercial execution incomplete.
Automated analysis for informational purposes only — not investment advice.
The company raised its revenue guidance range to between $46.1 billion and $46.4 billion, an increase of $300 million in constant currency from the previous guidance. $100 million of the increase resulted from organic momentum in Agentforce, Data 360, and Slack, while $200 million relates to an expected contribution from Contentful and Fin after both transactions close. The company expects an adjusted operating margin of approximately 34.3% and a GAAP operating margin of approximately 20.1%, with operating and free cash flow growth of between 4% and 5%.
EDGAR data recorded net income of $3.5 billion and earnings per share of $4.29, with gross profit of approximately $8.7 billion. Adjusted earnings per share were $5.90, but $2.53 of that resulted from investment gains, most of which were unrealized and related to the Anthropic stake. Therefore, operating performance was strong, but comparing adjusted profitability with recurring activity requires excluding the effect of the investment revaluation.
In Q2 fiscal 2027, the company was executing a $25 billion accelerated share repurchase program, through which it expects to repurchase at least 14% of outstanding shares. The average price of shares repurchased through August 26, 2026, was approximately $176 per share. In contrast, an August 17, 2026 report indicated that the company borrowed $25 billion to finance the repurchase while lowering cash flow guidance, making the program's impact dependent on continued cash generation and improved operating performance.
