Salesforce forecasts $60 billion in revenue by 2030, shares jump

STORY: Shares of Salesforce jumped as much as eight-and-a-half percent Thursday morning, after the company projected faster revenue growth through the end of the decade—easing investor concerns that AI tools were undercutting demand for its software.The company, led by CEO Marc Benioff, had posted its first revenue decline in nearly three years earlier this year, sparking fears that businesses were shifting budgets away from traditional customer management tools.That slump had pulled Salesforce's stock down more than 25% in 2025.But at its Dreamforce event this week, Salesforce unveiled a bullish forecast: more than $60 billion in revenue by 2030. That figure excludes its planned $8 billion acquisition of software company Informatica, a deal expected to close in the first half of next year.The move is aimed at strengthening Salesforce’s AI capabilities by integrating Informatica’s data management tools into its cloud services.Earlier this week, Salesforce expanded partnerships with OpenAI and Anthropic, embedding their advanced AI models into its Agentforce 360 platform.The company also pledged a $15 billion investment in San Francisco over five years to accelerate AI adoption.

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