Salesforce (CRM) shares rose 5% in after-hours trading on Wednesday after the company announced an ambitious five-year growth plan, targeting $60 billion in revenue by 2030 — surpassing Wall Street’s consensus estimate of $58.4 billion.
Speaking at the Dreamforce conference in San Francisco, CFO Robin Washington said the company’s recent growth slowdown is showing signs of reversal. “We’ve had some lower-stage growth for a while — that is reaccelerating,” she told investors.
Salesforce is aiming for over 10% annual organic revenue growth from fiscal 2026 through 2030, signaling a return to double-digit expansion after the company’s growth rate dipped below that threshold in mid-2024.
The AI Ace: Agentforce
A key driver of Salesforce’s next growth phase is Agentforce, the company’s AI-powered automation platform designed to streamline customer service and business workflows.
Agentforce connects large language models (LLMs) to enterprise data, enabling organizations to deploy intelligent chat-based support agents capable of managing complex customer interactions. Early adopters include FedEx, Pandora, and Pepsi, and executives suggested that the platform could evolve into a multibillion-dollar product line as more companies adopt AI-driven automation.
From $38 Billion to $60 Billion
Salesforce generated $38 billion in revenue in its most recent fiscal year, meaning the company plans to expand by more than 50% in just five years — an ambitious goal given the current macroeconomic environment.
While growth dipped below 10% in 2024 amid weaker enterprise spending, Salesforce’s leadership remains confident that AI integration and a renewed focus on organic expansion will fuel a comeback.
Investors appear optimistic — the 5% after-hours jump followed a 29% year-to-date stock decline, reflecting growing confidence that Salesforce is reclaiming its position in the AI era after initially lagging behind other major tech players.
If the plan succeeds, Salesforce could emerge as a key enterprise AI powerhouse, blending its CRM dominance with next-generation automation and intelligence — signaling a new chapter in the company’s evolution.