Salesforce Surges 22% After Earnings Beat and Guidance Raise Mark Second-Best Day in Company History

Salesforce shares jumped roughly 22% on August 27, the company's second-best single-day gain in its 22-year history as a public company, after it reported second-quarter fiscal 2027 revenue of $11.35 billion, up 11% year over year and in line with the high end of its own guidance range. The company also raised its full-year fiscal 2027 revenue outlook by $200 million, to a range of $46.1 billion to $46.4 billion, up from the $45.9 billion to $46.2 billion range it had set in May. Third-quarter revenue guidance of $11.42 billion to $11.50 billion came in ahead of the $11.41 billion analysts had expected.

Salesforce also unveiled a plugin integrating Anthropic's Claude AI model with its customer data platform, a product dubbed Claudeforce. The stock's surge was large enough to leapfrog several Dow Jones Industrial Average components on a year-to-date basis, with Salesforce now down only about 6% for the year, ahead of names including Walmart.