In this article

CRM

Follow your favorite stocks CREATE FREE ACCOUNT

Salesforce shares rose as much as 5% in extended trading on Wednesday after the software vendor issued new financial targets for the next few years.

The company said it now expects revenue of over $60 billion in 2030, above the $58.37 billion consensus among analysts polled by LSEG.

The guidance excludes impact from the pending acquisition of data management company Informatica. The $8 billion deal , announced in May, is slated to close in the fiscal fourth quarter or in the first quarter of the 2027 fiscal year.

"We have had some lower-stage growth for a while," Robin Washington, Salesforce's chief operating and financial officer, said during an investor briefing at the company's annual Dreamforce confer

See Full Page