Salesforce Inc. (CRM) reported that its Agentforce platform reached approximately $800 million in annual recurring revenues (ARR) at the end of Q4 fiscal 2026, marking a 169% year-over-year growth. The platform surpassed 29,000 deals, increasing nearly 50% sequentially, indicating robust enterprise interest in AI-driven solutions. Additionally, combined AI-related ARR from Agentforce and the Data 360 platform exceeded $2.9 billion, a 200% increase year-over-year, with over 60% of deals coming from existing customers.
Salesforce’s current remaining performance obligation stood at $35.1 billion, a 16% increase year-over-year, driven by larger deals and early renewals. Company management forecasts fiscal 2027 revenues to increase in the range of 10-11%, while the Zacks Consensus Estimate points to a 10.9% year-over-year revenue growth.
In contrast, Salesforce shares have declined by 35% over the past year, while the Zacks Internet – Software industry has risen by 4%. The forward price-to-earnings (P/E) ratio for Salesforce is 12.84, significantly below the industry average of 28.77, revealing potential valuation advantages.
