Salesforce (NYSE: CRM) has reported significant growth in its artificial intelligence business, with its Agentforce Annual Recurring Revenue (ARR) surpassing $1.5 billion. This figure, which includes offerings like Slackbot and Headless 360, represents a year-over-year increase of more than 240 percent. Additionally, the combined ARR for Agentforce and Data 360 reached nearly $3.9 billion, up over 210 percent from the previous year.
The company reported that 3.2 billion Agentic Work Units (AWUs) were delivered in the second quarter, a 97 percent increase from the prior quarter. Salesforce has delivered a total of 7 billion AWUs across Agentforce and Slack to date. To expand its ecosystem, Salesforce announced a partnership with Anthropic called Claudeforce, which integrates Claude’s reasoning capabilities with Salesforce’s business data and workflows.
Despite these operational milestones, the company’s stock performance has not kept pace. CRM shares have gained only 1.65 percent over the past 12 months and are down 6.52 percent year to date. The stock is currently trading around $256.58, with its 50-day moving average at $200.42 and its 200-day moving average at $201.10. The stock is on the verge of a Golden Cross, a technical signal where the shorter-term moving average crosses above the longer-term average.
Investors are currently focused on whether the rapid adoption of AI agents will translate into durable, incremental spending and if the recent stock rally can lead to a sustained re-rating of the company.
