Salesforce surprises with ambitious growth targets

Salesforce presented ambitious new long-term goals at Investor Day during the Dreamforce conference on Wednesday evening, positively surprising the markets. The stock rose by about 3.6% in after-hours trading. The software company aims to achieve over 60 billion USD in revenue by fiscal year 2030 – significantly above previous analyst estimates. This target even excludes the planned acquisition of Informatica, which is expected to be completed by mid-2026. Between fiscal years 2026 and 2030, Salesforce expects an organic growth rate of over...