Salesforce reports Q2 fiscal 2027 earnings today after market close at 5:00 p.m. ET, with Wall Street consensus expecting adjusted earnings per share of $3.27, according to MarketBeat and multiple analyst tracking platforms.
The CRM stock forecast calls for revenue of approximately $11.33 billion, representing growth of about 10.7% from the prior year’s $10.24 billion, according to IndMoney. That growth rate aligns with Salesforce’s broader guidance trajectory, as the company raised its full-year fiscal 2027 revenue outlook to $45.9 billion to $46.2 billion during its May 2026 earnings call.
Prediction markets are pricing in a strong likelihood of a beat. Polymarket assigns a 91% probability that Salesforce will exceed consensus estimates on August 26, according to Yahoo Finance reporting from August 20. The company has demonstrated a track record of outperforming: in six of its last earnings reports, Salesforce has delivered positive surprises, including a significant beat in Q1 FY2027 when it reported adjusted EPS of $3.88 versus the consensus estimate of $3.12, according to CNBC.
The earnings report comes as Salesforce’s AI-powered Agentforce platform continues to accelerate. CEO Marc Benioff told analysts that Agentforce annual recurring revenue now exceeds $1 billion, up from $800 million in the fourth quarter of fiscal 2026, according to The Register. Agentforce demand has fueled a stock rally ahead of today’s announcement, with CRM gaining roughly 5% in the week leading up to earnings despite broader market volatility.
Salesforce stock has faced headwinds through 2026, declining 22% year-to-date as of August 26, according to Yahoo Finance and 247wallst.com. Broader software-as-a-service sector concerns have weighed on the stock, though analysts remain constructive on the longer term. The consensus 12-month price target across 53 analysts stands at $242.64, implying approximately 18% upside from recent trading levels, according to StockAnalysis.
The company’s fiscal Q2 results will be released after the market close, followed by a live earnings webcast at 2:00 p.m. PT (5:00 p.m. ET), according to Salesforce’s investor relations announcement from August 5.
Sources
- MarketBeat — Q2 FY2027 earnings date and consensus EPS estimate of $3.27
- IndMoney — Revenue consensus estimate of $11.33 billion and year-over-year growth percentage
- Yahoo Finance — Polymarket 91% probability of earnings beat; year-to-date stock decline of 22%
- CNBC — Q1 FY2027 earnings beat ($3.88 EPS vs. $3.12 estimate); full-year revenue guidance
- The Register — Agentforce ARR exceeding $1 billion; prior-quarter ARR of $800 million
- StockAnalysis — Consensus 12-month price target of $242.64 across 53 analysts
- Salesforce Investor Relations — Official announcement of August 26 earnings release and webcast timing
