Salesforce gains on 2026 revenue and profit forecast raise

Shares of enterprise software provider Salesforce CRM.N rise 1.4% to $279.71 in extended trading

Company expects fiscal 2026 revenue to be between $41 billion and $41.3 billion compared with prior forecast range of $40.5 billion to $40.9 billion

*CRM expects 2026 adjusted earnings to be between $11.27 and $11.33 per share, compared with the previous forecast of $11.09 to $11.17 per share

Company reports Q1 revenue of $9.83 billion, vs estimates of $9.75 billion, according to data compiled by LSEG

Up till last close, stock down 16.5% YTD