Salesforce (CRM) shares fell 5% in after-hours trading on Wednesday after the company’s 2025 earnings per share forecast came in below expectations. This decline follows a 16% rally in the past six months, driven by optimism around its new Agentforce AI technology.
🔹 Agentforce’s Revenue Impact Delayed – Executives stated that Agentforce will have a “modest” revenue contribution in 2025, with a more “meaningful” impact expected in 2026.
🔹 Currency Pressure – A stronger U.S. dollar is expected to reduce revenue by $200 million this year.
🔹 Earnings Overview:
- Revenue: $10B (+8% YoY) vs. $10.04B estimate
- Operating Margin: 33% (vs. 31.2% a year ago)
- EPS: $2.78 (+21.4% YoY) vs. $2.61 estimate
Despite the disappointing guidance, Salesforce CEO Marc Benioff remains confident, highlighting 5,000 Agentforce deals signed since October, with 3,000 being paid.
Tech Stocks & AI Market Trends
💡 Mixed Performance for AI Giants: While Meta (META) is up 16% YTD, Nvidia (NVDA) is down 6% and Tesla (TSLA) has dropped 25%.
💡 Strong Software Earnings: Snowflake (SNOW) jumped 12% after strong guidance, and ZoomInfo (ZI) soared 23% following a better-than-expected quarter.
Salesforce’s future growth now hinges on Agentforce adoption, operating margin improvements, and revenue acceleration throughout 2025.