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Salesforce Shares Up 2% Following Investor Day, Targets $50 Billion Revenue in 2026
2022.09.21 18:12
© Reuters. Salesforce Shares Up 2% Following Investor Day, Targets $50 Billion Revenue in 2026
By Davit Kirakosyan
Salesforce, Inc. (NYSE:) shares were trading more than 2% higher after-hours following the company’s 2022 Investor Day.
The company targets $50 billion in revenue in FY26 (representing 17% CAGR) with a non-GAAP operating margin of over 25%.
Other key takeaways include the company’s target of $27.7 billion in Slack revenue and $15.7 billion in Tableau revenue.
The company also highlighted its first-ever share repurchase authorization of $10 billion, which was announced in August 2022.