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Benzinga
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Salesforce Targets $60 Billion Revenue By 2030: Why Analysts See Room For Margin Expansion

1. Salesforce targets $60 billion revenue by fiscal 2030, implying over 10% CAGR. 2. Analysts maintain positive ratings, with targets ranging from $235 to $400. 3. Significant margin expansion expected, aiming for 40% non-GAAP operating margins. 4. Agentforce expected to unlock 3x-4x ARR potential for accelerated growth. 5. Salesforce shares rose 4.62%, reflecting investor optimism around AI and growth.

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FAQ

Why Bullish?

Salesforce's ambitious revenue and margin targets indicate strong growth potential, aligning with bullish analyst ratings.

How important is it?

The strong revenue target and analyst confidence suggest significant upside, impacting CRM's stock price positively.

Why Long Term?

Revenue growth targets reflect a strategic plan expected to unfold over several years, similar to previous company trajectories.

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