Salesforce CFO reaffirms confidence in path to $63B FY30 revenue target
AI Market Summary
Salesforce’s CFO reaffirmed confidence in reaching $63B revenue by FY30 while highlighting a record accelerated share repurchase to be completed in October. The program implies an expected ~$182 average repurchase price, >14% share count reduction, and >40% return, alongside $3B in dividends. The messaging reinforces capital return discipline and strategic positioning in "Agentic enterprise", supporting near-term investor sentiment around earnings quality and execution.
Impact level
● Medium
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▲ Bullish
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Salesforce CFO Robin Washington said at the company’s annual conference that its largest accelerated share repurchase ever is set to be completed in October. She said the program has delivered a return of more than 40%, with an expected average repurchase price of $182 a share and an expected share count reduction of more than 14%. Washington also reiterated confidence in Salesforce’s path to $63 billion in revenue in FY30, citing the company’s innovation “flywheel” and capital returns as key drivers.
