Salesforce stock is jumping. What Wall Street is saying about its earnings and its Anthropic relationship.

Shares of Salesforce were trading sharply higher in premarket action as investors digested the company's latest quarterly results. The move came alongside fresh commentary from the sell side, with analysts at Citigroup and Jefferies both raising their price targets on the software giant. While the headline numbers were the immediate catalyst, much of the focus has shifted to Salesforce's relationship with Anthropic, the artificial intelligence company known for its Claude models.

The revised targets suggest the Street sees room for optimism in Salesforce's positioning within the AI-driven software landscape. The partnership with Anthropic is viewed as strategically important, potentially allowing Salesforce to integrate advanced AI capabilities into its customer relationship management offerings. For analysts, the combination of a solid earnings print and a credible AI strategy bolsters confidence in the company's ability to sustain growth as demand for enterprise AI tools expands.

Looking ahead, market participants will be watching how deeply Anthropic's technology is embedded into Salesforce's product roadmap and whether it translates into measurable adoption among enterprise clients. The broader takeaway is that AI partnerships are becoming a key differentiator in the software sector, and Salesforce's moves are being scrutinized as a bellwether for how legacy players can stay relevant in an increasingly AI-centric market.