Loading...
Salesforce Stock Drops 5% After Strong Earnings, Due to Cautious 2027 Outlook
LIVE TV
LOCAL
Tour
ENGLISH
For You
Entertainment
National
Sports
Markets
Business & Economy
Lifestyle
World
Astrology & Religion
Technology
Education & Jobs
Auto
Politics
Viral
Opinions
Home
Local
Live TV
Loading more articles...
Salesforce Shares Drop 5% Despite Earnings Beat, Subdued 2027 Outlook; $50B Buyback
C
CNBC TV18
•
26-02-2026, 04:43
Salesforce Shares Drop 5% Despite Earnings Beat, Subdued 2027 Outlook; $50B Buyback
•
Salesforce shares fell 5% in extended trading despite Q4 results exceeding analyst expectations.
•
The decline was driven by a subdued guidance for 2027, disappointing investors already concerned about AI's impact on software stocks.
•
Salesforce reported Q4 2026 revenue of $11.2 billion and EPS of $3.81, both surpassing estimates.
•
The company announced a massive $50 billion share buyback, with CEO Marc Benioff citing current "low prices."
•
Salesforce raised its fiscal 2030 revenue target to $63 billion, partly due to the Informatica acquisition and gains from its Anthropic investment.
Read Full Article on Cnbc in English
✦
More like this
✦
More like this
Sticky Inflation Rattles Wall Street: Dow Sinks 715 Points, Nasdaq Caps Bruising February
M
Moneycontrol
CoreWeave Shares Tumble on $35 Billion Spending Surge Despite Revenue Beat
F
Firstpost
Suzlon Energy: Buy Recommendation Despite Yearly Lows, 52% Upside Predicted
C
CNBC Awaaz
IBM Shares Plunge 13.1%: Anthropic AI's New Tool Sparks Market Fear
C
CNBC Awaaz
NSE IPO Eyes ₹5 Lakh Crore Valuation Amidst Slower Growth, Strong Market Grip
C
CNBC Awaaz
ICICI Direct: Buy These Stocks for Up to 60% Upside, Seizes Geopolitical Opportunity
C
CNBC TV18