Salesforce Stock Down 4% on Mixed FY2027 Guidance
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- Salesforce posted fiscal Q4 earnings of $3.81 adjusted EPS beating the $3.04 consensus and revenue of $11.20 billion versus $11.18 billion expected, with 12% YoY growth, its fastest in two years.
- Salesforce announced a $50 billion share‑buyback program, saying the prices are “low,” while its stock has fallen about 28% year‑to‑date in 2026.
- Salesforce gave FY2027 guidance of $45.8‑$46.2 billion revenue (10‑11% growth) and $13.11‑$13.19 EPS, essentially matching LSEG consensus.
- Salesforce rolled out an AI‑enabled Slackbot for paying Slack customers and reported annualized Agentforce AI revenue exceeding $800 million.
- Salesforce completed its $8 billion Informatica acquisition, which contributed $399 million in revenue, and announced plans to acquire marketing firm Qualified.
- Salesforce recorded an $811 million gain on its stake in Anthropic, up from $96 million a year earlier, and now holds about $330 million (≈1% stake) in the AI startup.
- Salesforce raised its FY2030 revenue target to $63 billion, up from a prior $60 billion‑plus goal, surpassing analyst expectations of $59.07 billion.
Why it matters: Investors lose as Salesforce’s share price slides 4% despite an earnings beat, while the company’s $50 billion buyback and AI rollout signal confidence but also highlight the pressure of meeting FY2027 growth targets that barely meet consensus, affecting analysts’ expectations and potential capital allocation.
