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Marc Benioff's $25 Billion Bet Against the "SaaSpocalypse" Earlier This Year Is Now Paying Off for Salesforce Investors, and It's Not Too Late to Join
The Motley Fool·
Salesforce's stock has surged 38% since March after CEO Marc Benioff's aggressive $25 billion accelerated share buyback during the AI-driven software sector sell-off. Q2 earnings revealed strong performance with AI-related revenue growing 210% year-over-year to nearly $4 billion, and a new partnership with Anthropic introducing Claudeforce. Despite the rally, the stock trades at just 16x earnings, suggesting potential for further upside as the company demonstrates it's an AI beneficiary rather than victim.
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