Salesforce Inc
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Salesforce Inc (CRM) Stock News
The latest CRM headlines and market coverage — 5 recent stories, updated throughout the day.
- Benzinga·Neutral
CRM Stock Is Down More Than 30% This Year, But Marc Benioff Says Salesforce's Blowout $11.1 Billion Quarter May Be A 'Sign'
Salesforce reported its first $11.1 billion quarter with strong metrics including $6.7 billion operating cash flow and a 152% increase in processed tokens. However, the stock declined after the company provided Q2 revenue guidance of $11.27-$11.35 billion, slightly below analyst expectations. Despite the SaaS sector weakness, CEO Marc Benioff remains optimistic about the company's shift toward autonomous AI, though Agentforce still represents less than 5% of total sales.
- Benzinga·
CRM Stock Is Down More Than 30% This Year, But Marc Benioff Says Salesforce's Blowout $11.1 Billion Quarter May Be A 'Sign'
Marc Benioff , Chair and CEO of Salesforce (NYSE: CRM ) , celebrated the company’s first $11.1 billion quarter by linking the company’s strong financial performance to its 1-1-1 philanthropic model. Benioff highlighted the company’s $6.7 billion operating cash flow and raised revenue guidance of $45.9-$46.2 billion. He also noted that Salesforce processed 28.6 trillion tokens, a 152% increase quarter-over-quarter, and converted them into 3.8 billion Agentic Work Units for customers, up 111% QOQ, again signaling the 1-1-1 connection. “Our first $11.1 B quarter – we have always loved the 1-1-1 model. It's a sign?” wrote the CEO. What Is the 1-1-1 Model? Salesforce's 1-1-1 model is a long-standing commitment to donate 1% of equity, product, and employee time to philanthropy, embedded at its founding in 1999 by Marc Benioff. As of recent disclosures, this framework has helped generate hundreds of millions in grants and over 10 million volunteer hours, supporting tens of thousands of nonprofits globally. The initiative has also scaled into the ... Full story available on Benzinga.com
- Benzinga·
Salesforce CEO Brushes Off 'SaaSpocalypse' As CRM Stock Slides Despite 60% Surge In Premium AI Deals
Salesforce Inc. (NYSE: CRM ) shares dipped in after-hours trading on Wednesday despite a massive first-quarter earnings beat , as soft guidance and legacy weakness overshadowed an explosive under-the-hood surge in enterprise artificial intelligence (AI) adoption. Dismissing The ‘SaaSpocalypse’ While the weaker performance of the software-as-a-service (SaaS) sector has been in focus on Wall Street, Salesforce Chair and CEO Marc Benioff remained firmly defiant during the company's fiscal first-quarter earnings call. Addressing prevailing market fears head-on, Benioff pushed back against the pessimistic industry narrative. “Well, you've heard the narrative on the SaaSpocalypse,” Benioff remarked, acknowledging the “crazy thing that these AI apps are transforming software.” He instead highlighted Salesforce’s massive shift toward autonomous AI as definitive proof of structural resilience. However, not everyone on Wall Street is fully convinced by the AI pivot just yet. As Chief Analyst Patrick Moorhead at Moor Insights Strategy pointed out on X, investors remain skeptical because Agentforce still represents less than 5% of total sales, ultimately overshadowing the product’s explosive 205% ARR growth to $1.2 billion. Full story available on Benzinga.com
- Benzinga·
Top 4 S&P 500 Stocks To Watch Next Week: CRM, MRVL, COST, DELL
The S&P 500 Index soared to a record high this week, continuing an uptrend that started in March when it crashed to $6,314. It rallied despite the elevated energy prices and bond yields, and after FOMC minutes showed that officials considered hiking interest rates. This article highlights the top stocks to watch next week, including Salesforce (NYSE: CRM ) , Marvell Technologies (NASDAQ: MRVL ), Costco Wholesale (NASDAQ: COST ) , and Dell Technologies (NASDAQ: DELL ) . Salesforce In Focus Amid SaaSpocalypse Jitters Salesforce, the biggest company in the customer relationship management industry, will be in the spotlight as it releases its earnings on Wednesday. These numbers come as its stock continues to languish after falling by 51% from its highest point in 2025 amid SaaSpocalypse fears. SaaSpocalypse is a fairly new word referring to the potential disruption of companies in the SaaS industry by AI tools. In a note this week, BofA's Tai Liam warned that the company was facing an AI-driven reset . Analysts expect that the company's earnings will show that its revenue rose by 12% last quarter to $11 billion. Part of this growth will be because of its recent acquisitions, including Informatica and Bluebirds. Software companies have reacted differently after ... Full story available on Benzinga.com
- Yahoo Finance·Bullish
AI Disruption Fears Pressured Salesforce (CRM) in Q1