Salesforce Slump Deepens as Stock Drops More than 5% on Weak Guidance

Salesforce slump deepens as stock drops more than 5% on weak guidance

Salesforce's revenue forecast for the current quarter came in below expectations.

Salesforce slump deepens as stock drops 7% on disappointing guidance – DG Verifications & Stats

In this article CRM Follow your favorite stocksCREATE FREE ACCOUNTSalesforce CEO Marc Benioff attends the 55th annual meeting of the World Economic Forum in Davos, Switzerland, on Jan. 23, 2025.Halil Sagirkaya | Anadolu | Getty Images A bad year just got worse for Salesforce. Following a disappointing revenue forecast in its quarterly earnings report late Wednesday, Salesforce’s stock slumped 8%, bringing its decline for 2025 to 28%. That’s the…

POLITICS: Live: Salesforce (CRM) Drops 4% After Issuing Disappointing Guidance – USSA News – U-S-NEWS.COM

Live Updates Live Coverage Has Ended While Salesforce shares are down, here are a couple reasons to be happy with tonight’s earnings: Adjusted EPS guidance of $11.35 at the midpoint beats Wall Street’s current expectations of $11.29. The company is now authorized to rebuy $50 billion in shares. That’s a large number considering Salesforce is worth $245 billion at today’s close. The company is on track to deliver $15 billion in operating cash flo…

CEO of Salesforce calls guidelines 'applicable conservative' if shares fall after the profit drops

In a Wednesday interview with Jim Cramer from CNBC, Salesforce CEO Marc Benioff defended the guidance that his company has issued – even when the figures Wall Street disappointed. “Our results are absolutely fantastic and our guidance is too, you know, is always the right way conservative,” said Benioff. The Enterprise software company posted on […]