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Salesforce shares fall 5% despite earnings beat on subdued 2027 projections; $50 billion buyback announcedSalesforce has also announced a share buyback worth $50 billion as CEO Marc Benioff believes that "these are some low prices." Shares of Salesforce are already down nearly 30% so far this year in just the first two months.By Hormaz Fatakia   February 26, 2026, 4:43:02 AM IST (Published)2 Min ReadShares of SaaS company Salesforce Inc. fell as much as 5% in extended trading on Wednesday, February 25, despite its fourth quarter results surpassing analyst expectations by a thin margin. A subdued guidance for the new year disappointed the street, which has already hammered software stocks like Salesforce on concerns that AI will displace their business models.

For the first quarter of 2027, Salesforce expects EPS to be between $3.11 to $3.13 on revenue of $11.03 billion to $11.08 billion. Analysts were working with a figure of 10.99 billion.

However, for the full year, Salesforce sees topline between $45.8 billion to $46.2 billion, which is the lower end of the $46.06 billion consensus, while EPS is seen between $13.11 to $13.19, again at the lower end of the $13.12 projection by analysts.

Salesforce reported revenue of $11.2 billion for the fourth quarter of 2026, compared to analyst expectations of $11.18 billion. Its Earnings Per Share (EPS) stood at $3.81, higher than estimates of $3.04. Revenue growth in the fourth quarter stood at 12%, the fastest in two years.

Current remaining performance obligations, a sum of contracted by unrecognized revenue and unbilled amounts that will be recognized as revenue over the next year was at $35.1 billion, higher than consensus estimates of $34.53 billion.

Salesforce has also announced a share buyback worth $50 billion as CEO Marc Benioff believes that "these are some low prices." Shares of Salesforce are already down nearly 30% so far this year in just the first two months.

For fiscal 2030, Salesforce now sees revenue at $63 billion from $60 billion earlier, aided by the Informatica acquisition, which it completed during the quarter for $8 billion. Its stake in Anthropic fetched them a gain of $811 million, higher than the $96 million it earned during he same quarter last year. The company has invested $330 million in Anthropic so far for about 1% stake, including $100 million in the latest round. "(And) believe me, I wish we had invested a lot more," CEO Benioff said.

Shares of Salesforce are down 5.1% in extended trading, having closed 3.4% higher in the regular session on Wednesday.Continue ReadingTagsQ4 resultsSalesforce