Why did Salesforce stock fall after beating earnings?

Shares slipped about 3.6% after hours to $184.96 as investors questioned long-term AI differentiation and monetization, despite strong headline numbers. The market wants clearer proof that AI demand can scale, hold pricing, and expand margins. High expectations set a tough bar, so sentiment stayed cautious.

Is Salesforce stock a buy after these results?

It depends on your horizon and risk tolerance. The business showed strong execution, cash generation, and a massive buyback. Valuation near 25x earnings with roughly 7% FCF yield looks reasonable, but competition and AI proof points remain key. Consider staged entries and monitor AI ARR and margins closely.

How will the $50B Salesforce buyback affect shareholders?

A buyback that large can boost EPS, support the share price during drawdowns, and offset stock-based compensation. The impact depends on timing, price, and free cash flow. If executed steadily, it can improve per-share metrics and partially counter periods of slower multiple expansion for investors.

What is CRM stock price today and key levels to watch?

After hours, CRM stock price today was about $184.96. On technicals, traders are watching support near 178 to 170 and resistance around 194 to 196, aligned with Keltner and Bollinger references. Moves through these areas may signal the next short-term trend direction.

What should investors in Germany watch next?

Track AI ARR growth from the $800 million base, marquee customer wins, and any pricing disclosures on AI features. Watch the pace of the $50 billion buyback and margin commentary in upcoming updates. Also consider USD exposure in your portfolio and compare risk-reward versus European software names.

Global Market Insights

CRM Stock Today: Beat, $50B Buyback, Shares Slip on AI Jitters – February 26

ByHuzaifa Zahoor February 26, 2026February 26, 2026

Salesforce stock slipped after hours even as the company beat Q4 FY26 expectations and announced a $50 billion buyback. The software leader, ticker CRM, reported EPS of $3.81 versus $3.05 expected and revenue of $11.2 billion. It also raised its interim dividend to $0.44 and said AI platform ARR reached $800 million, up about 170%. Yet investors focused on AI competition, pushing shares down about 3.6% to $184.96. We explain what this means for German investors, today’s setup, and what to watch next.