Added to YB: 2026-07-13
Pitch date: 2026-07-09
CRM [neutral]
Salesforce, Inc.
-1.38%
current return
Author Info
No bio for this author
Company Info
Salesforce, Inc. provides customer relationship management technology services that connect companies and customers together in the United States, Europe, and the Asia Pacific.
Market Cap
$133.8B
Pitch Price
$165.60
Price Target
N/A
Dividend
1.08%
EV/EBITDA
12.18
P/E
18.96
EV/Sales
3.84
Sector
Software
Category
special_situation
This Week in Special Situations: Salesforce, Inc.
CRM (overview): Largest debt-funded buyback in software—$25B ASR launched Mar 2026, funded by $25B senior notes (4.5-6.7% coupons), retiring 103M shares (~11%). Half of $50B authorization. Shares out -7.2% QoQ, non-current debt jumped $10.4B→$39.3B, but FY27 FCF growth guide cut 9-10%→4-5%. Levered CEO bet (Benioff 3.47% owner) on re-rating.
Read full article (1 min)