Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Salesforce ( (CRM) ) has issued an update.
On March 16, 2026, Salesforce announced it had begun prepayment and initial delivery of about 103 million shares under its previously disclosed $25 billion accelerated share repurchase agreements, entered into on March 11, 2026. The transaction, described as the largest ASR in history, immediately executes half of the $50 billion buyback program approved by the board in February 2026, signaling strong confidence from leadership in the company’s growth and cash flow profile.
Salesforce has arranged the ASR with a syndicate of major global banks and expects final settlement in the third or fourth quarter of its fiscal 2027, with the ultimate share count tied to the stock’s volume-weighted average price over the program’s term. The move is poised to materially shrink the share count and underscores management’s commitment to shareholder returns, reinforcing Salesforce’s positioning and signaling conviction in its performance in what it calls the “Agentic Era.”
The most recent analyst rating on (CRM) stock is a Buy with a $250.00 price target. To see the full list of analyst forecasts on Salesforce stock, see the CRM Stock Forecast page.
Spark’s Take on CRM Stock
According to Spark, TipRanks’ AI Analyst, CRM is a Outperform.
The score is driven primarily by strong financial performance—especially robust free cash flow and improved profitability—supported by positive earnings-call guidance and product/backlog momentum. Offsetting factors include weak technical trend signals, a valuation that is not inexpensive for the current growth profile, and incremental risk from large debt-funded buybacks.
To see Spark’s full report on CRM stock, click here.
More about Salesforce
Salesforce, Inc. is a leading enterprise software company and the world’s top AI-powered customer relationship management provider. It offers a unified platform that integrates humans, AI agents, applications, and data to help organizations of all sizes become more “agentic,” driving operational efficiency, growth, and innovation across industries.
The company focuses on enabling businesses to manage customer interactions, sales, service, marketing, and analytics in the cloud. By positioning its products at the intersection of AI, data, and workflow automation, Salesforce targets global enterprises seeking digital transformation and enhanced customer engagement in increasingly data-driven markets.
Average Trading Volume: 11,647,722
Technical Sentiment Signal: Sell
Current Market Cap: $178B
For a thorough assessment of CRM stock, go to TipRanks’ Stock Analysis page.