Have Salesforce shares hit bottom? BNP Paribas eyes catalysts to turn stock around

What we drew from this source

The claims Via News extracted from this document. We point to the source; we don't replace it.

• Salesforce stock might have finally reached its low point, and multiple near-term catalysts could help

  60% confidence

• Total FY27 buyback estimate increases to ~$25bn from ~$16bn previously, driving an 8% reduction in diluted share count for FY27 versus prior estimate

  60% confidence

• At 4Q results, Salesforce announced a $50bn repurchase authorization, with the first $20bn completed by 3/15, the next $5bn completed by the end of FY27e, and the final $25bn yet to be scheduled

  60% confidence

• Buybacks are clearly not enough to trigger new investor interest or confidence, but next week's event highlighting Slackbot may serve as a near-term catalyst as it is likely to be another step in demonstrating real-world customer adoption of Salesforce's AI products

  60% confidence

Data points we hold from this source