<p>Salesforce Inc (CRM) 下跌了 3.38%。软件与 IT 服务行业下跌了 0.47%。该公司的表现不及行业平均水平。该行业成交量前 3 的股票：Meta Platforms Inc (META) 下跌 3.29%；Microsoft Corp (MSFT) 下跌 1.55%；Palantir Technologies Inc (PLTR) 下跌 2.71%。</p>
<p><img src="https://imageproxy.pbkrs.com/https://resource.tradingkey.com/ai/wkrepot/5b83971d-6652-46f1-a703-b4b6e77a7629_1773418509.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://resource.tradingkey.com/ai/wkrepot/5b83971d-6652-46f1-a703-b4b6e77a7629_1773418509.png"/></p>
<h2>今天是什么原因导致 Salesforce Inc (CRM) 的股价下跌？</h2>
<p>Salesforce 的股票在宣布一项高达 250 亿美元的加速股票回购计划后出现下跌。此次回购将通过一项 250 亿美元的高级票据发行和一项新的 60 亿美元的定期贷款来融资，以再融资现有债务，这一财务操作在市场上引入了一定程度的不确定性。</p>
<p>用大量长期债务来资助大规模股票回购的决定引发了一些投资者的担忧。虽然股票回购通常被视为一个积极信号，表明管理层认为股票被低估并可能提升每股收益，但为融资此次回购而发行的债务规模引起了谨慎。债务发行的需求 reportedly 乏力，导致借贷成本高于平均水平，这反映出投资者对该策略的怀疑。</p>
<p>此外，增加的杠杆出现在整个软件行业面临人工智能 (AI) 颠覆及其对既有供应商潜在影响的问题之际。尽管 Salesforce 强调其 AI 计划（如 Agentforce）强劲增长，并且最近报告的季度财务业绩超出预期，但市场似乎在权衡这些积极因素与债务融资回购及持续行业动态的影响。</p>
<p>分析师的情绪虽然总体看涨，但也出现了一些调整，部分公司下调了对 Salesforce 的目标价。这些调整提到的因素包括估值压力和对公司某些产品云的弱点的看法。这种混合情绪，加上大规模股票回购的融资结构，似乎正在对公司的股价施加负面压力。</p>
<h2>Salesforce Inc (CRM) 的技术分析</h2>
<p>从技术上看，Salesforce Inc (CRM) 的 MACD (12,26,9) 值为 [-5.48]，显示出中性信号。RSI 为 49.80，表明中性状态，Williams %R 为 -18.41，表明超卖状态。请密切关注。</p>
<h2>Salesforce Inc (CRM) 的基本面分析</h2>
<p>Salesforce Inc (CRM) 属于软件与 IT 服务行业。其最新年度收入为 415.2 亿美元，在行业中排名第 13。净利润为 74.6 亿美元，在行业中排名第 15。公司简介</p>
<p><img src="https://imageproxy.pbkrs.com/https://resource.tradingkey.com/ai/wkrepot/f3bdfcb6-87c5-4832-8310-08c49353974e_1773418514.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://resource.tradingkey.com/ai/wkrepot/f3bdfcb6-87c5-4832-8310-08c49353974e_1773418514.png"/></p>
<p>在过去一个月中，多位分析师将该公司评级为买入，平均目标价为 272.56 美元，最高价为 475.00 美元，最低价为 190.00 美元。</p>
<h2>关于 Salesforce Inc (CRM) 的更多细节</h2>
<p>公司特定风险：</p>
<ul>
<li>多位分析师下调评级和降低目标价反映出对 Salesforce 估值、增长轨迹以及在 AI 驱动的 SaaS 平台背景下谨慎指引的日益怀疑。</li>
<li>Salesforce 计划通过高级票据融资 250 亿美元的股票回购，市场反应平淡，导致需求收益率上升，并引发对财务杠杆增加和与 AI 相关的执行风险的担忧。</li>
<li>有机收入增长在 2026 财年第四季度已减速至 8%，预计 2027 财年将进一步放缓至 7-8%，这表明公司核心业务增长动能可能减弱。</li>
<li>关键运营部门，特别是市场与商业，销售额出现下滑，集成与分析部门增长有限，表明集中表现不佳的领域影响整体收入生成。</li>
</ul>
<p>了解更多</p>

云计算 ETF - GlobalX

CRMG

赛富时

标普软件与服务 ETF - SPDR

北美科技软件股指数 ETF - iShares

<p>Salesforce Inc (CRM) 的股价下跌了 3.38%，原因是市场对一项由新债务资助的 250 亿美元加速股票回购计划表示担忧。市场对这一融资策略反应谨慎，因为需求疲软导致借贷成本上升。尽管季度业绩强劲且人工智能项目增长，但分析师已下调了价格目标，反映出对估值和增长的怀疑。技术指标显示中性信号，而有机收入增长放缓，引发了对公司核心业务动能的担忧。总体而言，市场情绪混合以及财务杠杆问题正在对股价施加压力</p>

<p>Salesforce Inc (CRM) moved down by 3.38%. The Software &amp; IT Services sector is down by 0.47%. The company underperformed the industry. Top 3 stocks by turnover in the sector: Meta Platforms Inc (META) down 3.29%; Microsoft Corp (MSFT) down 1.55%; Palantir Technologies Inc (PLTR) down 2.71%.</p>
<div class="lb-trans"><p>Salesforce Inc (CRM) 下跌了 3.38%。软件与 IT 服务行业下跌了 0.47%。该公司的表现不及行业平均水平。该行业成交量前 3 的股票：Meta Platforms Inc (META) 下跌 3.29%；Microsoft Corp (MSFT) 下跌 1.55%；Palantir Technologies Inc (PLTR) 下跌 2.71%。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://resource.tradingkey.com/ai/wkrepot/5b83971d-6652-46f1-a703-b4b6e77a7629_1773418509.png" alt="" original-src="https://resource.tradingkey.com/ai/wkrepot/5b83971d-6652-46f1-a703-b4b6e77a7629_1773418509.png"/></p>
<h2>What is driving Salesforce Inc (CRM)’s stock price down today?</h2>
<div class="lb-trans"><h2>今天是什么原因导致 Salesforce Inc (CRM) 的股价下跌？</h2>
</div><p>Salesforce's stock experienced a decline following the announcement of a substantial $25 billion accelerated share repurchase program. This buyback is being funded by a significant $25 billion offering of senior notes and a new $6 billion term loan to refinance existing debt, a financial maneuver that has introduced a degree of uncertainty into the market.</p>
<div class="lb-trans"><p>Salesforce 的股票在宣布一项高达 250 亿美元的加速股票回购计划后出现下跌。此次回购将通过一项 250 亿美元的高级票据发行和一项新的 60 亿美元的定期贷款来融资，以再融资现有债务，这一财务操作在市场上引入了一定程度的不确定性。</p>
</div><p>The decision to fund a large share repurchase with a considerable increase in long-term debt has raised concerns among some investors. While share repurchases can typically be viewed as a positive signal, indicating management's belief that the stock is undervalued and potentially boosting earnings per share, the scale of the debt issuance to finance this particular buyback has been met with caution. The debt offering itself reportedly experienced lukewarm demand, leading to higher-than-average borrowing costs, which reflects a degree of investor skepticism regarding the strategy.</p>
<div class="lb-trans"><p>用大量长期债务来资助大规模股票回购的决定引发了一些投资者的担忧。虽然股票回购通常被视为一个积极信号，表明管理层认为股票被低估并可能提升每股收益，但为融资此次回购而发行的债务规模引起了谨慎。债务发行的需求 reportedly 乏力，导致借贷成本高于平均水平，这反映出投资者对该策略的怀疑。</p>
</div><p>Furthermore, the increased leverage comes at a time when the broader software sector is grappling with questions around artificial intelligence (AI) disruption and its potential impact on established vendors. Although Salesforce has highlighted strong growth in its AI initiatives, such as Agentforce, and recently reported strong quarterly financial results exceeding expectations, the market appears to be weighing these positives against the implications of the debt-funded buyback and ongoing industry dynamics.</p>
<div class="lb-trans"><p>此外，增加的杠杆出现在整个软件行业面临人工智能 (AI) 颠覆及其对既有供应商潜在影响的问题之际。尽管 Salesforce 强调其 AI 计划（如 Agentforce）强劲增长，并且最近报告的季度财务业绩超出预期，但市场似乎在权衡这些积极因素与债务融资回购及持续行业动态的影响。</p>
</div><p>Analyst sentiment, while generally bullish, has shown some adjustments, with certain firms trimming their price targets for Salesforce. These adjustments cite various factors, including valuation pressures and perceived weaknesses in some of the company's product clouds. This mixed sentiment, coupled with the financing structure of the large share repurchase, appears to be contributing to the negative pressure on the company's share price.</p>
<div class="lb-trans"><p>分析师的情绪虽然总体看涨，但也出现了一些调整，部分公司下调了对 Salesforce 的目标价。这些调整提到的因素包括估值压力和对公司某些产品云的弱点的看法。这种混合情绪，加上大规模股票回购的融资结构，似乎正在对公司的股价施加负面压力。</p>
</div><h2>Technical Analysis of Salesforce Inc (CRM)</h2>
<div class="lb-trans"><h2>Salesforce Inc (CRM) 的技术分析</h2>
</div><p>Technically, Salesforce Inc (CRM) shows a MACD (12,26,9) value of [-5.48], indicating a neutral signal. The RSI at 49.80 suggests neutral condition and the Williams %R at -18.41 suggests oversold condition. Please monitor closely.</p>
<div class="lb-trans"><p>从技术上看，Salesforce Inc (CRM) 的 MACD (12,26,9) 值为 [-5.48]，显示出中性信号。RSI 为 49.80，表明中性状态，Williams %R 为 -18.41，表明超卖状态。请密切关注。</p>
</div><h2>Fundamental Analysis of Salesforce Inc (CRM)</h2>
<div class="lb-trans"><h2>Salesforce Inc (CRM) 的基本面分析</h2>
</div><p>Salesforce Inc (CRM) is in the Software &amp; IT Services industry. Its latest annual revenue is $41.52B, ranking 13 in the industry. The net profit is $7.46B, ranking 15 in the industry. Company Profile</p>
<div class="lb-trans"><p>Salesforce Inc (CRM) 属于软件与 IT 服务行业。其最新年度收入为 415.2 亿美元，在行业中排名第 13。净利润为 74.6 亿美元，在行业中排名第 15。公司简介</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://resource.tradingkey.com/ai/wkrepot/f3bdfcb6-87c5-4832-8310-08c49353974e_1773418514.png" alt="" original-src="https://resource.tradingkey.com/ai/wkrepot/f3bdfcb6-87c5-4832-8310-08c49353974e_1773418514.png"/></p>
<p>Over the past month, multiple analysts have rated the company as Buy, with an average price target of $272.56, a high of $475.00, and a low of $190.00.</p>
<div class="lb-trans"><p>在过去一个月中，多位分析师将该公司评级为买入，平均目标价为 272.56 美元，最高价为 475.00 美元，最低价为 190.00 美元。</p>
</div><h2>More details about Salesforce Inc (CRM)</h2>
<div class="lb-trans"><h2>关于 Salesforce Inc (CRM) 的更多细节</h2>
</div><p>Company Specific Risks:</p>
<div class="lb-trans"><p>公司特定风险：</p>
</div><ul>
<li>Multiple analyst downgrades and reduced price targets reflect growing skepticism regarding Salesforce's valuation, growth trajectory, and cautious guidance in the context of AI-driven SaaS platforms.</li>
<li>Salesforce's plan to fund a $25 billion share buyback through senior notes has met with tepid market reception, leading to higher demanded yields and raising concerns about increased financial leverage and AI-related execution risk.</li>
<li>Organic revenue growth has decelerated to 8% in Q4 fiscal year 2026, with forecasts indicating further slowing to 7-8% for fiscal year 2027, signaling a potential weakening in the company's core business growth momentum.</li>
<li>Key operational segments, specifically Marketing &amp; Commerce, have experienced declining sales, and the Integration &amp; Analytics segment shows limited growth, indicating concentrated areas of underperformance impacting overall revenue generation.</li>
</ul>
<div class="lb-trans"><ul>
<li>多位分析师下调评级和降低目标价反映出对 Salesforce 估值、增长轨迹以及在 AI 驱动的 SaaS 平台背景下谨慎指引的日益怀疑。</li>
<li>Salesforce 计划通过高级票据融资 250 亿美元的股票回购，市场反应平淡，导致需求收益率上升，并引发对财务杠杆增加和与 AI 相关的执行风险的担忧。</li>
<li>有机收入增长在 2026 财年第四季度已减速至 8%，预计 2027 财年将进一步放缓至 7-8%，这表明公司核心业务增长动能可能减弱。</li>
<li>关键运营部门，特别是市场与商业，销售额出现下滑，集成与分析部门增长有限，表明集中表现不佳的领域影响整体收入生成。</li>
</ul>
</div><p>Find out more</p>
<div class="lb-trans"><p>了解更多</p>
</div>

赛富时公司股票（CRM）在 3 月 13 日下跌了 3.38%：全面分析