Salesforce stock has dropped nearly 30% year-to-date. This decline fuels speculation that the company may go private. Analysts cite strong free cash flow and predictable subscription revenue as buyout indicators. The stock trades at a significant discount to analyst price targets.
CEO Marc Benioff remains the primary obstacle to a potential deal. Benioff focuses on the "Agentforce" AI platform as the next growth driver. This strategy suggests he does not intend to sell.
Salesforce reports fourth-quarter fiscal 2026 earnings on February 25, 2026.