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One of the biggest casualties of the “SaaSpocalypse” trend has undoubtedly been Marc Benioff-led Salesforce (CRM). Perceived to be rendered irrelevant by the likes of Claude Code and OpenAI's Codex, shares of Salesforce have been on a downward spiral ever since. Benioff's impassioned defense has not been able to salvage the company from the rout in the markets as well.
Thus, the Q1 fiscal year 2027 results on May 27 could not come at a better time. The company has been consistently outperforming Street expectations, and with its pivot toward becoming an agentic AI enterprise, will the good times finally roll in for Salesforce? Let's find out.