Salesforce (NYSE:CRM) Given New $225.00 Price Target at Canaccord Genuity Group

Salesforce just authorized buying back 14.1% of its own shares. That's a company spending billions on its own stock price — not on making your workflows easier to manage.

Here's what that news actually means: Salesforce is in shareholder-return mode. When a company at that scale focuses on buybacks, product investment slows, roadmap priorities shift toward enterprise deals, and mid-market customers quietly become a line item, not a priority.

If you've been waiting for Salesforce to finally build the thing your team actually needs — that custom pipeline stage, the automated handoff that fits your actual sales motion, the reporting that doesn't require a certified admin to decode — you're probably going to keep waiting.

You've already been through the cycle. Big platform, big promises, months of configuration, a consultant invoice that made you wince, and a system your team works around instead of with. This news doesn't change that pattern. It confirms it.

The companies who win aren't the ones with the biggest CRM brand name. They're the ones whose CRM actually reflects how their business works today — not how a software company's roadmap committee decided it should work three years ago.

A $225 stock price target is great news for Salesforce investors. It tells you nothing useful about whether your ops team will finally stop exporting everything to spreadsheets.

#CRM #SalesOperations #MidMarket #SalesforceAlternative #RevOps

Original Source

This repurchase authorization authorizes the CRM provider to buy up to 14.1% of its shares through open market purchases. Shares repurchase programs ...