Doubts on Salesforce 2030 Guidance and Management Track Record

4 days ago

"But the stock is finally going up because the company has issued 2030 guidance. Now, back in 2022 they issued guidance for 2026 and here we are in 2026 guiding for 41 billion. We are nowhere close to the guidance they gave back in 2022. So, if they could not meet their 2022 guidance for 2026, not even get close to it, why should we trust the 2030 guidance? I I'm personally not going for it. I I'm not trusting it. Maybe this time is different. But again, it's hard to trust the management team that has disappointed over and over and over again."

The speaker expresses skepticism about Salesforce's 2030 guidance given its history of missing previous targets. He highlights that despite recent positive movements, the management's track record makes him reluctant to invest, suggesting that he will avoid adding to his position in CRM.

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