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Salesforce faces concerns about Dreamforce disruption
The stock has fallen 19% over the past year and 22% year to date as Salesforce prepares for Dreamforce.
Yahoo Finance said Jim Cramer warned that internal turmoil ahead of Salesforce Inc.'s Dreamforce conference could be a risk for the stock, referencing Salesforce's decision to promote Miguel Milano to operating chief.
The remarks come as Salesforce shares have dropped 19% over the past year and 22% year to date, according to the article.
Cramer also tied his worry to timing, saying he would hate to see any disruption close to Dreamforce, noting that Milano had previously been involved in major presentations at the event.
The piece also highlighted Salesforce's recent performance, saying fiscal Q1 2027 revenue rose 13.3% annually to $11.13 billion and earnings increased more than 50% year over year, while guidance for full-year support-and-subscription growth remained at 12% as growth concerns lingered.