1334 ET - The demand environment for Salesforce seems to be softer as the company prepares to report 1Q slated for next week, according to Deutsche Bank in a note. The analysts cite conversations with partners in the Salesforce ecosystem. "Deal volumes felt a bit lighter than expected with some deals having stalled, reflecting persistent budget scrutiny and more cautious buying cycles," the analysts say. "The ability to forecast usage-based spend remains a significant challenge for the ecosystem." The analysts also say one factor contributing to potential 1Q softness was a pull-forward of deals, as some customers took advantage of renewing early in 4Q. (elias.schisgall@wsj.com)
(END) Dow Jones Newswires
May 19, 2026 13:35 ET (17:35 GMT)
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