With significant hedge fund interest, Salesforce, Inc. (NYSE:CRM) secures a spot on our list of the 10 best SaaS stocks to buy according to hedge funds.
As of Q1 2026, 101 hedge funds held bullish positions in the stock, representing $6.87 billion in aggregate value
Pixabay/Public Domain Salesforce, Inc. (NYSE:CRM) drew analyst attention after reporting a strong quarterly beat. On May 27, 2026, Salesforce, Inc. (NYSE:CRM) reported first-quarter revenue of $11.13 billion, above the analyst estimate of $11.05 billion. Adjusted EPS came in at $3.88, well ahead of the $3.12 consensus.
Subscription and support revenue grew 14%, also topping expectations. CEO Marc Benioff said the company secured 98 new deals with over $1 million in annual contract value during the quarter. However, the results were overshadowed by a softer outlook.