Salesforce (CRM) announced Friday it will serve as an Official Tournament Supporter for the FIFA World Cup 2026 and FIFA Women’s World Cup 2027. The stock edged higher in morning trading following the news.
CRM was trading around $186.80 at the time of writing, down about 1% on the day despite the early lift from the announcement.
Salesforce, Inc., CRM
The company will deploy its Agentforce 360 AI platform and Slack across both tournaments. The deal covers workforce coordination, fan engagement, and communications with host cities, suppliers and stakeholders.
For FIFA World Cup 2026, which runs across Mexico, Canada and the United States with 48 teams, Slack will be used to manage operations across 16 host cities. The tournament is expected to draw a global audience of more than 5 billion viewers.
For FIFA Women’s World Cup 2027 in Brazil, the Agentforce 360 platform will handle fan support across FIFA’s digital channels, using automated agents to respond to fans across multiple platforms.
Salesforce’s Chief Business Officer at FIFA, Romy Gai, said the technology will help connect teams, host cities, volunteers, partners and fans through the tournaments.
The FIFA deal arrives at a tricky moment for Salesforce. The stock has been under pressure since the company issued below-consensus sales guidance for fiscal 2027, and there are growing concerns that newer AI platforms could chip away at its core enterprise business.
BofA analyst Tal Liani flagged rising competitive risk, pointing to OpenAI and Anthropic as companies that could push further into enterprise AI — territory Salesforce is banking on with Agentforce.
The analyst consensus sits at Moderate Buy, based on 28 Buys, 8 Holds and 2 Sells over the past three months.
The average price target on CRM is $249.29, which implies roughly 33% upside from current levels.
Truist Securities holds a Buy rating with a $280 target, citing the company’s AI strategy. TD Cowen also has a Buy rating at $240, pointing to Salesforce’s Headless 360 architecture.
Both ratings were reiterated following a recent Salesforce webinar on its strategic direction.
Separately, Salesforce declared a quarterly cash dividend of $0.44 per share, payable July 2, 2026, with a record date of June 11, 2026.
At its annual meeting, all twelve director nominees were elected and shareholders approved changes to the company’s equity plan.
InvestingPro noted 24 analysts have revised their Salesforce earnings estimates upward for the upcoming period.
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