Salesforce Gains 8.6% Since April 10 as Earnings Face Test With Stock Still Down 32%
Updated
Updated · Bloomberg · May 27
Salesforce Gains 8.6% Since April 10 as Earnings Face Test With Stock Still Down 32%
2 articles · Updated · Bloomberg · May 27
Salesforce shares have rebounded 8.6% from their April 10 three-year low, but the stock remains down 32% in 2026 ahead of earnings due after Wednesday’s close.
That weak recovery has left Salesforce lagging a broader software rebound after the year’s AI-driven selloff, raising pressure on results to ease investor concerns and revive the shares.
The iShares Expanded Tech-Software Sector ETF has climbed 26% since April 10 and is down 11% this year, underscoring how sharply Salesforce has underperformed peers.
The Nasdaq 100 has risen 19% in 2026, driven largely by chipmakers, highlighting how AI enthusiasm has favored hardware winners while leaving some software names behind.
Salesforce's stock has plummeted despite its AI claims. Will this earnings report finally silence the doubters?
Can Salesforce's AI agents justify their explosive growth without cannibalizing its core subscription business?