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
Summary
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.