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Salesforce Stock Rises on AI-Driven Earnings Beat, Though Outlook Disappoints

Salesforce Stock Rises on AI-Driven Earnings Beat, Though Outlook Disappoints

Author:

Global Cryptocurrency

Published:

2026-02-26 22:59:01

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Salesforce shares gained 4% to close NEAR $200, outperforming the Dow Jones Industrial Average as tech stocks broadly declined. The software giant's fourth-quarter results surpassed estimates, fueled by growing demand for its AI products. Full-year revenue guidance fell short of expectations, prompting some analysts to adjust price targets.

Wedbush remains bullish, calling Salesforce a 'long-term winner' in the AI boom despite reducing its target to $325 from $375. Goldman Sachs and Deutsche Bank maintained buy ratings while similarly trimming projections. The earnings report may help counter recent sector-wide pressure on software stocks amid AI disruption concerns.

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