tech
February 26, 2026
Salesforce’s underwhelming earnings won’t be enough to stem the AI software slide
Analysts remained mixed across the board in their long-term stances toward Salesforce.
TL;DR
- Salesforce provided a fiscal 2027 revenue forecast of $45.8 billion to $46.2 billion, below Wall Street's projection.
- The company's stock has fallen over 25% year-to-date, influenced by broader fears of AI disruption in the tech sector.
- Annualized Agentforce revenue exceeded $800 million, but analysts express concern over its slow adoption rate.
- Weakness in marketing and commerce segments, coupled with a tough app spending environment, is pressuring core Salesforce revenue.
- Analyst ratings for Salesforce remained mixed, with price target adjustments from major firms like Bernstein, UBS, Wells Fargo, Deutsche Bank, Barclays, Goldman Sachs, Morgan Stanley, and JPMorgan.
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