Salesforce shares hit a new 52-week low on April 9, 2026. The stock closed at $175.93 on April 8. This decline represents a 31.04% loss over the past year. A broader downturn in the software and cloud sectors contributed to the sell-off.
Macroeconomic headwinds and potential disruption from AI-native tools drive investor concerns. Analysts suggest these new technologies could threaten established enterprise software vendors.
Wedbush analyst Dan Ives maintains that fears of AI making Salesforce obsolete are exaggerated. He expects a massive AI spending cycle to benefit application-layer companies as enterprises deploy programs in 2026. Conversely, ClearBridge Large Cap Growth Strategy exited its Salesforce position during the first quarter of 2026. The firm cited slowing growth in the core business as the reason for its departure.