New York, Feb 22, 2026, 13:40 ET — Market closed.
- Salesforce closed out Friday at $185.16, barely budging from its prior level.
- Investors are zeroed in on AI product momentum and guidance, with results set for release after the close on Feb. 25.
- Software names have swung as investors debate if fresh AI offerings are starting to chip away at demand for established players.
Salesforce ended Friday’s session barely lower at $185.16. The Dow-listed stock remains stuck near its lows, with quarterly earnings on deck this week.
Salesforce plans to release its fourth-quarter and full-year fiscal 2026 earnings after the U.S. market closes on Wednesday, Feb. 25. The company will host its conference call at 5 p.m. ET, according to its announcement.
The timing has investors on edge: with another round of big tech earnings in sight, attention is locked on whether the so-called “AI trade” is about to pivot again—and if software firms can hang on to their pricing firepower as fresh AI tools gain ground. “Next week is going to be pretty important for software,” said King Lip, chief strategist over at BakerAvenue Wealth Management. For Marta Norton, chief investment strategist at Empower, it’s “kind of a perplexing market.” Reuters
Salesforce barely moved on Friday, dipping just 0.1% according to MarketWatch, even as the S&P 500 and Dow finished higher. Software stocks were all over the map. Oracle tumbled 5.4% in the same session.
Lately, shares have been hugging the lower boundary of their annual range. NYSE data show CRM hit a 52-week low of $180.24 back on Feb. 12, while the high for the year reached $313.70.
BMO Capital Markets trimmed its Salesforce price target to $235 from $275, still maintaining an “outperform” call. The firm cited what it described as only modest take-up of Agentforce and Data Cloud compared with Salesforce’s installed base, according to Investing.com on Friday. Investing
Traders eye revenue growth and margins in the earnings report, along with fresh signs in bookings. Agentforce and Data Cloud are set to draw attention, with investors listening for talk of customer demand reaching past pilot programs.
Guidance is another flashpoint. Even with a strong quarter, shares can take a hit if executives signal a slowdown or bigger outlays ahead—investors in this sector have shown little patience for ambiguity.
The bear case here is straightforward—should AI products fail to produce clear upsell, or if clients stall on launching new projects, shares could slide toward that recent low, even in the absence of a headline miss.
U.S. markets get back to business Monday. But it’s Wednesday after the close—and that 5 p.m. ET conference call—that’s drawing the real focus. Investors are pressing for more clarity on demand, plus how quickly AI is turning into revenue.
