New York, February 19, 2026, 12:41 ET — Regular session
- Salesforce shares down about 1% in midday trade
- Company signs deal to acquire Momentum to bolster Agentforce and Slackbot
- Investors watch Feb. 25 results for signs AI products can lift growth
Salesforce shares fell about 1% to $185.98 in midday trade on Thursday. Salesforce said it signed a definitive agreement to acquire Momentum, a conversational-insights and “revenue orchestration” platform — software that helps sales teams track and push deals — to pull unstructured voice and video data such as Zoom and Google Meet calls into Agentforce 360 and Slackbot; “we need visibility and context from every meaningful interaction,” President and Chief Product Officer Steve Fisher said, while Momentum CEO Santiago Suarez Ordoñez said the tie-up would turn “static audio” into intelligence for revenue teams. (Salesforce)
The deal lands days before Salesforce reports fourth-quarter and full-year fiscal 2026 results on Feb. 25, after the market close. The company will host a conference call at 5 p.m. ET. (Salesforce)
That timing matters because investors have been quick to punish software names when the story drifts from revenue to spending, especially around AI. On Thursday, U.S. indexes slipped as financials and some technology stocks weakened and traders debated whether heavy AI investment is paying off; “it’s just an over-reaction,” said Max Wasserman, founder and senior portfolio manager at Miramar Capital. (Reuters)
Salesforce said Momentum’s “universal ingestion engine” will capture customer conversations from third-party voice and video tools and deepen the context available to its agents — automated software designed to take actions, not just answer questions. The transaction is expected to close in the first quarter of Salesforce’s fiscal 2027, subject to customary closing conditions. (Salesforce)
The stock rose 1.9% on Wednesday to close at $187.79, after ending Tuesday at $184.29, according to Yahoo Finance historical data. (Yahoo Finance)
Salesforce also weighed on the Dow early Thursday, with the index’s drop amplified by declines in Salesforce and Goldman Sachs, MarketWatch data showed. (MarketWatch)
Investors now want numbers. They will be listening next week for what Salesforce says about demand, sales cycles and whether newer AI products are moving from pilots to broader rollouts that show up in revenue.
Margins will be in the mix too, along with any changes in how the company frames spending on product development and acquisitions as it pushes deeper into “agentic” tools.
But the set-up cuts both ways. If customers slow software buying, or if AI features stay more hype than habit, Salesforce could struggle to convince the market that new deals will translate into near-term growth.
The next hard catalyst is Salesforce’s earnings release on Wednesday, Feb. 25, after the close, followed by the 5 p.m. ET call.
