New York, Feb 22, 2026, 13:40 ET — Market closed.
- Salesforce shares ended Friday little changed at $185.16.
- Results are due Feb. 25 after the close, with investors focused on AI product traction and outlook.
- Software stocks have been volatile as traders weigh whether new AI tools erode demand for incumbents.
Salesforce shares closed Friday down a fraction at $185.16, leaving the Dow component hovering near recent lows going into a week that brings the company’s quarterly results.
The cloud software maker is set to report fourth-quarter and full-year fiscal 2026 results on Wednesday, Feb. 25, after the U.S. market close, followed by a conference call at 5 p.m. ET, the company has said. (Salesforce Investor Relations)
Why the timing matters: investors are using the next batch of big tech earnings to test whether the “AI trade” is shifting again, and whether software companies can defend their pricing power as new AI tools spread. “Next week is going to be pretty important for software,” said King Lip, chief strategist at BakerAvenue Wealth Management. Marta Norton, chief investment strategist at Empower, called it “kind of a perplexing market.” (Reuters)
Salesforce’s muted finish on Friday came on a stronger day for the broader market, with the S&P 500 and Dow both closing higher, while several software names swung sharply. Oracle slid 5.4% in that session, while Salesforce edged down about 0.1%, MarketWatch data showed. (MarketWatch)
The stock’s recent range has tightened around the low end of its past year: CRM’s 52-week low was $180.24, set on Feb. 12, and the 52-week high was $313.70, according to NYSE data. (New York Stock Exchange)
On the Street, BMO Capital Markets lowered its price target on Salesforce to $235 from $275 while keeping an “outperform” rating, pointing to what it called modest adoption of Agentforce and Data Cloud versus the company’s installed base, Investing.com reported on Friday. (Investing)
For the earnings report, traders are likely to focus on revenue growth, margins and any shift in bookings signals. They will also listen for comments on Agentforce and Data Cloud, and whether customer demand is broadening beyond pilots.
Another pressure point is guidance. A solid quarter can still land poorly if management’s outlook implies slower growth or heavier spending, especially in a sector where investors have been quick to punish uncertainty.
The downside case is simple: if AI products do not translate into measurable upsell, or if customers delay new projects, the stock can drift back toward its recent low even without an outright miss.
U.S. markets reopen on Monday, with attention building into Wednesday’s after-hours report and the 5 p.m. ET call, where investors will want specifics on demand and the pace of AI monetization.
