Salesforce Stock Fluctuates Amid AI Concerns and Mixed Analyst Sentiment
Salesforce stock has been fluctuating in recent days due to mixed signals from analysts and concerns over the company's artificial intelligence investments.
The shares have fallen by 6.6% year-to-date, closing at $247.41 on September 11, 2026, but remain above their 52-week low of around $146 earlier this year.
Analyst Karl Keirstead from UBS maintained a 'Hold' rating with a price target of $240.00, while the broader consensus still points to upside, with an average price target of $269.14 and a Moderate Buy rating based on 28 Buy, 10 Hold, and one Sell recommendation over the past three months.
Salesforce is preparing to spend up to $2 billion to acquire Listen Labs, an AI-powered customer research platform, which would be folded into its agentic AI strategy.