Salesforce Stock Hovers Around $255 as AI Strategy Targets $268.31
Salesforce's stock price has been fluctuating around $255.65, down 1.46% from its previous close. The company's AI strategy, showcased at Dreamforce 2026, has put a focus on $268.31, a significant resistance level for the stock.
The company's move towards data and workflow layer beneath multiple AI assistants is a key differentiator in the market. Agentforce ARR (annual recurring revenue) has exceeded $1.5 billion, with combined Agentforce and Data 360 ARR approaching $3.9 billion, representing over 210% year-over-year growth.
Salesforce's second-quarter results showed strong bookings and better AI monetization, beating expectations with a 12% increase in subscription and support revenue to $10.8 billion. The company also reported a 14% increase in CRPO (contracted revenue performance obligation) to $33.5 billion.