Salesforce Stock Plummets Amid AI-Fueled Earnings Expectations

Salesforce's stock price fell 1.6% during mid-day trading on Tuesday, dropping as low as $204.76 before rebounding to $205.74 at the end of the session.

The company traded 10,014,362 shares, a decline of 27% from its average daily volume of 13,643,357 shares.

Analysts expect Salesforce's Agentforce AI agents and broader AI ecosystem to drive subscription growth in Q2 2027, with approximately 10.6% revenue growth forecasted.

Citizens JMP reiterated a 'market outperform' rating with a $315 target price, while Canaccord Genuity reaffirmed its buy rating with a $225 target.