Salesforce Stock Sees Up to 4% Swing Ahead of Dreamforce Event
Salesforce's Dreamforce event is set to begin at 1 p.m. ET on Tuesday, where CEO Marc Benioff will deliver a keynote address. Traders are anticipating a significant move in the company's stock, with options pricing suggesting a potential swing of up to 4% by the end of the week.
A move of this size could see shares rally as high as $270, which would be a new high point for the year. On the other hand, if shares give back some recent gains, they could drop to around $248.
As Salesforce has lingered in negative territory for much of 2026 amid worries about AI disruption, investors will likely be focused on the company's recently announced partnership with Anthropic and its long-term financial forecasts.