Salesforce stock falls after five-session losing streak
Published on 09/22/2026 at 13:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Salesforce stock closed at USD 236.42 on the NYSE on September 21, 2026, down 0.63 percent from the prior close. The five-session decline leaves the shares 10.7 percent below their 52-week high, while the latest quarterly figures show continued double-digit revenue growth.
Revenue reaches USD 11.35 billion
For the quarter ended July 31, 2026, Salesforce reported revenue of USD 11.35 billion, up 10.8 percent from USD 10.24 billion in the comparable period. Net profit rose to USD 3.53 billion from USD 1.89 billion, according to The Globe and Mail on September 22, 2026.
Adjusted earnings per share came to USD 5.90 for that quarter, compared with a consensus estimate of USD 3.27. The USD 2.63 difference is the clearest quantified contrast between the earnings result and market expectations, although the stock's five-session decline shows that strong reported earnings have not removed investor caution.
Wells Fargo raises target to USD 250
AktienCheck reported on September 21, 2026, that Wells Fargo raised its Salesforce price target from USD 230 to USD 250 on September 18 while retaining an Equal Weight rating. The USD 20 increase indicates a higher valuation threshold, but the unchanged rating limits the signal as a directional upgrade.
Salesforce also set fiscal 2027 earnings guidance at USD 16.670 to USD 16.710 per share and third-quarter fiscal 2027 guidance at USD 3.420 to USD 3.440 per share, according to MarketBeat on September 21, 2026. The guidance provides a dated earnings framework against which the next quarterly report can be measured.
Stock remains above yearly low
The September 21 close was 10.3 percent lower year to date and 57.5 percent above the 52-week low of USD 147.60 recorded on June 23, 2026. Trading volume was just over 10 million shares, below the 20-day average of approximately 16.7 million, while market capitalization was approximately USD 210.4 billion, according to AskTraders on September 22, 2026.
Salesforce stock key data
- Company: Salesforce Inc.
- ISIN: US79466L3024
- Ticker: CRM
- Trading venue: NYSE
- Price as of September 21, 2026: USD 236.42
- Market capitalization: Approximately USD 210.4 billion as of September 21, 2026
- Sector / Industry: Information technology / Application software
- Index membership: S&P 500
