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Salesforce stock hits record 11-day losing streak amid AI acquisition concerns

Market News
16 Jun 2026
Market Watch
View Source
Bearish
Salesforce stock hits record 11-day losing streak amid AI acquisition concerns

Salesforce's shares fell nearly 2% on Tuesday, marking the 11th consecutive day of decline and a record losing streak for the company. The stock has dropped over 22% during this period as investors express anxiety over Salesforce's recent AI acquisition and the challenges of integrating multiple new businesses. This prolonged downturn highlights investor skepticism about the company's strategy to boost its artificial intelligence capabilities. The situation remains uncertain as Salesforce works to stabilize its stock and reassure the market.

More News (CRM)

Salesforce's new AI model Koa won't impact stock until available in 2027, delaying revenue boost.

Salesforce's new AI model Koa won't impact stock until available in 2027, delaying revenue boost.

Salesforce introduced Koa, its first AI model designed specifically for CRM tasks, at its Investor Day in September 2026. Although Koa shows promising technical performance, it is currently only in pilot testing with select customers and will not be ...

Market News
Neutral
3 days ago
Six analysts raise Salesforce price targets, signaling strong confidence in AI-driven growth.

Six analysts raise Salesforce price targets, signaling strong confidence in AI-driven growth.

Six Wall Street firms simultaneously raised their price targets for Salesforce following the company's Dreamforce Investor Day, highlighting growing confidence in Salesforce's AI capabilities, especially Agentforce and its AI software stack. Analysts...

Analyst Insights
Bullish
4 days ago
Salesforce sees strong AI-driven growth with Q2 revenue up 11% and new AI products boosting future outlook.

Salesforce sees strong AI-driven growth with Q2 revenue up 11% and new AI products boosting future outlook.

Salesforce reported an 11% year-over-year revenue increase to $11.3 billion in Q2, driven by strong demand for its AI-powered solutions. Its Agentforce annual recurring revenue surged over 240%, and constant currency recurring revenue per order grew ...

Analyst Insights
Bullish
4 days ago
AI debate and Treasury yield shifts pressure tech stocks amid key corporate events this week

AI debate and Treasury yield shifts pressure tech stocks amid key corporate events this week

Tech stocks faced pressure early this week due to AI development debates and volatile Treasury yields, with the Nasdaq 100 ETF hitting a seven-week low. Key corporate events from Salesforce, FedEx, General Mills, McDonald's, Darden Restaurants, and S...

Market News
Neutral
4 days ago
Salesforce targets $63B revenue by 2030, boosted by new AIforce platform and strong analyst support.

Salesforce targets $63B revenue by 2030, boosted by new AIforce platform and strong analyst support.

Salesforce, a leader in cloud-based CRM software, is driving future growth with its new AIforce platform and ambitious financial goals. The company aims to exceed $63 billion in revenue by 2030, reflecting strong demand for its AI and core software p...

Market News
Bullish
4 days ago
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