Salesforce shares hit 52-week low amid AI agent concerns

Salesforce shares slid to $149.60 on Monday, down 1.44%, marking a 14th consecutive daily decline and bringing the stock close to its lowest level in a year. The shares are down about 43% year to date.

The current losing streak began after mixed first-quarter results released on May 27; the stock last closed higher on June 1 but has fallen roughly 28% since the streak started. The run is the company’s longest on record and follows a previous 52-week low of $146.32.

Investors have focused on AI agents-software that can write code and complete complex tasks using large language models-and the risk that customers could use them to build alternatives to platforms such as Salesforce’s Agentforce, reducing demand for traditional subscription software.

Salesforce announced a $3.6 billion acquisition of Fin and said it would add a proprietary AI model and expand agent capabilities across its product portfolio. The company also reported partnerships and deals intended to apply AI in operations, including work with a Formula 1 racing team.

Jefferies wrote that Salesforce completed 15 mergers and acquisitions since May 2025 and that the deal pace helped “accelerate innovation.” Despite that activity, trading remained cautious and the stock did not recover.

FactSet data show a consensus rating of Overweight from 54 analysts with an average price target of $244.58; the counts include 40 Buy-equivalent ratings, 12 Holds and two Underweights. Monness Crespi analyst Brian White upgraded the stock to Buy from Neutral with a $200 target, calling it “a compelling valuation opportunity” and noting it was the second-worst performing stock in his coverage in 2026.

Analysts say agent technology is still early and outcomes for enterprise software remain uncertain. Market participants are watching whether agents will be integrated into existing platforms or whether customers will assemble their own automated workflows that bypass vendors.

Despite Salesforce’s acquisitions and AI partnerships, the stock has continued to decline, leaving investors to assess the implications for subscription revenue and product road maps.