NEW YORK, Feb 4, 2026, 17:46 EST — After-hours
Salesforce shares jumped 1.5% in after-hours Wednesday to $199.44, recovering from a volatile session that saw the stock dip to a 52-week low of $187.29. Earlier in the day, the stock peaked at $200.50. (Businessinsider)
The cloud software firm announced it will report fourth-quarter and full-year fiscal 2026 results after markets close on Feb. 25, followed by a conference call at 5 p.m. ET. This now stands as the next key event for a stock that’s been tracking the broader software sector. (Stock Titan)
Investors are growing wary on software stocks, and the usual dip-buying momentum has largely disappeared. “Our customers have not been as eager to buy dips in software as they are for precious metals and semis,” said Steve Sosnick, chief strategist at Interactive Brokers. Chris Murphy of Susquehanna added that “the options flow remains overwhelmingly defensive.” (Options are stock-linked contracts often used to hedge, or to bet on, big moves.) (Reuters)
U.S. stocks closed lower Wednesday amid growing skepticism over high tech valuations and doubts on whether the AI-driven rally has run its course. Some fund managers are turning cautious on software companies. “We’re a bit bearish on software in general,” said Josh Chastant, portfolio manager at GuideStone Funds. (Reuters)
Not everyone is convinced by the disruption narrative. Nvidia CEO Jensen Huang dismissed fears that AI will replace software tools as “illogical” after a global software selloff, which was partly driven by renewed concerns over emerging AI technologies. (Reuters)
A regulatory filing revealed that Salesforce director John V. Roos was granted 1,766 restricted stock units on Feb. 1. These RSUs convert to shares as they vest, with the award set to vest in four equal parts throughout 2026. (SEC)
Salesforce, known for its customer relationship management software and related tools, has been promoting AI “agent” features—software built to perform specific tasks—as a key selling point. (Salesforce)
Investors are set to focus on the outlook for the next quarter rather than the one that just closed. Commentary on customer budgets, renewals, and new deal activity will be under close scrutiny, along with any clues about the pace at which AI features are driving paid demand.
There’s a risk here. If the sector remains defensive and investors continue to view software as a source of capital, even a solid earnings report might not prevent the stock from sliding back to recent lows.
Positioning might crank up the momentum. When hedge demand spikes, market-makers often shift their exposure, fueling sharper late-day moves in heavily traded software stocks.
Salesforce’s next big date is Feb. 25, with earnings due after the close and an investor call set for 5 p.m. ET. Traders will focus on guidance, especially any updates on AI-driven spending and costs heading into the upcoming fiscal year.
