Salesforce stock holds up as year-end tech pullback hits AI bellwethers

Salesforce stock holds up as year-end tech pullback hits AI bellwethers

NEW YORK, December 29, 2025, 12:47 ET — Regular session

  • Salesforce shares were little changed near $266 in midday trading, outperforming a broader dip in tech.
  • AI-linked heavyweights slid as investors trimmed risk into the final week of 2025, with Fed minutes and jobless-claims data ahead. Reuters
  • Focus remains on Salesforce’s push to monetize Agentforce after it lifted fiscal 2026 revenue and profit guidance earlier this month. Salesforce

Salesforce shares were little changed in midday trading on Monday, holding near $266 as technology and AI-linked stocks pulled back in the final week of 2025.

The muted move in the enterprise-software bellwether comes as investors lock in gains and rebalance portfolios during a holiday-shortened stretch when thin liquidity can amplify market swings. Reuters

Traders are watching Federal Reserve meeting minutes and a weekly reading of U.S. jobless claims for clues on 2026 rate expectations, with U.S. markets shut on Thursday for New Year’s Day. Reuters

At 12:47 p.m. ET, Salesforce was up about 0.03% at $266.17.

The tech-heavy Invesco QQQ Trust was down about 0.7%, while the SPDR S&P 500 ETF slipped roughly 0.6%.

AI bellwethers led the retreat, with Nvidia down 1.8%, Tesla off 1.8%, Palantir lower by 1.4% and Broadcom down 1.1%.

“It’ll turn out to be a buying opportunity,” said Hank Smith, director and head of investment strategy at Haverford Trust, referring to the pullback in big tech shares. Reuters

Salesforce is a leading provider of customer relationship management (CRM) software, which companies use to manage sales and customer-service data. The company has been pitching Agentforce — AI agents designed to automate routine tasks — as a key product cycle for the next leg of growth.

Salesforce last updated investors on Dec. 3, raising full-year fiscal 2026 revenue guidance to $41.45 billion to $41.55 billion and forecasting non-GAAP earnings per share (EPS), an adjusted profit measure, of $11.75 to $11.77. Salesforce

The company said Agentforce and Data 360 annual recurring revenue (ARR) — an annualized subscription run-rate — reached nearly $1.4 billion. Salesforce also said it had more than 9,500 paid Agentforce deals. Salesforce

Among software peers on Monday, Oracle fell 1.8%, Workday slipped 0.8% and ServiceNow eased 0.2%.

Salesforce shares traded between $264.38 and $269.00 on Monday, with about 1.8 million shares changing hands by midday.

Salesforce is expected to report its next earnings around Feb. 25, according to Zacks. Until then, investors will watch incoming Fed and labor-market signals and whether the year-end retreat in AI names spills into cloud-software valuations. Zacks

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