Salesforce extends record losing streak, shares hover near 52-week low on NYSE

By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-23, 09:40.

Salesforce Inc. (US78409V1044) starts the new trading week under pressure, with shares on the NYSE holding just above a fresh 52-week low after a record losing streak, according to recent analyst and market commentary from Indmoney and Finanzen100. The stock closed at about 150 US dollars on 22 June, leaving it more than 45 percent below its 52-week high but only around 0.2 percent above its 52-week low, as Indmoney data show.

What recent reports highlight

Recent coverage from Indmoney describes how Salesforce shares have declined over 2 percent on 22 June and have fallen in 14 consecutive sessions, marking a record losing streak driven by investor concerns around intensifying AI competition and disruption in enterprise software. The same source notes that Salesforce now trades roughly 43 percent lower year to date, despite the company having announced a 25 billion US dollar share buyback plan earlier in 2026, which underscores the scale of the market’s re-rating. German portal Finanzen100 also points to the prolonged weakness, citing the extension of this losing run and the move toward new lows for the Dow Jones and S&P 500 constituent.

MarketScreener quotes a last official NYSE close for Salesforce at 150.12 US dollars on 22 June, with intraday trading spanning a range between 146.32 and 153.87 dollars and turnover above 20 million shares. According to the same overview, the stock is part of the heavyweight S&P 500 and Dow Jones Industrial Average, which keeps the sustained slide in focus for US index investors.

How analysts see Salesforce now

Despite the marked price decline and the record sequence of daily losses, analyst consensus remains clearly constructive on Salesforce, based on data from Indmoney and PandaForecast. Indmoney reports that 54 analysts currently cover the stock with an average target price of about 251.53 US dollars, implying around 40 percent upside from the recent 150 dollar area, even after the latest downdraft. PandaForecast, which aggregates around 30 news items on Salesforce over the last month, classifies 16 of these as bullish, 7 as bearish and 7 as neutral, pointing to a still positive overall news balance.

MarketScreener’s analyst feed also lists a series of recent rating actions from large houses. Monness Crespi & Hardt upgraded Salesforce from Neutral to Buy in mid-June, while UBS reiterated a Neutral stance and Jefferies reaffirmed its Buy rating during the same period, underlining that opinion on Wall Street is mixed at the margin but broadly supports a constructive medium-term view. This backdrop stands in contrast to the short-term price picture, where Salesforce has lagged US software peers such as Microsoft and ServiceNow in recent weeks amid the broader AI rotation.

The products behind the ticker

Salesforce generates most of its revenue with its Customer 360 platform, anchored by the Sales Cloud and Service Cloud applications for managing customer relationships and support workflows. The group has expanded this base with the Data Cloud, Einstein AI and the Slack collaboration platform, which together are designed to help enterprises integrate data, analytics and communication in one subscription-based suite of cloud services.

Where the shares trade today

The Salesforce shares (US78409V1044) most recently closed on the NYSE at 150.12 US dollars on 2026-06-22, 21:00, according to MarketScreener data.

Disclaimer: This article is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell securities.