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Salesforce Stock Plunges Nearly 20% After Missing Q1 Earnings



Salesforce’s stock plummeted nearly 20% on Thursday, marking its largest single-day drop since 2004. The sharp decline followed the company’s first-quarter earnings report, which missed Wall Street expectations for the first time in nearly two decades due to weak sales in Europe. 


Despite the downturn, analysts at Bank of America and Morningstar remain optimistic about Salesforce’s long-term potential, noting continued margin expansion and investments in AI innovation. Morningstar highlighted Salesforce’s new AI suite, Einstein Copilot, as a promising development. Wedbush’s Dan Ives described the earnings miss as a "speed bump," maintaining confidence in Salesforce’s future performance.





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