Movement Alert｜Salesforce Rises 3.37% in Regular Trading, Software Sector Rally Extends as Analysts Maintain Bullish Outlook-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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Movement Alert｜Salesforce Rises 3.37% in Regular Trading, Software Sector Rally Extends as Analysts Maintain Bullish Outlook

Market Focus05-18

On May 18, Salesforce rose 3.37% in regular trading, trading at $179.95 per share, with trading volume of $493 million. The gain extends a broader software sector rally that saw the stock rise nearly 4% in the prior session.

The rebound comes after Salesforce experienced consecutive declines earlier in the month driven by AI disruption concerns and analyst downgrades. Supporting the recovery, Mizuho maintained its outperform rating on the stock while adjusting its price target to $250, and the average analyst target remains at $259.53 according to FactSet polling — well above the current trading level. The company has also been actively expanding its AI capabilities, recently partnering with Ribbon Communications on an agentic AI contact center offering called Agentforce Contact Center, and broadening its collaboration with Pearson to strengthen workforce AI readiness across its global operations.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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