Salesforce Secures $5.6B Army Contract as Shares Fall Over 40%
Salesforce shares have slid 41% over the past year and 28.4% in 2026, despite Oppenheimer and Stifel affirming Buy ratings with $300 price targets while Piper Sandler raised its target to $315. The firm secured a $5.6 billion U.S. Army contract and beat third-quarter earnings estimates before its Feb. 25 fiscal Q4 results.
1. Share Price Trends and Analyst Ratings
Salesforce shares have plunged 41% over the past year and 28.4% year-to-date, reflecting investor concerns over AI-driven automation and seat compression. Oppenheimer and Stifel reaffirmed Buy ratings with $300 price targets, while Piper Sandler lifted its target to $315 from $280 citing self-coding AI risks, and Jim Cramer highlighted the company’s strengths relative to Anthropic.
2. $5.6 Billion U.S. Army Contract
The company secured a landmark $5.6 billion contract with the U.S. Army, marking one of its largest government deals to date and reinforcing its leadership in enterprise software solutions.
3. Upcoming Fiscal Q4 Results
Salesforce beat third-quarter earnings estimates, demonstrating sustained operational momentum, and is set to report fiscal fourth-quarter and full-year 2026 results on Feb. 25, which will be closely watched for signs of growth resilience against sector headwinds.