
Salesforce announced its Q3 2026 results on 3 December, beating Wall Street expectations. However, despite strong numbers, the company's stock remains down 29% this year.
This disconnect highlights investor concerns about the company's future growth trajectory, particularly in artificial intelligence (AI). The question isn't just about the latest quarter—it's about whether Salesforce's AI ambitions can truly scale to drive substantial growth or if the company is relying too much on acquisitions rather than organic expansion.