Salesforce (NASDAQ: CRM) stock has wallowed for over a year, trending lower and hitting long-term lows in 2026 amid sluggish growth and AI SaaS-pocalypse fears. Sluggish growth is hard to overcome, even for a business generating over $40 billion in annual sales; billions in annual growth only add up to so much as a percentage.
The SaaS-pocalypse was a pressing issue for Salesforce, but the Q2 results have allayed it. While there is a risk that AI can disrupt Salesforce and other software companies' business, the more likely scenario is that it will deploy AI successfully, capitalizing on its leadership position in customer relationship management.
