Salesforce stock hits a 52-week low as investors fear AI agents will erode seat-based pricing

By mid-June 2026, Salesforce shares had set a fresh 52-week low, with the 52-week low at $146.32. Analysts and investors pointed to the fear that AI agents will reduce the number of paid seats that underpin its subscriptions. Some commentary also argued that valuation had compressed further than the business justified.

• 52-week low of $146.32, against a 52-week high of $269.11
• Stock down about 40% year to date at the time of the report
• Core fear: AI agents reduce per-seat subscription revenue