Is Salesforce Stock Underperforming the Dow?

Core Insights - Salesforce, Inc. is a leading cloud computing company with a market cap of $215.9 billion, specializing in customer relationship management software and enterprise cloud solutions [1] - The company reported Q2 2026 adjusted EPS of $2.91 and revenues of $10.2 billion, surpassing expectations, but shares dropped 4.9% following a Q3 revenue forecast that fell short of analyst estimates [4] Company Performance - Salesforce shares have declined 36.6% from their 52-week high of $369, and have dipped 30% year-to-date, underperforming the Dow Jones Industrial Average's 10.7% gain [2][3] - The stock has been trading below its 50-day moving average since early March and recently slipped under its 200-day moving average, indicating a sustained bearish trend [3] Competitive Position - Salesforce has underperformed compared to its rival, Intuit Inc., which saw shares increase by 14.9% over the past 52 weeks [5] - Despite the underperformance, Salesforce stock has a consensus rating of "Moderate Buy" from 28 analysts, with a mean price target of $831.29, indicating potential for a 28.3% upswing from current market prices [5]