Salesforce shares slide despite ambitious target for fiscal 2030

Salesforce shares dropped over the past four sessions even though the software company announced a big long-term sales goal. The firm set a revenue target of $63 billion for fiscal 2030. This figure beats the average analyst estimate of $61.4 billion. Salesforce aims to keep growing while facing rising market pressure from artificial intelligence tools. Meanwhile, financial firm UBS raised its price target for Salesforce stock from $240 to $260. At the same time, the shares of Salesforce remained under pressure during the recent trading sessions.