Bank of America raises Salesforce target to USD 285 for Salesforce stock

Published on 10/19/2026 at 09:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bank of America lifted Salesforce's target from USD 160 to USD 285 on October 12, 2026. Salesforce stock costs EUR 215.23 on October 19, 2026.

AI strategy draws a higher valuation case

Bank of America upgraded Salesforce to Buy and raised its target to USD 285 from USD 160 on October 12, 2026.
Salesforce reported USD 11.35 billion in second-quarter revenue and Agentforce annual recurring revenue of USD 1.5 billion.
Salesforce stock trades at EUR 215.23 at 9:34 a.m. CEST at Lang & Schwarz on October 19, 2026.
Salesforce is scheduled to report its next quarterly results on December 2, 2026.

Isometrische 3D-Illustration einer zentralen Cloud-Plattform vernetzt mit Bürogebäuden und Endgeräten — Salesforce US79466L3024 als isometrische 3D Illustration einer Cloud Plattform mit vernetzten Gebäuden und digitalen Geräten, Illustration mit AI erstellt.

Salesforce stock (ISIN US79466L3024) was trading at EUR 215.23 at Lang & Schwarz on October 19, 2026 at 9:34 a.m. CEST. Investing.com reported that Bank of America upgraded Salesforce to Buy from Underperform and raised its target from USD 160 to USD 285 on October 12, 2026.

Why did the target rise?

Bank of America analyst Tal Liani argued that artificial intelligence could deepen enterprise reliance on Salesforce systems that manage data, workflows and compliance. The same report said AI revenue remained small and slower adoption was the main near-term risk, giving the bullish target a clear counterweight.

Salesforce's second-quarter fiscal 2027 revenue reached USD 11.35 billion, up 10.80 percent from the prior-year period, while adjusted earnings per share reached USD 5.90 against a USD 3.27 consensus estimate. MarketBeat reported those figures from the August 26, 2026 results. Agentforce annual recurring revenue had reached USD 1.5 billion, according to the same report.

Three events shape the case

Simply Wall St listed three recent developments in chronological order: Salesforce completed its Fin acquisition on September 10, 2026, agreed to acquire Loops on October 12, 2026 for about USD 30.0 million, and received the Bank of America upgrade on October 12, 2026. The sequence shows the company pairing product expansion with a stronger AI investment case.

What comes next for Salesforce?

The Loops transaction is expected to close in early November 2026, while the next quarterly results are scheduled for December 2, 2026, according to Gekko. For investors, the key test is whether Agentforce growth can translate into broader subscription momentum rather than only offset pressure on traditional software seats.

Salesforce keeps AI at the center

Salesforce describes its platform as combining autonomous AI agents, unified data and customer relationship applications. That positioning supports the higher target, but the USD 285 forecast still depends on adoption converting into measurable recurring revenue.

The stock was trading at EUR 215.23 at Lang & Schwarz on October 19, 2026 at 9:34 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Salesforce stock.