DBS maintains USD 300 target for Salesforce stock

Published on 10/23/2026 at 11:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Salesforce stock costs EUR 220.60 on October 23, 2026. Q2 fiscal 2027 revenue rose 10.80 percent to USD 11.35 billion and cRPO rose 14.00 percent.

Analyst target and operating figures

DBS maintained a USD 300.00 target for Salesforce on October 22, 2026.
Second-quarter fiscal 2027 revenue reached USD 11.35 billion, up 10.80 percent year over year.
Salesforce stock traded at EUR 220.60 at 11:08 a.m. CEST on October 23, 2026.

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Salesforce (ISIN US79466L3024) was trading at EUR 220.60 at Lang & Schwarz on October 23, 2026 at 11:08 a.m. CEST. Markets Insider reported on October 22, 2026 that DBS maintained a Buy rating and a USD 300.00 price target. The latest operating figures show why the analyst case remains tied to growth and execution.

DBS keeps USD 300 target

DBS analyst Andy Yu maintained the USD 300.00 target rather than raising or cutting it, according to the October 22, 2026 report. The same report identifies Salesforce as NYSE: CRM and cites quarterly revenue of USD 11.35 billion and net profit of USD 3.53 billion.

Nasdaq said second-quarter fiscal 2027 revenue rose 10.80 percent year over year to USD 11.35 billion and current remaining performance obligations increased 14.00 percent to USD 33.50 billion. Agentforce annual recurring revenue exceeded USD 1.50 billion, up more than 240.00 percent year over year.

Three dated Salesforce milestones

On August 26, 2026, Salesforce reported second-quarter fiscal 2027 revenue of USD 11.35 billion and raised its fiscal 2027 revenue outlook to USD 46.10 billion to USD 46.40 billion, according to Nasdaq. On October 20, 2026, BTIG issued a Buy rating, as reported by Markets Insider. On October 22, 2026, DBS maintained its Buy rating and USD 300.00 target.

What matters for the next quarter?

Zacks reported that Salesforce expects third-quarter fiscal 2027 revenue of USD 11.42 billion to USD 11.50 billion, implying 11.00 percent to 12.00 percent year-over-year growth. The company also expects a non-GAAP operating margin of 34.30 percent for fiscal 2027, while operating and free cash flow growth guidance remains 4.00 percent to 5.00 percent.

The contrast is clear in the reported numbers: second-quarter GAAP operating margin fell to 20.50 percent from 22.80 percent a year earlier, while Agentforce annual recurring revenue exceeded USD 1.50 billion. For investors, the next test is whether artificial intelligence adoption becomes a broader revenue and margin driver.

Salesforce price stays the market reference

Salesforce was trading at EUR 220.60 at Lang & Schwarz on October 23, 2026 at 11:08 a.m. CEST. The NYSE-listed stock had a market capitalization of USD 206.0 billion as of October 23, 2026, while its 52-week range was USD 146.32 to USD 269.11.

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