Jefferies reaffirms Buy for Salesforce stock
Published on 10/02/2026 at 14:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Salesforce (ISIN US79466L3024) was trading at EUR 210.63 at Lang & Schwarz on October 2, 2026, up 0.13 percent versus the prior close of EUR 210.35. MarketBeat reported on September 24, 2026, that Jefferies reaffirmed its Buy rating on Salesforce, keeping the analyst debate centered on artificial intelligence monetization and execution.
Quarterly revenue reaches USD 11.35 billion
Salesforce generated USD 11.35 billion of revenue in the second quarter of fiscal 2027, according to Yahoo Finance on September 25, 2026. That represented 10.80 percent year-over-year growth, while adjusted earnings per share reached USD 5.90, compared with a USD 3.27 consensus estimate.
The underlying mix was uneven but informative. Subscription and support revenue increased 11.70 percent to USD 10.82 billion, while professional services and other revenue declined 3.80 percent to USD 525.00 million in the same fiscal quarter.
Agentforce ARR passes USD 1.50 billion
Agentforce annual recurring revenue exceeded USD 1.50 billion in the second quarter of fiscal 2027, rising more than 240.00 percent year over year. Combined Agentforce and Data 360 annual recurring revenue reached nearly USD 3.90 billion, showing that Salesforce's artificial intelligence products are becoming a measurable operating stream rather than only a product narrative.
Salesforce also raised fiscal 2027 revenue guidance to USD 46.10 billion to USD 46.40 billion from USD 45.90 billion to USD 46.20 billion, according to Yahoo Finance. The USD 200.00 million increase includes USD 100.00 million from organic growth and USD 200.00 million linked to pending acquisitions, partly offset by a USD 100.00 million foreign-exchange headwind.
Analyst support meets execution risk
Jefferies' Buy stance sits alongside a USD 275.14 average analyst target cited by MarketBeat on September 24, 2026. CNBC also reported that Guggenheim reiterated a USD 300.00 target after the Dreamforce period.
The counterweight is execution. A global service outage during Dreamforce and renewed concerns about artificial intelligence disruption challenged the investment case even as Agentforce usage accelerated, according to CNBC on September 23, 2026.
Salesforce stock holds above its prior close
Salesforce stock had a market capitalization of USD 193.8 billion as of October 2, 2026, while its primary listing is on the NYSE under ticker CRM. The Lang & Schwarz quote was EUR 210.63 in trading on October 2, 2026 at 2:15 p.m. CEST, compared with a prior close of EUR 210.35 and a daily gain of 0.13 percent.
The further course of trading is shown by the continuously updated real-time quote of Salesforce stock.
Salesforce stock facts
- Company: Salesforce, Inc.
- ISIN: US79466L3024
- Ticker: CRM
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 2, 2026, 2:15 p.m. CEST): EUR 210.63
- Change versus prior close: plus 0.13 percent
- Prior close Lang & Schwarz (October 1, 2026): EUR 210.35
- Market capitalization: USD 193.8 billion (as of October 2, 2026)
- Sector / Industry: Technology / Software - Application
