Oppenheimer reaffirms Buy for Salesforce stock at USD 275 target
Published on 10/06/2026 at 09:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Oppenheimer reaffirmed a Buy rating and a USD 275.00 price target for Salesforce stock on September 29, 2026, according to Investing.com. The call gives the latest named analyst signal while Salesforce's second-quarter fiscal 2027 figures supply the operating test for that valuation.
Q2 revenue reached USD 11.35 billion
Salesforce reported USD 11.35 billion in revenue for the second quarter of fiscal 2027, the period ended July 31, 2026. Revenue increased 10.80 percent from the prior-year quarter, while adjusted earnings per share reached USD 5.90, according to Zacks.
The adjusted earnings figure exceeded the USD 3.27 consensus estimate by USD 2.63, while revenue topped the USD 11.33 billion consensus by USD 0.02 billion. That comparison makes the quarter's headline profit strength clear, although the revenue beat was narrower than the earnings gap.
Raised outlook supports the analyst case
Salesforce 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. The company also lifted adjusted earnings guidance to USD 16.67 to USD 16.71 per share from USD 14.06 to USD 14.12, as Zacks reported on September 25, 2026.
Salesforce's second-quarter operating cash flow reached USD 1.27 billion, up 71.50 percent year over year, while free cash flow rose 81.50 percent to USD 1.10 billion. The figures give the raised outlook a cash-generation counterweight to the market's continuing debate over AI monetization.
Salesforce stock stays above its prior close
Salesforce stock was trading at EUR 206.48 at Lang & Schwarz on October 6, 2026 at 9:37 a.m. CEST, up 0.83 percent versus the prior close of EUR 204.78. Its primary listing is on the NYSE, where the finance market snapshot showed USD 229.79 on October 5, 2026, and a 52-week range of USD 146.32 to USD 269.11.
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 6, 2026, 9:37 a.m. CEST): EUR 206.48
- Change versus prior close: plus 0.83 percent
- Prior close Lang & Schwarz (October 5, 2026): EUR 204.78
- Market capitalization: USD 188.2 billion (as of October 5, 2026)
- 52-week range: USD 146.32-269.11
- Sector / Industry: Technology / Software - Application
- Index membership: S&P 500
