Salesforce stock: Bank of America lifts target for Salesforce stock to USD 285.00
Published on 10/16/2026 at 16:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and company scale
- Bank of America lifted its Salesforce target to USD 285.00 on October 12, 2026.
- Quarterly revenue reached USD 11.35 billion, up 10.80 percent year over year.
- Salesforce stock costs EUR 213.43 at Lang & Schwarz on October 16, 2026 at 4:42 p.m. CEST.
- Salesforce had a USD 197.2 billion market capitalization and a 21.84 price-to-earnings ratio on October 16, 2026.
Bank of America upgraded Salesforce from Underperform to Buy and lifted its price target from USD 160.00 to USD 285.00 on October 12, 2026. The new target stood 19.00 percent above the USD 239.49 primary-exchange price available at that time, according to MarketBeat. Salesforce stock costs EUR 213.43 at Lang & Schwarz on October 16, 2026 at 4:42 p.m. CEST.
Quarterly growth remains visible
Salesforce's quarterly report published on August 26, 2026 showed revenue of USD 11.35 billion, up 10.80 percent from the same period a year earlier. Adjusted earnings per share reached USD 5.90, compared with the USD 3.27 consensus estimate, according to MarketBeat.
Stock sits below its yearly high
The USD 239.49 quote on the NYSE at 10:57 a.m. ET on October 16, 2026 stood 11.01 percent below Salesforce's USD 269.11 52-week high and 63.67 percent above its USD 146.32 low. Trading volume was 2,373,998 shares against an average of 12,902,462 shares, while the price-to-earnings ratio was 21.84.
Valuation and upcoming dates
Salesforce had a USD 197.2 billion market capitalization and a 0.01 percent dividend yield on October 16, 2026. Bank of America's USD 285.00 target provides the clearest dated valuation reference in the recent analyst coverage, while the latest reported quarterly revenue gives investors a current operating measure.
Salesforce, Inc. develops cloud-based customer relationship management software and related enterprise applications. Its NYSE listing uses the ticker CRM, as identified by MarketBeat.
Price perspective
The euro quotation places Salesforce below the translated primary-exchange high, while the latest operating figures show double-digit revenue growth and earnings above consensus. The combination gives the stock report two measurable anchors: a dated analyst target and the latest quarterly results.
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 16, 2026, 4:42 p.m. CEST): EUR 213.43
- Market capitalization: USD 197.2 billion (as of October 16, 2026)
- 52-week range: USD 146.32-269.11 (as of October 16, 2026)
- Price-to-earnings ratio: 21.84 (as of October 16, 2026)
Market context: Market report S&P 500.
