Salesforce stock: Bank of America lifts target for Salesforce stock to USD 285

Published on 10/19/2026 at 16:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Salesforce reported USD 11.35 billion revenue for fiscal second quarter 2027 on August 26, 2026. Salesforce stock costs EUR 212.20 on October 19, 2026.

Analyst target and reporting date

Bank of America raised its Salesforce target to USD 285 on October 12, 2026.
Fiscal second-quarter revenue reached USD 11.35 billion on August 26, 2026.
Salesforce stock costs EUR 212.20 at Lang & Schwarz on October 19, 2026 at 4:06 p.m. CEST.
Salesforce is scheduled to report results on December 2, 2026.

Architekturaufnahme des San-Francisco-Skylines bei Sonnenuntergang mit markant geschwungenem Hochhaus — Salesforce US79466L3024 mit generischem San Francisco Wolkenkratzer im goldenen Abendlicht über der Bucht fotografiert, Illustration mit AI erstellt.

Bank of America raised its Salesforce price target to USD 285 from USD 160 on October 12, 2026, while upgrading the stock to Buy from Underperform. At the USD 239.06 NYSE price at 10:15 a.m. ET on October 19, 2026, the new target was 19.22 percent higher. According to CNBC, analyst Tal Liani cited Salesforce's enterprise artificial intelligence strategy and raised expectations for growth.

Revenue reaches USD 11.35 billion

Salesforce generated USD 11.35 billion in revenue in its fiscal second quarter 2027, up 10.80 percent from the year-earlier period. Subscription and support revenue rose 11.70 percent to USD 10.82 billion, while current remaining performance obligations increased 14.00 percent to USD 33.50 billion, according to Yahoo Finance on October 7, 2026.

Price position on October 19

The Lang & Schwarz price stood at EUR 212.20 at 4:06 p.m. CEST on October 19, 2026. The bid was EUR 211.95 and the ask was EUR 212.45. The primary-market quote was USD 239.06 at 10:15 a.m. ET on the same date, with Salesforce's 52-week range at USD 146.32 to USD 269.11.

Salesforce's current primary-market price was 11.17 percent below its 52-week high and 63.41 percent above its 52-week low. Its year-to-date performance was down 15.10 percent on October 7, 2026, according to Yahoo Finance. The contrast matters: the stock remains well above its annual low, but its yearly performance has lagged the broader software group.

Valuation and December reporting date

Salesforce had a market capitalization of USD 196.7 billion and a P/E ratio of 21.80 at 10:15 a.m. ET on October 19, 2026. Gekko listed December 2, 2026 as the next earnings date and reported a consensus target of USD 285.68 from 37 firms on October 16, 2026.

Comparison with peers

Salesforce (NYSE, USD): P/E 21.80, market capitalization USD 196.7 billion.
Oracle (NYSE, USD): plus 1.47 percent, P/E 20.39, market capitalization USD 393.4 billion.
Adobe (Nasdaq, USD): minus 0.21 percent, P/E 13.64, market capitalization USD 95.2 billion.

Trading position and investor calendar

The analyst target and the December reporting date give Salesforce investors two measurable reference points beyond the intraday quote. Bank of America's target is below the consensus target of USD 285.68, while the company enters the next reporting cycle after fiscal second-quarter revenue growth of 10.80 percent.

Salesforce was trading at EUR 212.20 at Lang & Schwarz on October 19, 2026 at 4:06 p.m. CEST. The primary-market quote was USD 239.06 on the NYSE at 10:15 a.m. ET on October 19, 2026.

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