Salesforce stock: Bank of America raises target from USD 160 to USD 285

Published on 10/21/2026 at 16:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 10.80 percent to USD 11.35 billion. Salesforce stock costs EUR 214.40 on October 21, 2026, up 0.75 percent versus Xetra close.

Bank of America raises USD 285 target

Bank of America upgraded Salesforce from Underperform to Buy and raised its target from USD 160 to USD 285 on October 12, 2026.
Second-quarter revenue rose 10.80 percent year over year to USD 11.35 billion.
Salesforce stock costs EUR 214.40 at Lang & Schwarz on October 21, 2026 at 4:04 p.m. CEST, 0.75 percent above the Xetra close of EUR 212.80.
Salesforce is scheduled to report its next results on November 30, 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.

Salesforce stock (ISIN US79466L3024) is trading at EUR 214.40 at Lang & Schwarz on October 21, 2026 at 4:04 p.m. CEST, 0.75 percent above the Xetra close of October 20, 2026 at EUR 212.80. The strongest new signal is Bank of America's October 12 upgrade from Underperform to Buy and its target increase from USD 160 to USD 285, according to CNBC.

Target reset puts AI strategy first

The new target stands 18.13 percent above Salesforce's NYSE price of USD 241.27 at 10:10 a.m. EDT on October 21, 2026. Bank of America analyst Tal Liani said enterprise customers are unlikely to replace platforms containing business logic, data, workflows and compliance systems.

The call also identifies a counter-factor. CNBC reported that slower-than-expected artificial intelligence adoption remains the near-term risk cited by Liani.

Stock sits below its yearly high

The NYSE quote puts Salesforce at USD 241.27, with a 52-week range of USD 146.32 to USD 269.11. The current price is 10.36 percent below the yearly high and 64.85 percent above the yearly low. Trading volume stood at 712,714 shares at 10:10 a.m. EDT.

Results date sets the next checkpoint

Salesforce's latest reported second quarter of fiscal 2027 produced revenue of USD 11.35 billion, up 10.80 percent from the prior-year quarter. Net income attributable to common shareholders was USD 3.53 billion for the period ended July 31, 2026.

The next earnings date is November 30, 2026, according to Ticker Terminal. That date gives investors a defined checkpoint for judging whether the AI strategy is translating into renewed growth.

Comparison with peers

Salesforce: plus 0.75 percent versus the Xetra close, P/E 22.00, market capitalization USD 198.6 billion.

Adobe (NASDAQ, USD): minus 0.22 percent, P/E 14.25, market capitalization USD 99.7 billion.

Oracle (NYSE, USD): minus 1.40 percent, P/E 20.31, market capitalization USD 391.0 billion.

What the numbers leave investors

Salesforce combines a 10.80 percent second-quarter revenue increase with a target that is 18.13 percent above its NYSE price. The valuation remains tied to whether Agentforce and broader enterprise AI demand can support the growth assumptions behind the upgrade.

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