Salesforce stock closes at USD 234.69 as Q2 growth meets AI scrutiny
Published on 10/04/2026 at 10:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Salesforce stock (ISIN US79466L3024) closed at USD 234.69 on the NYSE on October 2, 2026, down 0.84 percent from USD 236.69. The latest fiscal second-quarter figures show adjusted EPS of USD 5.90 against a USD 3.27 consensus, keeping earnings execution ahead of expectations.
Q2 revenue advances 10.8 percent
StockTitan reports that Salesforce generated USD 11.3 billion in revenue for the quarter ended July 31, 2026, up 11 percent year over year. The detailed results cited by MarketBeat put revenue at USD 11.35 billion, up 10.8 percent, with adjusted EPS of USD 5.90 versus USD 3.27 consensus.
The earnings comparison is the sharper signal: adjusted EPS exceeded consensus by USD 2.63, while revenue was USD 20 million above the USD 11.33 billion estimate. Salesforce also guided fiscal 2027 revenue to USD 46.1 billion-USD 46.4 billion and maintained a 34.3 percent non-GAAP operating-margin target, according to StockTitan.
Analysts set targets above USD 250
On September 18, 2026, Wells Fargo raised its Salesforce price target from USD 230 to USD 250 while keeping an Equal Weight rating, MarketBeat reports. The same overview gives Salesforce a Moderate Buy consensus, with 49 analysts, an average target of USD 274.80, and a target range of USD 166 to USD 300.
That average target lies 17.1 percent above the October 2 price. The gap reflects confidence in AI monetization, but Salesforce also faces execution pressure as customers move from Agentforce trials to paid, scaled deployments.
Salesforce stock stays below its high
At USD 234.69, Salesforce stock sat 12.8 percent below its 52-week high of USD 269.11 and above its USD 146.32 low on October 2, 2026. Trading volume was 7,905,433 shares and market capitalization was USD 193.2 billion on the same date.
The next scheduled cash distribution is a USD 0.44 quarterly dividend payment on October 8, 2026, as reported by MarketBeat. For investors, the central test is whether the strong Q2 earnings gap can translate into sustained AI-led revenue acceleration.
USD 234.69 remains the reference price
Salesforce stock closed at USD 234.69 on the NYSE on October 2, 2026, with a daily change of minus 0.84 percent and a 52-week range of USD 146.32 to USD 269.11.
Salesforce stock key facts
- Company: Salesforce, Inc.
- ISIN: US79466L3024
- Ticker: CRM
- Trading venue: NYSE
- Price (as of October 2, 2026, 4:00 p.m. ET): USD 234.69 Closing price
- Market capitalization: USD 193.2 billion (as of October 2, 2026)
- 52-week range: USD 146.32-269.11 (as of October 2, 2026)
- Sector / Industry: Technology / Software - Application
Upcoming dates for Salesforce stock
- October 8, 2026: quarterly dividend payment
