Salesforce stock trades at USD 230.33 as targets top USD 300?
Published on 10/06/2026 at 15:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Salesforce (ISIN US79466L3024) was trading at USD 230.33 on the New York Stock Exchange on October 6, 2026 at 9:35 a.m. ET, up 0.23 percent from the prior close. The company combines a strong Q2 result with FY27 revenue guidance of USD 46.4 billion at the high end, while the market continues to debate how quickly its artificial intelligence products can lift growth.
Q2 revenue grew 10.8 percent
Salesforce generated USD 11.35 billion in Q2 FY27 revenue, compared with USD 10.24 billion in the prior-year quarter, according to TradingView in its August 26, 2026 10-Q summary. Diluted EPS rose from USD 1.96 to USD 4.29, a 118.9 percent increase, while net income increased from USD 1.89 billion to USD 3.53 billion.
The operating picture is therefore broader than the revenue rate alone. Six-month revenue reached USD 22.5 billion, up 12 percent year over year, as Agentforce Apps and Data 360 became more important parts of the platform mix.
FY27 targets raise the stakes
Salesforce targets FY27 revenue of USD 46.4 billion at the high end and a 34.3 percent non-GAAP operating margin, according to StockTitan in its account of the September 16, 2026 Investor Day filing. The same plan includes a USD 25 billion accelerated share repurchase and a projected share-count reduction of at least 14 percent, but those figures describe a forward plan rather than a completed transaction.
The comparison with FY26 is central: revenue was USD 41.5 billion and non-GAAP operating margin was 34.1 percent. Salesforce is asking the market to value a 11.8 percent high-end revenue increase while also accepting only 0.2 percentage points of additional non-GAAP margin.
Analysts see room above USD 230
MarketScreener lists a Buy consensus from 54 analysts, an average target of USD 281.08, a high target of USD 475.00 and a low target of USD 160.00 as of September 23, 2026. The average target lies 22.0 percent above the October 6 price of USD 230.33, making the gap between execution and valuation the central investor question.
Recent individual views remain spread across the range. MarketBeat reported that Barclays raised its target from USD 236.00 to USD 276.00 on August 27, 2026, while BTIG set a USD 300.00 target on September 2, 2026.
Salesforce stock holds above USD 230
Salesforce stock was trading at USD 230.33 on the NYSE on October 6, 2026 at 9:35 a.m. ET. The 52-week range was USD 146.32 to USD 269.11, placing the quote 14.4 percent below the yearly high.
Salesforce stock facts
- Company: Salesforce, Inc.
- ISIN: US79466L3024
- Ticker: CRM
- Trading venue: New York Stock Exchange
- Price (as of October 6, 2026, 9:35 a.m. ET): USD 230.33
- Market capitalization: USD 188.6 billion (as of October 6, 2026)
- 52-week range: USD 146.32-269.11 (as of October 6, 2026)
- Sector / Industry: Information Technology / IT Services and Consulting
- Index membership: S&P 500, Dow Jones, Nasdaq Composite
Upcoming dates for Salesforce stock
- October 8, 2026: Quarterly dividend payment
