Salesforce clears fresh analyst support, shares stabilize after tech selloff

Jefferies reiterates its Buy rating on Salesforce with a $250 target, as the NYSE-listed CRM specialist trades around 150 dollars after a sector-wide AI and software pullback.

By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-26, 10:47.

Salesforce Inc. (US78409V1044) sits in the S&P 500 and trades on the NYSE around 150 dollars per share after a marked software and AI-driven tech selloff this month, with Jefferies reaffirming a Buy rating and a 250 dollar price target on June 15 according to a recent analyst note. Jefferies maintains a Buy on Salesforce

What Jefferies is saying

Jefferies keeps its Buy recommendation on Salesforce shares and sets the price target at 250 dollars, highlighting the stock's more than 40 percent year-to-date decline in the broader software pullback and the potential for over 50 percent upside from current levels based on Wall Street expectations. Jefferies analyst update

The analysts point to Salesforce's fundamentals, including recurring revenue, cash generation and ongoing share buybacks, as reasons for the continued positive stance despite the sector's weak sentiment around traditional software amid heavy AI spending by enterprises. INDmoney summary of analyst views

Where the consensus sits

On MarketScreener, Salesforce is covered by a broad analyst base, with the consensus skewed towards Buy and an average target well above the latest closing price of roughly 150 dollars, after the shares fell about 1.7 percent on June 25 in New York trading amid a wider tech rout over concerns about a hawkish Federal Reserve and corporate AI investment levels. MarketScreener Salesforce overview

According to Indian brokerage data, Salesforce's implied upside from consensus targets stands north of 50 percent, with some houses citing around 14 percent estimated earnings growth and positive profit trends as key pillars of the investment case in spite of the 40 plus percent year-to-date share price decline. INDmoney consensus snapshot

The product behind the stock

Salesforce's core business revolves around its Customer 360 platform, anchored by the Sales Cloud and Service Cloud applications that help enterprises manage sales pipelines, customer service interactions and marketing campaigns in a single cloud-based CRM environment, with additional modules for analytics and AI-driven automation.

Where the stock trades today

The Salesforce shares (US78409V1044) last closed on the NYSE at 150.19 US dollars on 2026-06-25, based on MarketScreener's price data for the CRM ticker CRM.

Key data on the Salesforce shares

• Company: Salesforce Inc.
• ISIN: US78409V1044
• WKN: A0B87V
• Ticker: CRM
• Trading venue: NYSE
• Price (as of 2026-06-25, 21:00): 150.19 USD
• Market cap: approximately 130 billion USD (as of 2026-06-25)
• Sector / industry: Software - Application / Cloud CRM
• Index membership: S&P 500
• Next earnings date: not officially scheduled

Disclaimer: This article is for informational purposes only and does not contain investment advice, recommendations or solicitations to buy or sell securities.