Bank of America lifts target to USD 285.00 for Salesforce stock

Published on 10/15/2026 at 15:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue was USD 11.35 billion on August 26, 2026. Salesforce stock costs EUR 210.60 on October 15, 2026, 0.17 percent below Xetra close.

Analyst view and trading levels

On October 12, 2026, Bank of America lifted its Salesforce target to USD 285.00.
Second-quarter revenue was USD 11.35 billion on August 26, 2026.
Salesforce stock costs EUR 210.60 at Lang & Schwarz on October 15, 2026 at 3:00 p.m. CEST, 0.17 percent below the Xetra close of October 14, 2026.
Salesforce is expected to report its next results on December 2, 2026, after the close.

Fotorealistisches Datenzentrum mit endlosen blauen Server-Rack-Reihen und Spiegelböden — Salesforce US79466L3024 zeigt ein fotorealistisches Datenzentrum mit leuchtenden blauen Server Racks und Spiegelböden, Illustration mit AI erstellt.

Salesforce (ISIN US79466L3024) was given a higher USD 285.00 price target by Bank of America on October 12, 2026. According to CNBC, the bank upgraded the stock to Buy from Underperform and raised its previous USD 160.00 target. Against the USD 235.95 close on October 14, 2026, the new target is 20.79 percent above the price. Salesforce was trading at EUR 210.60 at Lang & Schwarz on October 15, 2026 at 3:00 p.m. CEST, 0.17 percent below the Xetra close of October 14, 2026.

Revenue remains the second anchor

Salesforce generated USD 11.35 billion of revenue in the second quarter of fiscal 2027, up 10.80 percent from USD 10.24 billion a year earlier. Zacks reported the period figure on October 7, 2026 and also cited current remaining performance obligation of USD 33.50 billion, up 14.00 percent year over year. Agentforce annual recurring revenue exceeded USD 1.50 billion in the same quarter.

Stock stays below the yearly high

The primary-market quote was USD 235.95 on October 14, 2026, while Salesforce has a 52-week range of USD 146.32 to USD 269.11. The latest USD price stands 12.32 percent below the high and 61.82 percent above the low. The finance figures also put the company at a market capitalization of USD 194.20 billion and a trailing P/E ratio of 21.53.

The next earnings report is expected on December 2, 2026, after the close, according to Gekko. Salesforce guided for third-quarter fiscal 2027 revenue of USD 11.42 billion to USD 11.50 billion and full-year fiscal 2027 revenue of USD 46.10 billion to USD 46.40 billion.

Comparison with peers

Salesforce: minus 0.17 percent, P/E 21.53, market capitalization USD 194.20 billion

ServiceNow (NYSE, USD): plus 0.99 percent, P/E 87.49, market capitalization USD 144.70 billion

Adobe (Nasdaq, USD): plus 1.86 percent, P/E 13.43, market capitalization USD 93.70 billion

The euro quote and daily base

Salesforce stood at EUR 210.60 at Lang & Schwarz on October 15, 2026 at 3:00 p.m. CEST, down 0.17 percent from the Xetra close of October 14, 2026 at EUR 210.95. The US listing remains the separate home-market reference, with the stock last at USD 235.95 on October 14, 2026.

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