BofA raises target for Salesforce stock to USD 285.00
Published on 10/14/2026 at 17:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and quarterly growth
- BofA Securities raised its Salesforce target to USD 285.00 on October 12, 2026.
- Fiscal second-quarter revenue rose 10.80 percent to USD 11.35 billion.
- Salesforce stock costs EUR 211.60 at Lang & Schwarz on October 14, 2026 at 5:47 p.m. CEST.
- Salesforce trades at a P/E ratio of 21.48 on October 14, 2026.
BofA Securities upgraded Salesforce to Buy from Underperform and raised its price target from USD 160.00 to USD 285.00 on October 12, 2026, according to The Globe and Mail. The new target lies 21.07 percent above the NYSE quote of USD 235.40 at 11:53 a.m. ET on October 14, 2026. Salesforce was trading at EUR 211.60 at Lang & Schwarz at 5:47 p.m. CEST on October 14, 2026, after the Xetra close.
Revenue reaches USD 11.35 billion
Salesforce generated USD 11.35 billion of revenue in the second quarter of fiscal 2027, up 10.80 percent year over year, according to Zacks. Non-GAAP earnings reached USD 5.90 per share, an increase of 102.70 percent, while the company raised its fiscal 2027 revenue outlook to USD 46.10 billion to USD 46.40 billion.
The earnings mix matters. Zacks reported that net gains on strategic investments totaled USD 2.61 billion in the quarter, compared with USD 6.00 million a year earlier, while non-GAAP operating income rose 10.30 percent to USD 3.87 billion. The investment gains therefore explain a material part of the earnings-per-share increase.
Valuation and market position
Salesforce had a market capitalization of USD 192.8 billion and a P/E ratio of 21.48 as of October 14, 2026. The primary listing is the NYSE under ticker CRM and ISIN US79466L3024, as identified by Global Banking and Finance Review.
The same-day NYSE range was USD 146.32 to USD 269.11 for the 52-week period, with the current USD quote at USD 235.40. Salesforce therefore sits USD 33.71 below its 52-week high, while the BofA target stands above both the quote and the yearly high.
Price stays in after-hours trading
Salesforce stock was trading at EUR 211.60 at Lang & Schwarz on October 14, 2026 at 5:47 p.m. CEST. The quote was in after-hours trading after the Xetra session, while the primary-market reference was USD 235.40 on the NYSE at 11:53 a.m. ET.
The further course of trading is shown by the continuously updated real-time quote of Salesforce stock.
Salesforce market facts
- Company: Salesforce, Inc.
- ISIN: US79466L3024
- Ticker: CRM
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 14, 2026, 5:47 p.m. CEST): EUR 211.60
- Market capitalization: USD 192.8 billion (as of October 14, 2026)
- 52-week range: USD 146.32-269.11 (as of October 14, 2026)
- Sector / Industry: Technology / Software - Application
Market context: Market report S&P 500.
