What Are Wall Street Analysts' Target Price for Salesforce Stock?

Core Insights - Salesforce, Inc. (CRM) is a leading player in customer relationship management technology with a market cap of $242.2 billion, providing cloud-based solutions for businesses to enhance customer engagement across various functions [1] Stock Performance - Over the past 52 weeks, CRM shares have decreased by 15.1%, underperforming the S&P 500 Index, which gained 17.5% during the same period [2] - Year-to-date, CRM shares have fallen by 24.4%, while the S&P 500 has risen by 15.6% [2] - Compared to the Technology Select Sector SPDR Fund (XLK), which returned 30.1% over the past 52 weeks, CRM has also lagged [3] Financial Performance - In Q2 2026, Salesforce reported adjusted EPS of $2.91 and revenues of $10.2 billion, exceeding expectations; however, shares fell by 4.9% the following day due to a weak Q3 revenue forecast of $10.24 billion to $10.29 billion, which was below estimates [4] - Analysts project an 8.8% year-over-year growth in EPS for the fiscal year ending January 2026, reaching $8.58 [5] - Salesforce has a strong earnings surprise history, beating consensus estimates in the last four quarters [5] Analyst Ratings - Among 50 analysts covering CRM, the consensus rating is a "Moderate Buy," consisting of 35 "Strong Buys," 2 "Moderate Buys," 12 "Holds," and 1 "Strong Sell" [5] - This rating configuration is slightly less bullish than three months ago, which had 36 "Strong Buy" ratings [6] Price Targets - Mizuho Securities analyst Gregg Moskowitz reaffirmed a "Buy" rating on Salesforce with a price target of $350 [7] - The mean price target of $330.65 indicates a 30.9% premium to CRM's current price levels, while the highest price target of $430 suggests a potential upside of 70.2% [7]