Citigroup Maintains Neutral on Salesforce, Raises Price Target to $233
Citigroup analyst Tyler Radke maintains Salesforce (NYSE:CRM) with a Neutral and raises the price target from $204 to $233.
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These Analysts Boost Their Forecasts On Salesforce Following Strong Q2 Results
Salesforce Inc (NYSE:CRM) reported strong Q2 results and raised its FY27 guidance. Revenue beat estimates at $11.35B and earnings per share at $5.90. Analysts raised price targets on CRM stock.
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- Aug 27, 2026, 1:23 PM
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Why Salesforce Stock Is Soaring This Week
Salesforce stock surged 22% this week after beating Q2 2027 earnings expectations with $11.35B in revenue versus $11.32B expected, and posting $4.29 diluted EPS versus $3.27 anticipated. The company raised its fiscal 2027 revenue guidance to $46.1-$46.4B and EPS guidance to $10.21-$10.25, prompting analysts to raise price targets. At 12.1x operating cash flow versus its five-year average of 18.3x, the stock is considered undervalued.
Read original at the-motley-foolSnowflake Stock Rises as Salesforce's Beat Lifts Enterprise Software
Snowflake shares are trading higher Thursday alongside Salesforce, which posted stronger-than-expected Q2 results and raised its FY outlook.
Read original at benzingaJP Morgan Maintains Overweight on Salesforce, Raises Price Target to $265
JP Morgan analyst Mark Murphy maintains Salesforce (NYSE:CRM) with a Overweight and raises the price target from $250 to $265.
Read original at benzinga