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Salesforce seen as cheapest way to own AI software with 49% upside to $348 price target

Analyst Insights
29 Sep 2026
24/7 Wall Street
View Source
Bullish
Salesforce seen as cheapest way to own AI software with 49% upside to $348 price target

Salesforce trades at a lower valuation than Microsoft and ServiceNow despite strong AI revenue growth, with a 24/7 Wall St. price target of $348.23 implying nearly 49% upside from its current price. The company reported solid Q2 FY27 earnings, beating revenue and EPS estimates, and raised its full-year EPS guidance. Salesforce aims for $63 billion revenue by FY30, supported by rapid growth in its AI-driven Agentforce product and a $25 billion share buyback. Risks include rising debt and slow AI adoption beyond pilot programs, but the stock remains a buy with a 90% confidence rating due to its attractive valuation and growth potential.

Salesforce (CRM) trades at USD 226.82 on Pluang as of Sep 29, 2026 20:02 WIB, down slightly by 0.20% in the past day. Despite the recent dip, the stock sees strong buying interest with 96% of Pluang orders to buy and a typical hold time of 88 days. This active investor engagement aligns with the company's ambitious growth targets and positive earnings momentum highlighted in the news.

More News (CRM)

Salesforce trades cheaper with steady growth; ServiceNow grows faster but at higher valuation.

Salesforce trades cheaper with steady growth; ServiceNow grows faster but at higher valuation.

Salesforce and ServiceNow both reported strong AI-driven bookings, with ServiceNow growing revenue 24% and trading at 27x forward earnings, while Salesforce grew 10.8% at about 14x forward earnings. ServiceNow leads in AI product innovation and rapid...

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Salesforce repurchases $25B stock, cuts shares 10%, eyes Anthropic stake to retire debt and boost finances

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Salesforce used the recent market selloff to buy back $25 billion of its own stock, reducing diluted shares by 10% and increasing earnings per share. CEO Mark Benioff indicated that Salesforce's stake in AI firm Anthropic will be used to pay off ASR ...

Market News
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3 days ago
Investor keeps buying Salesforce shares despite 10% drop, betting on its AI-driven cash flow growth.

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