Salesforce stock is projected to reach $300 by March 2, 2027, following strong Q2 earnings.
Salesforce (NYSE:CRM) shares surged 22% in a week to $256 after reporting strong Q2 FY2027 earnings, according to analysis. CEO Marc Benioff called it "one of the best quarters ever," with AI and data Annual Recurring Revenue (ARR) nearing $4 billion. Despite a consensus Wall Street target price of $244, the analysis model predicts Salesforce's stock could reach $304 by March 2, 2027, with a $300 target requiring only a 17% increase and no P/E expansion. The company's accelerated share repurchase program is expected to conclude by October 2026, repurchasing approximately 14% of outstanding shares at an average price of $176.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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