Jefferies Sticks to Buy Rating on Salesforce Stock Despite Recent Volatility
Salesforce stock is trading near levels seen after its latest earnings-driven move and Dreamforce volatility, with recent data showing shares around USD 237.90 on the New York Stock Exchange as of September 21, 2026.
Jefferies reiterates a Buy rating on Salesforce stock with a target price of USD 300, implying notable upside from its last close of USD 237.92 on September 18, 2026.
The unchanged USD 300 target suggests that Jefferies sees room for further gains if Salesforce delivers on its growth and margin ambitions.
According to a discounted cash flow analysis published by GuruFocus, Salesforce's earnings-based DCF intrinsic value is estimated at USD 526.25 per share, with a free cash flow-based value of USD 525.81, both far above the current market price.