Salesforce Shares Soar as JPMorgan Sets $250 Price Target

Salesforce shares rose 4.85% to $205.65 on August 19, 2026, after JPMorgan set a price target of $250, implying a potential 22% gain based on current consensus earnings.

JPMorgan analyst Samik Chatterjee initiated coverage on August 13, stating concerns about AI disruption are 'overblown' and establishing a price target of $250 for December 2027.

The company's forecast for fiscal 2027 highlights remaining progress needed. An 11% increase in reported revenue combined with a 34.3% non-GAAP margin totals 45.3, but subtracting about three percentage points for acquisitions leaves the organic figure at around 42.3.