Salesforce Stock Could Reach $300 in Early 2027

Salesforce's recent earnings report has sent shockwaves through the market, and analysts are scrambling to recalculate their predictions for the company's stock price. Despite delivering one of its best quarters ever, with AI and data annual recurring revenue (ARR) set to cross $4 billion, Salesforce's stock is still down on the year.

The problem was sentiment, which got hammered in early 2026 when Anthropic's Claude plugins ignited fears that AI would erode software-as-a-service (SaaS) pricing power. The company's beta of 1.15 amplified every sector wobble, and its one-year return is a paltry 1.44%, with five-year holders down 2.26%.

However, the post-earnings 35.9% one-month rip signals that the market is reconsidering Salesforce's fundamentals. Analysts are being forced to reset their expectations, and bullish sentiment is already at 73% and climbing. Our model disagrees with Wall Street's consensus target of $244.02, instead predicting a base case of $350.76 (37% upside), optimistic $394.98, or conservative $285.04.

The path to $300 from today's price of $256 requires a gain of 17.2%, which is essentially zero multiple expansion. This is a delivery story with no re-rating required, and Salesforce has already delivered six consecutive EPS beats, with EPS growing 118.9% year over year.