Salesforce Stock Dips on Short-Term Pullback Despite Analyst Optimism

Salesforce stock closed at $242.85 on September 17, 2026, down 2.90 percent from its previous close due to investors locking in recent gains after a strong run-up in the share price.

Despite this short-term pullback, analysts have raised their price targets for the company's long-term growth, with Freedom Broker increasing its target to $295.00 and BMO Capital lifting its target to $285 from $260.

The latest catalyst for Salesforce stock is the company's long-term revenue outlook, which now projects annual revenue exceeding $63 billion by fiscal 2030, above Wall Street expectations of $60.66 billion for that year.