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Salesforce Stock Falls Despite Bullish Price Targets and Revenue Projections

Guavy AI Editorial Team
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CRM
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Salesforce shares fell by 2% to around $245 on Thursday afternoon, despite several analysts reaffirming their Buy ratings and lifting price targets.

The company's flagship annual Dreamforce conference is wrapping up, with Salesforce maintaining its fiscal 2030 revenue target of $63 billion at the event.

Analysts from Stifel, Canaccord Genuity, Freedom Capital, and Guggenheim all raised their price targets for Salesforce stock, with some predicting significant upside potential.

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