Salesforce Stock Holds Firm Amid Bullish Outlook
Salesforce stock closed at USD 234.69 on the NYSE on October 2, 2026, down 0.84 percent from USD 236.69. The company's adjusted earnings per share (EPS) of USD 5.90 exceeded consensus by USD 2.63, while revenue was USD 11.35 billion, up 10.8 percent year over year.
The strong Q2 earnings performance met expectations and reflected the company's continued growth in AI monetization. However, Salesforce also faces execution pressure as customers move from Agentforce trials to paid, scaled deployments.
Analysts remain bullish on Salesforce stock, with an average target of USD 274.80, a 17.1 percent increase above the current price. Wells Fargo raised its price target from USD 230 to USD 250 in September, but maintained an Equal Weight rating.
The next scheduled cash distribution is a USD 0.44 quarterly dividend payment on October 8, 2026.