Salesforce Stock Soars on JPMorgan Upgrade to Overweight

Salesforce stock has seen a significant jump in mid-August 2026 after JPMorgan upgraded its rating to overweight and set a higher price target of $250.

The stock closed at $201.37 on August 13, 2026, up 4.16% from the previous day's close, following the upgrade.

JPMorgan's new target implies a potential upside of 24.1% from the current price, setting a clear benchmark for investors.

The combination of double-digit revenue growth and mid-30s non-GAAP margin guidance has shaped expectations for both upside and risk in Salesforce stock.

Fiscal second-quarter results are scheduled for August 26, 2026, which will be the next major catalyst for the stock, providing clarity on Agentforce and Data 360 recurring revenue, as well as core growth excluding Informatica.