Salesforce Stock Surges as Wall Street Hikes AI-Driven Price Targets
Salesforce Inc.'s stock has been trending up by 13.17% as Wall Street analysts become increasingly bullish on its AI-driven cloud offerings.
The company's revenue runs around $41.5 billion annually, with gross margin near 77.6% and EBIT margin at 24.7%. Free cash flow for the recent quarter came in near $6.56 billion, supporting a reasonable price-to-free-cash multiple around 6.3.
The AI growth story is driving expectations for revenue re-acceleration into 2027, with several firms lifting their Salesforce targets into the low-to-mid $200s ahead of fiscal Q2 earnings.