Salesforce (ISIN US79466L3024) stock is trading at around USD 257.54 as of August 31, 2026 on the New York Stock Exchange, close to its recent closing high, after a strong run on the back of robust quarterly figures and higher guidance reported in late August 2026.
Record Q2 2026 figures fuel confidence
According to a Zacks Investment Ideas feature published August 31, 2026, Salesforce reported Q2 fiscal 2027 revenue of USD 11.34 billion, an increase of nearly 11 percent year over year and slightly above the cited consensus of USD 11.31 billion, underlining solid demand for its cloud-based customer relationship management platform.
The same Zacks analysis notes that adjusted net income in Q2 reached USD 3.53 billion, translating into adjusted earnings per share of USD 5.90, up 103 percent from USD 2.91 a year earlier and far ahead of expectations of USD 3.27, highlighting how aggressively profitability has improved alongside revenue growth.
Operating cash flow in the quarter rose 71 percent to USD 1.3 billion and free cash flow jumped 81 percent to USD 1.1 billion, while current remaining performance obligations increased 14 percent to USD 33.5 billion, signaling a growing backlog of contracted future revenue that many investors see as a key support for the investment case.
Raised guidance and consensus context
In the same Q2 update, management raised its fiscal 2027 revenue guidance to a range of USD 46.1 billion to USD 46.4 billion, implying around 11 percent growth versus the prior year and nudging the outlook higher from the earlier band of USD 45.9 billion to USD 46.2 billion, a move that supports the recent strength in Salesforce stock.
The company also lifted its fiscal 2027 adjusted EPS guidance to between USD 16.67 and USD 16.71, up from a previous range of USD 14.06 to USD 14.12, which represents expected earnings growth of roughly 33 percent and reflects both operational improvements and strategic investment gains already realized in the year.
For the upcoming Q3 fiscal 2027 period, Salesforce expects revenue between USD 11.42 billion and USD 11.50 billion, corresponding to year-over-year growth of 11 to 12 percent, which keeps the growth profile firmly in double-digit territory and sets a clear benchmark for investors monitoring whether the recent share price gains remain fundamentally supported.
More on Salesforce stock and fundamentals
Investors who want to track Salesforce stock and its latest financial disclosures can find additional data and filings overview
Salesforce stock news and pricesInvestor Relations
Analyst attention and price targets
Fresh analyst commentary continues to shape expectations around Salesforce stock, with an MT Newswires note on September 1, 2026 reporting that CICC has adjusted its price target to USD 304 from USD 200 while maintaining an outperform rating, a significant 52 percent increase in the target level that underscores growing confidence in the companys earnings trajectory.
A separate commentary on September 1, 2026 discussing Salesforce stock notes that Wall Street consensus stands at about USD 244.02 per share, which is already below a recent spot price of around USD 256, indicating that the stock is trading modestly above the average target even as some individual houses, such as CICC, see scope for further upside.
An in-depth analyst aggregation dated September 1, 2026 highlights that coverage of Salesforce currently includes 33 buy ratings, several outperform stances, and a number of hold recommendations, with an average price target of USD 267 and a median of USD 269, only a few percent above a closing level of USD 258, suggesting that many analysts see the recent rally as largely pricing in near-term expectations.
Cloud CRM platform and product perspective
Salesforce generates the bulk of its revenue from its flagship Customer 360 platform, which integrates core products such as Sales Cloud, Service Cloud and marketing applications into a unified environment to help enterprises manage customer relationships across channels and segments.
In its recent communications, the company has emphasized strong adoption of data and AI driven solutions, including offerings such as Data Cloud and its newer Agentforce and related automation products, with one analysis citing USD 3.9 billion in annual recurring revenue from Agentforce and Data 360 combined and a high number of average weekly users, illustrating the scale at which these newer pillars contribute to the overall business.
Salesforce stock level and market data
MarketWatch data for CRM show that Salesforce stock closed at USD 257.54 on the New York Stock Exchange on August 31, 2026, representing a gain of USD 1.54 or 0.60 percent compared with the previous close, and placing the shares near recent highs after a strong move in recent weeks.
A regional financial portal quoting the same closing price of USD 257.54 as of September 1, 2026 notes that the stock traded between an open of USD 254.39 and higher intraday levels, with after hours indications around USD 258.06, which means the latest quoted price is only modestly above the official close but still reflects resilience following the Q2 2026 results.
Salesforce stock key data
- Company: Salesforce Inc.
- ISIN: US79466L3024
- Ticker: CRM
- Trading venue: NYSE
- Price (as of August 31, 2026, 16:00): 257.54 USD
- Market capitalization: 250,000,000,000 USD (as of August 31, 2026)
- Sector / Industry: Software / Cloud-based customer relationship management
- Index membership: S&P 500
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