Salesforce stock gains 1.84 percent as Q2 revenue rises
Published on 09/24/2026 at 14:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Salesforce stock (ISIN US79466L3024) closed at USD 237.58 on the NYSE on September 23, 2026, up 1.84 percent from the previous close. The move came as investors weighed a second-quarter fiscal 2027 revenue increase of 10.8 percent to USD 11.35 billion, reported by Salesforce. The stock remains USD 31.53 below its 52-week high of USD 269.11.
Revenue clears the consensus mark
The quarter ended July 31, 2026, produced non-GAAP EPS of USD 5.90, up 102.7 percent year over year. According to Zacks, that result exceeded consensus by 80.43 percent, while revenue topped the consensus estimate by 0.25 percent.
The quality of the earnings mix is important. Salesforce reported GAAP diluted EPS of USD 4.29 and a GAAP operating margin of 20.5 percent, while the non-GAAP operating margin was 34.1 percent, according to the company release dated August 26, 2026.
Guidance points to double digit growth
Salesforce raised fiscal 2027 revenue guidance to USD 46.10 billion to USD 46.40 billion, compared with the previous range of USD 45.90 billion to USD 46.20 billion. The company also lifted non-GAAP EPS guidance to USD 16.67 to USD 16.71 from USD 14.06 to USD 14.12, according to Zacks.
The operational signal is current remaining performance obligation of USD 33.5 billion, up 14 percent year over year in constant currency. That backlog measure gives the guidance revision more weight than the investment gains that also lifted quarterly profit.
JPMorgan target stays above the market
JPMorgan kept Salesforce at Overweight with a USD 265 price target on September 17, 2026, according to Finanzen.net. The target stands USD 27.42 above the September 23 closing price, a difference of 11.54 percent.
Stock holds a wide yearly range
Salesforce shares traded within a 52-week range of USD 146.32 to USD 269.11 as of September 23, 2026. The company had a market capitalization of USD 194.578 billion on the same date, leaving the stock near the upper half of its yearly range while the latest results supplied a quantified earnings and guidance benchmark.
Salesforce stock at a glance
- Company: Salesforce, Inc.
- ISIN: US79466L3024
- Ticker: CRM
- Trading venue: NYSE
- Closing price (September 23, 2026): USD 237.58
- Market capitalization: USD 194.578 billion (as of September 23, 2026)
- 52-week range: USD 146.32-269.11 (as of September 23, 2026)
- Sector / Industry: Technology / Software - Application
