{"version":1,"type":"story","url":"https://digestai.news/story/24-7-wall-st-predicts-salesforce-stock-at-348-23-with-48-76-upside","json":"https://digestai.news/story/24-7-wall-st-predicts-salesforce-stock-at-348-23-with-48-76-upside.json","markdown":"https://digestai.news/story/24-7-wall-st-predicts-salesforce-stock-at-348-23-with-48-76-upside.md","slug":"24-7-wall-st-predicts-salesforce-stock-at-348-23-with-48-76-upside","headline":"24/7 Wall St. predicts Salesforce stock at $348.23 with 48.76% upside","summary":"24/7 Wall St. forecasts Salesforce’s stock will rise to $348.23, a 48.76% increase from its $234.08 close, based on its valuation model. The prediction hinges on Salesforce’s AI-driven growth—Agentforce and Data 360 revenue hit nearly $3.9 billion, up 210% year-over-year—while trading at a lower 14x forward earnings multiple than Microsoft (25x) and ServiceNow (28x). The analysis cites strong Q2 FY27 earnings, with revenue at $11.345 billion (up 10.83%) and non-GAAP EPS of $5.90, exceeding estimates. However, debt rose to $39.3 billion, and many customers remain in pilot stages, risking slower adoption.\n\nThe bull case assumes continued AI momentum and a $25 billion buyback program, while bears warn of cash flow pressure and integration challenges with Informatica. Wall Street’s consensus target is lower, at $281.08, but the model rates Salesforce a ‘buy’ with 90% confidence, pending second-half revenue reacceleration.","keyPoints":["24/7 Wall St. predicts Salesforce stock at $348.23, a 48.76% gain from current $234.08","Agentforce and Data 360 revenue hit $3.9B, up 210% year-over-year, but many customers still in pilot mode","Salesforce trades at 14x forward earnings, below Microsoft’s 25x and ServiceNow’s 28x multiples"],"whyItMatters":"Salesforce’s lower valuation relative to peers like Microsoft and ServiceNow could attract investors betting on AI-driven growth. However, execution risks—pilot stalls, debt, or integration issues—could derail the forecast.","category":{"slug":"business","name":"Business & Funding","url":"https://digestai.news/category/business"},"entities":{"companies":["Salesforce","Microsoft","ServiceNow","24/7 Wall St.","Informatica"],"models":[],"people":["Marc Benioff"]},"firstPublishedAt":"2026-09-29T07:00:00Z","updatedAt":"2026-09-29T07:00:00Z","sourceCount":1,"hasPrimarySource":false,"sources":[{"outlet":"247wallst.com","title":"Salesforce Price Prediction: The Cheapest Way to Own AI Software","url":"https://247wallst.com/investing/2026/09/29/salesforce-price-prediction-the-cheapest-way-to-own-ai-software","publishedAt":"2026-09-29T07:00:00Z","type":"press","primary":false,"lead":true}],"sourceNotes":null,"discussions":[],"thread":{"title":"Wall Street Boosts Tech Giants On AI Momentum","url":"https://digestai.news/thread/oppenheimer-says-microsoft-azure-and-m365-can-sustain-acceleration-in-fiscal","storyCount":3},"cite":{"text":"Digest AI, \"24/7 Wall St. predicts Salesforce stock at $348.23 with 48.76% upside\", 29 September 2026, https://digestai.news/story/24-7-wall-st-predicts-salesforce-stock-at-348-23-with-48-76-upside","publisher":"Digest AI","title":"24/7 Wall St. predicts Salesforce stock at $348.23 with 48.76% upside","datePublished":"2026-09-29T07:00:00Z","url":"https://digestai.news/story/24-7-wall-st-predicts-salesforce-stock-at-348-23-with-48-76-upside"},"generatedBy":"Written by Digest AI's editorial model from the linked sources; the sources are the record.","license":"Headlines, digests and key points are written by Digest AI and may be quoted with a link to the story page. Linked articles belong to their publishers. Terms: https://digestai.news/terms#reuse"}