# 24/7 Wall St. predicts Salesforce stock at $348.23 with 48.76% upside

Digest AI · Business & Funding · published 2026-09-29T07:00:00Z

Canonical: https://digestai.news/story/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.

The 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.

## Key points

- 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

## Why it matters

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.

## Sources

1. [Salesforce Price Prediction: The Cheapest Way to Own AI Software](https://247wallst.com/investing/2026/09/29/salesforce-price-prediction-the-cheapest-way-to-own-ai-software) (247wallst.com, 2026-09-29)

Part of the developing story: [Wall Street Boosts Tech Giants On AI Momentum](https://digestai.news/thread/oppenheimer-says-microsoft-azure-and-m365-can-sustain-acceleration-in-fiscal) (3 stories)

## Cite

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

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