Salesforce Stock Soars on Bold $60B 2030 Target; Analysts See Big Upside
Salesforce shares rose nearly 5% in pre-market trading Oct. 16, following CEO Marc Benioff’s $60 billion revenue target announcement at Dreamforce. CRM closed at $236.58 on Oct. 15, after hitting a multi-month low of $235.69 earlier in October. The stock remains down about 27–28% year-to-date. Salesforce reported $10.2 billion Q2 revenue and expanded its buyback program to $50 billion.