Salesforce (NYSE: CRM) Price Target: Analyst Sees Significant Upside Despite Recent Stock Dip

• Analyst Richard Baldry set a $325 price target for Salesforce (NYSE: CRM), indicating a potential 83.09% upside from its $177.51 stock price.
• Salesforce reported strong fiscal 2027 first-quarter revenue of $11.13 billion, a 13% year-over-year increase, driven by accelerating AI solution adoption.
• Despite robust financial performance and a 21.10% GAAP operating margin, Salesforce stock experienced a 33% decline due to lower-than-expected second-quarter revenue guidance.

On May 28, 2026, Roth Capital analyst Richard Baldry set a price target of $325 for Salesforce (NYSE: CRM). At the time, the stock's price was $177.51, which represents a potential upside of approximately 83.09% based on the analyst's forecast.

Salesforce is a global software company known for its customer relationship management (CRM) platform. This platform helps businesses manage sales, service, and marketing activities. In its fiscal 2027 first quarter, the company reported what executives called an "outstanding" performance, achieving record revenue of $11.13 billion, a 13% increase year-over-year.

The analyst's optimistic view is supported by Salesforce's growth, which is largely driven by its AI solutions. The company's Agentforce AI products saw accelerating adoption, with its Annual Recurring Revenue (ARR) surpassing the $1 billion mark. CEO Marc Benioff described AI as the company's "biggest growth opportunity."

Despite strong results, Salesforce shares lost ground after its earnings release, as highlighted by Investopedia. The company's guidance for second-quarter revenue was on the low end of analyst expectations. This contributed to the stock's 33% decline since the start of 2026, making it the worst-performing stock in the Dow Jones Industrial Average.

However, the company's underlying financials show strength. Profitability improved, with the GAAP operating margin rising to 21.10%. The company also demonstrated strong customer demand by securing 98 deals valued at over $1 million each in new Annual Contract Value (ACV) during the first quarter.