On September 23, Salesforce.com rose 3.05% in regular trading, trading at $240.81/share, with turnover of $1.065 billion, as the broader AI application software sector rallied.

The move was driven by continued positive momentum from Salesforce's annual Dreamforce conference (September 15-17), during which the company unveiled a wave of AI partnerships and products. Multiple investment banks subsequently raised their price targets: Baird and Stifel both lifted to $300, BMO to $285, and Mizuho to $280. The company also issued a 2030 fiscal year revenue target exceeding $63 billion, well above the analyst consensus of $61.4 billion.

Key announcements included the launch of AIforce, a new product suite integrating Claudeforce, Slackforce, and Agentforce Coworker, as well as a joint CRM reasoning model called Koa developed with Nvidia. Salesforce also expanded AI collaborations with AWS, Google Cloud, Siemens, and OpenAI. However, UBS cautioned that AIforce's price point may be too high for near-term traction, and RBC noted pricing uncertainty remains a friction point.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)