Salesforce Shares Surge 12%, with Attention Turning to Organic Growth Challenge
Salesforce (NYSE:CRM) shares surged 12.4% last week, closing at $184.02, outperforming the S&P 500. While the stock saw significant gains, especially early in the week, attention is now focused on the company's ability to demonstrate accelerated organic revenue growth in the latter half of FY27, as current Q2 guidance indicates a lower organic growth rate compared to Q1. Despite the recent rally, the stock remains 31.6% below its 52-week peak, and analysts' price targets suggest potential upside but also reflect significant uncertainty.
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