Salesforce Sets Fiscal 2030 Revenue Target of $63 Billion

Salesforce shares fell over 8 percent across four sessions even as the company set a fiscal 2030 revenue target of $63 billion.

The revenue target exceeds the average analyst estimate of $61.4 billion as the software maker responds to AI competition.

UBS raised its price target for Salesforce to $260 from $240 while maintaining a Neutral rating.