Salesforce: Mixed Cloud Momentum and Delayed Reacceleration Justify Neutral Rating

Tyler Radke, an analyst from Citi, maintained the Hold rating on Salesforce. The associated price target remains the same with $197.00.

Tyler Radke has given his Hold rating due to a combination of factors tied to Salesforce’s mixed underlying performance and limited expected upside in the share price. While management highlighted solid net‑new order momentum, particularly in Sales Cloud and newer offerings like Agentforce, these gains are not yet fully translating into visible revenue acceleration, and organic results were pressured by weaker trends in Tableau, Mulesoft, and Marketing/Commerce clouds.

Radke also notes that management’s confidence in a revenue reacceleration is more weighted toward the back half of FY27, meaning investors may need to wait to see clear proof of improvement in reported growth. With marketing and commerce expected to remain a drag and the projected share price return of roughly 2.7% offering only modest upside, the risk‑reward profile appears balanced rather than compelling, supporting a neutral, or Hold, stance on the stock.

According to TipRanks, Radke is a 3-star analyst with an average return of 1.4% and a 44.24% success rate. Radke covers the Technology sector, focusing on stocks such as Microsoft, Salesforce, and ServiceNow.

In another report released today, UBS also maintained a Hold rating on the stock with a $200.00 price target.