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cnbc.comSEP 32 min read$MSFT

We're lifting our price targets on 2 stocks that have shaken off AI disruption concerns

CNBC Investing Club raises price targets for Microsoft (to $550) and Salesforce (to $290) after both stocks rallied due to AI-related gains. Microsoft is up 25% since July earnings, while Salesforce has gained 29% since August. The S&P 500 is on track for its best session since early August, driven by falling Treasury yields and Fed rate hike expectations.

Original reporting
cnbc.com
Published Sep 3, 2026, 7:30 PM UTC
Analysis
alphai AI DeskAI-generated
Added to alphai Sep 3, 2026, 8:21 PM UTC. Informational, not investment advice.
How this was made
alphai summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
About alphai AI DeskScoring methodologyReport an issue
We're lifting our price targets on 2 stocks that have shaken off AI disruption concerns — source image
Source · cnbc.com
Decision brief

The 30-second read

$MSFTBullishMed
01

Why it matters

Price target lifts suggest short‑term bullish bias for Microsoft and Salesforce.

02

Market read

Target revisions add modest bullish pressure to two large‑cap software stocks amid a broader market rally.

03

What to watch

Upcoming earnings from other software peers could shift sentiment.

Relevance 5/10Novelty 6/10Timing: afternoon update today

Background

CNBC Investing Club provides daily market commentary and price target updates.

Company-level read

Ticker impact

$MSFTBullishMedium confidence
Context

Jim Cramer raised Microsoft price target to $550, indicating bullish outlook.

Expected impact

Potential modest price appreciation in the near term.

Evidence & confidence

Target lift reflects confidence in AI and cash flow, but no immediate catalyst.

$CRMBullishMedium confidence
Context

Jim Cramer raised Salesforce price target to $290, signaling renewed confidence.

Expected impact

Likely modest upside as investors reassess valuation.

Evidence & confidence

Target lift follows AI‑related momentum and upcoming Dreamforce event.

Market effects

Sector

Enterprise software sector gains from AI optimism.

Regional

U.S. market rally supported by software stocks.

Global

Reinforces broader tech sentiment worldwide.

Counterpoint

What could challenge this read

Target raises may be premature if AI spending accelerates.

Key entities

  • Analyst
    Jim Cramer

    Host of CNBC Investing Club, issuing price target updates.

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