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SAP SE (CH:SAP)
:SAP
Switzerland Market

SAP SE (SAP) Stock Forecast & Price Target

4 Followers
See the Price Targets and Ratings of:

SAP Analyst Ratings

Moderate Buy
20Ratings
Moderate Buy
15 Buy
4 Hold
1 Sell
Based on 20 analysts giving stock ratings to
SAP
SE
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

SAP Stock 12 Month Forecast

Average Price Target

CHF194.03
▲(39.59% Upside)
Based on 20 Wall Street analysts offering 12 month price targets for SAP SE in the last 3 months. The average price target is CHF194.03 with a high forecast of CHF255.62 and a low forecast of CHF157.44. The average price target represents a 39.59% change from the last price of CHF139.00.
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Highest Price TargetCHF255.62Average Price TargetCHF194.03Lowest Price TargetCHF157.44
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
UBS
CHF189.86
Buy
36.59%
Upside
Reiterated
06/19/26
UBS Reaffirms Their Buy Rating on SAP SE (0NW4)
Berenberg Bank Analyst forecast on CH:SAP
Berenberg Bank
Berenberg Bank
CHF199.12
Buy
43.25%
Upside
Reiterated
06/19/26
Berenberg Bank Keeps Their Buy Rating on SAP SE (0NW4)
Bernstein Analyst forecast on CH:SAP
Unknown Analyst
Bernstein
Not Ranked
Bernstein
CHF255.62
Buy
83.90%
Upside
Reiterated
06/17/26
SAP SE (0NW4) Receives a Buy from Bernstein
J.P. Morgan Analyst forecast on CH:SAP
J.P. Morgan
J.P. Morgan
CHF162.08
Hold
16.60%
Upside
Reiterated
06/11/26
J.P. Morgan Sticks to Its Hold Rating for SAP SE (0NW4)
Bank of America Securities Analyst forecast on CH:SAP
Bank of America Securities
Bank of America Securities
CHF194.49
Buy
39.92%
Upside
Reiterated
06/11/26
Analyst Reiterates Buy on SAP, Keeps $210 Price Target Amid Strong AI Positioning and Attractive Valuation
Deutsche Bank  Analyst forecast on CH:SAP
Deutsche Bank
Deutsche Bank
CHF185.23
Buy
33.26%
Upside
Reiterated
05/18/26
SAP SE (0NW4) Gets a Buy from Deutsche Bank
Jefferies
CHF213.01
Buy
53.25%
Upside
Reiterated
05/14/26
SAP’s AI Strategy Gains Momentum as Brennan Reiterates Buy Rating and Maintains $230 Price Target
TD Cowen Analyst forecast on CH:SAP
TD Cowen
TD Cowen
CHF199.12CHF180.6
Buy
29.93%
Upside
Reiterated
05/14/26
SAP Price Target Trimmed to $195 as Enhanced Joule-Led AI Strategy Underpins Buy Rating
Wells Fargo Analyst forecast on CH:SAP
Wells Fargo
Wells Fargo
CHF231.54
Buy
66.57%
Upside
Reiterated
05/14/26
Wells Fargo Sticks to Its Buy Rating for SAP SE (0NW4)
Barclays Analyst forecast on CH:SAP
Barclays
Barclays
CHF203.75
Buy
46.58%
Upside
Reiterated
05/05/26
Barclays Remains a Buy on SAP SE (0NW4)
Erste Group Analyst forecast on CH:SAP
Erste Group
Erste Group
Hold
Reiterated
05/04/26
Erste Group Reaffirms Their Hold Rating on SAP SE (0NW4)
Morgan Stanley Analyst forecast on CH:SAP
Morgan Stanley
Morgan Stanley
CHF175.97
Buy
26.60%
Upside
Reiterated
04/30/26
SAP SE (0NW4) Receives a Buy from Morgan Stanley
Evercore ISI Analyst forecast on CH:SAP
Evercore ISI
Evercore ISI
CHF185.23CHF162.08
Hold
16.60%
Upside
Reiterated
04/24/26
SAP price target lowered to EUR 175 from EUR 200 at Evercore ISISAP price target lowered to EUR 175 from EUR 200 at Evercore ISI
Banco Santander Analyst forecast on CH:SAP
Banco Santander
Banco Santander
CHF178.75
Buy
28.59%
Upside
Upgraded
04/24/26
SAP upgraded to Outperform from Neutral at Grupo SantanderSAP upgraded to Outperform from Neutral at Grupo Santander
KeyBanc
CHF217.64
Buy
56.58%
Upside
Reiterated
04/24/26
SAP SE (0NW4) Gets a Buy from KeyBanc
Analyst Type
Any
Any
Human Analysts
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
UBS
CHF189.86
Buy
36.59%
Upside
Reiterated
06/19/26
UBS Reaffirms Their Buy Rating on SAP SE (0NW4)
Berenberg Bank Analyst forecast on CH:SAP
Berenberg Bank
Berenberg Bank
CHF199.12
Buy
43.25%
Upside
Reiterated
06/19/26
Berenberg Bank Keeps Their Buy Rating on SAP SE (0NW4)
Bernstein Analyst forecast on CH:SAP
Unknown Analyst
Bernstein
Not Ranked
Bernstein
CHF255.62
Buy
83.90%
Upside
Reiterated
06/17/26
SAP SE (0NW4) Receives a Buy from Bernstein
J.P. Morgan Analyst forecast on CH:SAP
J.P. Morgan
J.P. Morgan
CHF162.08
Hold
16.60%
Upside
Reiterated
06/11/26
J.P. Morgan Sticks to Its Hold Rating for SAP SE (0NW4)
Bank of America Securities Analyst forecast on CH:SAP
Bank of America Securities
Bank of America Securities
CHF194.49
Buy
39.92%
Upside
Reiterated
06/11/26
Analyst Reiterates Buy on SAP, Keeps $210 Price Target Amid Strong AI Positioning and Attractive Valuation
Deutsche Bank  Analyst forecast on CH:SAP
Deutsche Bank
Deutsche Bank
CHF185.23
Buy
33.26%
Upside
Reiterated
05/18/26
SAP SE (0NW4) Gets a Buy from Deutsche Bank
Jefferies
CHF213.01
Buy
53.25%
Upside
Reiterated
05/14/26
SAP’s AI Strategy Gains Momentum as Brennan Reiterates Buy Rating and Maintains $230 Price Target
TD Cowen Analyst forecast on CH:SAP
TD Cowen
TD Cowen
CHF199.12CHF180.6
Buy
29.93%
Upside
Reiterated
05/14/26
SAP Price Target Trimmed to $195 as Enhanced Joule-Led AI Strategy Underpins Buy Rating
Wells Fargo Analyst forecast on CH:SAP
Wells Fargo
Wells Fargo
CHF231.54
Buy
66.57%
Upside
Reiterated
05/14/26
Wells Fargo Sticks to Its Buy Rating for SAP SE (0NW4)
Barclays Analyst forecast on CH:SAP
Barclays
Barclays
CHF203.75
Buy
46.58%
Upside
Reiterated
05/05/26
Barclays Remains a Buy on SAP SE (0NW4)
Erste Group Analyst forecast on CH:SAP
Erste Group
Erste Group
Hold
Reiterated
05/04/26
Erste Group Reaffirms Their Hold Rating on SAP SE (0NW4)
Morgan Stanley Analyst forecast on CH:SAP
Morgan Stanley
Morgan Stanley
CHF175.97
Buy
26.60%
Upside
Reiterated
04/30/26
SAP SE (0NW4) Receives a Buy from Morgan Stanley
Evercore ISI Analyst forecast on CH:SAP
Evercore ISI
Evercore ISI
CHF185.23CHF162.08
Hold
16.60%
Upside
Reiterated
04/24/26
SAP price target lowered to EUR 175 from EUR 200 at Evercore ISISAP price target lowered to EUR 175 from EUR 200 at Evercore ISI
Banco Santander Analyst forecast on CH:SAP
Banco Santander
Banco Santander
CHF178.75
Buy
28.59%
Upside
Upgraded
04/24/26
SAP upgraded to Outperform from Neutral at Grupo SantanderSAP upgraded to Outperform from Neutral at Grupo Santander
KeyBanc
CHF217.64
Buy
56.58%
Upside
Reiterated
04/24/26
SAP SE (0NW4) Gets a Buy from KeyBanc
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Find stocks in the General sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering SAP SE

3 Months
Knut WollerBaader Bank
Success Rate
36/51 ratings generated profit
71%
Average Return
+5.14%
Copying Knut Woller's trades and holding each position for 3 Months would result in 70.59% of your transactions generating a profit, with an average return of +5.14% per trade.
1 Year
Knut WollerBaader Bank
Success Rate
36/51 ratings generated profit
71%
Average Return
+17.83%
Copying Knut Woller's trades and holding each position for 1 Year would result in 70.59% of your transactions generating a profit, with an average return of +17.83% per trade.
2 Years
Knut WollerBaader Bank
Success Rate
35/51 ratings generated profit
69%
Average Return
+27.53%
Copying Knut Woller's trades and holding each position for 2 Years would result in 68.63% of your transactions generating a profit, with an average return of +27.53% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

SAP Analyst Recommendation Trends

Rating
Feb 26
Mar 26
Apr 26
May 26
Jun 26
Strong Buy
12
14
12
12
12
Buy
19
20
25
26
21
Hold
1
2
7
8
8
Sell
1
1
1
1
1
Strong Sell
0
0
0
0
0
total
33
37
45
47
42
In the current month, SAP has received 33 Buy Ratings, 8 Hold Ratings, and 1 Sell Ratings. SAP average Analyst price target in the past 3 months is 194.03.
Each month's total comprises the sum of three months' worth of ratings.

SAP Financial Forecast

SAP Earnings Forecast

Next quarter’s earnings estimate for SAP is CHF1.63 with a range of CHF1.56 to CHF1.75. The previous quarter’s EPS was CHF1.59. SAP beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 57.89% of the time in the same period. In the last calendar year SAP has Performed in-line its overall industry.
Next quarter’s earnings estimate for SAP is CHF1.63 with a range of CHF1.56 to CHF1.75. The previous quarter’s EPS was CHF1.59. SAP beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 57.89% of the time in the same period. In the last calendar year SAP has Performed in-line its overall industry.

SAP Sales Forecast

Next quarter’s sales forecast for SAP is CHF9.08B with a range of CHF8.94B to CHF9.15B. The previous quarter’s sales results were CHF8.81B. SAP beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 53.24% of the time in the same period. In the last calendar year SAP has Performed in-line its overall industry.
Next quarter’s sales forecast for SAP is CHF9.08B with a range of CHF8.94B to CHF9.15B. The previous quarter’s sales results were CHF8.81B. SAP beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 53.24% of the time in the same period. In the last calendar year SAP has Performed in-line its overall industry.

SAP Stock Forecast FAQ

What is CH:SAP’s average 12-month price target, according to analysts?
Based on analyst ratings, SAP SE’s 12-month average price target is 194.03.
    What is CH:SAP’s upside potential, based on the analysts’ average price target?
    SAP SE has 39.59% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is SAP SE a Buy, Sell or Hold?
          SAP SE has a consensus rating of Moderate Buy, which is based on 15 buy ratings, 4 hold ratings and 1 sell ratings.
            What is SAP SE’s share price target?
            The average share price target for SAP SE is 194.03. This is based on 20 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst share price target is CHF255.62 ,and the lowest forecast is CHF157.44. The average share price target represents 39.59% Increase from the current price of CHF139.
              What do analysts say about SAP SE?
              SAP SE’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 20 Wall Streets Analysts.
                How can I buy shares of SAP SE?
                To buy shares of CH:SAP, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.