Based on 13 Wall Street analysts offering 12 month price targets for SAP SE in the last 3 months. The average price target is €139.36 with a high forecast of €159.00 and a low forecast of €115.00. The average price target represents a 13.47% change from the last price of €122.82.

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     <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 11,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":104.675,"date":1669939200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Moderate Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 11,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":100.624,"date":1672963200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Moderate Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  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Highest Price Target€159.00

Average Price Target€139.36

Lowest Price Target€115.00

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

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Warburg Research

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Reiterated

2023-09-29

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Jefferies

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Reiterated

2023-09-25

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J.P. Morgan

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Reiterated

2023-09-22

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UBS

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Reiterated

2023-09-08

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DBS

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Reiterated

2023-09-07

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Goldman Sachs

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Reiterated

2023-09-06

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Baader Bank

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Reiterated

2023-08-07

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Bernstein

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Reiterated

2023-08-02

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Barclays

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Reiterated

2023-07-21

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Berenberg Bank

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Reiterated

2023-07-21

Johannes Schaller CFA

Deutsche Bank

€145.00

Buy

18.06%

Upside

Reiterated

2023-07-21

Frederic Boulan

Bank of America Securities

€147.36

Buy

19.98%

Upside

Reiterated

2023-07-21

We reiterate our Buy on SAP post Q2. After a strong Q1 and a bullish display at Sapphire mid-May, Q2 was mixed with revenues in line with expectations but hiding a weak mix, with Cloud revenues a 2.6% miss versus consensus (css), up 22% YoY, despite 79% growth at S4, driven by Infrastructure and Fieldglass declines. This was offset by a 14% beat on licences. As a results, SAP lowered the high end of its Cloud growth target, with cloud growth now seen at 23-24% vs 23-26% before – which assumes a pick up in growth from +22% in H1, consistently with the 1pp pick up in Current Cloud backlog in H2 2022. EBIT was strong, with non-IFRS EBIT up 28% in cc, a €130mln / 6.7% beat vs css. However, SAP only raised the FY EBIT guide by €50mln, implying a modest 2-8% growth in H2. FCF was strong as well, at €640mln, a 41% beat vs css.

Armin Kremser

DZ BANK AG

―

Hold

―

Reiterated

2023-07-21

Chandramouli Sriraman

Stifel Nicolaus

€145.00

Buy

18.06%

Upside

Reiterated

2023-06-14

Stifel Reiterates Buy Rating on SAP (SAP:GR) (SAP)Stifel analyst Chandramouli Sriraman reiterated a Buy rating and EUR145.00 price target on SAP (SAP:GR) (NYSE: SAP).

Adam Wood

Morgan Stanley

€140.00

Buy

13.99%

Upside

Reiterated

2023-05-18

SAP (SAP:GR) (SAP) PT Raised to EUR140 at Morgan StanleyMorgan Stanley analyst Adam Wood raised the price target on SAP (SAP:GR) (NYSE: SAP) to EUR140.00 (from EUR135.00) while maintaining a Overweight rating.

Best Analysts Covering SAP SE

Which Analyst Should I Follow If I Want to Buy DE:SAP and Sell After:

1 Month

Mark MoerdlerBernstein

Success Rate

18/21 ratings generated profit

Average Return

+3.41%

reiterated a buy rating 2 months ago

Copying Mark Moerdler's trades and holding each position for 1 Month would result in 85.71% of your transactions generating a profit, with an average return of +3.41% per trade.

dummydummy

Success Rate

0/0 ratings generated profit

Average Return

0.00%

a rating ―

Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.

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3 Months

Mark MoerdlerBernstein

Success Rate

16/21 ratings generated profit

Average Return

+5.23%

reiterated a buy rating 2 months ago

Copying Mark Moerdler's trades and holding each position for 3 Months would result in 76.19% of your transactions generating a profit, with an average return of +5.23% per trade.

dummydummy

Success Rate

0/0 ratings generated profit

Average Return

0.00%

a rating ―

Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.

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1 Year

Mark MoerdlerBernstein

Success Rate

16/21 ratings generated profit

Average Return

+13.67%

reiterated a buy rating 2 months ago

Copying Mark Moerdler's trades and holding each position for 1 Year would result in 76.19% of your transactions generating a profit, with an average return of +13.67% per trade.

2 Years

Adam WoodMorgan Stanley

Success Rate

16/17 ratings generated profit

Average Return

+12.47%

reiterated a buy rating 5 months ago

Copying Adam Wood's trades and holding each position for 2 Years would result in 94.12% of your transactions generating a profit, with an average return of +12.47% per trade.

dummydummy

Success Rate

0/0 ratings generated profit

Average Return

0.00%

a rating ―

Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.

Premium Content

Find out which analyst has the highest Average Return & Success Rate

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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.

Stocks with the Highest Top Analyst Consensus in the Technology Sector

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Find stocks in the Technology sector that are highly recommended by Top Performing Analysts.

SAP Financial Forecast

SAP Earnings Forecast

Next quarter’s earnings estimate for SAP is €1.37 with a range of €1.27 to €1.46. The previous quarter’s EPS was €1.07. SAP beat its EPS estimate 25.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 45.98% of the time in the same period. In the last calendar year SAP has Underperformed its overall industry.

SAP Sales Forecast

Next quarter’s sales forecast for SAP is €7.80B with a range of €7.63B to €8.06B. The previous quarter’s sales results were €7.55B. SAP beat its sales estimates 50.00% of the time in past 12 months, while its overall industry beat sales estimates 58.65% of the time in the same period. In the last calendar year SAP has Underperformed its overall industry.

SAP Analyst Recommendation Trends

In the current month, SAP has received 0 Buy ratings 0 Hold ratings, and 0 Sell ratings. The SAP average analyst price target in the past 3 months is €139.36

SAP Stock Forecast FAQ

What is DE:SAP’s average 12-month price target, according to analysts?

Based on analyst ratings, SAP SE’s 12-month average price target is €139.36.

What is DE:SAP’s upside potential, based on the analysts’ average price target?

SAP SE has 13.47% 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 conensus rating of Strong Buy, which is based on 10 buy ratings, 3 hold ratings and 0 sell ratings.

What is SAP SE’s share price target?

The average share price target for SAP SE is €139.36. This is based on 13 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is €159.00 ,and the lowest forecast is €115.00. The average share price target represents 13.47% Increase from the current price of €122.82.

What do analysts say about SAP SE?

SAP SE’s analyst rating consensus is a Strong Buy. This is based on the ratings of 13 Wall Streets Analysts.

How can I buy shares of SAP SE?

To buy shares of DE:SAP, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.

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SAP SE (SAP) Stock Forecast & Price Target

SAP Analyst Ratings

SAP Stock 12 Months Forecast

Average Price Target

Detailed List of Analyst Forecasts​

Best Analysts Covering SAP SE

SAP Financial Forecast

SAP Earnings Forecast

SAP Sales Forecast

SAP Analyst Recommendation Trends

SAP Stock Forecast FAQ

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Detailed List of Analyst Forecasts