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SAP SE (SAP): analyst forecast and price target

$224 −0.32% close 16.10.26 · market cap $258B · Technology · Software - Application
Price targets and ratings of

Analyst consensus

Strong Buy

6 Buy1 Hold0 Sell

Ratings of 7 analysts in the last 3 months

12-month forecast

$251+11.9% upside

Based on 7 price targets given in the last 3 months, the average target is $251, the highest $265, the lowest $235. The average is +11.9% from the last price of $224.

$150$200$250Jan 26AprJulOctJan 27AprJulOctHigh$265Average$251Low$235
Highest target $265 Average target $251 Lowest target $235
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Derrick Wood★★★★★★★★★★#9294 · hits 45% · avg −0.3% TD Cowen $205 → $250+22.0% Buy +11.5% Assigned 15.10.26on TipRanks 08:15 +1.8%next day +0.8%
Raimo Lenschow★★★★★★★★★★#1639 · hits 52% · avg +7.0% Barclays $242 → $243+0.4% Buy +8.3% Reiterated 12.10.26on TipRanks 07:35 +1.5%next day +0.9%
Keith Bachman★★★★★★★★★★#1304 · hits 53% · avg +8.0% BMO Capital $177 → $235+32.8% Buy +4.8% Reiterated 08.10.26on TipRanks 07:35 +1.5%next day +0.5% · 5 days +6.2%
Frederic Boulan★★★★★★★★★★#3508 · hits 51% · avg +7.3% Bank of America Securities $253 Buy +13.0% Reiterated 07.10.26on TipRanks 10:55 +0.1%next day +1.5% · 5 days +5.9%
Charles Brennan★★★★★★★★★★#1111 · hits 60% · avg +9.3% Jefferies $250 → $260+4.0% Buy +15.9% Reiterated 22.09.26on TipRanks 14:10 +0.7%next day +0.7% · 5 days +1.3%
Joseph Bonner★★★★★★★★★★#543 · hits 65% · avg +13.3% Argus Research $215 → $265+23.3% Buy +18.2% Assigned 09.09.26on TipRanks Sep 10 09:20 −0.6%next day −0.9% · 5 days +3.0%
Raimo Lenschow★★★★★★★★★★#1639 · hits 52% · avg +7.0% Barclays $255 → $242−5.1% Buy +7.9% Reiterated 27.07.26on TipRanks 08:13 +6.9%next day +4.5% · 5 days +8.4%
Unknown Analyst Oppenheimer — Hold — Reiterated 24.07.26on TipRanks 16:00 +6.9%next day +4.5% · 5 days +8.4%
Derrick Wood★★★★★★★★★★#9294 · hits 45% · avg −0.3% TD Cowen $210 → $205−2.4% Buy −8.6% Reiterated 24.07.26on TipRanks 08:01 +9.2%next day +6.9% · 5 days +13.7%
Keith Bachman★★★★★★★★★★#1304 · hits 53% · avg +8.0% BMO Capital $175 → $177+1.1% Buy −21.1% Reiterated 24.07.26on TipRanks 05:13 +9.2%next day +6.9% · 5 days +13.7%
Richard Nguyen★★★★★★★★★★#1318 · hits 68% · avg +13.0% Bernstein — Buy — Reiterated 13.07.26on TipRanks 08:46 +2.1%next day −3.6% · 5 days −0.1%
Unknown Analyst Piper Sandler — Hold — Downgrade 14.04.26on TipRanks Apr 15 05:55 −2.3%next day +2.2% · 5 days +3.8%
Unknown Analyst Goldman Sachs $373 → $311−16.6% Buy +38.7% Reiterated 04.02.26on TipRanks 22:05 +0.1%next day +1.1% · 5 days +2.7%
Adam Wood★★★★★★★★★★#1939 · hits 55% · avg +8.2% Morgan Stanley $284 Buy +26.6% Initiated 30.01.26on TipRanks Feb 20 05:50 +0.7%next day +2.6% · 5 days +1.3%
Patrick Walravens★★★★★★★★★★#2227 · hits 46% · avg +6.1% Citizens JMP — Hold — Downgrade 30.01.26on TipRanks 04:45 +0.7%next day +2.6% · 5 days +1.3%
Maurice Choy★★★★★★★★★★#441 · hits 72% · avg +15.8% RBC Capital $29.59 Buy −86.8% Reiterated 07.11.25on TipRanks Dec 31 08:05 −0.9%next day −1.6% · 5 days −2.9%
Balajee Tirupati★★★★★★★★★★#10401 · hits 48% · avg −3.2% Citi — Buy — Reiterated 23.10.25on TipRanks Oct 24 05:30 +0.2%next day −4.0% · 5 days −8.1%

Every rating the collector has kept for the last 12 months, including the earlier ones of the same analyst. Latest of each analyst

Best analysts covering SAP SE

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months Joseph Bonner★★★★★★★★★★Argus Research · #543
Hits 65%226 of 348 Average return +13.3%
1 year Frederic Boulan★★★★★★★★★★Bank of America Securities · #3508
Hits 51%39 of 77 Average return +7.3%
2 years Joseph Bonner★★★★★★★★★★Argus Research · #543
Hits 65%226 of 348 Average return +13.3%

Most profitable

3 months Joseph Bonner★★★★★★★★★★Argus Research · #543
Hits 65%226 of 348 Average return +13.3%
1 year Frederic Boulan★★★★★★★★★★Bank of America Securities · #3508
Hits 51%39 of 77 Average return +7.3%
2 years Frederic Boulan★★★★★★★★★★Bank of America Securities · #3508
Hits 51%39 of 77 Average return +7.3%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 07.10.26: target $230 at a price of $210 (+9.2%); now: $251 at $224 (+11.9%).

$220$240Sep 15Oct 1Oct 15Top analysts$251Average target$251Price$224

PriceAverage targetTop analysts’ target

Recommendation trend

051082Oct 2591Nov81Dec91Jan 26281Feb471Mar552Apr372May192Jun1101Jul191Aug1111Sep9Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy311110
Buy79109119
Hold221110
Sell000000

Earnings and sales forecast

Next report: 21.10.26 (Q3 2026, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $2.04 (from $1.91 to $2.19). Last quarter: $1.81.

Sales

Next quarter’s sales estimate — $11.4B (from $11.2B to $11.7B). Last quarter: $11.5B.

Best top-analyst consensus in the sector · Technology

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CLSnot in our ETFs
About SAP SE
  • CEO: Christian Klein
  • Employees: 112,019
  • Dietmar-Hopp-Allee 16, Walldorf, BW, 69190, DE
  • www.sap.com

SAP SE, founded in Walldorf, Germany, in 1972, is a global provider of diverse software applications, technology, and services. The company's core enterprise resource planning (ERP) platform, SAP S/4HANA, offers robust functionalities for finance, risk management, project execution, procurement, manufacturing, supply chain optimization, asset management, and research and development. For human resources, SAP delivers SuccessFactors solutions, which encompass HR and payroll, talent and employee experience management, and comprehensive people and workforce analytics. Additionally, SAP provides spend management tools designed to handle direct and indirect expenditures, travel and expense reporting, and external workforce administration. SAP further extends its portfolio with customer experience solutions and the SAP Business Technology Platform, empowering both clients and partners to develop, integrate, and automate applications. Its SAP Business Network serves as a crucial business-to-business collaboration platform, digitizing key supply chain processes and facilitating seamless communication among trading partners. The company also offers SAP Signavio for discovering, analyzing, and enhancing business process operations, alongside modular industry-specific cloud solutions. Through Taulia, SAP provides working capital management solutions, helping customers improve liquidity visibility and mitigate the effects of inflation. Completing its extensive offerings, SAP also provides a range of sustainability solutions and services.

Data from the stock’s TipRanks forecast page, read 24 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗