SAP (NYSE:SAP) Stock Lifted to Buy by Erste Group Bank

Key Points

• Erste Group Bank upgraded SAP from “hold” to “buy” and forecast earnings per share of $7.94 for fiscal 2026 and $9.36 for fiscal 2027.
• Analyst sentiment is generally positive: SAP has an overall “Moderate Buy” rating and an average price target of $258.83, with recent bullish target increases from BMO Capital Markets and Barclays.
• SAP shares opened at $234.12, compared with a 52-week range of $144.97 to $265.88; the company has a market capitalization of approximately $287.6 billion.

SAP (NYSE:SAP - Get Free Report) was upgraded by research analysts at Erste Group Bank from a "hold" rating to a "buy" rating in a report issued on Friday, Briefing.com reports. Erste Group Bank also issued estimates for SAP's FY2026 earnings at $7.94 EPS and FY2027 earnings at $9.36 EPS.

A number of other analysts have also recently commented on the stock. BMO Capital Markets upped their price target on shares of SAP from $235.00 to $265.00 and gave the company an "outperform" rating in a research note on Thursday, October 22nd. UBS Group lowered SAP from a "buy" rating to a "neutral" rating in a report on Wednesday, August 26th. Barclays lifted their price target on SAP from $243.00 to $288.00 and gave the company an "overweight" rating in a research report on Friday, October 23rd. Jefferies Financial Group reiterated a "buy" rating on shares of SAP in a research note on Thursday, October 22nd. Finally, Wells Fargo & Company reissued an "overweight" rating on shares of SAP in a report on Wednesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $258.83.

SAP Price Performance

Shares of NYSE SAP opened at $234.12 on Friday. The company has a current ratio of 1.16, a quick ratio of 1.15 and a debt-to-equity ratio of 0.18. The stock has a fifty day simple moving average of $217.56 and a two-hundred day simple moving average of $192.51. SAP has a 1-year low of $144.97 and a 1-year high of $265.88. The firm has a market cap of $287.61 billion, a price-to-earnings ratio of 28.59, a price-to-earnings-growth ratio of 2.86 and a beta of 1.13.

Institutional Trading of SAP

Several institutional investors and hedge funds have recently bought and sold shares of SAP. BOCHK Asset Management Ltd increased its stake in SAP by 1.4% in the third quarter. BOCHK Asset Management Ltd now owns 25,790 shares of the software maker's stock valued at $5,377,000 after acquiring an additional 350 shares during the last quarter. Signature Equity Partners LLC raised its position in SAP by 75.6% during the third quarter. Signature Equity Partners LLC now owns 158 shares of the software maker's stock valued at $33,000 after purchasing an additional 68 shares in the last quarter. Summit Wealth Group LLC Co. bought a new stake in SAP during the third quarter worth about $503,000. Coerente Capital Management lifted its stake in SAP by 2.4% during the third quarter. Coerente Capital Management now owns 164,381 shares of the software maker's stock worth $34,270,000 after purchasing an additional 3,775 shares during the last quarter. Finally, Salomon & Ludwin LLC boosted its holdings in shares of SAP by 110.9% in the 3rd quarter. Salomon & Ludwin LLC now owns 715 shares of the software maker's stock worth $149,000 after purchasing an additional 376 shares in the last quarter.

SAP Company Profile

SAP SE is a global enterprise software company headquartered in Walldorf, Germany. Founded in 1972 by five former IBM employees, SAP originally developed software to help businesses integrate accounting and operational data. The company has since become a major provider of cloud-based business applications and enterprise technology.

SAP's portfolio includes enterprise resource planning software, including SAP S/4HANA Cloud, along with solutions for finance, procurement, supply chain management, human resources, customer experience and business analytics.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.