SAP (SAP) Stock Forecast & Price Target

Q: What analysts cover SAP?

SAP has been rated by research analysts at Barclays , BMO Capital Markets , Oppenheimer , TD Cowen , The Goldman Sachs Group , and Weiss Ratings in the past 90 days.

$158.57 +12.19 (+8.33%)

As of 12:49 PM Eastern

Compare

SAP - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Moderate Buy

Based on 21 Analyst Ratings

Sell
0

Hold
8

Buy
13

Based on 21 Wall Street analysts who have issued ratings for SAP in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 21 analysts, 8 have given a hold rating, 12 have given a buy rating, and 1 has given a strong buy rating for SAP.

Consensus Price Target

$267.00
68.38% Upside

According to the 21 analysts' twelve-month price targets for SAP, the average price target is $267.00. The highest price target for SAP is $375.00, while the lowest price target for SAP is $177.00. The average price target represents a forecasted upside of 68.38% from the current price of $158.57.

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Get the Latest News and Ratings for SAP and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for SAP and its competitors.

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

SAP Analyst Ratings Over Time

Type	Current Forecast 7/24/25 to 7/24/26	1 Month Ago 6/24/25 to 6/24/26	3 Months Ago 4/25/25 to 4/25/26	1 Year Ago 7/24/24 to 7/24/25
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	2 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	12 Buy rating(s)	12 Buy rating(s)	12 Buy rating(s)	10 Buy rating(s)
Hold	8 Hold rating(s)	7 Hold rating(s)	7 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$267.00	$283.40	$287.75	$279.33
Forecasted Upside	68.38% Upside	85.41% Upside	64.34% Upside	-2.46% Downside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Buy

SAP Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

SAP Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

SAP Stock vs. The Competition

Type	SAP	Computer and Technology Companies	Broader Market
Consensus Rating Score	2.70	2.29	2.52
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	85.20% Upside	190.23% Upside	15.35% Upside
News Sentiment Rating	Neutral News See Recent SAP News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export

Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
7/24/2026	BMO Capital Markets 3 of 5 stars	Keith Bachman 1 of 5 stars	Boost Target	Outperform	$175.00 ➝ $177.00	+21.03%
7/21/2026	Barclays 3 of 5 stars	Raimo Lenschow 2 of 5 stars	Lower Target	Overweight	$257.00 ➝ $255.00	+60.75%
7/17/2026	TD Cowen 3 of 5 stars	Derrick Wood 1 of 5 stars	Lower Target	Buy	$230.00 ➝ $210.00	+29.67%
7/16/2026	Weiss Ratings Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Hold (C) ➝ Hold (C-)
6/10/2026	The Goldman Sachs Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Buy	$265.00	+48.07%
4/24/2026	Santander Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Neutral ➝ Outperform
4/22/2026	HSBC Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold ➝ Buy
4/14/2026	Piper Sandler Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Overweight ➝ Neutral
3/24/2026	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Toby Ogg Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Overweight ➝ Neutral
3/5/2026	Zacks Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Strong-Buy ➝ Hold
Get the Latest News and Ratings for SAP and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for SAP and its competitors with MarketBeat's FREE daily newsletter.
1/30/2026	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Buy
1/30/2026	Citigroup Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Buy ➝ Hold
1/30/2026	Citizens Jmp Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform
12/11/2025	Arete Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Strong-Buy
10/31/2025	Morgan Stanley Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Overweight
10/27/2025	Jefferies Financial Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Buy
10/24/2025	Argus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Joseph Bonner Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Buy	$320.00	+17.83%
10/23/2025	KeyCorp Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Overweight
9/24/2025	Oddo Bhf Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Neutral ➝ Outperform
8/14/2025	Erste Group Bank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Buy ➝ Hold
5/30/2025	UBS Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	M. Briest Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Strong-Buy
5/20/2025	Wells Fargo & Company Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Michael Turrin Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Initiated Coverage	Overweight
1/30/2025	Royal Bank Of Canada Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Irene Nattel Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Outperform	$38.00 ➝ $38.00	-86.39%
1/15/2025	Kepler Capital Markets Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold ➝ Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 12:50 PM ET.

Should I Buy SAP Stock? SAP Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, July 18, 2026. Please send any questions or comments about these SAP pros and cons to contact@marketbeat.com.

SAP
Bull Case

Here are some ways that investors could benefit from investing in SAP SE:

The current stock price is around $168, which is significantly lower than its twelve-month high, indicating potential for growth.
SAP SE has a strong return on equity of over 17%, suggesting effective management and profitability in generating returns for shareholders.
The company reported a robust revenue of over $11 billion in its latest quarter, showcasing its strong market position and demand for its products.
With a low debt-to-equity ratio of 0.11, SAP SE demonstrates financial stability and lower risk, making it an attractive option for conservative investors.
The recent increase in its annual dividend to approximately $2.93 reflects the company's commitment to returning value to shareholders, which can be appealing for income-focused investors.

SAP
Bear Case

Investors should be bearish about investing in SAP SE for these reasons:

The stock has shown volatility with a beta of 1.14, indicating that it may be more sensitive to market fluctuations compared to the overall market.
Despite a strong revenue report, the price-to-earnings ratio of around 21.63 suggests that the stock may be overvalued relative to its earnings, which could deter value investors.
The PEG ratio of 1.81 indicates that the stock's price may not be justified by its expected earnings growth, which could signal potential overvaluation.
Recent market trends show a shift towards cloud-based solutions, and while SAP SE has offerings in this area, competition is intensifying, which could impact future growth.
Investors may be concerned about the company's ability to maintain its profit margins, which are currently at 20.08%, in a rapidly changing technology landscape.

SAP Forecast - Frequently Asked Questions

According to the research reports of 21 Wall Street equities research analysts, the average twelve-month stock price forecast for SAP is $267.00, with a high forecast of $375.00 and a low forecast of $177.00.

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SAP in the last year. There are currently 8 hold ratings, 12 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SAP shares.

According to analysts, SAP's stock has a predicted upside of 68.38% based on their 12-month stock forecasts.

Over the previous 90 days, SAP's stock had 2 downgrades and 1 upgrade by analysts.

SAP has been rated by research analysts at Barclays, BMO Capital Markets, Oppenheimer, TD Cowen, The Goldman Sachs Group, and Weiss Ratings in the past 90 days.

Analysts like SAP more than other "computer and technology" companies. The consensus rating for SAP is Moderate Buy while the average consensus rating for "computer and technology" companies is Hold. Learn more on how SAP compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With SAP Recommendations

This page (NYSE:SAP) was last updated on 7/24/2026 by MarketBeat.com Staff.

From Our Partners

Unlock superior investment research and tools.

Get MarketBeat All Access

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

SAP (SAP) Stock Forecast & Price Target