SAP SE (SAP) Stock Forecast, Price Target & Predictions
SAP Stock Forecast
SAP SE stock forecast is as follows: an average price target of $163.73 (represents a -26.01% downside from SAP’s last price of $221.28) and a rating consensus of 'Buy', based on 14 wall street analysts offering a 1-year stock forecast.
SAP Price Target
The average price target for SAP SE (SAP) is $163.73 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $248.00 to $66.00. This represents a potential -26.01% downside from SAP's last price of $221.28.
SAP Analyst Ratings
According to 14 Wall Street analysts, SAP SE's rating consensus is 'Buy'. The analyst rating breakdown for SAP stock is 0 'Strong Buy' (0.00%), 10 'Buy' (71.43%), 4 'Hold' (28.57%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
SAP SE Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 23, 2024 | Keith Bachman | BMO Capital | $248.00 | $212.36 | 16.78% | 12.08% |
| Jun 28, 2024 | Keith Bachman | BMO Capital | $237.00 | $200.75 | 18.06% | 7.10% |
| May 23, 2024 | Mark Moerdler | Bernstein | $227.00 | $196.30 | 15.64% | 2.58% |
| Apr 23, 2024 | Patrick Walravens | JMP Securities | $220.00 | $178.18 | 23.47% | -0.58% |
| Mar 20, 2024 | Jackson Ader | KeyBanc | $230.00 | $190.38 | 20.81% | 3.94% |
| Feb 02, 2024 | Charles Brennan | Jefferies | $206.00 | $177.06 | 16.34% | -6.91% |
| Oct 20, 2023 | Keith Bachman | Loop Capital Markets | $147.00 | $131.19 | 12.05% | -33.57% |
| Aug 24, 2023 | Robert Burns | Robert W. Baird | $66.00 | $135.98 | -51.46% | -70.17% |
| Jul 22, 2022 | Patrick Walravens | JMP Securities | $170.00 | $93.54 | 81.74% | -23.17% |
| Jul 22, 2022 | Raimo Lenschow | Barclays | $106.00 | $93.54 | 13.32% | -52.10% |
The latest SAP SE stock forecast, released on Jul 23, 2024 by Keith Bachman from BMO Capital, set a price target of $248.00, which represents a 16.78% increase from the stock price at the time of the forecast ($212.36), and a 12.08% increase from SAP last price ($221.28).
SAP SE Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 7 |
| Avg Price Target | - | $242.50 | $216.43 |
| Last Closing Price | $221.28 | $221.28 | $221.28 |
| Upside/Downside | -100.00% | 9.59% | -2.19% |
In the current month, the average price target of SAP SE stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to SAP SE's last price of $221.28. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 24, 2024 | Barclays | Overweight | Overweight | Hold |
| Jul 23, 2024 | Jefferies | Buy | Buy | Hold |
| Jul 23, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Jul 23, 2024 | JMP Securities | Outperform | Outperform | Hold |
| Jul 11, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Jul 08, 2024 | UBS | Buy | Buy | Hold |
| Jul 02, 2024 | Barclays | Overweight | Overweight | Hold |
| Jun 28, 2024 | BMO Capital | Market Perform | Outperform | Upgrade |
| Jun 26, 2024 | Jefferies | Buy | Buy | Hold |
| Apr 23, 2024 | JMP Securities | Outperform | Outperform | Hold |
SAP SE's last stock rating was published by Barclays on Jul 24, 2024. The company gave SAP a "Overweight" rating, the same as its previous rate.
SAP SE Financial Forecast
SAP SE Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $7.44B | $8.44B | $7.84B | $7.52B | $7.08B | $7.98B | $6.84B | $6.67B | $6.35B | $7.54B | $6.54B | $6.74B | $6.52B | $8.04B | $6.79B |
| Avg Forecast | $12.18B | $11.58B | $11.33B | $10.88B | $10.89B | $10.25B | $10.01B | $9.67B | $9.83B | $9.19B | $8.92B | $8.61B | $9.02B | $8.29B | $8.40B | $8.02B | $9.03B | $7.51B | $7.59B | $7.56B | $8.97B | $7.91B | $8.01B | $7.62B | $9.05B | $8.09B | $7.59B | $7.10B | $8.98B | $7.47B |
| High Forecast | $12.38B | $11.76B | $11.51B | $11.05B | $11.06B | $10.41B | $10.17B | $9.82B | $9.98B | $9.26B | $9.06B | $8.74B | $9.17B | $8.42B | $8.53B | $8.15B | $9.17B | $7.63B | $7.59B | $7.63B | $9.05B | $7.98B | $8.08B | $7.69B | $9.13B | $8.16B | $7.66B | $7.17B | $9.06B | $7.54B |
| Low Forecast | $11.93B | $11.34B | $11.10B | $10.65B | $10.67B | $10.04B | $9.80B | $9.47B | $9.62B | $9.12B | $8.74B | $8.43B | $8.89B | $8.11B | $8.23B | $7.86B | $8.84B | $7.36B | $7.59B | $7.47B | $8.86B | $7.81B | $7.91B | $7.53B | $8.94B | $7.99B | $7.49B | $7.01B | $8.86B | $7.38B |
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 10 | 8 | 12 | 8 | 8 | 13 | 7 | 12 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.93% | 0.93% | 1.04% | 0.99% | 0.94% | 0.89% | 0.87% | 0.83% | 0.83% | 0.83% | 0.81% | 0.89% | 0.92% | 0.90% | 0.91% |
SAP SE's average Quarter revenue forecast for Jun 23 based on 3 analysts is $8.40B, with a low forecast of $8.23B, and a high forecast of $8.53B. SAP's average Quarter revenue forecast represents a 12.91% increase compared to the company's last Quarter revenue of $7.44B (Mar 23).
SAP SE EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 10 | 8 | 12 | 8 | 8 | 13 | 7 | 12 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.59B | $1.80B | $1.83B | $1.44B | $1.79B | $2.77B | $2.41B | $2.29B | $1.98B | $3.37B | $2.54B | $1.92B | $1.79B | $2.82B | $2.37B |
| Avg Forecast | $3.20B | $3.04B | $2.98B | $2.86B | $2.86B | $2.69B | $2.63B | $2.54B | $2.58B | $2.41B | $2.34B | $1.50B | $2.37B | $2.18B | $2.21B | $1.36B | $2.37B | $1.81B | $2.00B | $1.24B | $1.72B | $1.64B | $1.45B | $1.04B | $3.24B | $1.76B | $1.86B | $1.93B | $2.68B | $2.18B |
| High Forecast | $3.25B | $3.09B | $3.03B | $2.90B | $2.91B | $2.74B | $2.67B | $2.58B | $2.62B | $2.43B | $2.38B | $1.80B | $2.41B | $2.21B | $2.24B | $1.64B | $2.41B | $2.17B | $2.00B | $1.49B | $2.07B | $1.97B | $1.74B | $1.25B | $3.89B | $2.11B | $2.24B | $2.31B | $3.21B | $2.61B |
| Low Forecast | $3.14B | $2.98B | $2.92B | $2.80B | $2.80B | $2.64B | $2.58B | $2.49B | $2.53B | $2.40B | $2.30B | $1.20B | $2.34B | $2.13B | $2.16B | $1.09B | $2.32B | $1.44B | $2.00B | $992.38M | $1.38B | $1.31B | $1.16B | $831.22M | $2.59B | $1.41B | $1.49B | $1.54B | $2.14B | $1.74B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.17% | 0.76% | 1.01% | 0.72% | 1.45% | 1.61% | 1.47% | 1.59% | 1.90% | 1.04% | 1.44% | 1.03% | 0.93% | 1.05% | 1.09% |
3 analysts predict SAP's average Quarter EBITDA for Jun 23 to be $2.21B, with a high of $2.24B and a low of $2.16B. This is 38.44% upper than SAP SE's previous annual EBITDA (Mar 23) of $1.59B.
SAP SE Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 10 | 8 | 12 | 8 | 8 | 13 | 7 | 12 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $407.00M | $332.00M | $669.00M | $203.00M | $740.00M | $1.44B | $1.41B | $1.36B | $1.04B | $1.91B | $1.56B | $866.00M | $814.00M | $1.62B | $1.25B |
| Avg Forecast | $2.35B | $2.11B | $1.96B | $1.81B | $2.02B | $1.80B | $1.66B | $1.53B | $1.63B | $1.44B | $1.25B | $581.22M | $1.83B | $1.59B | $1.38B | $528.39M | $1.58B | $1.05B | $1.22B | $480.35M | $1.30B | $958.64M | $854.41M | $547.13M | $1.84B | $1.08B | $843.21M | $875.93M | $1.54B | $1.14B |
| High Forecast | $2.40B | $2.15B | $2.00B | $1.84B | $2.06B | $1.84B | $1.69B | $1.56B | $1.66B | $1.51B | $1.28B | $697.47M | $1.92B | $1.62B | $1.41B | $634.06M | $1.61B | $1.27B | $1.22B | $576.42M | $1.56B | $1.15B | $1.03B | $656.56M | $2.21B | $1.29B | $1.01B | $1.05B | $1.84B | $1.37B |
| Low Forecast | $2.29B | $2.05B | $1.90B | $1.76B | $1.97B | $1.76B | $1.61B | $1.49B | $1.58B | $1.37B | $1.22B | $464.98M | $1.72B | $1.54B | $1.34B | $422.71M | $1.54B | $843.60M | $1.22B | $384.28M | $1.04B | $766.91M | $683.53M | $437.70M | $1.47B | $861.78M | $674.57M | $700.75M | $1.23B | $913.73M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.77% | 0.21% | 0.63% | 0.17% | 1.54% | 1.10% | 1.47% | 1.59% | 1.90% | 1.04% | 1.44% | 1.03% | 0.93% | 1.05% | 1.09% |
SAP SE's average Quarter net income forecast for Jun 23 is $1.38B, with a range of $1.34B to $1.41B. SAP's average Quarter net income forecast represents a 239.01% increase compared to the company's last Quarter net income of $407.00M (Mar 23).
SAP SE SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 10 | 8 | 12 | 8 | 8 | 13 | 7 | 12 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.64B | $2.87B | $2.78B | $2.87B | $2.49B | $2.93B | $2.42B | $2.42B | $2.17B | $2.03B | $2.02B | $2.25B | $2.17B | $2.50B | $2.10B |
| Avg Forecast | $4.08B | $3.87B | $3.79B | $3.64B | $3.64B | $3.43B | $3.35B | $3.23B | $3.29B | $3.07B | $2.98B | $1.96B | $3.02B | $2.77B | $2.81B | $1.78B | $3.02B | $1.82B | $2.54B | $1.62B | $3.00B | $1.65B | $1.53B | $1.14B | $1.95B | $1.40B | $2.19B | $2.33B | $2.37B | $1.92B |
| High Forecast | $4.14B | $3.93B | $3.85B | $3.70B | $3.70B | $3.48B | $3.40B | $3.29B | $3.34B | $3.10B | $3.03B | $2.35B | $3.07B | $2.82B | $2.85B | $2.13B | $3.07B | $2.18B | $2.54B | $1.94B | $3.03B | $1.98B | $1.83B | $1.37B | $2.34B | $1.68B | $2.63B | $2.80B | $2.84B | $2.31B |
| Low Forecast | $3.99B | $3.79B | $3.71B | $3.56B | $3.57B | $3.36B | $3.28B | $3.17B | $3.22B | $3.05B | $2.92B | $1.57B | $2.97B | $2.71B | $2.75B | $1.42B | $2.96B | $1.45B | $2.54B | $1.29B | $2.96B | $1.32B | $1.22B | $912.45M | $1.56B | $1.12B | $1.75B | $1.86B | $1.89B | $1.54B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.48% | 0.95% | 1.53% | 1.13% | 1.54% | 0.98% | 1.47% | 1.59% | 1.90% | 1.04% | 1.44% | 1.03% | 0.93% | 1.05% | 1.09% |
SAP SE's average Quarter SG&A projection for Jun 23 is $2.81B, based on 3 Wall Street analysts, with a range of $2.75B to $2.85B. The forecast indicates a 6.48% rise compared to SAP last annual SG&A of $2.64B (Mar 23).
SAP SE EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 10 | 8 | 12 | 8 | 8 | 13 | 7 | 12 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.41 | $0.28 | $0.57 | $0.17 | $0.63 | $1.22 | $1.19 | $1.15 | $0.88 | $1.62 | $1.32 | $0.73 | $0.68 | $1.37 | $1.04 |
| Avg Forecast | $2.01 | $1.80 | $1.67 | $1.54 | $1.73 | $1.54 | $1.42 | $1.31 | $1.39 | $1.23 | $1.07 | $0.99 | $1.56 | $1.36 | $1.18 | $1.11 | $1.35 | $1.24 | $1.04 | $1.15 | $1.74 | $1.47 | $1.22 | $1.06 | $1.59 | $1.30 | $1.13 | $0.94 | $1.69 | $1.21 |
| High Forecast | $2.05 | $1.84 | $1.71 | $1.58 | $1.76 | $1.58 | $1.45 | $1.34 | $1.42 | $1.29 | $1.09 | $1.01 | $1.64 | $1.39 | $1.20 | $1.13 | $1.38 | $1.27 | $1.04 | $1.16 | $1.76 | $1.49 | $1.23 | $1.07 | $1.61 | $1.32 | $1.14 | $0.95 | $1.71 | $1.22 |
| Low Forecast | $1.96 | $1.76 | $1.63 | $1.50 | $1.68 | $1.50 | $1.38 | $1.28 | $1.35 | $1.17 | $1.04 | $0.96 | $1.47 | $1.32 | $1.15 | $1.08 | $1.31 | $1.21 | $1.04 | $1.13 | $1.71 | $1.44 | $1.20 | $1.04 | $1.57 | $1.28 | $1.11 | $0.92 | $1.66 | $1.19 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.37% | 0.21% | 0.46% | 0.16% | 0.55% | 0.70% | 0.81% | 0.94% | 0.83% | 1.02% | 1.01% | 0.65% | 0.73% | 0.81% | 0.86% |
According to 3 Wall Street analysts, SAP SE's projected average Quarter EPS for Jun 23 is $1.18, with a low estimate of $1.15 and a high estimate of $1.20. This represents a 187.88% increase compared to SAP previous annual EPS of $0.41 (Mar 23).
SAP SE Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SNOW | Snowflake | $113.67 | $206.83 | 81.96% | Buy |
| ZM | Zoom Video Communications | $67.59 | $111.77 | 65.36% | Hold |
| TEAM | Atlassian | $163.74 | $237.67 | 45.15% | Buy |
| SHOP | Shopify | $72.45 | $86.12 | 18.87% | Buy |
| ADSK | Autodesk | $263.96 | $283.41 | 7.37% | Buy |
| WDAY | Workday | $250.05 | $264.91 | 5.94% | Buy |
| ROP | Roper | $551.84 | $582.88 | 5.62% | Buy |
| INTU | Intuit | $655.31 | $689.00 | 5.14% | Buy |
| CRM | Salesforce | $254.57 | $257.76 | 1.25% | Buy |
| CDNS | Cadence Design Systems | $268.72 | $248.90 | -7.38% | Buy |
| TYL | Tyler | $581.96 | $538.60 | -7.45% | Buy |
| PTC | PTC | $172.23 | $154.00 | -10.58% | Buy |
| NOW | ServiceNow | $878.95 | $728.75 | -17.09% | Buy |
| SAP | SAP SE | $221.28 | $163.73 | -26.01% | Buy |
SAP Forecast FAQ
Is SAP SE a good buy?
Yes, according to 14 Wall Street analysts, SAP SE (SAP) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 10 'Buy' recommendations, accounting for 71.43% of SAP's total ratings.
What is SAP's price target?
SAP SE (SAP) average price target is $163.73 with a range of $66 to $248, implying a -26.01% from its last price of $221.28. The data is based on 14 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will SAP SE stock go up soon?
According to Wall Street analysts' prediction for SAP stock, the company can go down by -26.01% (from the last price of $221.28 to the average price target of $163.73), up by 12.08% based on the highest stock price target, and down by -70.17% based on the lowest stock price target.
Can SAP SE stock reach $300?
SAP's average twelve months analyst stock price target of $163.73 does not support the claim that SAP SE can reach $300 in the near future.
What are SAP SE's analysts' financial forecasts?
SAP SE's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $40.82B (high $41.47B, low $39.97B), average EBITDA is $10.73B (high $10.9B, low $10.51B), average net income is $7.02B (high $7.16B, low $6.83B), average SG&A $13.65B (high $13.87B, low $13.37B), and average EPS is $6 (high $6.13, low $5.84). SAP's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $45.97B (high $46.7B, low $45.02B), average EBITDA is $12.08B (high $12.27B, low $11.83B), average net income is $8.23B (high $8.4B, low $8B), average SG&A $15.38B (high $15.62B, low $15.06B), and average EPS is $7.04 (high $7.18, low $6.85).
Did the SAP's actual financial results beat the analysts' financial forecasts?
Based on SAP SE's last annual report (Dec 2022), the company's revenue was $30.87B, which missed the average analysts forecast of $31.69B by -2.59%. Apple's EBITDA was $7.33B, missing the average prediction of $7.41B by -1.12%. The company's net income was $1.71B, missing the average estimation of $4.33B by -60.43%. Apple's SG&A was $11.02B, beating the average forecast of $8.99B by 22.50%. Lastly, the company's EPS was $1.46, missing the average prediction of $4.78 by -69.48%. In terms of the last quarterly report (Mar 2023), SAP SE's revenue was $7.44B, missing the average analysts' forecast of $8.02B by -7.26%. The company's EBITDA was $1.6B, beating the average prediction of $1.36B by 16.89%. SAP SE's net income was $407M, missing the average estimation of $528.39M by -22.97%. The company's SG&A was $2.64B, beating the average forecast of $1.78B by 48.37%. Lastly, the company's EPS was $0.41, missing the average prediction of $1.11 by -62.97%