SAP SE (SAP) Stock Forecast, Price Target & Predictions

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SAP Stock Forecast

SAP SE stock forecast is as follows: an average price target of $173.08 (represents a -26.36% downside from SAP’s last price of $235.02) and a rating consensus of 'Buy', based on 16 wall street analysts offering a 1-year stock forecast.

SAP Price Target

The average price target for SAP SE (SAP) is $173.08 based on 1-year price targets from 16 Wall Street analysts in the past 3 months, with a price target range of $265.00 to $66.00. This represents a potential -26.36% downside from SAP's last price of $235.02.

SAP Analyst Ratings

Buy

According to 16 Wall Street analysts, SAP SE's rating consensus is 'Buy'. The analyst rating breakdown for SAP stock is 0 'Strong Buy' (0.00%), 13 'Buy' (81.25%), 3 'Hold' (18.75%), 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
Oct 22, 2024	Angelo Zino	CFRA	$259.00	$231.94	11.67%	10.20%
Oct 22, 2024	Keith Bachman	BMO Capital	$265.00	$229.48	15.48%	12.76%
Jul 23, 2024	Keith Bachman	BMO Capital	$248.00	$212.36	16.78%	5.52%
Jun 28, 2024	Keith Bachman	BMO Capital	$237.00	$200.75	18.06%	0.84%
May 23, 2024	Mark Moerdler	Bernstein	$227.00	$196.30	15.64%	-3.41%
Apr 23, 2024	Patrick Walravens	JMP Securities	$220.00	$178.18	23.47%	-6.39%
Mar 20, 2024	Jackson Ader	KeyBanc	$230.00	$190.38	20.81%	-2.14%
Feb 02, 2024	Charles Brennan	Jefferies	$206.00	$177.06	16.34%	-12.35%
Oct 20, 2023	Keith Bachman	Loop Capital Markets	$147.00	$131.19	12.05%	-37.45%
Aug 24, 2023	Robert Burns	Robert W. Baird	$66.00	$135.98	-51.46%	-71.92%

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The latest SAP SE stock forecast, released on Oct 22, 2024 by Angelo Zino from CFRA, set a price target of $259.00, which represents a 11.67% increase from the stock price at the time of the forecast ($231.94), and a 10.20% increase from SAP last price ($235.02).

SAP SE Price Target by Period

	1M	3M	12M
# Anlaysts	2	2	8
Avg Price Target	$262.00	$262.00	$236.50
Last Closing Price	$235.02	$235.02	$235.02
Upside/Downside	11.48%	11.48%	0.63%

In the current month, the average price target of SAP SE stock is $262.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 11.48% increase as opposed to SAP SE's last price of $235.02. This month's average price target is down 0.00% compared to last quarter, and up 10.78% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 28, 2024	Jefferies	Buy	Buy	Hold
Oct 23, 2024	Citigroup	Buy	Buy	Hold
Oct 23, 2024	Barclays	Overweight	Overweight	Hold
Oct 22, 2024	JMP Securities	Market Outperform	Market Outperform	Hold
Oct 22, 2024	CFRA	Buy	Buy	Hold
Oct 22, 2024	BMO Capital	Outperform	Outperform	Hold
Oct 22, 2024	Oppenheimer	Perform	Perform	Hold
Oct 22, 2024	JMP Securities	Outperform	Outperform	Hold
Oct 17, 2024	Cowen & Co.	Hold	Hold	Hold
Oct 16, 2024	Cleveland Research	-	Buy	Upgrade

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SAP SE's last stock rating was published by Jefferies on Oct 28, 2024. The company gave SAP a "Buy" 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	$12.22B	$11.54B	$11.27B	$10.84B	$10.81B	$10.21B	$9.97B	$9.66B	$9.86B	$9.25B	$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	$12.45B	$11.75B	$11.48B	$11.04B	$11.01B	$10.40B	$10.16B	$9.93B	$10.13B	$9.42B	$9.23B	$8.91B	$9.17B	$8.44B	$8.56B	$8.17B	$9.20B	$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
Low Forecast	$12.06B	$11.39B	$11.12B	$10.69B	$10.67B	$10.08B	$9.84B	$9.53B	$9.71B	$9.13B	$8.62B	$8.31B	$8.89B	$8.18B	$8.29B	$7.92B	$8.91B	$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
# Analysts	2	2	2	2	1	1	1	4	8	4	3	3	6	4	4	4	2	4	4	4	3	3	3	3	11	15	9	9	8	8
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 4 analysts is $8.40B, with a low forecast of $8.29B, and a high forecast of $8.56B. 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	2	2	2	2	1	1	1	4	8	4	3	3	6	4	4	4	2	4	4	4	3	3	3	3	11	15	9	9	8	8
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	$3.27B	$3.08B	$3.01B	$2.90B	$2.89B	$2.73B	$2.66B	$2.58B	$2.63B	$2.47B	$2.38B	$1.50B	$2.41B	$2.21B	$2.24B	$1.36B	$1.90B	$1.97B	$2.00B	$1.24B	$2.36B	$2.08B	$2.11B	$1.04B	$2.38B	$2.13B	$1.99B	$1.93B	$2.36B	$1.96B
High Forecast	$3.33B	$3.14B	$3.07B	$2.95B	$2.94B	$2.78B	$2.71B	$2.65B	$2.71B	$2.52B	$2.47B	$1.80B	$2.45B	$2.25B	$2.29B	$1.64B	$2.28B	$1.97B	$2.00B	$1.49B	$2.36B	$2.08B	$2.11B	$1.25B	$2.38B	$2.13B	$1.99B	$2.31B	$2.36B	$1.96B
Low Forecast	$3.22B	$3.04B	$2.97B	$2.86B	$2.85B	$2.69B	$2.63B	$2.55B	$2.59B	$2.44B	$2.30B	$1.20B	$2.38B	$2.18B	$2.22B	$1.09B	$1.52B	$1.97B	$2.00B	$992.38M	$2.36B	$2.08B	$2.11B	$831.22M	$2.38B	$2.13B	$1.99B	$1.54B	$2.36B	$1.96B
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.17%	0.95%	0.93%	0.72%	1.45%	1.18%	1.16%	1.09%	1.90%	1.41%	1.19%	0.96%	0.93%	1.20%	1.21%

4 analysts predict SAP's average Quarter EBITDA for Jun 23 to be $2.24B, with a high of $2.29B and a low of $2.22B. This is 40.73% 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	2	2	2	2	1	1	1	4	8	4	3	3	6	4	4	4	2	4	4	4	3	3	3	3	11	15	9	9	8	8
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	$2.44B	$2.14B	$1.97B	$1.82B	$2.08B	$1.91B	$1.73B	$1.56B	$1.62B	$1.37B	$1.26B	$581.22M	$1.84B	$1.60B	$1.39B	$528.39M	$1.43B	$1.45B	$1.22B	$480.35M	$2.03B	$1.72B	$1.42B	$547.13M	$1.86B	$1.52B	$1.32B	$875.93M	$2.01B	$1.42B
High Forecast	$2.50B	$2.19B	$2.02B	$1.86B	$2.13B	$1.96B	$1.78B	$1.68B	$1.69B	$1.39B	$1.26B	$697.47M	$1.93B	$1.62B	$1.44B	$634.06M	$1.72B	$1.49B	$1.25B	$576.42M	$2.04B	$1.72B	$1.42B	$656.56M	$1.86B	$1.52B	$1.32B	$1.05B	$2.01B	$1.42B
Low Forecast	$2.40B	$2.10B	$1.94B	$1.79B	$2.04B	$1.88B	$1.70B	$1.36B	$1.57B	$1.35B	$1.26B	$464.98M	$1.73B	$1.58B	$1.34B	$422.71M	$1.15B	$1.42B	$1.18B	$384.28M	$2.02B	$1.72B	$1.42B	$437.70M	$1.86B	$1.52B	$1.32B	$700.75M	$2.01B	$1.42B
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.77%	0.23%	0.46%	0.17%	1.54%	0.71%	0.82%	0.95%	1.90%	1.03%	1.02%	0.66%	0.93%	0.81%	0.88%

SAP SE's average Quarter net income forecast for Jun 23 is $1.39B, with a range of $1.34B to $1.44B. SAP's average Quarter net income forecast represents a 241.62% 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	2	2	2	2	1	1	1	4	8	4	3	3	6	4	4	4	2	4	4	4	3	3	3	3	11	15	9	9	8	8
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	$4.09B	$3.86B	$3.77B	$3.63B	$3.62B	$3.42B	$3.34B	$3.24B	$3.30B	$3.10B	$2.99B	$1.96B	$3.02B	$2.77B	$2.81B	$1.78B	$3.02B	$2.51B	$2.54B	$1.62B	$3.00B	$2.64B	$2.68B	$1.14B	$3.03B	$2.71B	$2.54B	$2.33B	$3.00B	$2.50B
High Forecast	$4.17B	$3.94B	$3.84B	$3.70B	$3.69B	$3.48B	$3.40B	$3.33B	$3.39B	$3.15B	$3.09B	$2.35B	$3.07B	$2.83B	$2.87B	$2.13B	$3.08B	$2.51B	$2.54B	$1.94B	$3.00B	$2.64B	$2.68B	$1.37B	$3.03B	$2.71B	$2.54B	$2.80B	$3.00B	$2.50B
Low Forecast	$4.04B	$3.81B	$3.72B	$3.58B	$3.57B	$3.37B	$3.30B	$3.19B	$3.25B	$3.06B	$2.89B	$1.57B	$2.98B	$2.74B	$2.78B	$1.42B	$2.98B	$2.51B	$2.54B	$1.29B	$3.00B	$2.64B	$2.68B	$912.45M	$3.03B	$2.71B	$2.54B	$1.86B	$3.00B	$2.50B
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.48%	0.95%	1.11%	1.13%	1.54%	0.98%	0.92%	0.90%	1.90%	0.67%	0.75%	0.89%	0.93%	0.83%	0.84%

SAP SE's average Quarter SG&A projection for Jun 23 is $2.81B, based on 4 Wall Street analysts, with a range of $2.78B to $2.87B. The forecast indicates a 6.62% 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	2	2	2	2	1	1	1	4	8	4	3	3	6	4	4	4	2	4	4	4	3	3	3	3	11	15	9	9	8	8
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	$2.07	$1.82	$1.67	$1.54	$1.76	$1.62	$1.47	$1.33	$1.37	$1.17	$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	$0.93	$1.72	$1.21
High Forecast	$2.12	$1.86	$1.71	$1.58	$1.81	$1.66	$1.51	$1.43	$1.43	$1.18	$1.07	$0.99	$1.64	$1.38	$1.22	$1.13	$1.38	$1.27	$1.07	$1.15	$1.75	$1.47	$1.22	$1.06	$1.59	$1.30	$1.13	$0.93	$1.72	$1.21
Low Forecast	$2.03	$1.79	$1.65	$1.52	$1.73	$1.60	$1.45	$1.15	$1.33	$1.15	$1.07	$0.99	$1.47	$1.34	$1.14	$1.09	$1.33	$1.21	$1.01	$1.15	$1.72	$1.47	$1.22	$1.06	$1.59	$1.30	$1.13	$0.93	$1.72	$1.21
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%	0.80%	0.86%

According to 4 Wall Street analysts, SAP SE's projected average Quarter EPS for Jun 23 is $1.18, with a low estimate of $1.14 and a high estimate of $1.22. 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	$129.12	$204.88	58.67%	Buy
ZM	Zoom Video Communications	$78.86	$111.94	41.95%	Hold
ROP	Roper	$549.45	$605.11	10.13%	Buy
INTU	Intuit	$650.60	$715.09	9.91%	Buy
WDAY	Workday	$259.44	$271.36	4.59%	Buy
TEAM	Atlassian	$245.45	$246.52	0.44%	Buy
ADSK	Autodesk	$307.84	$290.28	-5.70%	Buy
TYL	Tyler	$601.14	$558.00	-7.18%	Buy
PTC	PTC	$188.50	$172.00	-8.75%	Buy
CDNS	Cadence Design Systems	$304.01	$276.07	-9.19%	Buy
SHOP	Shopify	$103.94	$91.91	-11.57%	Buy
CRM	Salesforce	$325.70	$275.26	-15.49%	Buy
NOW	ServiceNow	$1.02K	$831.13	-18.75%	Buy
SAP	SAP SE	$235.02	$173.08	-26.36%	Buy

SAP Forecast FAQ

Is SAP SE a good buy?

Yes, according to 16 Wall Street analysts, SAP SE (SAP) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 13 'Buy' recommendations, accounting for 81.25% of SAP's total ratings.

What is SAP's price target?

SAP SE (SAP) average price target is $173.08 with a range of $66 to $265, implying a -26.36% from its last price of $235.02. The data is based on 16 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 -26.36% (from the last price of $235.02 to the average price target of $173.08), up by 12.76% based on the highest stock price target, and down by -71.92% based on the lowest stock price target.

Can SAP SE stock reach $400?

SAP's average twelve months analyst stock price target of $173.08 does not support the claim that SAP SE can reach $400 in the near future.

What is SAP SE's current price target trend?

2 Wall Street analysts forecast a $262 price target for SAP SE (SAP) this month, up 11.48% from its last price of $235.02. Compared to the last 3 and 12 months, the average price target increased by 11.48% and increased by 0.63%, respectively.

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 $40.66B (high $41.51B, low $40.12B), average EBITDA is $10.86B (high $11.09B, low $10.72B), average net income is $7.29B (high $7.55B, low $6.99B), average SG&A $13.62B (high $13.9B, low $13.44B), and average EPS is $6.18 (high $6.41, low $5.93). SAP's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $45.86B (high $46.71B, low $45.27B), average EBITDA is $12.25B (high $12.48B, low $12.09B), average net income is $8.37B (high $8.57B, low $8.23B), average SG&A $15.36B (high $15.64B, low $15.16B), and average EPS is $7.1 (high $7.28, low $6.98).

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, beating the average prediction of $7.11B by 3.16%. The company's net income was $1.71B, missing the average estimation of $4.59B by -62.63%. Apple's SG&A was $11.02B, beating the average forecast of $9.69B by 13.64%. 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%