SAP SE (ETR:SAP)
Germany flag Germany · Delayed Price · Currency is EUR
183.92
-2.82 (-1.51%)
Oct 2, 2026, 5:39 PM CET

SAP SE Stock Forecast

Stock Price Forecast

According to 28 analysts polled by S&P Global, SAP SE stock has a consensus rating of "Strong Buy" and an average price target of €209.81. The average 1-year stock price forecast is 14.08% higher than the current stock price, while the lowest is €160.00 (-13.01%) and the highest is €290.00 (+57.68%).

Price Target: €209.81 (+14.08%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price€160.00€209.81€203.00€290.00
Change-13.01%+14.08%+10.37%+57.68%

Analyst Ratings

The average analyst rating for SAP SE stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Chart
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy202020202121
Buy433333
Hold444444
Sell000000
Strong Sell000000
Total282727272828

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Jefferies
Jefferies
Buy
Reiterates
€210.00 → €220.00
BuyReiterates€210.00 → €220.00+19.62%Sep 22, 2026
Citi
Citi
Buy
Maintains
€205.00 → €215.00
BuyMaintains€205.00 → €215.00+16.90%Sep 22, 2026
J.P. Morgan
J.P. Morgan
Hold
Maintains
€175.00
HoldMaintains€175.00-4.85%Sep 22, 2026
Bank of America Securities
Bank of America Securities
Buy
Reiterates
€223.00 → €226.00
BuyReiterates€223.00 → €226.00+22.88%Sep 21, 2026
Berenberg Bank
Berenberg Bank
Buy
Maintains
€205.00
BuyMaintains€205.00+11.46%Sep 18, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
40.26B
from 36.80B
Increased by 9.41%
Revenue Next Year
45.00B
from 40.26B
Increased by 11.76%
EPS This Year
7.14
from 6.15
Increased by 16.04%
EPS Next Year
8.37
from 7.14
Increased by 17.26%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
26.95B29.52B31.21B34.18B36.80B40.26B
Revenue Growth
-1.41%9.52%5.72%9.51%7.68%9.41%
Gross Profit
19.73B21.48B22.53B25.01B27.15B29.64B
Gross Margin
73.22%72.77%72.20%73.19%73.76%73.61%
Operating Income
6.39B6.05B6.01B8.15B10.42B11.70B
Net Income
5.26B2.28B6.14B3.12B7.16B8.19B
EPS
----6.157.14
EPS Growth
----35.76%16.04%
Forward PE
22.1518.8125.1240.1631.6325.77
Dividend / Share
1.952.052.202.352.502.68
Dividend Growth
5.41%5.13%7.32%6.82%6.38%7.15%
Free Cash Flow
----8.24B10.02B
No. Analysts
-----25
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is EUR.

Revenue Forecast

Revenue202620272028
High40.5B
Avg40.3B
Low40.0B

Revenue Growth

Revenue Growth202620272028
High
10.1%
Avg
9.4%
Low
8.7%

EPS Forecast

EPS202620272028
High8.01
Avg7.14
Low6.62

EPS Growth

EPS Growth202620272028
High
30.3%
Avg
16.0%
Low
7.6%