SAP SE (ETR:SAP)
Germany flag Germany · Delayed Price · Currency is EUR
188.12
+2.48 (1.34%)
Aug 21, 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 €204.81. The average 1-year stock price forecast is 8.87% higher than the current stock price, while the lowest is €160.00 (-14.95%) and the highest is €290.00 (+54.16%).

Price Target: €204.81 (+8.87%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price€160.00€204.81€200.00€290.00
Change-14.95%+8.87%+6.32%+54.16%

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
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy182020202021
Buy643333
Hold544444
Sell000000
Strong Sell000000
Total292827272728

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Wells Fargo
Wells Fargo
Buy
Reiterates
€165.00€210.00
BuyReiterates€165.00€210.00+11.63%Aug 12, 2026
Jefferies
Jefferies
Buy
Maintains
€210.00
BuyMaintains€210.00+11.63%Jul 28, 2026
Goldman Sachs
Goldman Sachs
Buy
Maintains
€230.00€215.00
BuyMaintains€230.00€215.00+14.29%Jul 27, 2026
Berenberg Bank
Berenberg Bank
Buy
Maintains
€215.00€205.00
BuyMaintains€215.00€205.00+8.97%Jul 27, 2026
UBS
UBS
Buy
Maintains
€164.00
BuyMaintains€164.00-12.82%Jul 27, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
40.25B
from 36.80B
Increased by 9.38%
Revenue Next Year
44.99B
from 40.25B
Increased by 11.76%
EPS This Year
7.13
from 6.15
Increased by 15.95%
EPS Next Year
8.37
from 7.13
Increased by 17.36%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
26.95B29.52B31.21B34.18B36.80B40.25B
Revenue Growth
-1.41%9.52%5.72%9.51%7.68%9.38%
Gross Profit
19.73B21.48B22.53B25.01B27.15B29.63B
Gross Margin
73.22%72.77%72.20%73.19%73.76%73.61%
Operating Income
6.39B6.05B6.01B8.15B10.42B11.71B
Net Income
5.26B2.28B6.14B3.12B7.16B8.18B
EPS
----6.157.13
EPS Growth
----35.76%15.95%
Forward PE
22.1518.8125.1240.1631.6326.38
Dividend / Share
1.952.052.202.352.502.68
Dividend Growth
5.41%5.13%7.32%6.82%6.38%7.05%
Free Cash Flow
6.72B6.57B5.79B8.55B8.48B10.02B
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
8.6%

EPS Forecast

EPS202620272028
High8.01
Avg7.13
Low6.62

EPS Growth

EPS Growth202620272028
High
30.3%
Avg
15.9%
Low
7.6%