SAP SE (ETR:SAP)
Germany flag Germany · Delayed Price · Currency is EUR
134.14
-0.72 (-0.53%)
Jun 19, 2026, 5:39 PM CET

SAP SE Stock Forecast

Stock Price Forecast

According to 27 analysts polled by S&P Global, SAP SE stock has a consensus rating of "Strong Buy" and an average price target of €214.81. The average 1-year stock price forecast is 60.14% higher than the current stock price, while the lowest is €154.99 (+15.54%) and the highest is €290.00 (+116.19%).

Price Target: €214.81 (+60.14%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
Price€154.99€214.81€209.00€290.00
Change+15.54%+60.14%+55.81%+116.19%
* Price targets were last updated on May 18, 2026.

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

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy181818202020
Buy776433
Hold345444
Sell000000
Strong Sell100000
Total292929282727

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Deutsche Bank
Deutsche Bank
Buy
Maintains
€200.00
BuyMaintains€200.00+49.10%May 18, 2026
Wells Fargo
Wells Fargo
Buy
Maintains
€250.00
BuyMaintains€250.00+86.37%May 15, 2026
Jefferies
Jefferies
Buy
Maintains
€230.00
BuyMaintains€230.00+71.46%May 14, 2026
UBS
UBS
Buy
Maintains
€205.00
BuyMaintains€205.00+52.83%May 14, 2026
Berenberg Bank
Berenberg Bank
Buy
Maintains
€215.00
BuyMaintains€215.00+60.28%May 14, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
40.16B
from 36.80B
Increased by 9.12%
Revenue Next Year
45.24B
from 40.16B
Increased by 12.66%
EPS This Year
7.28
from 6.15
Increased by 18.43%
EPS Next Year
8.57
from 7.28
Increased by 17.60%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
26.95B29.52B31.21B34.18B36.80B40.16B
Revenue Growth
-1.41%9.52%5.72%9.51%7.68%9.12%
Gross Profit
19.73B21.48B22.53B25.01B27.15B29.66B
Gross Margin
73.22%72.77%72.20%73.19%73.76%73.87%
Operating Income
6.39B6.05B6.01B8.15B10.42B11.88B
Net Income
5.26B2.28B6.14B3.12B7.16B8.18B
EPS
----6.157.28
EPS Growth
----35.76%18.43%
Forward PE
22.1518.8125.1240.1631.6318.42
Dividend / Share
1.952.052.202.352.502.69
Dividend Growth
-5.13%7.32%6.82%6.38%7.77%
Free Cash Flow
6.72B6.57B5.79B8.55B8.48B10.00B
No. Analysts
-----18
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is EUR.

Revenue Forecast

Revenue202620272028
High40.6B
Avg40.2B
Low39.7B

Revenue Growth

Revenue Growth202620272028
High
10.4%
Avg
9.1%
Low
7.9%

EPS Forecast

EPS202620272028
High7.54
Avg7.28
Low7.05

EPS Growth

EPS Growth202620272028
High
22.6%
Avg
18.4%
Low
14.6%