SAP SE (SAP)
NYSE: SAP · Real-Time Price · USD
164.18
+0.54 (0.33%)
At close: Jun 12, 2026, 4:00 PM EDT
164.93
+0.75 (0.46%)
After-hours: Jun 12, 2026, 7:55 PM EDT

SAP SE Stock Forecast

Stock Price Forecast

According to 16 analysts polled by S&P Global, SAP SE stock has a consensus rating of "Buy" and an average price target of $256. The average 1-year stock price forecast is 55.93% higher than the current stock price, while the lowest is $200 (+21.82%) and the highest is $323 (+96.74%).

Price Target: $256 (+55.93%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$200$256$253.5$323
Change+21.82%+55.93%+54.40%+96.74%
* Price targets were last updated on May 15, 2026.

Analyst Ratings

The average analyst rating for SAP SE stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

RatingDec '25Jan '26Feb '26Mar '26Apr '26May '26
Strong Buy88991010
Buy434433
Hold343333
Sell000000
Strong Sell000000
Total151516161616

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
BMO Capital
BMO Capital
Buy
Maintains
$200
BuyMaintains$200+21.82%May 15, 2026
TD Cowen
TD Cowen
Buy
Maintains
$250$230
BuyMaintains$250$230+40.09%May 14, 2026
Barclays
Barclays
Buy
Reiterates
$256$257
BuyReiterates$256$257+56.54%Apr 27, 2026
Unknown Analyst
Oppenheimer
No rating
Oppenheimer
Hold
Maintains
n/a
HoldMaintainsn/an/aApr 25, 2026
Unknown Analyst
Piper Sandler
No rating
Piper Sandler
Hold
Downgrades
n/a
HoldDowngradesn/an/aApr 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
-----19.48
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%