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SAP (SAP) Stock Forecast & Price Target

$182.44
+2.19 (+1.21%)
(As of 05/31/2024 ET)

SAP - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 8 Analyst Ratings

Consensus Price Target

$216.40
18.61% Upside
High Forecast$227.00
Average Forecast$216.40
Low Forecast$207.00
TypeCurrent Forecast
6/3/23 to 6/2/24
1 Month Ago
5/4/23 to 5/3/24
3 Months Ago
3/5/23 to 3/4/24
1 Year Ago
6/3/22 to 6/3/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
6 Buy rating(s)
7 Buy rating(s)
10 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$216.40$206.20$181.50$136.75
Forecasted Upside18.61% Upside19.87% Upside19.27% Upside18.34% Upside
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SAP Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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SAP Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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SAP Stock vs. The Competition

TypeSAPComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.75
2.59
2.49
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside18.61% Upside196.40% Upside9.98% Upside
News Sentiment RatingNeutral News
Positive News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/23/2024Sanford C. Bernstein
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 Initiated CoverageOutperform$227.00+16.37%
4/26/2024BMO Capital Markets
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 Boost TargetMarket Perform$215.00 ➝ $218.00+17.79%
4/24/2024Barclays
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 Lower TargetOverweight ➝ Overweight$212.00 ➝ $210.00+12.40%
4/23/2024JMP Securities
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 Boost TargetMarket Outperform ➝ Market Outperform$204.00 ➝ $220.00+23.47%
3/21/2024KeyCorp
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 Initiated CoverageOverweight
2/2/2024Jefferies Financial Group
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 UpgradeHold ➝ Buy
1/26/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$185.00 ➝ $207.00+19.26%
7/21/2023Oppenheimer
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 Reiterated RatingMarket Perform
4/25/2023Citigroup
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 UpgradeNeutral ➝ Buy
3/17/2023BNP Paribas
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 UpgradeNeutral ➝ Outperform$143.00+18.87%
1/19/2023Cowen
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 Boost TargetMarket Perform$106.00 ➝ $116.00-0.92%
1/12/2023Deutsche Bank Aktiengesellschaft
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 Boost TargetBuy ➝ Buy€115.00 ➝ €120.00
12/6/2022Oddo Bhf
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Nicolas David
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DowngradeNeutral ➝ Underperform
12/2/2022Stifel Nicolaus
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 Boost TargetBuy ➝ Buy€130.00 ➝ €135.00
10/26/2022Cowen
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 Lower Target$107.00 ➝ $106.00+7.58%
10/21/2022JPMorgan Chase & Co.
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 UpgradeNeutral ➝ Overweight
10/14/2022Morgan Stanley
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 Lower TargetOverweight ➝ Overweight€122.00 ➝ €115.00
7/11/2022Credit Suisse Group
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 Reiterated RatingOutperform
7/5/2022Berenberg Bank
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 Initiated CoverageBuy
6/30/2022Exane BNP Paribas
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Stefan Slowinski
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DowngradeOutperform ➝ Neutral$105.00+17.14%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 06:06 AM ET.

SAP Frequently Asked Questions

What is SAP's stock forecast and purchase recommendation?

According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for SAP is $216.40, with a high forecast of $227.00 and a low forecast of $207.00. The consensus rating for SAP stock is Moderate Buy based on the current 2 hold ratings and 6 buy ratings for SAP. Learn more on SAP's analyst rating history.

Do Wall Street analysts like SAP more than its competitors?

Analysts like SAP more than other "computer and technology" companies. The consensus rating score for SAP is 2.75 while the average consensus rating score for "computer and technology" companies is 2.59. Learn more on how SAP compares to other companies.

Does SAP's stock price have much upside?

According to analysts, SAP's stock has a predicted upside of 17.77% based on their 12-month stock forecasts.

What analysts cover SAP?

SAP has been rated by research analysts at Barclays, BMO Capital Markets, JMP Securities, KeyCorp, and Sanford C. Bernstein in the past 90 days.


Stock Forecasts and Research Tools

This page (NYSE:SAP) was last updated on 6/2/2024 by MarketBeat.com Staff

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