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SAP (SAP) Stock Forecast & Price Target

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$236.25 +0.22 (+0.09%)
(As of 11/22/2024 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

Sell
0
Hold
1
Buy
8

Based on 9 Wall Street analysts who have issued ratings for SAP in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 9 analysts, 1 has given a hold rating, and 8 have given a buy rating for SAP.

Consensus Price Target

$252.33
6.81% Upside
According to the 9 analysts' twelve-month price targets for SAP, the average price target is $252.33. The highest price target for SAP is $300.00, while the lowest price target for SAP is $207.00. The average price target represents a forecasted upside of 6.81% from the current price of $236.25.
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SAP Analyst Ratings Over Time

TypeCurrent Forecast
11/26/23 to 11/25/24
1 Month Ago
10/27/23 to 10/26/24
3 Months Ago
8/28/23 to 8/27/24
1 Year Ago
11/26/22 to 11/26/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
8 Buy rating(s)
8 Buy rating(s)
8 Buy rating(s)
7 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
4 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$252.33$252.33$232.00$151.00
Forecasted Upside6.81% Upside6.16% Upside6.45% Upside-2.07% Downside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

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
2.89
2.68
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside6.81% Upside532.55% Upside7.66% Upside
News Sentiment Rating
Positive News

See Recent SAP News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/23/2024Barclays
3 of 5 stars
 Boost TargetOverweight ➝ Overweight$252.00 ➝ $275.00+17.27%
10/22/2024TD Cowen
4 of 5 stars
 Boost TargetHold ➝ Hold$234.00 ➝ $240.00+3.69%
10/22/2024JMP Securities
2 of 5 stars
 Boost TargetMarket Outperform ➝ Market Outperform$245.00 ➝ $300.00+27.07%
10/22/2024BMO Capital Markets
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K. Bachman
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Boost TargetOutperform ➝ Outperform$248.00 ➝ $265.00+15.48%
7/31/2024Argus
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J. Bonner
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UpgradeHold ➝ Buy
5/23/2024Sanford C. Bernstein
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 Initiated CoverageOutperform$227.00+16.37%
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

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 05:43 AM ET.


Should I Buy SAP Stock? SAP Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, November 21, 2024. Please send any questions or comments about these SAP pros and cons to contact@marketbeat.com.

SAP
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in SAP SE:

  • SAP SE reported a quarterly revenue of $8.47 billion, reflecting a 9.4% increase compared to the same quarter last year, indicating strong growth potential.
  • The company has a return on equity of 11.44%, which suggests effective management in generating profits from shareholders' equity.
  • Analysts forecast earnings per share (EPS) of 4.85 for the current fiscal year, signaling expected profitability and potential for stock price appreciation.
  • Recent upgrades from multiple brokerages, including JMP Securities raising the price target to $300.00, indicate positive market sentiment and confidence in SAP SE's future performance.
  • The current stock price is around $252.33, which is below some analysts' target prices, suggesting potential upside for investors looking for growth opportunities.

SAP
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in SAP SE for these reasons:

  • SAP SE's earnings per share of $1.23 for the latest quarter missed analysts' expectations of $1.31, which may raise concerns about the company's ability to meet future targets.
  • The net margin of 8.15% indicates that while the company is profitable, there may be challenges in controlling costs and maximizing profitability.
  • Despite revenue growth, the reported figure was below analyst estimates of $9.25 billion, which could signal potential weaknesses in sales performance or market demand.
  • One analyst has rated the stock as a hold, suggesting that there may be uncertainty about the stock's short-term performance.
  • Market volatility and economic conditions could impact SAP SE's performance, making it a riskier investment in the current climate.

SAP Forecast - Frequently Asked Questions

According to the research reports of 9 Wall Street equities research analysts, the average twelve-month stock price forecast for SAP is $252.33, with a high forecast of $300.00 and a low forecast of $207.00.

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SAP in the last year. There is currently 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SAP shares.

According to analysts, SAP's stock has a predicted upside of 6.81% based on their 12-month stock forecasts.

Over the previous 90 days, SAP's stock had 1 downgrade by analysts.

SAP has been rated by research analysts at Barclays, BMO Capital Markets, JMP Securities, and TD Cowen in the past 90 days.

Analysts like SAP more than other "computer and technology" companies. The consensus rating score for SAP is 2.89 while the average consensus rating score for "computer and technology" companies is 2.67. Learn more on how SAP compares to other companies.


This page (NYSE:SAP) was last updated on 11/25/2024 by MarketBeat.com Staff
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