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SAP (SAP) Stock Forecast & Price Target

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$235.73 +0.71 (+0.30%)
(As of 12:50 PM 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
7.04% 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 7.04% from the current price of $235.73.
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SAP Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
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$248.50$232.00$151.00
Forecasted Upside7.04% Upside6.96% Upside5.86% Upside-1.38% 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 Upside7.28% Upside546.26% Upside9.87% 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 Thursday at 01:00 PM 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 Wednesday, November 6, 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 has shown consistent revenue growth, with a 9.7% increase in quarterly revenue compared to the same period last year, indicating a strong financial performance.
  • Analysts predict SAP SE will post 4.77 earnings per share for the current fiscal year, reflecting positive earnings potential.
  • Wall Street analysts have given SAP SE an average rating of "Moderate Buy" with a target price of $232.17, suggesting a positive outlook for the stock.
  • SAP SE's stock price has been on an upward trend, reaching $228.90 during midday trading on the latest available date, indicating investor confidence in the company.
  • SAP SE provides applications, technology, and services worldwide, offering diversified revenue streams and global market exposure.

SAP
Bear Case

red Wall Street bear icon

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

  • SAP SE's PE ratio of 49.65 and P/E/G ratio of 4.25 may indicate the stock is currently overvalued, potentially leading to limited upside for investors.
  • While SAP SE has a one year high of $231.13, the stock's volatility with a beta of 1.25 could pose risks for investors in fluctuating market conditions.
  • Despite positive analyst ratings, there is always a level of uncertainty in the market that could impact SAP SE's stock performance in the short term.
  • Investing in SAP SE involves exposure to the software industry, which can be subject to rapid technological changes and competitive pressures affecting profitability.
  • Market conditions and macroeconomic factors can influence SAP SE's business operations and financial results, introducing external risks to investors.

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

According to analysts, SAP's stock has a predicted upside of 7.04% 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 2.68. Learn more on how SAP compares to other companies.


This page (NYSE:SAP) was last updated on 11/21/2024 by MarketBeat.com Staff
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