SAP (SAP) Stock Forecast & Price Target

$232.32

+2.84 (+1.24%)

(As of 10/22/2024 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

Moderate Buy

Based on 9 Analyst Ratings

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

$248.50
6.96% Upside

According to the 9 analysts' twelve-month price targets for SAP, the average price target is $248.50. 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 6.96% from the current price of $232.32.

SAP Analyst Ratings Over Time

Type	Current Forecast 10/24/23 to 10/23/24	1 Month Ago 9/24/23 to 9/23/24	3 Months Ago 7/26/23 to 7/25/24	1 Year Ago 10/24/22 to 10/24/23
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)	7 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	$248.50	$232.00	$225.17	$144.57
Forecasted Upside	6.96% Upside	0.70% Upside	6.81% Upside	8.16% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

[Gold & Silver] The Best Way To Buy? (Ad)

With everything happening in the world today - War, Inflation, the Upcoming Presidential Election - we know it’s as important as ever to stay educated and informed. That’s why we’re here to give you all the information you need to make the best decision for yourself and your family when it comes to protecting your savings with precious metals like Gold and Silver.

Yes, I Want This Beginner's Guide to Gold IRAs Now!

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.

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.

SAP Stock vs. The Competition

Type	SAP	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.89	2.67	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Hold
Predicted Upside	6.96% Upside	1,037.28% Upside	7.91% Upside
News Sentiment Rating	Neutral News See Recent SAP News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
10/22/2024	TD Cowen 4 of 5 stars		Boost Target	Hold ➝ Hold	$234.00 ➝ $240.00	+3.69%
10/22/2024	JMP Securities 2 of 5 stars		Boost Target	Market Outperform ➝ Market Outperform	$245.00 ➝ $300.00	+27.07%
10/22/2024	BMO Capital Markets 4 of 5 stars	K. Bachman Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$248.00 ➝ $265.00	+15.48%
9/30/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$251.00 ➝ $252.00	+10.02%
7/31/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Bonner Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Buy
5/23/2024	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$227.00	+16.37%
[625,000% Gain] – Are You Ready for the Next Altcoin Boom? (Ad) All of our key indicators are flashing the same signal: an altcoin season is fast approaching. And if you know anything about crypto, you know that altcoin seasons are where some of the biggest gains happen. Register for the FREE Workshop Now & get $10 in Bitcoin
3/21/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Overweight
2/2/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy
1/26/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$185.00 ➝ $207.00	+19.26%
7/21/2023	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Market Perform
4/25/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy
3/17/2023	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Outperform	$143.00	+18.87%
1/19/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Perform	$106.00 ➝ $116.00	-0.92%
1/12/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	€115.00 ➝ €120.00
12/6/2022	Oddo Bhf Subscribe to MarketBeat All Access for the recommendation accuracy rating	Nicolas David Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Neutral ➝ Underperform
12/2/2022	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	€130.00 ➝ €135.00
10/26/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$107.00 ➝ $106.00	+7.58%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 05:38 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 Friday, October 18, 2024. Please send any questions or comments about these SAP pros and cons to contact@marketbeat.com.

SAP
Bull Case

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

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 $248.50, with a high forecast of $300.00 and a low forecast of $207.00.
: 9 Wall Street equities 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 equities research analysts is that investors should "moderate buy" SAP shares.
: According to analysts, SAP's stock has a predicted upside of 6.96% based on their 12-month stock forecasts.
: Over the previous 90 days, SAP's stock had 1 upgrade and 1 downgrade by analysts.
: SAP has been rated by research analysts at Argus, 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.

Stock Forecasts and Research Tools

Related Companies

Today's Ratings

Top Rated Stocks

More Ratings Tools

This algorithmic pattern is behind 80% of all daily stock moves (Ad)

Patterns that often precede a bullish move to the upside. In fact, by following these patterns our top trader has found 96 winning opportunities out of the 129 he’s targeted… And for the first time on a large scale, he’s going to show you how to find these algorithmic patterns… As you’ll see right here, you can find them with just one single indicator and your two eyes… This week, he’s hosting a free class where we’ll show you what this pattern is and what causes it to form… Of course, he could never promise a future return or against losses

This page (NYSE:SAP) was last updated on 10/23/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

Get Started with MarketBeat

	Read Your Daily Newsletter
	Check Out My MarketBeat
	Watch Our Tutorial Videos
	Add a Stock to Your Watchlist
	Set Up an Instant Alert
	View a Company's Profile Page
	View Our Financial Calendars
	View Today's Analyst Ratings

SAP (SAP) Stock Forecast & Price Target