Wall Street Zen Upgrades SAP (NYSE:SAP) to Buy

SAP (NYSE:SAP) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Saturday.

Several other research analysts have also recently issued reports on SAP. Citigroup cut shares of SAP from a “buy” rating to a “market perform” rating in a report on Friday. Citizens Jmp downgraded shares of SAP from an “outperform” rating to a “market perform” rating in a research note on Friday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of SAP in a report on Friday. TD Cowen restated a “buy” rating on shares of SAP in a report on Friday. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of SAP in a research report on Friday. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $322.00.

SAP Price Performance

Shares of SAP stock opened at $201.09 on Friday. SAP has a twelve month low of $195.12 and a twelve month high of $313.28. The company has a current ratio of 1.11, a quick ratio of 1.10 and a debt-to-equity ratio of 0.14. The stock has a fifty day simple moving average of $239.43 and a two-hundred day simple moving average of $260.24. The stock has a market capitalization of $247.04 billion, a price-to-earnings ratio of 28.52, a P/E/G ratio of 2.36 and a beta of 1.18.

Hedge Funds Weigh In On SAP

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SAP. CX Institutional increased its holdings in shares of SAP by 2.0% in the third quarter. CX Institutional now owns 1,961 shares of the software maker’s stock valued at $524,000 after purchasing an additional 38 shares during the period. Kathmere Capital Management LLC boosted its position in SAP by 1.0% in the third quarter. Kathmere Capital Management LLC now owns 4,019 shares of the software maker’s stock valued at $1,074,000 after buying an additional 40 shares during the last quarter. Binnacle Investments Inc increased its holdings in SAP by 14.2% in the 3rd quarter. Binnacle Investments Inc now owns 338 shares of the software maker’s stock worth $90,000 after buying an additional 42 shares during the period. Certuity LLC increased its holdings in SAP by 2.4% in the 2nd quarter. Certuity LLC now owns 1,866 shares of the software maker’s stock worth $568,000 after buying an additional 43 shares during the period. Finally, Spire Wealth Management raised its position in SAP by 6.2% during the 4th quarter. Spire Wealth Management now owns 740 shares of the software maker’s stock worth $180,000 after buying an additional 43 shares during the last quarter.

Trending Headlines about SAP

Here are the key news stories impacting SAP this week:

• Positive Sentiment: SAP announced a new share repurchase program of up to €10 billion, which supports capital return and offsets some downward pressure. SAP Quarterly Statement Q4 2025
• Positive Sentiment: Q4 results beat on EPS and met revenue expectations; non‑IFRS metrics and cloud revenue showed year‑over‑year gains, indicating underlying profitability and demand. SAP Q4 results (MarketBeat)
• Neutral Sentiment: SAP reported strong cloud bookings and a record backlog in absolute terms, but the market is focused on growth rates and composition rather than headline backlog size. That nuance left investors uncertain. SAP cloud bookings jump 30% (Investing.com)
• Negative Sentiment: The primary catalyst for the selloff was a slower‑than‑expected increase in the cloud contract backlog and conservative 2026 commentary — investors punished the stock with its largest one‑day drop since 2020. What Went Wrong With SAP Stock? (Forbes)
• Negative Sentiment: Sector peers’ results (and AI‑era competition) amplified fears that AI incumbents and niche cloud players could pressure SAP’s growth, contributing to broader software stock weakness. US software stocks slide after SAP, ServiceNow results (Reuters)
• Negative Sentiment: Negative headlines compounded the sentiment: Siemens briefly overtook SAP as Germany’s most valuable company after the selloff, and SAP faced an analyst downgrade — visible signals of waning investor confidence. Siemens overtakes SAP (Seeking Alpha)
• Negative Sentiment: Management dismissed three executives over alleged stolen trade secrets, adding governance/legal uncertainty to near‑term headlines. Stolen trade secrets / executive dismissals (Heise)

About SAP

SAP SE is a global enterprise software company headquartered in Walldorf, Germany. Founded in 1972 by five former IBM engineers, the company’s name is an acronym for Systeme, Anwendungen und Produkte in der Datenverarbeitung (Systems, Applications & Products in Data Processing). SAP develops and sells software and services that help organizations manage business processes across finance, human resources, procurement, manufacturing, supply chain and customer relationships.

SAP’s product portfolio spans on‑premises and cloud offerings, anchored by its enterprise resource planning (ERP) solutions such as SAP S/4HANA and the SAP HANA in‑memory database and platform.