SAP (NYSE:SAP) Stock Rating Lowered by Citizens Jmp

SAP (NYSE:SAP) was downgraded by equities researchers at Citizens Jmp from an “outperform” rating to a “market perform” rating in a research note issued to investors on Friday, Marketbeat.com reports.

Several other research firms have also recently issued reports on SAP. Barclays raised their price target on shares of SAP from $322.00 to $348.00 and gave the stock an “overweight” rating in a research note on Friday, October 24th. Jefferies Financial Group restated a “buy” rating on shares of SAP in a research report on Monday, October 27th. Wall Street Zen downgraded SAP from a “buy” rating to a “hold” rating in a report on Friday, October 3rd. BMO Capital Markets decreased their price objective on SAP from $330.00 to $320.00 and set an “outperform” rating on the stock in a report on Thursday, October 23rd. Finally, Argus reaffirmed a “buy” rating and issued a $320.00 price objective on shares of SAP in a research report on Friday, October 24th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $322.00.

SAP Stock Performance

SAP stock opened at $201.09 on Friday. SAP has a fifty-two week low of $195.12 and a fifty-two week high of $313.28. The company has a market capitalization of $245.96 billion, a price-to-earnings ratio of 28.52, a PEG ratio of 2.36 and a beta of 1.18. The stock has a fifty day moving average of $239.43 and a two-hundred day moving average of $259.95. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.10 and a current ratio of 1.11.

Institutional Trading of SAP

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Fisher Asset Management LLC grew its stake in SAP by 2.8% during the third quarter. Fisher Asset Management LLC now owns 14,549,331 shares of the software maker’s stock worth $3,887,727,000 after buying an additional 392,010 shares during the period. Bank of America Corp DE lifted its holdings in shares of SAP by 58.1% during the 2nd quarter. Bank of America Corp DE now owns 2,650,418 shares of the software maker’s stock valued at $805,992,000 after acquiring an additional 973,779 shares in the last quarter. Windacre Partnership LLC lifted its holdings in shares of SAP by 130.9% during the 3rd quarter. Windacre Partnership LLC now owns 2,357,225 shares of the software maker’s stock valued at $629,874,000 after acquiring an additional 1,336,325 shares in the last quarter. Northern Trust Corp increased its holdings in SAP by 3.2% in the 3rd quarter. Northern Trust Corp now owns 1,560,994 shares of the software maker’s stock valued at $417,113,000 after purchasing an additional 49,111 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its position in SAP by 2.8% in the third quarter. Ameriprise Financial Inc. now owns 1,120,408 shares of the software maker’s stock valued at $296,828,000 after purchasing an additional 30,806 shares during the period.

Key SAP News

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.