SAP (NYSE:SAP – Get Free Report) was downgraded by research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued to investors on Sunday.
Other equities research analysts have also issued research reports about the company. Citigroup lowered SAP from a “buy” rating to a “hold” rating in a research note on Friday, January 30th. KeyCorp reaffirmed an “overweight” rating on shares of SAP in a report on Thursday, October 23rd. TD Cowen reissued a “buy” rating on shares of SAP in a report on Friday, January 30th. JMP Securities restated a “market outperform” rating and issued a $375.00 price target on shares of SAP in a research report on Thursday, October 23rd. Finally, Citizens Jmp lowered shares of SAP from an “outperform” rating to a “market perform” rating in a research report on Friday, January 30th. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $305.75.
Check Out Our Latest Stock Report on SAP
SAP Stock Performance
SAP (NYSE:SAP – Get Free Report) last announced its quarterly earnings data on Thursday, January 29th. The software maker reported $1.90 EPS for the quarter, beating the consensus estimate of $1.77 by $0.13. SAP had a net margin of 19.92% and a return on equity of 16.52%. The firm had revenue of $11.36 billion during the quarter, compared to analysts’ expectations of $9.77 billion. During the same quarter last year, the business earned $1.40 earnings per share. The business’s revenue for the quarter was up 3.3% compared to the same quarter last year. Analysts expect that SAP will post 6.55 earnings per share for the current fiscal year.
Institutional Trading of SAP
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Fisher Asset Management LLC grew its holdings in shares of 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 in the last quarter. Bank of America Corp DE boosted its position in SAP by 58.1% during the second quarter. Bank of America Corp DE now owns 2,650,418 shares of the software maker’s stock worth $805,992,000 after acquiring an additional 973,779 shares during the last quarter. Windacre Partnership LLC grew its stake in SAP by 130.9% in the 3rd quarter. Windacre Partnership LLC now owns 2,357,225 shares of the software maker’s stock worth $629,874,000 after acquiring an additional 1,336,325 shares during the period. Northern Trust Corp grew its stake in SAP by 3.2% in the 3rd quarter. Northern Trust Corp now owns 1,560,994 shares of the software maker’s stock worth $417,113,000 after acquiring an additional 49,111 shares during the period. Finally, Ameriprise Financial Inc. raised its holdings in SAP by 2.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,120,408 shares of the software maker’s stock valued at $296,828,000 after acquiring an additional 30,806 shares during the last quarter.
Key Headlines Impacting SAP
Here are the key news stories impacting SAP this week:
- Positive Sentiment: Zacks upgraded SAP to a “strong-buy” and added the stock to its Zacks Rank #1 list, boosting buy-side attention and momentum. New Strong Buy Stocks for February 5th
- Positive Sentiment: Piper Sandler initiated coverage on SAP, bringing additional analyst focus and potential flow from institutional investors that follow the firm’s research. Piper Sandler Initiates Coverage on SAP
- Positive Sentiment: SAP announced a multi-season partnership with N4XT Experiences to power digital and retail infrastructure for New York Fashion Week — a commercial reference win that highlights SAP’s retail and experiential commerce strategy. N4XT Experiences and SAP Announce Partnership
- Positive Sentiment: Coverage of SAP’s Joule for Consultants highlights ongoing AI product innovation aimed at improving project delivery and competitive differentiation in transformation services. AI for transformation: How SAP’s Joule for Consultants reimagines project delivery
- Neutral Sentiment: A comparative piece contrasts SAP with smaller peers (SofTech), offering context for investors assessing relative valuation and market positioning but not introducing new company-specific catalysts. Comparing SAP & SofTech
- Negative Sentiment: Research reported by media finds most SAP migrations exceed budgets and timelines, a reminder that implementation complexity can create customer churn, delay revenue recognition and pressure services margins. Most SAP migrations bust budgets and project timelines
SAP Company Profile
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.
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