SAP (SAP) Expected to Post Earnings on Thursday

SAP (NYSE:SAP) is anticipated to announce its Q2 2026 results after the market closes on Thursday, July 23rd. Analysts expect the company to post earnings of $2.00 per share and revenue of $11.3482 billion for the quarter. Parties can check the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, July 23, 2026 at 5:00 PM ET.

SAP (NYSE:SAP) last released its earnings results on Friday, February 27th. The software maker reported $1.99 EPS for the quarter. The firm had revenue of $11.06 billion during the quarter. SAP had a net margin of 20.08% and a return on equity of 17.31%. On average, analysts expect SAP to post $8 EPS for the current fiscal year and $10 EPS for the next fiscal year.

SAP Stock Performance

NYSE SAP opened at $158.63 on Tuesday. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.07 and a quick ratio of 1.07. The firm has a market capitalization of $194.88 billion, a price-to-earnings ratio of 21.44, a P/E/G ratio of 1.82 and a beta of 1.14. The company’s fifty day moving average is $166.63 and its two-hundred day moving average is $186.53. SAP has a 52-week low of $148.06 and a 52-week high of $308.55.

Institutional Investors Weigh In On SAP

Several institutional investors and hedge funds have recently made changes to their positions in SAP. Bank of America Corp DE increased its position 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 worth $805,992,000 after purchasing an additional 973,779 shares in the last quarter. Windacre Partnership LLC boosted its position in SAP by 130.9% in the third quarter. Windacre Partnership LLC now owns 2,357,225 shares of the software maker’s stock valued at $629,874,000 after buying an additional 1,336,325 shares in the last quarter. Northern Trust Corp boosted its position in SAP by 3.2% in the third quarter. Northern Trust Corp now owns 1,560,994 shares of the software maker’s stock valued at $417,113,000 after buying an additional 49,111 shares in the last quarter. JPMorgan Chase & Co. grew its stake in SAP by 7.5% during the fourth quarter. JPMorgan Chase & Co. now owns 1,200,024 shares of the software maker’s stock worth $291,498,000 after buying an additional 83,349 shares during the last quarter. Finally, Sustainable Growth Advisers LP grew its stake in SAP by 1,126.3% during the third quarter. Sustainable Growth Advisers LP now owns 842,416 shares of the software maker’s stock worth $225,102,000 after buying an additional 773,720 shares during the last quarter.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on SAP. Weiss Ratings lowered shares of SAP from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday. TD Cowen lowered their price target on SAP from $230.00 to $210.00 and set a “buy” rating on the stock in a research note on Friday. Piper Sandler cut SAP from an “overweight” rating to a “neutral” rating in a report on Tuesday, April 14th. The Goldman Sachs Group reiterated a “buy” rating and issued a $265.00 price objective on shares of SAP in a research report on Wednesday, June 10th. Finally, Barclays lifted their price objective on SAP from $256.00 to $257.00 and gave the stock an “overweight” rating in a report on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $271.17.

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.