SAP (NYSE:SAP – Free Report) had its price objective upped by BMO Capital Markets from $175.00 to $177.00 in a research report released on Friday, Marketbeat Ratings reports. They currently have an outperform rating on the software maker’s stock.
A number of other brokerages have also issued reports on SAP. Wall Street Zen lowered shares of SAP from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Weiss Ratings lowered shares of SAP from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, July 16th. Barclays dropped their price objective on shares of SAP from $257.00 to $255.00 and set an “overweight” rating on the stock in a report on Tuesday. HSBC raised shares of SAP from a “hold” rating to a “buy” rating in a research report on Wednesday, April 22nd. Finally, Santander raised SAP from a “neutral” rating to an “outperform” rating in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, SAP presently has an average rating of “Moderate Buy” and a consensus price target of $267.00.
Read Our Latest Analysis on SAP
SAP Price Performance
SAP (NYSE:SAP – Get Free Report) last issued its quarterly earnings results on Friday, February 27th. The software maker reported $1.99 EPS for the quarter. SAP had a return on equity of 17.16% and a net margin of 20.88%.The company had revenue of $11.06 billion for the quarter. Research analysts predict that SAP will post 8.28 earnings per share for the current year.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in SAP. Dara Capital US Inc. bought a new stake in SAP during the fourth quarter worth about $3,342,000. Dash Acquisitions Inc. raised its stake in shares of SAP by 8.7% in the fourth quarter. Dash Acquisitions Inc. now owns 78,880 shares of the software maker’s stock valued at $19,161,000 after acquiring an additional 6,315 shares during the last quarter. Sequoia Financial Advisors LLC boosted its holdings in shares of SAP by 59.7% in the 1st quarter. Sequoia Financial Advisors LLC now owns 18,091 shares of the software maker’s stock worth $3,097,000 after acquiring an additional 6,763 shares in the last quarter. Rock Point Advisors LLC boosted its holdings in shares of SAP by 66.5% in the 4th quarter. Rock Point Advisors LLC now owns 33,569 shares of the software maker’s stock worth $8,154,000 after acquiring an additional 13,413 shares in the last quarter. Finally, Sterling Investment Management LLC bought a new stake in SAP during the 4th quarter worth approximately $1,512,000.
More SAP News
Here are the key news stories impacting SAP this week:
- Positive Sentiment: SAP delivered solid Q2 results, with total revenue up about 9% year over year, cloud revenue up more than 20%, and current cloud backlog rising sharply, reinforcing confidence in the company’s long-term growth engine. SAP Quarterly Statement Q2 2026
- Positive Sentiment: Management said SAP’s AI strategy and cloud momentum are supporting demand, with analysts and media reports noting that strong backlog growth helped offset concerns that AI could disrupt enterprise software. SAP Q2 Earnings Up Y/Y on Cloud Demand, Buyouts Impact Profit Outlook
- Positive Sentiment: BMO Capital Markets raised its price target on SAP and kept an outperform rating, suggesting Wall Street still sees upside after the earnings release. Benzinga / The Fly report
- Neutral Sentiment: Several reports highlighted SAP’s message that AI must move beyond basic chatbots and into more complex enterprise workflows before it creates meaningful returns, underscoring both opportunity and execution risk. Reuters SAP CFO AI comments
- Negative Sentiment: SAP lowered its 2026 operating profit outlook because AI acquisitions and related spending are weighing on earnings, which may cap near-term margin expansion even as revenue trends improve. SAP Cuts 2026 Operating Profit Outlook
- Negative Sentiment: Investors are also weighing the earnings miss versus expectations, as SAP’s quarterly EPS came in below consensus despite the strong cloud performance. SAP quarterly earnings report
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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