BMO Capital Markets Issues Positive Forecast for SAP (NYSE:SAP) Stock Price

SAP (NYSE:SAP) had its target price raised by equities researchers at BMO Capital Markets from $175.00 to $177.00 in a note issued to investors on Friday. The brokerage presently has an “outperform” rating on the software maker’s stock. BMO Capital Markets’ price target points to a potential upside of 21.03% from the company’s previous close.

A number of other equities analysts have also recently issued reports on the company. HSBC upgraded SAP from a “hold” rating to a “buy” rating in a report on Wednesday, April 22nd. Weiss Ratings downgraded SAP from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, July 16th. The Goldman Sachs Group reissued a “buy” rating and set a $265.00 target price on shares of SAP in a research note on Wednesday, June 10th. Barclays cut their price target on shares of SAP from $257.00 to $255.00 and set an “overweight” rating on the stock in a report on Tuesday. Finally, Wall Street Zen downgraded shares of SAP from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $267.00.

SAP Stock Down 1.7%

Shares of NYSE SAP opened at $146.24 on Friday. SAP has a 1 year low of $144.97 and a 1 year high of $299.48. The firm has a 50-day simple moving average of $165.78 and a two-hundred day simple moving average of $184.61. The company has a market cap of $179.66 billion, a P/E ratio of 19.76, a PEG ratio of 1.71 and a beta of 1.14. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.07 and a quick ratio of 1.07.

SAP (NYSE:SAP) last released its earnings results on Friday, February 27th. The software maker reported $1.99 EPS for the quarter. SAP had a return on equity of 17.31% and a net margin of 20.08%.The firm had revenue of $11.06 billion for the quarter. Research analysts anticipate that SAP will post 8.28 earnings per share for the current year.

Institutional Trading of SAP

Institutional investors and hedge funds have recently made changes to their positions in the company. Sound Income Strategies LLC increased its position in SAP by 109.4% during the 4th quarter. Sound Income Strategies LLC now owns 111 shares of the software maker’s stock valued at $26,000 after purchasing an additional 58 shares during the period. Bayban purchased a new stake in shares of SAP in the 4th quarter worth approximately $28,000. Annis Gardner Whiting Capital Advisors LLC lifted its position in shares of SAP by 758.8% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 146 shares of the software maker’s stock worth $35,000 after purchasing an additional 129 shares during the period. Riggs Asset Managment Co. Inc. boosted its stake in shares of SAP by 83.8% during the second quarter. Riggs Asset Managment Co. Inc. now owns 147 shares of the software maker’s stock valued at $45,000 after purchasing an additional 67 shares in the last quarter. Finally, American National Bank & Trust increased its holdings in SAP by 641.7% during the fourth quarter. American National Bank & Trust now owns 178 shares of the software maker’s stock valued at $43,000 after buying an additional 154 shares during the period.

More SAP News

Here are the key news stories impacting SAP this week:

• Positive Sentiment: SAP reported strong cloud momentum, with current cloud backlog rising 27%, cloud revenue up 22%, and total revenue up 9%, signaling that demand for its enterprise software remains solid. SAP Quarterly Statement Q2 2026
• Positive Sentiment: Investors appeared encouraged that SAP’s cloud growth is holding up despite AI-related worries, with the company saying AI in enterprise software needs to prove value in more complex business processes before meaningful returns show up. SAP CFO says AI must move beyond chatbot ‘low-hanging fruit’ before seeing returns
• Neutral Sentiment: SAP beat the prior-year comparison on revenue growth, but earnings per share of $1.82 missed estimates of $2.00 and operating profit growth slowed, which keeps some pressure on the stock’s near-term fundamentals. SAP Earnings Report
• Neutral Sentiment: SAP also updated full-year revenue guidance to about $47.3 billion, modestly above consensus, but lowered its operating profit outlook due in part to acquisition-related dilution, creating a mixed read-through for investors. SAP Second-Quarter Revenue Up on Cloud Business Results, Operating Profit Guidance Lowered on Slowing Growth
• Negative Sentiment: Unusually high put option activity suggests some traders are still hedging for downside, reflecting lingering caution after the earnings and guidance update. SAP Sees Unusually High Options Volume

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.