SAP Analyst Ratings and Price Targets | NYSE:SAP

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SAP Analyst Ratings

SAPNYSE

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$226.92

-6.67-2.86%

At close: Jan 20, 4:00 PM EST

$227.00

0.080.04%

After Hours: 7:02 PM EST

Q4 2025 Earnings in 9 days from now on Thu Jan 29th, before the market open

Overview News Earnings Options Guidance Dividends

Analyst Ratings

Short Interest Government Trades Stock Report

Consensus Rating¹

Outperform

Highest Price Target¹

$375.00

Lowest Price Target¹

$207.00

Consensus Price Target¹

$291.00

SAP Analyst Ratings and Price Targets | NYSE:SAP | Benzinga

SAP SE has a consensus price target of $291 based on the ratings of 10 analysts. The high is $375 issued by JMP Securities on October 23, 2025. The low is $207 issued by Goldman Sachs on January 26, 2024. The 3 most-recent analyst ratings were released by Argus Research, Barclays, and JMP Securities on October 24, 2025, October 24, 2025, and October 23, 2025, respectively. With an average price target of $347.67 between Argus Research, Barclays, and JMP Securities, there's an implied 53.16% upside for SAP SE from these most-recent analyst ratings.

Analyst Trends and Forecast

Jul 25

Oct 25

Buy

Hold

Sell

Strong Sell

Analyst Rating and Forecast

4.2

Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Analyst Firms Making Recommendations¹

Argus Research

Barclays

JMP Securities

BMO Capital

TD Cowen

¹calculated from analyst ratings

Analyst Ratings for SAP

	Buy Now						Get Alert
10/24/2025	Buy Now	40.97%	Argus Research	$320 → $320	Reiterates	Buy → Buy	Get Alert
10/24/2025	Buy Now	53.3%	Barclays	$322 → $348	Maintains	Overweight	Get Alert
10/23/2025	Buy Now	65.2%	JMP Securities	$375 → $375	Reiterates	Market Outperform → Market Outperform	Get Alert
10/23/2025	Buy Now	40.97%	BMO Capital	$330 → $320	Maintains	Outperform	Get Alert
07/25/2025	Buy Now	41.85%	Barclays	$308 → $322	Maintains	Overweight	Get Alert
07/23/2025	Buy Now	65.2%	JMP Securities	$330 → $375	Maintains	Market Outperform	Get Alert
05/23/2025	Buy Now	45.37%	BMO Capital	$320 → $330	Maintains	Outperform	Get Alert
05/23/2025	Buy Now	45.37%	JMP Securities	$330 → $330	Reiterates	Market Outperform → Market Outperform	Get Alert
05/20/2025	Buy Now	—	Wells Fargo	—	Initiates	→ Overweight	Get Alert
04/29/2025	Buy Now	40.97%	Argus Research	$320 → $320	Reiterates	Buy → Buy	Get Alert
04/24/2025	Buy Now	35.68%	Barclays	$286 → $308	Maintains	Overweight	Get Alert
04/16/2025	Buy Now	32.16%	BMO Capital	$307 → $300	Maintains	Outperform	Get Alert
01/30/2025	Buy Now	25.99%	Barclays	$283 → $286	Maintains	Overweight	Get Alert
01/29/2025	Buy Now	35.24%	BMO Capital	$265 → $307	Maintains	Outperform	Get Alert
01/29/2025	Buy Now	45.37%	JMP Securities	$300 → $330	Maintains	Market Outperform	Get Alert
01/23/2025	Buy Now	24.67%	Barclays	$275 → $283	Maintains	Overweight	Get Alert
10/23/2024	Buy Now	21.15%	Barclays	$252 → $275	Maintains	Overweight	Get Alert
10/22/2024	Buy Now	16.74%	BMO Capital	$248 → $265	Maintains	Outperform	Get Alert
10/22/2024	Buy Now	5.73%	TD Cowen	$234 → $240	Maintains	Hold	Get Alert
10/22/2024	Buy Now	32.16%	JMP Securities	$245 → $300	Maintains	Market Outperform	Get Alert
10/16/2024	Buy Now	—	Cleveland Research	—	Upgrade	Neutral → Buy	Get Alert
09/30/2024	Buy Now	11.01%	Barclays	$251 → $252	Maintains	Overweight	Get Alert
08/13/2024	Buy Now	10.57%	Barclays	$217 → $251	Maintains	Overweight	Get Alert
07/31/2024	Buy Now	—	Argus Research	—	Upgrade	Hold → Buy	Get Alert
07/23/2024	Buy Now	-5.73%	TD Cowen	$188 → $214	Maintains	Hold	Get Alert
07/23/2024	Buy Now	7.93%	JMP Securities	$220 → $245	Maintains	Market Outperform	Get Alert
07/23/2024	Buy Now	9.25%	BMO Capital	$237 → $248	Maintains	Outperform	Get Alert
06/28/2024	Buy Now	4.41%	BMO Capital	$218 → $237	Upgrade	Market Perform → Outperform	Get Alert
05/23/2024	Buy Now	—	Bernstein	→ $227	Initiates	→ Outperform	Get Alert
04/24/2024	Buy Now	-7.49%	Barclays	$212 → $210	Maintains	Overweight	Get Alert
04/23/2024	Buy Now	-3.08%	JMP Securities	$204 → $220	Maintains	Market Outperform	Get Alert
04/03/2024	Buy Now	-6.61%	Barclays	$189 → $212	Maintains	Overweight	Get Alert
03/11/2024	Buy Now	-5.29%	BMO Capital	$195 → $215	Maintains	Market Perform	Get Alert
01/26/2024	Buy Now	-16.74%	Barclays	$156 → $189	Maintains	Overweight	Get Alert
01/26/2024	Buy Now	-8.81%	Goldman Sachs	$185 → $207	Maintains	Buy	Get Alert
01/25/2024	Buy Now	-14.1%	BMO Capital	$147 → $195	Maintains	Market Perform	Get Alert
01/17/2024	Buy Now	-18.5%	Goldman Sachs	$168 → $185	Maintains	Buy	Get Alert
10/20/2023	Buy Now	-35.24%	BMO Capital	$140 → $147	Maintains	Market Perform	Get Alert
10/19/2023	Buy Now	-21.15%	JMP Securities	→ $179	Reiterates	Market Outperform → Market Outperform	Get Alert
08/02/2023	Buy Now	-22.47%	Bernstein	$169 → $176	Maintains	Outperform	Get Alert
07/21/2023	Buy Now	-21.15%	JMP Securities	→ $179	Reiterates	Market Outperform → Market Outperform	Get Alert
07/21/2023	Buy Now	-36.12%	Barclays	$146 → $145	Maintains	Overweight	Get Alert
07/21/2023	Buy Now	—	Oppenheimer	—	Maintains	Perform	Get Alert
07/19/2023	Buy Now	-35.68%	Barclays	$136 → $146	Maintains	Overweight	Get Alert
05/17/2023	Buy Now	-21.15%	JMP Securities	$170 → $179	Maintains	Market Outperform	Get Alert
04/24/2023	Buy Now	-38.33%	BMO Capital	$125 → $140	Maintains	Market Perform	Get Alert
04/24/2023	Buy Now	-25.11%	JMP Securities	→ $170	Reiterates	→ Market Outperform	Get Alert
04/24/2023	Buy Now	-40.09%	Barclays	$134 → $136	Maintains	Overweight	Get Alert
04/17/2023	Buy Now	-40.97%	Barclays	$137 → $134	Maintains	Overweight	Get Alert
03/21/2023	Buy Now	-32.16%	Bernstein	$144 → $154	Maintains	Outperform	Get Alert
03/08/2023	Buy Now	-39.65%	Barclays	$136 → $137	Maintains	Overweight	Get Alert
01/27/2023	Buy Now	-44.93%	BMO Capital	$110 → $125	Maintains	Market Perform	Get Alert

FAQ

What is the target price for SAP (SAP) stock?

The latest price target for SAP (NYSE:SAP) was reported by Argus Research on October 24, 2025. The analyst firm set a price target for $320.00 expecting SAP to rise to within 12 months (a possible 40.97% upside). 16 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for SAP (SAP)?

The latest analyst rating for SAP (NYSE:SAP) was provided by Argus Research, and SAP reiterated their buy rating.

When was the last upgrade for SAP (SAP)?

The last upgrade for SAP SE happened on October 16, 2024 when Cleveland Research raised their price target to N/A. Cleveland Research previously had a neutral for SAP SE.

When was the last downgrade for SAP (SAP)?

There is no last downgrade for SAP.

When is the next analyst rating going to be posted or updated for SAP (SAP)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of SAP, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for SAP was filed on October 24, 2025 so you should expect the next rating to be made available sometime around October 24, 2026.

Is the Analyst Rating SAP (SAP) correct?

While ratings are subjective and will change, the latest SAP (SAP) rating was a reiterated with a price target of $320.00 to $320.00. The current price SAP (SAP) is trading at is $227.00, which is out of the analyst’s predicted range.

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