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$298.07
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$298.99
0.920.31%
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SAP Analyst Ratings and Price Targets | NYSE:SAP | Benzinga
SAP SE has a consensus price target of $259.75 based on the ratings of 14 analysts. The high is $330 issued by BMO Capital on May 23, 2025. The low is $116 issued by Cowen & Co. on January 19, 2023. The 3 most-recent analyst ratings were released by BMO Capital, JMP Securities, and Argus Research on May 23, 2025, May 23, 2025, and April 29, 2025, respectively. With an average price target of $326.67 between BMO Capital, JMP Securities, and Argus Research, there's an implied 9.26% upside for SAP SE from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
BMO Capital
JMP Securities
Argus Research
Barclays
TD Cowen
1calculated from analyst ratings
Analyst Ratings for SAP
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/23/2025 | Buy Now | 10.37% | BMO Capital | Keith Bachman82% | $320 → $330 | Maintains | Outperform | Get Alert |
| 05/23/2025 | Buy Now | 10.37% | JMP Securities | Patrick Walravens65% | $330 → $330 | Reiterates | Market Outperform → Market Outperform | Get Alert |
| 05/20/2025 | Buy Now | — | Wells Fargo | Michael Turrin64% | — | Initiates | → Overweight | Get Alert |
| 04/29/2025 | Buy Now | 7.03% | Argus Research | Joseph Bonner73% | $320 → $320 | Reiterates | Buy → Buy | Get Alert |
| 04/24/2025 | Buy Now | 3.01% | Barclays | Raimo Lenschow73% | $286 → $308 | Maintains | Overweight | Get Alert |
| 01/30/2025 | Buy Now | -4.34% | Barclays | Raimo Lenschow73% | $283 → $286 | Maintains | Overweight | Get Alert |
| 01/29/2025 | Buy Now | 2.68% | BMO Capital | Keith Bachman82% | $265 → $307 | Maintains | Outperform | Get Alert |
| 01/29/2025 | Buy Now | 10.37% | JMP Securities | Patrick Walravens65% | $300 → $330 | Maintains | Market Outperform | Get Alert |
| 01/23/2025 | Buy Now | -5.35% | Barclays | Raimo Lenschow73% | $275 → $283 | Maintains | Overweight | Get Alert |
| 10/23/2024 | Buy Now | -8.02% | Barclays | Raimo Lenschow73% | $252 → $275 | Maintains | Overweight | Get Alert |
| 10/22/2024 | Buy Now | -11.37% | BMO Capital | Keith Bachman82% | $248 → $265 | Maintains | Outperform | Get Alert |
| 10/22/2024 | Buy Now | -19.73% | TD Cowen | J. Derrick Wood73% | $234 → $240 | Maintains | Hold | Get Alert |
| 10/22/2024 | Buy Now | 0.34% | JMP Securities | Patrick Walravens65% | $245 → $300 | Maintains | Market Outperform | Get Alert |
| 10/16/2024 | Buy Now | — | Cleveland Research | — | — | Upgrade | Neutral → Buy | Get Alert |
| 09/30/2024 | Buy Now | -15.72% | Barclays | Raimo Lenschow73% | $251 → $252 | Maintains | Overweight | Get Alert |
| 08/13/2024 | Buy Now | -16.05% | Barclays | Raimo Lenschow73% | $217 → $251 | Maintains | Overweight | Get Alert |
| 07/31/2024 | Buy Now | — | Argus Research | Joseph Bonner73% | — | Upgrade | Hold → Buy | Get Alert |
| 07/23/2024 | Buy Now | -28.43% | TD Cowen | J. Derrick Wood73% | $188 → $214 | Maintains | Hold | Get Alert |
| 07/23/2024 | Buy Now | -18.06% | JMP Securities | Patrick Walravens65% | $220 → $245 | Maintains | Market Outperform | Get Alert |
| 07/23/2024 | Buy Now | -17.05% | BMO Capital | Keith Bachman82% | $237 → $248 | Maintains | Outperform | Get Alert |
| 06/28/2024 | Buy Now | -20.73% | BMO Capital | Keith Bachman82% | $218 → $237 | Upgrade | Market Perform → Outperform | Get Alert |
| 05/23/2024 | Buy Now | -24.08% | Bernstein | Mark Moerdler67% | → $227 | Initiates | → Outperform | Get Alert |
| 04/24/2024 | Buy Now | -29.76% | Barclays | Raimo Lenschow73% | $212 → $210 | Maintains | Overweight | Get Alert |
| 04/23/2024 | Buy Now | -26.42% | JMP Securities | Patrick Walravens65% | $204 → $220 | Maintains | Market Outperform | Get Alert |
| 04/03/2024 | Buy Now | -29.09% | Barclays | Raimo Lenschow73% | $189 → $212 | Maintains | Overweight | Get Alert |
| 03/11/2024 | Buy Now | -28.09% | BMO Capital | Keith Bachman82% | $195 → $215 | Maintains | Market Perform | Get Alert |
| 01/26/2024 | Buy Now | -36.79% | Barclays | Raimo Lenschow73% | $156 → $189 | Maintains | Overweight | Get Alert |
| 01/26/2024 | Buy Now | -30.77% | Goldman Sachs | Mohammed Moawalla70% | $185 → $207 | Maintains | Buy | Get Alert |
| 01/25/2024 | Buy Now | -34.78% | BMO Capital | Keith Bachman82% | $147 → $195 | Maintains | Market Perform | Get Alert |
| 01/17/2024 | Buy Now | -38.13% | Goldman Sachs | Mohammed Moawalla70% | $168 → $185 | Maintains | Buy | Get Alert |
| 10/20/2023 | Buy Now | -50.83% | BMO Capital | Keith Bachman82% | $140 → $147 | Maintains | Market Perform | Get Alert |
| 10/19/2023 | Buy Now | -40.13% | JMP Securities | Patrick Walravens65% | → $179 | Reiterates | Market Outperform → Market Outperform | Get Alert |
| 08/02/2023 | Buy Now | -41.14% | Bernstein | Mark Moerdler67% | $169 → $176 | Maintains | Outperform | Get Alert |
| 07/21/2023 | Buy Now | -40.13% | JMP Securities | Patrick Walravens65% | → $179 | Reiterates | Market Outperform → Market Outperform | Get Alert |
| 07/21/2023 | Buy Now | -51.5% | Barclays | Raimo Lenschow73% | $146 → $145 | Maintains | Overweight | Get Alert |
| 07/21/2023 | Buy Now | — | Oppenheimer | Brian Schwartz58% | — | Maintains | Perform | Get Alert |
| 07/19/2023 | Buy Now | -51.17% | Barclays | Raimo Lenschow73% | $136 → $146 | Maintains | Overweight | Get Alert |
| 05/17/2023 | Buy Now | -40.13% | JMP Securities | Patrick Walravens65% | $170 → $179 | Maintains | Market Outperform | Get Alert |
| 04/24/2023 | Buy Now | -53.18% | BMO Capital | Keith Bachman82% | $125 → $140 | Maintains | Market Perform | Get Alert |
| 04/24/2023 | Buy Now | -43.14% | JMP Securities | Patrick Walravens65% | → $170 | Reiterates | → Market Outperform | Get Alert |
| 04/24/2023 | Buy Now | -54.51% | Barclays | Raimo Lenschow73% | $134 → $136 | Maintains | Overweight | Get Alert |
| 04/17/2023 | Buy Now | -55.18% | Barclays | Raimo Lenschow73% | $137 → $134 | Maintains | Overweight | Get Alert |
| 03/21/2023 | Buy Now | -48.49% | Bernstein | Mark Moerdler67% | $144 → $154 | Maintains | Outperform | Get Alert |
| 03/08/2023 | Buy Now | -54.18% | Barclays | Raimo Lenschow73% | $136 → $137 | Maintains | Overweight | Get Alert |
| 01/27/2023 | Buy Now | -58.19% | BMO Capital | Keith Bachman82% | $110 → $125 | Maintains | Market Perform | Get Alert |
| 01/19/2023 | Buy Now | -61.2% | Cowen & Co. | Derrick Wood73% | $106 → $116 | Maintains | Market Perform | Get Alert |
| 11/21/2022 | Buy Now | -54.51% | Barclays | Raimo Lenschow73% | $106 → $136 | Upgrade | Equal-Weight → Overweight | Get Alert |
| 11/18/2022 | Buy Now | — | Jefferies | Charles Brennan55% | — | Downgrade | Buy → Underperform | Get Alert |
| 07/22/2022 | Buy Now | -64.55% | Barclays | Raimo Lenschow73% | $108 → $106 | Maintains | Equal-Weight | Get Alert |
| 07/12/2022 | Buy Now | -64.88% | BMO Capital | Keith Bachman82% | $112 → $105 | Maintains | Market Perform | Get Alert |
| 07/06/2022 | Buy Now | -63.88% | Barclays | Raimo Lenschow73% | $142 → $108 | Downgrade | Overweight → Equal-Weight | Get Alert |
| 07/05/2022 | Buy Now | — | Berenberg | Nay Soe Naing72% | — | Initiates | → Buy | Get Alert |
| 06/30/2022 | Buy Now | — | Exane BNP Paribas | Stefan Slowinski65% | — | Downgrade | Outperform → Neutral | Get Alert |
FAQ
What is the target price for SAP (SAP) stock?
The latest price target for SAP (NYSE:SAP) was reported by BMO Capital on May 23, 2025. The analyst firm set a price target for $330.00 expecting SAP to rise to within 12 months (a possible 10.37% upside). 21 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 BMO Capital, and SAP maintained their outperform 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)?
The last downgrade for SAP SE happened on November 18, 2022 when Jefferies changed their price target from N/A to N/A for SAP SE.
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 May 23, 2025 so you should expect the next rating to be made available sometime around May 23, 2026.
Is the Analyst Rating SAP (SAP) correct?
While ratings are subjective and will change, the latest SAP (SAP) rating was a maintained with a price target of $320.00 to $330.00. The current price SAP (SAP) is trading at is $298.99, which is out of the analyst’s predicted range.
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