Bulls vs Bears
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SAP SE has a consensus price target of $267.13 based on the ratings of 12 analysts. The high is $375 issued by JMP Securities on July 23, 2025. The low is $116 issued by Cowen & Co. on January 19, 2023. The 3 most-recent analyst ratings were released by Barclays, JMP Securities, and BMO Capital on July 25, 2025, July 23, 2025, and May 23, 2025, respectively. With an average price target of $342.33 between Barclays, JMP Securities, and BMO Capital, there's an implied 17.18% upside for SAP SE from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
---|---|---|---|---|---|---|---|---|
07/25/2025 | 10.22% | Barclays | $308 → $322 | Maintains | Overweight | |||
07/23/2025 | 28.36% | JMP Securities | $330 → $375 | Maintains | Market Outperform | |||
05/23/2025 | 12.96% | BMO Capital | $320 → $330 | Maintains | Outperform | |||
05/23/2025 | 12.96% | JMP Securities | $330 → $330 | Reiterates | Market Outperform → Market Outperform | |||
05/20/2025 | — | Wells Fargo | — | Initiates | → Overweight | |||
04/29/2025 | 9.54% | Argus Research | $320 → $320 | Reiterates | Buy → Buy | |||
04/24/2025 | 5.43% | Barclays | $286 → $308 | Maintains | Overweight | |||
04/16/2025 | 2.69% | BMO Capital | $307 → $300 | Maintains | Outperform | |||
01/30/2025 | -2.1% | Barclays | $283 → $286 | Maintains | Overweight | |||
01/29/2025 | 5.09% | BMO Capital | $265 → $307 | Maintains | Outperform | |||
01/29/2025 | 12.96% | JMP Securities | $300 → $330 | Maintains | Market Outperform | |||
01/23/2025 | -3.13% | Barclays | $275 → $283 | Maintains | Overweight | |||
10/23/2024 | -5.87% | Barclays | $252 → $275 | Maintains | Overweight | |||
10/22/2024 | -9.29% | BMO Capital | $248 → $265 | Maintains | Outperform | |||
10/22/2024 | -17.85% | TD Cowen | $234 → $240 | Maintains | Hold | |||
10/22/2024 | 2.69% | JMP Securities | $245 → $300 | Maintains | Market Outperform | |||
10/16/2024 | — | Cleveland Research | — | — | Upgrade | Neutral → Buy | ||
09/30/2024 | -13.74% | Barclays | $251 → $252 | Maintains | Overweight | |||
08/13/2024 | -14.08% | Barclays | $217 → $251 | Maintains | Overweight | |||
07/31/2024 | — | Argus Research | — | Upgrade | Hold → Buy | |||
07/23/2024 | -26.75% | TD Cowen | $188 → $214 | Maintains | Hold | |||
07/23/2024 | -16.14% | JMP Securities | $220 → $245 | Maintains | Market Outperform | |||
07/23/2024 | -15.11% | BMO Capital | $237 → $248 | Maintains | Outperform | |||
06/28/2024 | -18.87% | BMO Capital | $218 → $237 | Upgrade | Market Perform → Outperform | |||
05/23/2024 | -22.3% | Bernstein | → $227 | Initiates | → Outperform | |||
04/24/2024 | -28.12% | Barclays | $212 → $210 | Maintains | Overweight | |||
04/23/2024 | -24.69% | JMP Securities | $204 → $220 | Maintains | Market Outperform | |||
04/03/2024 | -27.43% | Barclays | $189 → $212 | Maintains | Overweight | |||
03/11/2024 | -26.41% | BMO Capital | $195 → $215 | Maintains | Market Perform | |||
01/26/2024 | -35.3% | Barclays | $156 → $189 | Maintains | Overweight | |||
01/26/2024 | -29.14% | Goldman Sachs | $185 → $207 | Maintains | Buy | |||
01/25/2024 | -33.25% | BMO Capital | $147 → $195 | Maintains | Market Perform | |||
01/17/2024 | -36.67% | Goldman Sachs | $168 → $185 | Maintains | Buy | |||
10/20/2023 | -49.68% | BMO Capital | $140 → $147 | Maintains | Market Perform | |||
10/19/2023 | -38.73% | JMP Securities | → $179 | Reiterates | Market Outperform → Market Outperform | |||
08/02/2023 | -39.75% | Bernstein | $169 → $176 | Maintains | Outperform | |||
07/21/2023 | -38.73% | JMP Securities | → $179 | Reiterates | Market Outperform → Market Outperform | |||
07/21/2023 | -50.37% | Barclays | $146 → $145 | Maintains | Overweight | |||
07/21/2023 | — | Oppenheimer | — | Maintains | Perform | |||
07/19/2023 | -50.02% | Barclays | $136 → $146 | Maintains | Overweight | |||
05/17/2023 | -38.73% | JMP Securities | $170 → $179 | Maintains | Market Outperform | |||
04/24/2023 | -52.08% | BMO Capital | $125 → $140 | Maintains | Market Perform | |||
04/24/2023 | -41.81% | JMP Securities | → $170 | Reiterates | → Market Outperform | |||
04/24/2023 | -53.45% | Barclays | $134 → $136 | Maintains | Overweight | |||
04/17/2023 | -54.13% | Barclays | $137 → $134 | Maintains | Overweight | |||
03/21/2023 | -47.29% | Bernstein | $144 → $154 | Maintains | Outperform | |||
03/08/2023 | -53.1% | Barclays | $136 → $137 | Maintains | Overweight | |||
01/27/2023 | -57.21% | BMO Capital | $110 → $125 | Maintains | Market Perform | |||
01/19/2023 | -60.29% | Cowen & Co. | $106 → $116 | Maintains | Market Perform | |||
11/21/2022 | -53.45% | Barclays | $106 → $136 | Upgrade | Equal-Weight → Overweight | |||
11/18/2022 | — | Jefferies | — | Downgrade | Buy → Underperform |
The latest price target for SAP (NYSE:SAP) was reported by Barclays on July 25, 2025. The analyst firm set a price target for $322.00 expecting SAP to rise to within 12 months (a possible 10.22% upside). 19 analyst firms have reported ratings in the last year.
The latest analyst rating for SAP (NYSE:SAP) was provided by Barclays, and SAP maintained their overweight rating.
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.
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.
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 July 25, 2025 so you should expect the next rating to be made available sometime around July 25, 2026.
While ratings are subjective and will change, the latest SAP (SAP) rating was a maintained with a price target of $308.00 to $322.00. The current price SAP (SAP) is trading at is $292.14, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
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