SAP SE (SAP)

SAP SE Stock Forecast

Stock Price Forecast

According to 4 professional analysts, the 12-month price target for SAP SE stock ranges from a low of $320 to a high of $375. The average analyst price target of $340.75 forecasts a 37.81% increase in the stock price over the next year.

Price Target: $340.75 (+37.81%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$320	$340.75	$348	$375
Change	+29.42%	+37.81%	+40.74%	+51.66%

* Price targets were last updated on Oct 24, 2025.

Analyst Ratings

The average analyst rating for SAP SE stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25
Strong Buy	1	1	1	1	1	1
Buy	4	4	4	4	4	4
Hold	1	1	1	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	6	6	5	5	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Joseph Bonner Argus Research	Argus Research	Strong Buy Reiterates $320	Strong Buy	Reiterates	$320	+29.42%	Oct 24, 2025
Raimo Lenschow Barclays	Barclays	Buy Maintains $322 → $348	Buy	Maintains	$322 → $348	+40.74%	Oct 24, 2025
Patrick Walravens JMP Securities	JMP Securities	Buy Reiterates $375	Buy	Reiterates	$375	+51.66%	Oct 23, 2025
Keith Bachman BMO Capital	BMO Capital	Buy Maintains $330 → $320	Buy	Maintains	$330 → $320	+29.42%	Oct 23, 2025
Raimo Lenschow Barclays	Barclays	Buy Maintains $308 → $322	Buy	Maintains	$308 → $322	+30.23%	Jul 25, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

37.43B

Increased by 9.53%

from 34.18B

Revenue Next Year

41.54B

Increased by 10.96%

from 37.43B

EPS This Year

6.12

Increased by 130.89%

from 2.65

EPS Next Year

7.23

Increased by 18.14%

from 6.12

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	27.34B	26.95B	29.52B	31.21B	34.18B	37.43B	41.54B
Revenue Growth	-0.78%	-1.41%	9.52%	5.72%	9.51%	9.53%	10.96%
EPS	4.35	4.45	1.94	5.20	2.65	6.12	7.23
EPS Growth	56.47%	2.40%	-56.45%	168.04%	-49.04%	130.89%	18.14%
Forward PE	-	-	-	-	-	34.70	29.37
No. Analysts	-	-	-	-	-	33	33

Financial currency is EUR. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029	2030
High	40.5B	46.3B
Avg	37.4B	41.5B
Low	35.9B	39.2B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029	2030
High	18.6%	23.7%
Avg	9.5%	11.0%
Low	5.1%	4.7%

EPS Forecast

EPS	2025	2026	2027	2028	2029	2030
High	7.38	8.74
Avg	6.12	7.23
Low	4.81	5.75

EPS Growth

EPS Growth	2025	2026	2027	2028	2029	2030
High	178.5%	42.8%
Avg	130.9%	18.1%
Low	81.6%	-6.0%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.