SAP (SAP) – Analysts’ Recent Ratings Changes

A number of research firms have changed their ratings and price targets for SAP (NYSE: SAP):

• 10/30/2026 – SAP was upgraded by Erste Group Bank from “hold” to “buy”.
• 10/23/2026 – SAP was downgraded by Weiss Ratings from “hold (c+)” to “hold (c)”.
• 10/23/2026 – SAP had its “buy” rating reaffirmed by Citigroup.
• 10/23/2026 – SAP had its price target raised by Barclays from $243.00 to $288.00. They now have an “overweight” rating on the stock.
• 10/22/2026 – SAP had its “buy” rating reaffirmed by Jefferies Financial Group.
• 10/22/2026 – SAP had its price target raised by BMO Capital Markets from $235.00 to $265.00. They now have an “outperform” rating on the stock.
• 10/15/2026 – SAP had its “buy” rating reaffirmed by TD Cowen.
• 10/13/2026 – SAP had its price target raised by Barclays from $242.00 to $243.00. They now have an “overweight” rating on the stock.
• 10/8/2026 – SAP was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
• 10/8/2026 – SAP had its price target raised by BMO Capital Markets from $177.00 to $235.00. They now have an “outperform” rating on the stock.
• 9/22/2026 – SAP had its “buy” rating reaffirmed by Jefferies Financial Group. They now have a $260.00 price target on the stock.
• 9/22/2026 – SAP had its “buy” rating reaffirmed by Citigroup.
• 9/22/2026 – SAP had its “buy” rating reaffirmed by Jefferies Financial Group.
• 9/10/2026 – SAP was given a new $265.00 price target by Argus.

SAP Stock Up 4.5%

Shares of NYSE SAP traded up $10.41 during mid-day trading on Wednesday, reaching $240.72. 1,694,373 shares of the company were exchanged, compared to its average volume of 2,945,167. SAP SE has a 1 year low of $144.97 and a 1 year high of $264.10. The firm has a 50-day moving average of $218.46 and a 200 day moving average of $192.33. The stock has a market cap of $295.73 billion, a price-to-earnings ratio of 29.39, a P/E/G ratio of 2.82 and a beta of 1.11. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.18.

SAP SE is a global enterprise software company headquartered in Walldorf, Germany. Founded in 1972 by five former IBM employees, SAP originally developed software to help businesses integrate accounting and operational data. The company has since become a major provider of cloud-based business applications and enterprise technology.

SAP’s portfolio includes enterprise resource planning software, including SAP S/4HANA Cloud, along with solutions for finance, procurement, supply chain management, human resources, customer experience and business analytics.