Erste Group Bank Issues Optimistic Forecast for SAP Earnings

SAP SE (NYSE:SAP) – Equities researchers at Erste Group Bank boosted their FY2026 earnings per share estimates for SAP in a research note issued on Thursday, August 27th. Erste Group Bank analyst H. Engel now forecasts that the software maker will post earnings of $8.26 per share for the year, up from their prior forecast of $8.19. The consensus estimate for SAP’s current full-year earnings is $8.18 per share. Erste Group Bank also issued estimates for SAP’s FY2027 earnings at $9.68 EPS.

Several other research analysts also recently weighed in on the stock. Barclays dropped their target price on shares of SAP from $255.00 to $242.00 and set an “overweight” rating on the stock in a research report on Monday, July 27th. Oppenheimer restated a “market perform” rating on shares of SAP in a research report on Friday, July 24th. Weiss Ratings raised shares of SAP from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, July 30th. Wall Street Zen downgraded shares of SAP from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Finally, Wells Fargo & Company restated an “overweight” rating on shares of SAP in a report on Wednesday, August 12th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $264.83.

SAP Price Performance

SAP stock opened at $220.85 on Monday. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.19. SAP has a one year low of $144.97 and a one year high of $281.36. The firm has a market capitalization of $271.31 billion, a PE ratio of 27.74, a P/E/G ratio of 2.60 and a beta of 1.12. The firm has a 50-day moving average of $181.42 and a two-hundred day moving average of $180.19.

SAP (NYSE:SAP) last announced its earnings results on Wednesday, July 22nd. The software maker reported $1.82 EPS for the quarter, missing the consensus estimate of $2.00 by ($0.18). The company had revenue of $11.27 billion for the quarter, compared to analysts’ expectations of $11.30 billion. SAP had a net margin of 20.88% and a return on equity of 17.07%. The company’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same period in the prior year, the company earned $1.50 earnings per share.

Institutional Trading of SAP

Several institutional investors have recently made changes to their positions in SAP. Brighton Jones LLC lifted its position in SAP by 91.1% in the 4th quarter. Brighton Jones LLC now owns 2,633 shares of the software maker’s stock worth $648,000 after buying an additional 1,255 shares in the last quarter. Baird Financial Group Inc. purchased a new position in shares of SAP during the 1st quarter valued at $242,000. AQR Capital Management LLC grew its holdings in shares of SAP by 49.0% during the 1st quarter. AQR Capital Management LLC now owns 16,309 shares of the software maker’s stock valued at $4,378,000 after acquiring an additional 5,363 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new position in shares of SAP in the first quarter worth $2,681,000. Finally, Sivia Capital Partners LLC increased its stake in shares of SAP by 2.3% in the second quarter. Sivia Capital Partners LLC now owns 3,050 shares of the software maker’s stock worth $928,000 after acquiring an additional 69 shares during the last quarter.

About SAP

SAP SE is a global enterprise software company headquartered in Walldorf, Germany. Founded in 1972 by five former IBM engineers, the company’s name is an acronym for Systeme, Anwendungen und Produkte in der Datenverarbeitung (Systems, Applications & Products in Data Processing). SAP develops and sells software and services that help organizations manage business processes across finance, human resources, procurement, manufacturing, supply chain and customer relationships.

SAP’s product portfolio spans on‑premises and cloud offerings, anchored by its enterprise resource planning (ERP) solutions such as SAP S/4HANA and the SAP HANA in‑memory database and platform.