SAP (NYSE:SAP) Shares Gap Up – Should You Buy?

Posted by George Bondi on Jun 23rd, 2026

SAP SE (NYSE:SAP – Get Free Report) shares gapped up before the market opened on Tuesday . The stock had previously closed at $149.51, but opened at $154.72. SAP shares last traded at $154.1260, with a volume of 643,665 shares traded.

Analyst Upgrades and Downgrades

Several research firms have commented on SAP. Santander upgraded SAP from a “neutral” rating to an “outperform” rating in a research note on Friday, April 24th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of SAP in a research note on Tuesday, March 24th. Weiss Ratings downgraded SAP from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 11th. Wall Street Zen lowered SAP from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Finally, HSBC raised shares of SAP from a “hold” rating to a “buy” rating in a research note on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, SAP currently has a consensus rating of “Moderate Buy” and an average price target of $283.40.

View Our Latest Research Report on SAP

SAP Trading Up 2.9%

The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.11. The company’s 50-day moving average is $172.61 and its 200-day moving average is $198.83. The stock has a market capitalization of $189.06 billion, a price-to-earnings ratio of 20.81, a PEG ratio of 1.74 and a beta of 1.12.

SAP (NYSE:SAP – Get Free Report) last posted its earnings results on Friday, February 27th. The software maker reported $1.99 earnings per share for the quarter. The company had revenue of $11.06 billion for the quarter. SAP had a net margin of 20.08% and a return on equity of 17.31%. Research analysts anticipate that SAP SE will post 8.37 earnings per share for the current fiscal year.

SAP Increases Dividend

The firm also recently announced an annual dividend, which was paid on Friday, May 15th. Shareholders of record on Tuesday, May 5th were given a $2.9291 dividend. This is an increase from SAP’s previous annual dividend of $2.54. This represents a yield of 170.0%. The ex-dividend date was Tuesday, May 5th. SAP’s dividend payout ratio (DPR) is presently 28.92%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Parallel Advisors LLC boosted its stake in SAP by 21.5% during the first quarter. Parallel Advisors LLC now owns 7,101 shares of the software maker’s stock worth $1,216,000 after buying an additional 1,256 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of SAP by 10.4% in the 1st quarter. NewEdge Advisors LLC now owns 213,482 shares of the software maker’s stock worth $36,550,000 after acquiring an additional 20,024 shares during the last quarter. Henshaw Capital LLC lifted its holdings in shares of SAP by 78.7% in the 1st quarter. Henshaw Capital LLC now owns 5,162 shares of the software maker’s stock worth $884,000 after acquiring an additional 2,274 shares during the last quarter. Glenmede Trust Co. NA boosted its position in shares of SAP by 49.5% during the 1st quarter. Glenmede Trust Co. NA now owns 67,707 shares of the software maker’s stock worth $11,592,000 after purchasing an additional 22,433 shares during the period. Finally, Front Row Advisors LLC increased its holdings in SAP by 362.5% in the 1st quarter. Front Row Advisors LLC now owns 185 shares of the software maker’s stock valued at $32,000 after purchasing an additional 145 shares during the last quarter.

About SAP

(Get Free Report)

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.