SAP SE (NYSE:SAP – Free Report) – Investment analysts at Erste Group Bank lowered their FY2026 EPS estimates for shares of SAP in a research note issued on Friday, October 30th. Erste Group Bank analyst H. Engel now expects that the software maker will earn $7.92 per share for the year, down from their previous forecast of $7.94. Erste Group Bank currently has a “Buy” rating on the stock. The consensus estimate for SAP’s current full-year earnings is $7.97 per share. Erste Group Bank also issued estimates for SAP’s FY2027 earnings at $9.34 EPS.
Other equities research analysts have also recently issued research reports about the company. Wells Fargo & Company reissued an “overweight” rating on shares of SAP in a research note on Wednesday, August 12th. TD Cowen reissued a “buy” rating on shares of SAP in a research report on Thursday, October 15th. Weiss Ratings downgraded SAP from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, October 23rd. Citigroup restated a “buy” rating on shares of SAP in a report on Friday, October 23rd. Finally, Barclays increased their target price on shares of SAP from $243.00 to $288.00 and gave the stock an “overweight” rating in a research note on Friday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, SAP currently has a consensus rating of “Moderate Buy” and a consensus target price of $258.83.
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SAP Trading Down 1.4%
SAP opened at $230.42 on Wednesday. The stock has a market capitalization of $283.07 billion, a PE ratio of 28.13, a P/E/G ratio of 2.82 and a beta of 1.11. SAP has a one year low of $144.97 and a one year high of $264.10. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.16 and a current ratio of 1.16. The business’s 50 day moving average price is $218.46 and its 200 day moving average price is $192.33.
Hedge Funds Weigh In On SAP
Hedge funds and other institutional investors have recently bought and sold shares of the company. Sequoia Financial Advisors LLC grew its position in shares of SAP by 59.7% during the first quarter. Sequoia Financial Advisors LLC now owns 18,091 shares of the software maker’s stock worth $3,097,000 after acquiring an additional 6,763 shares during the last quarter. Fort Washington Investment Advisors Inc. OH raised its holdings in shares of SAP by 28.8% in the third quarter. Fort Washington Investment Advisors Inc. OH now owns 221,642 shares of the software maker’s stock valued at $46,208,000 after buying an additional 49,502 shares during the last quarter. ABC Arbitrage SA purchased a new stake in shares of SAP in the first quarter valued at about $2,306,000. QRG Capital Management Inc. boosted its stake in shares of SAP by 12.0% during the second quarter. QRG Capital Management Inc. now owns 68,368 shares of the software maker’s stock worth $10,536,000 after buying an additional 7,315 shares during the period. Finally, Ruane Cunniff & Goldfarb L.P. boosted its stake in shares of SAP by 1,532.8% during the first quarter. Ruane Cunniff & Goldfarb L.P. now owns 749,909 shares of the software maker’s stock worth $128,392,000 after buying an additional 703,982 shares during the period.
SAP Company Profile
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.
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