SAP Forecast, price target & analysts
SAP Target price 2025 - Analyst rating & recommendation
SAP Classifications & Recommendation:
SAP Price Target
| Target Price | €297.84 |
| Price | €232.60 |
| Potential | 28.05% |
| Number of Estimates | 34 |
| 34 Analysts have issued a price target SAP 2026 . The average SAP target price is €297.84. This is 28.05% higher than the current stock price. The highest price target is €362.25 55.74% , the lowest is €193.92 16.63% . | |
| A rating was issued by 38 analysts: 29 Analysts recommend SAP to buy, 6 to hold and 3 to sell. | |
| Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis. | |
| Analyst Estimates: Analysts believe that the SAP stock has an average upside potential 2026 of 28.05% . Most analysts recommend the SAP stock at Purchase. |
Sales and Margin forecast 2025, 2026 to 2032
34 Analysts have issued a sales forecast SAP 2025 . The average SAP sales estimate is €37.6b . This is 4.87% higher than the revenue of the last 12 months(TTM). The highest sales forecast is €40.5b 12.95% , the lowest is €34.4b 4.02% .
This results in the following potential growth metrics:
Revenue Estimates
| 2024 | €34.2b | 9.51% |
|---|---|---|
| 2025 | €37.6b | 10.12% |
| 2026 | €42.0b | 11.65% |
| 2027 | €47.5b | 13.15% |
| 2028 | €54.3b | 14.13% |
| 2029 | €60.9b | 12.18% |
| 2030 | €68.9b | 13.14% |
| 2031 | €78.2b | 13.50% |
| 2032 | €85.9b | 9.90% |
25 Analysts have issued an SAP EBITDA forecast 2025. The average SAP EBITDA estimate is €11.9b . This is 7.55% higher than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is €14.3b 29.32% , the lowest is €10.7b 3.01% .
This results in the following potential growth metrics and future EBITDA Margins:
EBITDA Estimates
| 2024 | €9.4b | 19.78% |
|---|---|---|
| 2025 | €11.9b | 25.73% |
| 2026 | €13.7b | 15.38% |
| 2027 | €15.9b | 16.15% |
| 2028 | €17.4b | 9.29% |
| 2029 | €19.0b | 9.60% |
EBITDA Margin
| 2024 | 27.60% | 9.38% |
|---|---|---|
| 2025 | 31.51% | 14.16% |
| 2026 | 32.56% | 3.33% |
| 2027 | 33.43% | 2.67% |
| 2028 | 32.01% | 4.25% |
| 2029 | 31.27% | 2.31% |
34 SAP Analysts have issued a net profit forecast 2025. The average SAP net profit estimate is €7.4b . This is 12.85% higher than the net profit for the last 12 months(TTM). The highest net profit forecast is €8.8b 34.83% , the lowest is €6.7b 2.77% .
This results in the following potential growth metrics and future Net Margins:
Net Profit Estimates
| 2024 | €3.1b | 49.11% |
|---|---|---|
| 2025 | €7.4b | 136.28% |
| 2026 | €8.9b | 20.48% |
| 2027 | €10.5b | 18.19% |
| 2028 | €11.6b | 10.54% |
| 2029 | €13.3b | 14.29% |
| 2030 | €15.3b | 15.35% |
| 2031 | €17.5b | 13.95% |
| 2032 | €19.8b | 13.37% |
Net Margin
| 2024 | 9.14% | 53.53% |
|---|---|---|
| 2025 | 19.61% | 114.53% |
| 2026 | 21.16% | 7.90% |
| 2027 | 22.11% | 4.49% |
| 2028 | 21.41% | 3.17% |
| 2029 | 21.81% | 1.87% |
| 2030 | 22.24% | 1.97% |
| 2031 | 22.32% | 0.36% |
| 2032 | 23.03% | 3.18% |
Earnings per share, P/E ratio and EV/sales Estimates 2025, 2026 to 2032
34 Analysts have issued a SAP forecast for earnings per share. The average SAP EPS is €6.33 . This is 12.04% higher than earnings per share in the financial year 2024. The highest EPS forecast is €7.56 33.81% , the lowest is €5.76 1.95% .
This results in the following potential growth metrics and future valuations:
Earnings Per Share
| 2024 | €2.65 | 49.04% |
|---|---|---|
| 2025 | €6.33 | 138.87% |
| 2026 | €7.62 | 20.38% |
| 2027 | €9.01 | 18.24% |
| 2028 | €9.96 | 10.54% |
| 2029 | €11.38 | 14.26% |
| 2030 | €13.13 | 15.38% |
| 2031 | €14.96 | 13.94% |
| 2032 | €16.96 | 13.37% |
P/E ratio
| Current | 41.17 | 52.93% |
|---|---|---|
| 2025 | 36.76 | 10.71% |
| 2026 | 30.51 | 17.00% |
| 2027 | 25.82 | 15.37% |
| 2028 | 23.36 | 9.53% |
| 2029 | 20.44 | 12.50% |
| 2030 | 17.72 | 13.31% |
| 2031 | 15.55 | 12.25% |
| 2032 | 13.71 | 11.83% |
Based on analysts' sales estimates for 2025, the SAP stock is valued at an EV/Sales of 7.16 and an P/S ratio of 7.20 .
This results in the following potential growth metrics and future valuations:
EV/Sales
| Current | 7.51 | 2.32% |
|---|---|---|
| 2025 | 7.16 | 4.65% |
| 2026 | 6.41 | 10.44% |
| 2027 | 5.67 | 11.62% |
| 2028 | 4.97 | 12.38% |
| 2029 | 4.43 | 10.86% |
| 2030 | 3.91 | 11.62% |
| 2031 | 3.45 | 11.90% |
| 2032 | 3.14 | 9.01% |
P/S ratio
| Current | 7.55 | 1.62% |
|---|---|---|
| 2025 | 7.20 | 4.65% |
| 2026 | 6.45 | 10.43% |
| 2027 | 5.70 | 11.62% |
| 2028 | 4.99 | 12.38% |
| 2029 | 4.45 | 10.86% |
| 2030 | 3.93 | 11.62% |
| 2031 | 3.47 | 11.90% |
| 2032 | 3.15 | 9.01% |
Current SAP Upgrades & Downgrades
| Analyst | Rating | Action | Date |
|---|---|---|---|
| TD COWEN |
Buy
➜
Buy
|
Unchanged | Jul 16 2025 |
| WELLS FARGO SECURITIES, LLC |
Overweight
➜
Overweight
|
Unchanged | Jul 14 2025 |
| BANCO SANTANDER |
Underperform
➜
Underperform
|
Unchanged | Jul 14 2025 |
| PIPER SANDLER COMPANIES |
Overweight
➜
Overweight
|
Unchanged | Jul 09 2025 |
| BAADER HELVEA EQUITY RESEARCH |
Buy
➜
Buy
|
Unchanged | Jun 30 2025 |
| BERENBERG |
Buy
➜
Buy
|
Unchanged | Jun 30 2025 |
| CHINA INTERNATIONAL CAPITAL CORPORATION LIMITED |
Outperform
➜
Outperform
|
Unchanged | Jun 29 2025 |
| Analyst Rating | Date |
|---|---|
|
Unchanged
TD COWEN:
Buy
➜
Buy
|
Jul 16 2025 |
|
Unchanged
WELLS FARGO SECURITIES, LLC:
Overweight
➜
Overweight
|
Jul 14 2025 |
|
Unchanged
BANCO SANTANDER:
Underperform
➜
Underperform
|
Jul 14 2025 |
|
Unchanged
PIPER SANDLER COMPANIES:
Overweight
➜
Overweight
|
Jul 09 2025 |
|
Unchanged
BAADER HELVEA EQUITY RESEARCH:
Buy
➜
Buy
|
Jun 30 2025 |
|
Unchanged
BERENBERG:
Buy
➜
Buy
|
Jun 30 2025 |
|
Unchanged
CHINA INTERNATIONAL CAPITAL CORPORATION LIMITED:
Outperform
➜
Outperform
|
Jun 29 2025 |
Discover more stocks with a high price target
Register for Free
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.
