SAP SE (SAP) Stock Forecast
SAP analyst forecast
as of October 18, 2026- Analyst consensus
- Buy 4.38 / 5 from 16 analysts
- Price target
- $261.17 average of analyst targets
- Upside to target
- +16.4% from the latest close
- Next earnings
- October 21, 2026 EPS estimate $2.03
- 52-week range
- $146.38 – $280.46
SAP analyst ratings
16 analystsNumber of analysts at each rating.
SAP price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
SAP earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $2.09 | $1.90 | $2.41 | $1.85 | +13.0% | 7 |
| Current fiscal year (2026) | $8.15 | $7.77 | $8.77 | $7.34 | +11.1% | 10 |
| Next fiscal year (2027) | $9.60 | $9.05 | $10.54 | $8.15 | +17.8% | 10 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
SAP revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Sep '26) | $10.09B | $9.97B | $10.21B | +11.2% | 17 |
| Current fiscal year (2026) | $40.27B | $40.01B | $40.52B | +9.4% | 26 |
| Next fiscal year (2027) | $45.00B | $43.79B | $46.26B | +11.7% | 26 |
SAP EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
SAP revenue: reported and forecast
SAP EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $2.06 | $2.08 | $2.09 | $2.09 | $2.09 | +1.5% | 0 up · 2 down |
| Current fiscal year (2026) | $8.27 | $8.17 | $8.23 | $8.24 | $8.15 | −1.5% | 1 up · 3 down |
| Next fiscal year (2027) | $9.73 | $9.60 | $9.67 | $9.68 | $9.60 | −1.4% | 1 up · 3 down |
How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.
SAP earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; SAP beat in 8 of 12.
What analysts expect from SAP
16 analysts cover SAP; their consensus rating is buy (4.38 on a 1–5 scale, where 5 is a strong buy). The average price target is $261.17, 16.4% above the latest close of $224.29. Analysts expect earnings of $8.15 per share for 2026, +11.1% from a year earlier. For 2027 the average estimate is $9.60 per share on revenue of $45.0 billion. SAP beat the EPS estimate in 8 of the last 12 quarters.
Related: SAP income statement, SAP key metrics, SAP chart. See the SAP stock overview for the latest quote and news.
SAP forecast FAQ
What is SAP's price target?
The average analyst price target for SAP is $261.17, 16.4% above the latest close of $224.29.
Is SAP a buy, hold or sell?
Of 16 analysts covering SAP, 9 rate it a strong buy, 4 a buy, 3 a hold, 0 a sell and 0 a strong sell, a consensus of buy. Ratings are opinions, not a recommendation from Quotelinks.
What is SAP's EPS forecast?
Analysts forecast $8.15 per share for 2026 (range $7.77 to $8.77); for 2027 the estimate is $9.60.
What is SAP's revenue forecast?
The average revenue estimate for 2026 is $40.3 billion, growth of 9.4%; for 2027 it is $45.0 billion.
When does SAP report earnings?
SAP is expected to report results for the quarter ending September 30, 2026 on October 21, 2026 after the market closes; the EPS estimate is $2.03.
Does SAP usually beat earnings estimates?
SAP reported EPS at or above the analyst estimate in 8 of the last 12 quarters.