Erste Group Bank Has Positive Outlook of SAP FY2026 Earnings

SAP SE (NYSE:SAP) – Erste Group Bank raised their FY2026 EPS estimates for SAP in a report released 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 previous 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.

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

Several other brokerages have also recently issued reports on SAP. Weiss Ratings raised SAP from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, July 30th. Barclays dropped their price objective on SAP from $255.00 to $242.00 and set an “overweight” rating on the stock in a research note on Monday, July 27th. Citigroup reiterated a “buy” rating on shares of SAP in a research note on Thursday, August 27th. Jefferies Financial Group cut shares of SAP from a “strong-buy” rating to a “hold” rating in a report on Friday, July 24th. Finally, BMO Capital Markets upped their price objective on shares of SAP from $175.00 to $177.00 and gave the stock an “outperform” rating in a research report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $264.83.

SAP Stock Performance

Shares of SAP stock opened at $212.22 on Monday. The company has a market cap of $260.71 billion, a PE ratio of 26.66, a price-to-earnings-growth ratio of 2.59 and a beta of 1.14. SAP has a 52 week low of $144.97 and a 52 week high of $281.36. The business has a 50 day moving average price of $182.59 and a 200-day moving average price of $180.26. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.19.

Institutional Investors Weigh In On SAP

Several large investors have recently made changes to their positions in SAP. Fisher Asset Management LLC boosted its holdings in shares of SAP by 1.2% in the 4th quarter. Fisher Asset Management LLC now owns 14,728,881 shares of the software maker’s stock worth $3,577,793,000 after buying an additional 179,550 shares during the last quarter. Bank of America Corp DE increased its holdings in SAP by 58.1% during the second quarter. Bank of America Corp DE now owns 2,650,418 shares of the software maker’s stock worth $805,992,000 after buying an additional 973,779 shares during the last quarter. Windacre Partnership LLC raised its position in SAP by 130.9% in the third quarter. Windacre Partnership LLC now owns 2,357,225 shares of the software maker’s stock worth $629,874,000 after acquiring an additional 1,336,325 shares during the period. Northern Trust Corp raised its position in SAP by 3.2% in the third quarter. Northern Trust Corp now owns 1,560,994 shares of the software maker’s stock worth $417,113,000 after acquiring an additional 49,111 shares during the period. Finally, JPMorgan Chase & Co. boosted its stake in SAP by 7.5% in the fourth quarter. JPMorgan Chase & Co. now owns 1,200,024 shares of the software maker’s stock valued at $291,498,000 after acquiring an additional 83,349 shares during the last quarter.

SAP Company Profile

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.