SeekingAlpha · Aug 26, 2026
SAP's Rebound Has Further To Run Despite AI Execution Risks
SAP SE is rated a Buy, with technical and fundamental factors supporting upside despite a recent UBS downgrade. Click for this updated look at SAP.
NYSE · SAP
SAP SE
Technology · Software - Application
$221.54
Down-$1.22 (-0.55%)
Updated Aug 31, 2026, 1:53 PM
SID Score
7.0/10
Composite research score
Smart Money
59/100
Neutral
- Market cap
- 288.2B
- P/E ratio
- 37.6
- Dividend yield
- 1.19%
- 52-week range
- $144.97 – $281.37
- Volume
- 2.32M
- Avg. volume
- 1.57M
Price performance
SAP price history
1M range · 20 trading sessions · Daily adjusted prices
SAP closed at $221.54 after 20 trading sessions, up 16.82% for the selected period.
- Last close
- $221.54
- Period change
- +16.82%
- Period low
- $189.65
- Period high
- $221.54
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Aug 28, 2026 | $219.77 | $222.96 | $219.56 | $221.54 | 2.32M |
| Aug 27, 2026 | $216.26 | $222.40 | $215.62 | $221.17 | 3.29M |
| Aug 26, 2026 | $208.58 | $212.32 | $208.57 | $211.68 | 2.82M |
| Aug 25, 2026 | $215.305 | $218.085 | $214.95 | $216.93 | 1.85M |
| Aug 24, 2026 | $216.99 | $220.085 | $216.90 | $218.66 | 2.12M |
| Aug 21, 2026 | $216.42 | $220.265 | $215.385 | $218.68 | 1.58M |
| Aug 20, 2026 | $216.51 | $217.36 | $214.40 | $217.09 | 1.51M |
| Aug 19, 2026 | $211.45 | $218.175 | $211.24 | $215.60 | 2.51M |
| Aug 18, 2026 | $210.685 | $213.00 | $209.54 | $210.47 | 2.92M |
| Aug 17, 2026 | $206.73 | $209.66 | $206.3033 | $207.84 | 2.81M |
| Aug 14, 2026 | $214.38 | $214.39 | $207.57 | $207.97 | 2.56M |
| Aug 13, 2026 | $204.44 | $210.14 | $201.3883 | $209.28 | 2.7M |
| Aug 12, 2026 | $204.195 | $206.78 | $202.53 | $204.15 | 1.74M |
| Aug 11, 2026 | $209.45 | $211.485 | $207.475 | $209.68 | 2.3M |
| Aug 10, 2026 | $203.785 | $209.29 | $203.67 | $208.55 | 3M |
| Aug 7, 2026 | $203.145 | $207.5302 | $203.01 | $206.16 | 2.95M |
| Aug 6, 2026 | $195.43 | $199.55 | $194.93 | $199.46 | 3.07M |
| Aug 5, 2026 | $198.63 | $199.03 | $194.88 | $197.33 | 2.49M |
| Aug 4, 2026 | $190.64 | $195.80 | $190.55 | $195.49 | 2.85M |
| Aug 3, 2026 | $191.70 | $194.39 | $188.73 | $189.65 | 2.98M |
Latest SAP news
The latest Smart Investors Daily articles mentioning SAP.
Stock researchCompany · Overview
SAP research
Overview
Company profile and research snapshot.
Company profile
Founded in Germany in 1972 by former IBM employees, SAP is the world's largest provider of enterprise application software. Known as the leader in enterprise resource planning software, SAP's portfolio also includes software for supply chain management, procurement, travel and expense management, and customer relationship management, among others. The company operates in more than 180 countries and has more than 400,000 customers, approximately 80% of which are small to medium-size enterprises.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- Buy
- Average target
- $519.00
- Implied upside
- —
- Analysts
- 20
| Date | Firm | Rating | Target |
|---|---|---|---|
| Jul 8, 2026 | ROTHSCHILD & CO REDBURN | Buy | — |
| Jul 7, 2026 | ODDO BHF | Buy | — |
| Jul 6, 2026 | KEYBANC CAPITAL MARKETS INC. | Overweight | — |
| Jun 24, 2026 | JEFFERIES | Buy | — |
| Jun 23, 2026 | BERENBERG | Buy | — |
News briefing
No generated briefing is available yet.
Benzinga · Aug 26, 2026
UBS Downgrades SAP to Neutral
UBS analyst Michael Briest downgrades SAP (NYSE:SAP) from Buy to Neutral.
Benzinga · Aug 26, 2026
Intuit, Zoom, Qfin Holdings And Other Big Stocks Moving Lower In Wednesday’s Pre-Market Session
US stock futures mixed, Intuit shares dip 11.7% after reporting Q4 revenue of $4.35B and adjusted earnings of $4.03/share. FY27 guidance below estimates. Other stocks moving lower in pre-market trading.
Yahoo · Aug 24, 2026
Salesforce Set to Report Q2 Earnings: Buy, Sell or Hold the Stock?
CRM heads into Q2 earnings with 10.6% revenue growth expected as AI cloud demand, acquisitions and disciplined spending support results.
AI research layers
Interpretive context generated from the platform’s current data sources.
SAP SE Stock Performance
SAP SE shares have demonstrated strong near-term momentum, trading at $221.54 with a one-month gain of 22.48% and a three-month return of 21.87%, per SID market data. This recent rally has pushed the stock well above key moving averages, with shares trading 23.2% above the 50-day moving average of $179.78 and 12.3% above the 200-day moving average of $197.27, according to Massive/Polygon technical data. Despite this robust short-term performance, SAP remains down 19.47% over the trailing twelve-month period, indicating the recent surge represents a recovery from a deeper drawdown. The 14-day relative strength index stands at 65.9, approaching but not yet breaching overbought territory. SAP's beta of 0.815 reflects lower volatility relative to the broader market. Average daily trading volume registers at approximately 1.57 million shares, supporting the current price action with adequate liquidity.
SAP SE Valuation Analysis
SAP SE carries a market capitalization of approximately $288.2 billion, positioning it among the largest enterprise software companies globally, per SID market data. The stock trades at a price-to-earnings ratio of 37.60, reflecting a significant premium relative to the broader technology sector, according to SEC filings. The PEG ratio stands at 2.67, suggesting the current earnings multiple exceeds the company's projected growth rate and indicating a rich valuation on a growth-adjusted basis. SAP's price-to-book ratio of 5.99 further underscores the premium investors assign to the company's intangible assets and cloud transition strategy. The dividend yield registers at 1.12%, providing a modest income component for shareholders. Within the technology sector, SAP's valuation metrics reflect market confidence in the company's ongoing enterprise resource planning dominance and its transition toward cloud-based recurring revenue streams, though current multiples leave limited margin for execution missteps.
Smart Money Activity for SAP
SAP SE's composite smart money score stands at 59 out of 100 with a neutral signal, according to SID market data, reflecting a mixed positioning landscape across institutional and insider channels. Institutional activity scores highest at 21.0 out of 25, indicating substantial engagement from major fund managers and suggesting sustained confidence among large-scale allocators, per 13F institutional filings. Congressional trading activity registers at 12.8 out of 25, reflecting moderate interest from lawmakers with disclosed positions. Insider activity scores 12.5 out of 25, suggesting relatively balanced behavior from company executives and directors without significant directional conviction, according to SEC Form 4 filings. Dark pool activity scores 12.3 out of 25, indicating below-average off-exchange transaction volumes relative to peers. The divergence between strong institutional positioning and more muted insider and dark pool signals creates an overall neutral composite reading, suggesting that while large institutional holders maintain their positions, there is no pronounced accumulation or distribution pattern currently observable across the broader smart money spectrum.
SAP SE Earnings Outlook
SAP SE's recent earnings trajectory reveals a mixed performance record relative to analyst expectations. In the most recent reported quarter, the company posted earnings per share of $0.49 against an estimate of $0.78, representing a miss of $0.29, according to company earnings reports. The prior quarter similarly saw a shortfall, with actual EPS of $1.85 falling $0.16 below the consensus estimate of $2.01. However, an earlier quarter delivered a marginal beat, with $0.41 in actual EPS exceeding the $0.40 estimate by $0.01. Looking ahead, analysts project EPS of $2.02 for the upcoming reporting period, per analyst estimates. The pattern of two consecutive misses raises questions about near-term execution amid SAP's cloud transformation initiatives and associated margin pressures. The next earnings report is scheduled for July 21, 2026, which will serve as a critical data point for assessing whether the company can realign results with market expectations.
Wall Street Analyst Ratings for SAP
Wall Street consensus on SAP SE remains decisively bullish, with all five most recent analyst actions reiterating positive ratings, per Wall Street analyst reports. On July 8, 2026, Rothschild & Co Redburn maintained its Buy rating, followed by Oddo BHF reaffirming Buy on July 7. KeyBanc Capital Markets reiterated its Overweight rating on July 6, while Jefferies and Berenberg both maintained Buy ratings on June 24 and June 23, respectively, according to SID consensus data. The unanimous positive stance across these five independent firms spanning European and North American brokerages signals broad institutional confidence in SAP's strategic direction. Notably, none of these actions represented upgrades, as all five were reiterations of existing positive ratings, suggesting analysts had already established favorable positions prior to SAP's recent 22.48% one-month price surge. The consistency across diverse research houses reflects agreement on the long-term value proposition of SAP's enterprise cloud platform despite recent earnings shortfalls.
