Erste Group Bank Has Bullish Outlook for SAP FY2026 Earnings

SAP SE (NYSE:SAP) – Stock analysts at Erste Group Bank upped their FY2026 earnings per share estimates for shares of SAP in a research note issued on Wednesday, July 15th. Erste Group Bank analyst H. Engel now forecasts that the software maker will post earnings of $8.24 per share for the year, up from their previous estimate of $8.20. The consensus estimate for SAP’s current full-year earnings is $8.30 per share. Erste Group Bank also issued estimates for SAP’s FY2027 earnings at $9.61 EPS.

SAP (NYSE:SAP) last posted its quarterly earnings data on Friday, February 27th. The software maker reported $1.99 EPS for the quarter. The company had revenue of $11.06 billion during the quarter. SAP had a net margin of 20.08% and a return on equity of 17.31%.

A number of other analysts have also issued reports on SAP. TD Cowen reduced their price target on shares of SAP from $230.00 to $210.00 and set a “buy” rating for the company in a research report on Friday. Wall Street Zen lowered SAP from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Barclays boosted their price target on SAP from $256.00 to $257.00 and gave the stock an “overweight” rating in a research report on Monday, April 27th. Weiss Ratings lowered SAP from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday. Finally, BMO Capital Markets cut their price objective on SAP from $210.00 to $200.00 and set an “outperform” rating on the stock in a research note on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $271.17.

SAP Price Performance

SAP opened at $158.63 on Monday. The stock has a fifty day moving average of $166.63 and a 200-day moving average of $186.53. The firm has a market capitalization of $194.88 billion, a P/E ratio of 21.44, a PEG ratio of 1.82 and a beta of 1.14. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.11. SAP has a 12-month low of $148.06 and a 12-month high of $308.55.

Institutional Investors Weigh In On SAP

Hedge funds have recently bought and sold shares of the company. Fisher Asset Management LLC increased its stake in shares of SAP by 1.2% in the fourth quarter. Fisher Asset Management LLC now owns 14,728,881 shares of the software maker’s stock worth $3,577,793,000 after purchasing an additional 179,550 shares during the period. Bank of America Corp DE grew its holdings in SAP by 58.1% in the 2nd quarter. Bank of America Corp DE now owns 2,650,418 shares of the software maker’s stock valued at $805,992,000 after buying an additional 973,779 shares during the last quarter. Windacre Partnership LLC increased its position in SAP by 130.9% in the 3rd quarter. Windacre Partnership LLC now owns 2,357,225 shares of the software maker’s stock worth $629,874,000 after buying an additional 1,336,325 shares during the period. Northern Trust Corp increased its position in SAP by 3.2% in the 3rd quarter. Northern Trust Corp now owns 1,560,994 shares of the software maker’s stock worth $417,113,000 after buying an additional 49,111 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in shares of 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 period.

About SAP

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.