SAP (NYSE:SAP) Upgraded to Strong-Buy at Jefferies Financial Group

Jefferies Financial Group upgraded shares of SAP (NYSE:SAP) from a hold rating to a strong-buy rating in a report published on Tuesday morning,Zacks reports.

SAP has been the subject of a number of other reports. UBS Group lowered SAP from a “buy” rating to a “neutral” rating in a research report on Wednesday, August 26th. Argus set a $265.00 price target on SAP in a research report on Thursday, September 10th. The Goldman Sachs Group restated a “buy” rating and set a $265.00 price target on shares of SAP in a research note on Wednesday, June 10th. Morgan Stanley restated an “overweight” rating on shares of SAP in a report on Friday, August 21st. Finally, Oppenheimer reaffirmed a “market perform” rating on shares of SAP in a research note on Friday, July 24th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, SAP presently has a consensus rating of “Moderate Buy” and a consensus target price of $256.29.

SAP Price Performance

SAP stock opened at $210.77 on Tuesday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.15 and a quick ratio of 1.15. The stock has a market cap of $258.93 billion, a price-to-earnings ratio of 26.48, a price-to-earnings-growth ratio of 2.48 and a beta of 1.14. The firm has a 50-day moving average of $200.04 and a two-hundred day moving average of $181.55. SAP has a 1 year low of $144.97 and a 1 year high of $281.36.

SAP (NYSE:SAP) last issued its earnings results on Wednesday, July 22nd. The software maker reported $1.82 EPS for the quarter, missing analysts’ consensus estimates of $2.00 by ($0.18). The company had revenue of $11.27 billion for the quarter, compared to analysts’ expectations of $11.30 billion. SAP had a return on equity of 17.07% and a net margin of 20.88%.The business’s revenue was up 9.4% compared to the same quarter last year. During the same period last year, the business posted $1.50 earnings per share. On average, research analysts forecast that SAP will post 8.16 earnings per share for the current year.

Institutional Investors Weigh In On SAP

A number of institutional investors have recently added to or reduced their stakes in SAP. QRG Capital Management Inc. grew its stake in SAP by 12.0% in the second quarter. QRG Capital Management Inc. now owns 68,368 shares of the software maker’s stock valued at $10,536,000 after purchasing an additional 7,315 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of SAP by 41.5% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 6,897 shares of the software maker’s stock valued at $1,063,000 after buying an additional 2,023 shares in the last quarter. Tidal Investments LLC boosted its holdings in shares of SAP by 18.5% in the 2nd quarter. Tidal Investments LLC now owns 1,214,315 shares of the software maker’s stock valued at $187,138,000 after buying an additional 189,591 shares in the last quarter. BlueCrest Capital Management Ltd purchased a new position in shares of SAP in the 2nd quarter worth approximately $364,000. Finally, WINTON GROUP Ltd grew its position in shares of SAP by 45.1% in the 2nd quarter. WINTON GROUP Ltd now owns 11,780 shares of the software maker’s stock worth $1,815,000 after buying an additional 3,660 shares during the last quarter.

Key Stories Impacting SAP

Here are the key news stories impacting SAP this week:

• Positive Sentiment: SAP’s ecosystem and artificial-intelligence strategy received additional exposure through SAPinsider Copenhagen 2026, where customers will receive hands-on access to Joule Studio and SAP’s agent-building tools. The event could support adoption of SAP’s AI products, although it is primarily promotional. SAPinsider Copenhagen 2026 to Host SAP Agent Lab
• Positive Sentiment: SAP Labs India expanded its partnership with Gati Shakti Vishwavidyalaya to incorporate SAP learning into academic programs, helping build a future talent pipeline and strengthen the company’s presence in India. SAP Labs India and GSV Strengthen Alliance
• Positive Sentiment: SAP and ZEE Media honored Hyderabad business leaders, providing additional brand visibility in a key growth market. The announcement is unlikely to materially affect near-term earnings. SAP and ZEE Media Honor Hyderabad Business Leaders
• Neutral Sentiment: Articles discussing SAP’s “autonomous enterprise,” Judgment AI and next-generation ERP highlight the company’s strategic direction, but provide limited new financial information or immediate catalysts. SAP Judgment AI and Next-Generation ERP
• Negative Sentiment: The Delhi High Court ordered SAP India to restore critical software-support services to Nayara Energy, ruling that European Union sanctions do not override the contractual obligations in India. The decision may increase compliance, legal and operational uncertainty for SAP, though it preserves an ongoing customer relationship. SAP Must Restore Nayara Energy Services
• Negative Sentiment: Erste Group cut its fiscal 2026 EPS estimate for SAP to $8.10 from $8.24, below the approximately $8.16 consensus forecast. The reduction could weigh on sentiment by signaling somewhat lower expected earnings growth.

SAP Company Profile

SAP SE is a German enterprise software company headquartered in Walldorf, Germany. The company develops technology that helps organizations manage core business operations, including finance, procurement, supply chain, manufacturing, human resources, sales and customer relationships.

SAP’s portfolio is centered on its cloud-based enterprise resource planning platform, SAP S/4HANA, along with the SAP Business Technology Platform. Its products and services also include SAP SuccessFactors for human resources, SAP Ariba for business-to-business procurement, SAP Concur for travel and expense management, and solutions for customer experience, data management, analytics and artificial intelligence.

SAP was founded in 1972 by five former IBM employees and has grown into a global provider of business software.