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SAP SE

SAP

Last
$214.78
Day
+1.1%
1y
-23.0%
5y
+58.8%
52w
-24.5%
SPY YTD
+13.3%
XLK
+37.1%
Earnings
2026-10-2111d
EMA 21
210.42
EMA 50
204.77
EMA 200
202.11
20d high
-2.9%
5y high
-32.2%
5y range
57th
Website · 112,019 employees · Germany

Positions held

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Add it to see shares, cost, and P&L here.

Score
17
Hold
watch
Signal
Neutral
Target
$227.45
Stop
$204.88
Stop distance
4.6%
Target vs last
+5.9%

Bull / bear case

Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.

Bull case
  • SAP's strong revenue growth of 9.4% year-over-year indicates a robust demand for its software solutions, positioning it well in the competitive technology sector.
  • In Q2 2026, SAP reported a revenue of $9.878 billion, a 3% increase from the previous quarter.
  • The gross margin improved to 73.2% in Q2 2026, up from 73% in Q1 2026.
Bear case
  • Despite positive growth, SAP's trailing P/E ratio of 27.02 suggests that the stock may be overvalued compared to industry peers.
  • The operating margin decreased to 26.8% in Q2 2026 from 28.8% in Q1 2026, indicating potential operational challenges.
  • The stock's 52-week range shows significant volatility, with a high of $281.37 and a low of $144.97.

Fundamentals

Market cap$245.15BEnterprise value$3.45TTrailing P/E27.27Forward P/E21.93
PEG1.64Price / book66.85Beta0.76Dividend yield1.38%
Revenue growth9.4%Earnings growth30.6%Gross margin73.7%Operating margin27.6%
Profit margin20.4%ROE18.3%ROA9.5%Debt / equity0.22
Current ratio1.15Free cash flow$9.09BAnalyst recommendationbuyMean target$257.33
52w high$281.3752w low$144.97

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q2
Revenue$9.9B$9.6B$9.7B$9.1B$9.0B
Op margin26.8%28.8%24.2%27.2%27.4%
Net income$2.2B$1.9B$1.7B$2.0B$1.7B
Gross margin73.2%73.0%71.4%73.5%73.3%
Gross profit$7.2B$7.0B$6.9B$6.7B$6.6B
Operating income$2.7B$2.8B$2.3B$2.5B$2.5B
  • Revenue +3% vs prior quarter ($9.9B vs $9.6B).
  • Gross margin 73.2% (was 73% prior quarter).

Yearly (6y)

2025202420232022
Revenue$36.8B$34.2B$31.2B$29.5B
Op margin26.1%22.8%19.3%20.5%
Net income$7.2B$3.1B$6.1B$2.3B
Gross margin72.9%73.0%72.2%72.8%
Gross profit$26.8B$24.9B$22.5B$21.5B
Operating income$9.6B$7.8B$6.0B$6.1B
Headline scan

No flags

• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).

News

SAP · daily+0.8% over 13 sessions
Close EMA21 EMA50 EMA200
202.59205.77208.94212.12215.302026-092026-092026-092026-092026-102026-102026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
$0M$2.5B$4.9B$7.4B$9.9B0%37%74%2025-Q22025-Q32025-Q42026-Q12026-Q2