
SAP SE (SAP) Stock Forecast & Price Target
SAP SE (SAP) Analyst Ratings
Bulls say
SAP's fiscal 2025 outlook reflects strong growth potential, with cloud revenue anticipated to reach between €21.6 billion and €21.9 billion, representing a 26%-28% increase in constant currency. Despite challenges in the broader macroeconomic environment, the company has maintained guidance for total revenue growth acceleration and non-IFRS operating profit of €10.3 billion to €10.6 billion, with a notable increase in free cash flow to approximately €8.0 billion. The positive revenue trends and prudent financial management suggest a robust long-term growth trajectory for SAP, especially as customer adoption of its solutions accelerates across various regions.
Bears say
The analysis of SAP's recent financial performance indicates a mixed outlook marked by slowing growth rates and downward revisions in earnings estimates. In particular, SAP reported a year-over-year revenue increase of 11% in constant currency for 3Q25, which shows a deceleration compared to the previous quarter's 12%, coupled with a decline in cloud ERP growth from 34% to 31%. Additionally, the company has faced potential pricing pressures and market share losses in its enterprise applications business, contributing to lowered non-IFRS EPS projections for 2025, 2026, and 2027, which further underlines the challenges ahead for SAP's stock.
This aggregate rating is based on analysts' research of SAP SE and is not a guaranteed prediction by Public.com or investment advice.
SAP SE (SAP) Analyst Forecast & Price Prediction
Start investing in SAP SE (SAP)
Order type
Buy in
Order amount
Est. shares
0 shares