
SAP SE (SAP) Stock Forecast & Price Target
SAP SE (SAP) Analyst Ratings
Bulls say
SAP maintains a strong positive outlook due to its robust performance projections, including cloud revenue guidance of €21.6B-€21.9B for 2025, indicating a growth of 26%-28% in constant currency, and a significant contribution from its cloud business, which comprised 57% of total revenue in 2Q and grew 28% on a comparable currency basis. The company is also expected to report a non-IFRS operating profit of €10.3B-€10.6B, reflecting a growth of 26%-30% in constant currency, alongside a free cash flow forecast of approximately €8.0B. SAP's strategic initiatives, including its RISE program and new partnerships that enhance its capabilities in AI and machine learning, further position the company favorably in the expanding total addressable market, expected to reach $670B by 2025.
Bears say
SAP faces significant challenges in its enterprise applications business, which may result in pricing pressure and potential losses in market share. The company's forecasts have been revised downward, with non-IFRS EPS estimates for 2025, 2026, and 2027 being adjusted to €6.01, €6.87, and €7.93, respectively, indicating a trend of decreasing profitability projections. Furthermore, these estimates reflect lower total revenue expectations of €36.8 billion for 2025 and €40.5 billion for 2026, which further highlights concerns regarding SAP's financial performance and market position.
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
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