SAP (SAP.DE) Stock Price

SAP Price

XETRA·CLOSED
185.32
​
Market closed

Over the last 19 years SAP grew revenue by 7.5% annually, reaching 36.80 B EUR. Earnings per share have grown at 7.6% per year over the last 19 years. For SAP, the net margin of 19.9% is broadly stable versus 19.5% a few years ago. At today's price the dividend yield works out to roughly 1.27%. The payout ratio is around 38% of earnings. The dividend has grown at 10.3% per year over the past 19 years. The consensus 12-month price target for SAP is 261.63 EUR, about 41.2% above where the stock trades today. Of 41 analysts, 30 rate the stock a buy — an overall Buy consensus.

SAP stock price

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SAP business model & stock analysis

SAP SE is a globally leading company in the field of enterprise software, with its headquarters in Walldorf, Germany. The company was founded in 1972 by five former IBM employees and has evolved over time to become one of the largest providers of ERP software. The business model of SAP SE is based on the development and sale of enterprise software, as well as the provision of cloud-based solutions and services. The company's software is used in various industries such as finance, manufacturing, sales, and procurement. To better meet customer needs, SAP offers a wide range of products and solutions, including Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), Supply Chain Management (SCM), Business Intelligence (BI), databases, and applications for mobile devices. SAP has enabled a comprehensive digital transformation in companies with the introduction of R/2 and R/3 solutions, thereby significantly contributing to changing the way businesses carry out their processes. With the introduction of SAP S/4HANA, the company has ushered in the next generation of ERP systems, based on in-memory technology. This means that SAP S/4HANA is capable of processing large amounts of data in real-time, enabling users to make faster decisions. In addition to the traditional core applications, SAP SE also offers a variety of industry-specific applications tailored to the needs of certain industries, such as SAP Ariba solutions for procurement management and SAP SuccessFactors for human resources. The company also provides cloud-based applications, including SAP Cloud Platform and SAP Leonardo, a platform for Internet of Things (IoT) and machine learning. SAP SE serves customers from a variety of industries, ranging from small and medium-sized enterprises to multinational corporations. The company operates in more than 180 countries and employs over 100,000 people worldwide. SAP's global presence and wide range of products and solutions have contributed to its inclusion in the Fortune Global 500 index. SAP SE has a strong corporate culture based on innovation and collaboration. The company is also actively engaged in corporate social responsibility (CSR) and advocates for issues such as sustainability and workplace diversity. Overall, SAP SE remains a key player in the enterprise software industry. The company is known for its advanced technology and commitment to customer care. The variety of products and solutions it offers allows customers to optimize their business processes and maximize their potential.

Frequently asked questions about SAP

The business model of SAP SE revolves around providing enterprise software solutions and services to businesses worldwide. SAP SE offers a wide range of software products that assist organizations in various areas such as finance, human resources, supply chain management, sales, and customer relationship management. These software solutions are designed to streamline business processes and improve efficiency, enabling companies to make data-driven decisions. SAP SE also offers cloud-based solutions and services to help businesses embrace digital transformation. With its strong portfolio of products, SAP SE aims to empower organizations and drive their growth in an increasingly interconnected and competitive business environment.

SAP SE is primarily active in the software and technology industry. As a global leader in enterprise application software, SAP provides solutions and services across various sectors. With a focus on enterprise resource planning (ERP), customer relationship management (CRM), supply chain management (SCM), and business intelligence (BI), SAP has a significant presence in industries such as manufacturing, retail, automotive, banking, healthcare, and telecommunications. With its innovative software solutions, SAP is driving digital transformation and enabling businesses across different sectors to optimize their operations and enhance productivity.

The main competitors of SAP SE in the market include Oracle Corporation, IBM Corporation, and Microsoft Corporation.

SAP SE, a renowned multinational software corporation based in Germany, has a rich history and background. Founded in 1972 by five former IBM employees, SAP initially focused on creating software solutions for enterprise resource planning (ERP). Over time, SAP evolved and expanded its offerings, becoming a global leader in enterprise application software. With its innovative technologies, such as SAP HANA, the company empowers businesses to streamline operations, enhance productivity, and drive growth. Today, SAP SE serves various industries worldwide, providing software solutions and services for finance, human resources, customer experience, supply chain management, and more. Their commitment to innovation and customer-centric approach has solidified their position in the market as a leading software provider.

Some significant milestones achieved by SAP SE include its establishment in 1972, becoming the first German software company to go public in 1988, and being listed on the New York Stock Exchange in 1998. The company also achieved rapid growth in the 1990s, expanding its software solutions to various industries and acquiring notable companies like Qualtrics in 2019. Furthermore, SAP SE has developed innovative technologies such as SAP HANA, a high-performance in-memory database, and successful cloud-based offerings. With a strong commitment to sustainability and social responsibility, SAP SE has also been recognized as a global leader in corporate citizenship efforts.

SAP SE is primarily present in countries and regions across the globe. With its headquarters in Germany, SAP SE has a strong presence in Europe, including countries like the United Kingdom, France, and Italy. Additionally, SAP SE has a significant foothold in North America, particularly in the United States and Canada. The company also operates extensively in the Asia-Pacific region, spanning countries like China, India, Japan, and Australia. Furthermore, SAP SE has a growing presence in Latin America, Africa, and the Middle East. Overall, SAP SE has a truly global presence, catering to a diverse range of customers worldwide.

SAP SE represents a set of core values and corporate philosophy that guide its operations. The company is committed to delivering innovation with a customer-centric approach, aiming to empower businesses to run more efficiently and sustainably. SAP SE values an inclusive and diverse workplace, fostering collaboration and embracing different perspectives to drive success. With a strong focus on sustainability, the company aims to contribute positively to society and the environment. SAP SE's corporate philosophy centers around trust, integrity, and ethical conduct, providing reliable solutions that enable businesses to thrive in a digital economy.

Analysts currently set an average price target of 257.70 EUR for the SAP stock (median: 261.63 EUR), implying +37.5 % versus the latest price. The consensus is based on 41 analyst ratings.

41 analysts currently rate the SAP stock: 30 recommend buying, 8 holding and 3 selling. For 2026, analysts expect SAP to generate revenue of 40.25 B EUR and earnings per share of 7.02 EUR.

The SAP share (SAP.DE) is listed on 15 stock exchanges, including: NYSE (SAP), London (0NW4.L), SIX (Zürich) (SAPEUR.SW), XETRA (SAP.DE), Frankfurt (SAP.F), München (SAP.MU), Stuttgart (SAP.SG), Düsseldorf (SAP.DU).

The SAP SE is a globally leading provider of enterprise software and related services. Its business model is based on providing customers with solutions to digitize and optimize business processes. SAP has divided its business into various sectors to meet the different needs of its customers. This includes sectors such as ERP (Enterprise Resource Planning), CRM (Customer Relationship Management), SCM (Supply Chain Management), HCM (Human Capital Management), and IoT (Internet of Things). In the ERP sector, SAP offers a comprehensive suite of applications that enable companies to automate and optimize their finances, procurement, production, and distribution. These applications are used by many large organizations worldwide to simplify and accelerate their business processes. In the CRM area, SAP provides solutions to support sales, marketing, and customer service. These applications can help companies better understand their customers, make marketing campaigns more effective, and improve customer service. The SCM sector focuses on improving companies' supply chain processes. This includes optimizing inventory management to ensure sufficient materials are available to meet customer needs. In addition, companies can improve their production processes to be more efficient and achieve time and cost savings. SAP's HCM sector focuses on the human resources departments of companies. SAP provides solutions for managing personnel information, payroll, and performance management. In the IoT area, SAP offers solutions for the Internet of Things, allowing companies to use connected devices and sensors to collect data. This data can then be used to optimize automations and improve processes. In addition, SAP also offers a variety of other products and services, including databases, analytics tools, and cloud solutions. Overall, SAP's business model is based on providing software and service solutions for companies to optimize and digitize their business processes. By using the various sectors and products offered by the company, companies can simplify, improve, and make their business processes more efficient.

The expected revenue of SAP is 40.25 B EUR. This figure is based on current financial data and reflects the company's business performance.

The expected profit of SAP is 8.22 B EUR. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of SAP is currently 26.42. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the SAP stock.

The price-to-sales ratio (P/S) of SAP is currently 5.40. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the SAP stock.

The Eulerpool Quality Score for SAP is 8/10.

The ISIN of SAP is DE0007164600. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of SAP is 716460. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of SAP is SAP.DE. The ticker symbol is used to trade SAP shares on the stock exchange.

Fair ValueTerminal
170.49 EUR
Over-/UndervaluationTerminal
Fairly valued
Industry
Software
Number of shares
Employees
Revenue per Employee
359,269.75 EUR
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Website sap.com
Country
Currency
EUR
Initial public offering
Nov 4, 1988
ISIN
DE0007164600
Cusip
D66992104
Sedol
4846288
Market capitalization
216.08 B EURMega Cap
52-Week Range
Revenue growth (10Y) > 5%
Revenue growth (3Y) > 5 %
EBIT growth (10Y) > 5%
EBIT growth (3Y) > 5 %
Net debt < 4x EBIT
Profitable since 10Y+
EBIT Drawdown (10Y) < 50%
Return on Equity (ROE) > 15%
ROCE > 15%
Return Expectation > 10%
PEG
2.72
P/E ratio
P/Ee 2026
26.28
P/Ee 2027
22.40
P/Ee 2028
19.19
P/Ee 2029
17.46
P/Ee 2030
15.68
P/S
P/Se
5.40
EV/EBIT
20.18
P/B Ratio
4.83
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
13.87 %
Gross Margin
73.48 %
EBIT Margin
27.97 %
Net Margin
19.91 %
EPS (Earnings Per Share)
6.25 EUR
Net Debt / EBIT
-0.81
Debt/Equity
0.18
Dividend
Dividend yield
1.27 %
Est. Dividend Yield
1.35 %
Payout Ratio
37.59 %
Dividend growth Ø5Y
5.09 %
Dividend payments per year
1
Dividend paid since
31 years
Dividend not reduced since
26 years
Dividend increased since
15 years
Dividend withholding tax
26.38 %
Last updated Oct 2, 2026, 8:21 PM

SAP Ticker

BERLIN · SAP.BEDÜSSELDORF · SAP.DUFRANKFURT · SAP.FHAMBURG · SAP.HMLONDON · 0NW4.LMILAN · 1SAP.MIMUNICH · SAP.MUNASDAQ · SAPNEW YORK · SAPOTC · SAPGFSIX · SAPEUR.SWSTUTTGART · SAP.SG

SAP FIGI

SAP:SW · BBG000BDTGP4SAP:GR · BBG000BG7DY8SAP:GF · BBG000BG7FG3SAP:GD · BBG000BG7GR9SAP:GY · BBG000BG7GX2SAP:GS · BBG000BG7HG9SAP:GM · BBG000BG7J66SAP:GB · BBG000BG7JL9SAP:GI · BBG000BG7ML2SAP:GH · BBG000BG7NG6SAPGF:US · BBG000BQKGR2SAPGF:PQ · BBG000BQKQB7

All fundamentals and in-depth analysis of SAP

Our stock analysis for SAP stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of SAP. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.