SAP Q3 Preview: 27x For An AI Turnaround That Hasn't Happened Yet
Q2 cloud rebound eased AI fears, but valuation is rich. Click for this SAP earnings preview & see why I find it an ...
Model output · Signal date 2026-10-16
Sap Se (SAP) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE
Rating · 90D
▼ Bearish
Exact rating locked
90-day forecast
Sign up free to reveal
30-day forecast
Alpha
Rank in coverage
Bottom 35%
of 5171 stocks scored
Rank correlation · 90D
9.0%
Spearman, 357 dates
Market Cap
$276.41B
mega-cap · #4 of 60 peers
Summary
Sap Se (SAP) stock forecast summary
Our AI ranks Sap Se outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Sap Se is a mega-cap company with a market capitalization of $276.41B. It ranks number 4 by market capitalization among the 60 Services-Prepackaged Software issuers in our coverage with a current forecast.
For SAP, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 9.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 0.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, SAP included.
Follow SAP freePrice
SAP price chart and AI forecast
Cross-section · 2026-10-16
How SAP ranks among 5171 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Fundamentals · 2025-12-31
Sap Se (SAP) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Services-Prepackaged Software peers listed below that report each metric. Statement values were filed in EUR and are shown converted to USD (flows at the trailing twelve-month average rate, balances at the balance-sheet date rate).
Valuation & Market
| Metric | SAP | Rank |
|---|---|---|
| Market Cap | $276.41B | 4/60 |
| P/E Ratio | 12.50x | 38/39 |
| EPS | $18.00 | – |
| Revenue/Share | $122.72 | – |
Profitability & Margins
| Metric | SAP | Rank |
|---|---|---|
| ROE | 42.0% | 7/47 |
| ROA | 26.6% | 2/48 |
| ROIC | 46.7% | 3/54 |
| Gross Margin | 72.3% | 37/56 |
| Operating Margin | 18.6% | 21/59 |
| Net Margin | 14.1% | 26/50 |
| EBT Margin | 17.6% | 21/59 |
| Tax Rate | 32.7% | – |
Financial Health
| Metric | SAP | Rank |
|---|---|---|
| Current Ratio | 1.16x | 43/59 |
| D/E Ratio | 0.57x | 36/53 |
| Financial Leverage | 1.58x | 34/51 |
| Working Capital | $3.34B | 8/59 |
Cash Flow
| Metric | SAP | Rank |
|---|---|---|
| Operating Cash Flow | $29.86B | 3/59 |
| OCF Growth YoY | 24.2% | 32/52 |
Operational Efficiency
| Metric | SAP | Rank |
|---|---|---|
| Asset Turnover | 1.89x | 1/49 |
| Receivables Turnover | 19.9x | 6/52 |
| Days Sales Outstanding | 18 days | 47/52 |
| Payables Period | 24 days | 28/55 |
Income Statement
| Metric | SAP | Rank |
|---|---|---|
| Total Revenue | $150.76B | 2/53 |
| Operating Income | $28.03B | 2/59 |
| Net Income | $21.20B | 2/50 |
| R&D Expense | $29.05B | 2/59 |
| Cost of Goods Sold | $41.74B | 2/57 |
Dividend & Shareholder Information
| Metric | SAP | Rank |
|---|---|---|
| Shares Outstanding | 1228M | – |
| Net Income Growth | 5.1% | 22/30 |
| EPS Growth | 5.9% | 27/36 |
Balance Sheet Highlights (USD millions, converted from EUR)
| Total Current Assets | $23.79B | |
| Cash & Short-term Investments | $9.66B | |
| Accounts Receivable | $7.84B | |
| Total Liabilities | $29.71B | |
| Short-term Debt | $17.60B |
Quarterly Financial Reports
SAP quarterly financials and insider trading
Industry Peers · Services-Prepackaged Software
Sap Se (SAP) industry peers
Companies classified under the same SEC industry code as Sap Se (Services-Prepackaged Software): 60 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| SAP Sap Se | ▼ | $276.41B |
| MSFT Microsoft Corp | ▼ | $3.93T |
| PLTR Palantir Technologies Inc. | ▲ | $447.01B |
| ORCL Oracle Corp | ▲ | $387.73B |
| CRWD Crowdstrike Holdings, Inc. | ▲ | $232.83B |
| SHOP Shopify Inc. | ▲ | $218.11B |
| CRM Salesforce, Inc. | ▶ | $198.10B |
| NET Cloudflare, Inc. | ▲ | $105.51B |
| ADBE Adobe Inc. | ▼ | $95.43B |
| SNPS Synopsys Inc | ▼ | $89.71B |
| DDOG Datadog, Inc. | ▲ | $88.73B |
| CDNS Cadence Design Systems Inc | ▼ | $86.97B |
| NTES Netease, Inc. | ▼ | $80.22B |
| TEAM Atlassian Corp | ▶ | $54.96B |
| VEEV Veeva Systems Inc | ▼ | $50.68B |
| ADSK Autodesk, Inc. | ▼ | $50.14B |
| XYZ Block, Inc. | ▶ | $47.96B |
| TWLO Twilio Inc | ▲ | $41.99B |
| TTWO Take Two Interactive Software Inc | ▼ | $39.15B |
| RBLX Roblox Corp | ▲ | $35.39B |
| CRWV Coreweave, Inc. | ▲ | $33.86B |
| OKTA Okta, Inc. | ▲ | $32.74B |
| MDB Mongodb, Inc. | ▲ | $27.19B |
| RBRK Rubrik, Inc. | ▲ | $23.30B |
| PTC Ptc Inc. | ▶ | $20.94B |
| SSNC Ss&C Technologies Holdings Inc | ▼ | $19.76B |
| NTNX Nutanix, Inc. | ▶ | $18.11B |
| DT Dynatrace, Inc. | ▶ | $17.66B |
| TYL Tyler Technologies Inc | ▼ | $14.89B |
| CHKP Check Point Software Technologies Ltd | ▼ | $14.56B |
| GEN Gen Digital Inc. | ▲ | $14.46B |
| GWRE Guidewire Software, Inc. | ▲ | $13.85B |
| MANH Manhattan Associates Inc | ▶ | $12.95B |
| HUBS Hubspot Inc | ▲ | $11.52B |
| FIG Figma, Inc. | ▲ | $11.45B |
| PAYC Paycom Software, Inc. | ▲ | $11.34B |
| SAIL Sailpoint, Inc. | ▲ | $11.28B |
| BSY Bentley Systems Inc | ▶ | $10.69B |
| FROG Jfrog Ltd | ▲ | $10.40B |
| ESTC Elastic N.V. | ▶ | $9.63B |
| PCTY Paylocity Holding Corp | ▼ | $8.82B |
| GTLB Gitlab Inc. | ▲ | $8.79B |
| PCOR Procore Technologies, Inc. | ▲ | $8.66B |
| ZETA Zeta Global Holdings Corp. | ▲ | $8.26B |
| DBX Dropbox, Inc. | ▲ | $8.03B |
| NTSK Netskope Inc | ▲ | $7.76B |
| APPF Appfolio Inc | ▼ | $7.51B |
| S Sentinelone, Inc. | ▲ | $7.51B |
| DSGX Descartes Systems Group Inc | ▼ | $7.49B |
| TTAN Servicetitan, Inc. | ▲ | $7.15B |
| NICE Nice Ltd. | ▲ | $6.78B |
| PATH Uipath, Inc. | ▲ | $6.70B |
| DUOL Duolingo, Inc. | ▲ | $6.63B |
| NAVN Navan, Inc. | ▲ | $6.61B |
| GLBE Global-E Online Ltd. | ▲ | $6.56B |
| QLYS Qualys, Inc. | ▲ | $6.26B |
| CVLT Commvault Systems Inc | ▲ | $6.18B |
| MBLY Mobileye Global Inc. | ▲ | $5.88B |
| VRNS Varonis Systems Inc | ▲ | $5.44B |
| BOX Box Inc | ▲ | $5.43B |
Where SAP sits on the market map
Technology · Services-Prepackaged Software
News
Sap Se (SAP) stock news
SAP SE (SAP) Rebounded Strongly Following Strong Q2 Results
Lindsell Train Ltd, an investment management company, has released its “Lindsell Train Global Equity Fund” third-quarter 2026 investor letter. The letter can be downloaded here. To drive long-term ...
SAP SE (SAP): A Bull Case Theory
We came across a bullish thesis on SAP SE on Compounding Your Wealth's Substack by Sergey. In this article, we will summarize the bulls' thesis on SAP. SAP SE's share was trading at $201.04 as of ...
FAQ
Sap Se (SAP) stock forecast FAQ
What is the Sap Se (SAP) stock forecast?
Our AI ranks Sap Se outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
How accurate are Sap Se stock predictions?
For SAP, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 9.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 0.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Sap Se forecasts updated?
Sap Se forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Sap Se's industry peers?
60 issuers in our coverage, SAP included, share the SEC industry code Services-Prepackaged Software. The largest are: Microsoft Corp (MSFT), Palantir Technologies Inc. (PLTR), Oracle Corp (ORCL), Crowdstrike Holdings, Inc. (CRWD), Shopify Inc. (SHOP), Salesforce, Inc. (CRM).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.