WallStSmart
SAP

SAP SE ADR

NYSE: SAP · TECHNOLOGY · SOFTWARE - APPLICATION

$173.44
-1.04% today

Updated 2026-04-27

Market cap
$206.62B
P/E ratio
23.98
P/S ratio
5.53x
EPS (TTM)
$7.31
Dividend yield
1.69%
52W range
$161 – $313
Volume
3.2M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

SAP SE ADR (SAP) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$173.44
Consensus
$340.75
+96.47%
2030 Target
$635.55
+266.44%
DCF
$167.99
-16.95% MoS
6 analysts:
4 Buy1 Hold0 Sell

Management guidance

No specific CEO revenue targets for 2026-2030 disclosed in available research. SAP has emphasized AI-first strategy and cloud migration as growth drivers, with acquisition of Reltio (closing Q2/Q3 2026) to enhance Business Data Cloud capabilities. Management focus remains on cloud ERP transition and Business AI adoption, but specific revenue guidance figures not publicly stated.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$1,064.97
$62.8B Rev × 20x P/S
Base case (2030)
$635.55
$62.8B Rev × 12x P/S
Bear case (2030)
$429.43
$62.8B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$31.2B$34.2B$36.8B$40.6B$45.4B$50.7B$56.5B$62.8B
Revenue growth—9.5%7.7%10.2%11.8%11.8%11.5%11.2%
EPS$4.93$3.25$7.28$7.31$8.55$10.05$11.65$13.40
P/S ratio———12.0x12.0x12.0x12.0x12.0x
Implied price———$412.25$463.78$515.31$584.02$635.55

Catalysts & risks

Growth catalysts
+ Reltio acquisition integration (closing Q2/Q3 2026) enhancing AI-ready data capabilities and cloud positioning
+ Cloud ERP migration acceleration as enterprise customers transition from on-premise to cloud
+ Business AI and SAP Joule adoption driving higher-margin recurring revenue
+ Defense segment growth (now 10% of revenue) expanding into new verticals
Key risks
- Cloud backlog growth deceleration and earnings volatility from business model transformation (JPMorgan March 2026 downgrade cited)
- Increased AI competition from Microsoft, Oracle, and emerging AI-native vendors pressuring market share and pricing
- EU antitrust investigation and regulatory uncertainties affecting operations
- Macroeconomic headwinds impacting manufacturing and industrial customer base spending

Methodology

SAP SE ADR's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 6 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 6, 2026.