SAP (SAP) to Announce Earnings on Thursday

SAP (NYSE:SAP) is anticipated to announce its Q2 2026 results after the market closes on Thursday, July 23rd. Analysts expect the company to announce earnings of $2.00 per share and revenue of $11.3482 billion for the quarter. Investors may review the information on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, July 23, 2026 at 5:00 PM ET.

SAP (NYSE:SAP) last issued its quarterly earnings results on Friday, February 27th. The software maker reported $1.99 EPS for the quarter. SAP had a return on equity of 17.31% and a net margin of 20.08%.The company had revenue of $11.06 billion for the quarter. On average, analysts expect SAP to post $8 EPS for the current fiscal year and $10 EPS for the next fiscal year.

SAP Stock Down 2.4%

Shares of SAP stock opened at $154.54 on Wednesday. SAP has a 12 month low of $148.06 and a 12 month high of $307.66. The firm has a market cap of $189.86 billion, a PE ratio of 20.88, a price-to-earnings-growth ratio of 1.82 and a beta of 1.14. The stock has a 50 day moving average of $166.38 and a 200-day moving average of $185.91. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.11.

Institutional Investors Weigh In On SAP

A number of institutional investors have recently bought and sold shares of the business. Riggs Asset Managment Co. Inc. grew its position in SAP by 83.8% during the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 147 shares of the software maker’s stock worth $45,000 after acquiring an additional 67 shares during the last quarter. JPL Wealth Management LLC bought a new position in SAP in the 3rd quarter valued at $49,000. Greenline Wealth Management LLC acquired a new position in SAP in the fourth quarter worth $50,000. Transamerica Financial Advisors LLC boosted its stake in SAP by 101.6% in the fourth quarter. Transamerica Financial Advisors LLC now owns 250 shares of the software maker’s stock worth $61,000 after purchasing an additional 126 shares in the last quarter. Finally, Colonial Trust Co SC grew its holdings in shares of SAP by 194.2% during the fourth quarter. Colonial Trust Co SC now owns 253 shares of the software maker’s stock worth $62,000 after purchasing an additional 167 shares during the last quarter.

Analysts Set New Price Targets

A number of brokerages recently issued reports on SAP. The Goldman Sachs Group reaffirmed a “buy” rating and set a $265.00 target price on shares of SAP in a research report on Wednesday, June 10th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of SAP in a report on Tuesday, March 24th. Barclays decreased their price target on shares of SAP from $257.00 to $255.00 and set an “overweight” rating on the stock in a research report on Tuesday. TD Cowen dropped their price objective on shares of SAP from $230.00 to $210.00 and set a “buy” rating on the stock in a report on Friday, July 17th. Finally, Piper Sandler lowered shares of SAP from an “overweight” rating to a “neutral” rating in a research report on Tuesday, April 14th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $270.83.

About SAP

SAP SE is a global enterprise software company headquartered in Walldorf, Germany. Founded in 1972 by five former IBM engineers, the company’s name is an acronym for Systeme, Anwendungen und Produkte in der Datenverarbeitung (Systems, Applications & Products in Data Processing). SAP develops and sells software and services that help organizations manage business processes across finance, human resources, procurement, manufacturing, supply chain and customer relationships.

SAP’s product portfolio spans on‑premises and cloud offerings, anchored by its enterprise resource planning (ERP) solutions such as SAP S/4HANA and the SAP HANA in‑memory database and platform.