SAP's strategic pivot to cloud subscriptions is yielding tangible margin benefits, with operating margin expanding from 14.7% in 2024Q2 to 26.8% in 2026Q2, while gross margin remains resilient near 73%.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth decelerated to 9.4% in 2026Q2, yet operating margin improved to 26.8% from 14.7% in 2024Q2, reflecting disciplined cost management and cloud transition benefits.
SAP has reported strong quarterly earnings, exceeding analyst expectations with significant revenue increases.
The current stock price is around $171, lower than its 12-month high of $313.28, suggesting a potential buying opportunity.
A consensus rating of 'Moderate Buy' from analysts indicates confidence in SAP's future performance.
Recent downgrades from several analysts, shifting from 'buy' to 'hold,' suggest concerns about the stock's short-term performance.
SAP's beta of 1.24 indicates it may be more sensitive to market fluctuations, posing risks for conservative investors.
The company faces significant competition in the software industry, which could impact its market share and profitability.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 21, 2026 | $2.18+7.4% vs $2.03 | $11.5B+1.0% vs $11.4B |
Q3 2026 Jul 23, 2026 | $1.85-7.5% vs $2.00 | $11.2B-0.5% vs $11.3B |
Q2 2026 Apr 23, 2026 | $2.01+4.7% vs $1.92 | $11.2B-0.1% vs $11.2B |
Q1 2026 Jan 29, 2026 | $1.89+6.8% vs $1.77 | $11.6B+1.4% vs $11.4B |
SAP (NYSE: SAP - Get Free Report) and Trend Micro (OTCMKTS:TMICY - Get Free Report) are both technology companies, but which is the better stock? We will compare the two businesses based on the strength of their valuation, earnings, analyst recommendations, institutional ownership, profitability, dividends and risk. Dividends SAP pays an annual dividend of $2.13 per
International Assets Investment Management LLC purchased a new position in shares of SAP SE (NYSE: SAP) in the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 12,324 shares of the software maker's stock, valued at approximately $2,569,000. Several other institutional investors
Asset Management One Co. Ltd. purchased a new stake in SAP SE (NYSE: SAP) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 7,219 shares of the software maker's stock, valued at approximately $1,505,000. Several other hedge funds and other institutional
Shares of Saputo Inc. (TSE: SAP - Get Free Report) passed above its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of C$41.22 and traded as high as C$41.53. Saputo shares last traded at C$41.23, with a volume of 442,288 shares traded. Analyst Upgrades and Downgrades
Benchmark SAP against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for SAP SE (SAP)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $233.45 | $272.02B | 34.87 | 7.68% | 19.46% | 15.73% | 1.07% | |
| $116.05 | $333.77B | 19.91 | 17.35% | 26.36% | 42.1% | 1.71% | |
| $530.61 | $3.94T | 29.56 | 17.79% | 41.17% | 33.21% | 0.67% | |
| $101.97 | $105.42B | 61.06 | 20.88% | 9.36% | 11.49% | — | |
| $341.50 | $93.41B | 24.98 | 15.63% | 21.29% | 23.42% | 1.23% | |
| $261.72 | $55.26B | 50.04 | 17.53% | 21.08% | 52.5% | — |
SAP SE (SAP) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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SAP SE (SAP) stock FAQ — growth, dividends, profitability & financials explained
SAP SE (SAP) reported $39.33B in revenue over the trailing twelve months. Revenue was $36.80B in fiscal year 2025. That is 889% more than the $3.72B of fiscal year 1996.
SAP SE (SAP) grew revenue by 7.7% in fiscal year 2025, compared with the prior fiscal year.
Yes. SAP SE (SAP) earned $8.03B in net income over the trailing twelve months (a 20.4% net margin).
Yes. SAP SE (SAP) pays a dividend that yields 1.07% at the current price, a moderate yield.
SAP SE (SAP) had a return on equity (ROE) of 15.7% in fiscal year 2025. That is above the market's typical 10-15%.
SAP SE (SAP) generated $9.12B in free cash flow over the trailing twelve months.
