Jefferies keeps EUR 250.00 target for SAP stock

Published on 10/27/2026 at 18:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SAP's price-to-earnings ratio was 30.32 on October 27, 2026. SAP stock costs EUR 212.98 on October 27, 2026, 0.08 percent below the Xetra close.

Jefferies maintains SAP target

On October 26, 2026, Jefferies maintained its EUR 250.00 price target and Buy rating for SAP.
SAP reported IFRS operating profit growth of 18 percent for the third quarter of 2026 on October 21, 2026.
SAP stock costs EUR 212.98 at Lang & Schwarz on October 27, 2026 at 6:05 p.m. CEST, 0.08 percent below the Xetra close of October 27, 2026, and 9.39 percent below the 52-week high.
SAP had a market capitalization of EUR 246.0 billion and a price-to-earnings ratio of 30.32 as of October 27, 2026.

SAP, DE0007164600, Illustration mit AI erstellt.

SAP (ISIN DE0007164600) was covered by Jefferies on October 26, 2026, which maintained its Buy rating and EUR 250.00 price target, leaving the target 17.38 percent above the EUR 212.98 Lang & Schwarz price, according to Markets Insider. SAP was trading at EUR 212.98 at Lang & Schwarz on October 27, 2026 at 6:05 p.m. CEST, 0.08 percent below the Xetra close of October 27, 2026 at EUR 213.15.

Jefferies target stays above price

The target leaves 17.38 percent upside from the Lang & Schwarz price, while the rating remained Buy. Jefferies' October 26 note followed SAP's third-quarter results and gives investors a valuation marker that is separate from the daily euro move.

Operating profit rose 18 percent

SAP reported IFRS operating profit growth of 18 percent for the third quarter of 2026, according to SAP News on October 21, 2026. The company also said non-IFRS operating profit grew 18 percent in the same period, giving the analyst target a recent operating-performance reference.

Price sits below the yearly high

SAP's quoted 52-week range was EUR 127.50 to EUR 235.05 as of October 27, 2026. At EUR 212.98, the stock stood 9.39 percent below the upper end of that range. The quoted market capitalization was EUR 246.0 billion, and the price-to-earnings ratio was 30.32 on the same date.

Comparison with peers

SAP: down 0.08 percent versus the Xetra close, P/E 30.32, market capitalization EUR 246.0 billion as of October 27, 2026.
Oracle (NYSE, USD): up 4.37 percent, P/E 20.58, market capitalization USD 397.8 billion as of October 27, 2026.
Salesforce (NYSE, USD): down 2.12 percent, P/E 22.10, market capitalization USD 199.5 billion as of October 27, 2026.

Analyst target frames the stock

The immediate investor question is how much room the target leaves after the third-quarter report. The answer is 17.38 percent from the Lang & Schwarz price, while the stock remains 9.39 percent below its 52-week high. That spread puts the EUR 250.00 target above both the current quote and the recent trading range.

SAP was trading at EUR 212.98 at Lang & Schwarz on October 27, 2026 at 6:05 p.m. CEST, 0.08 percent below the Xetra close of October 27, 2026 at EUR 213.15. The further course of trading is shown by the continuously updated real-time quote of SAP stock.