SAP, Bank of America reiterates Buy and names it top pick
Published on 06/24/2026 at 08:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-24, 08:13.
SAP (DE0007164600) is back in analyst focus after fresh market coverage from Bank of America on Tuesday. The note reiterated Buy and named SAP the top large-cap software pick for 2026, according to market reporting. Market report on the Bank of America note
What the analyst note says
Bank of America Securities analyst Frederic Boulan kept the Buy call and cited a €210 target in the coverage picked up by Tuesday's market report. The same report said SAP had risen 2.6 percent in pre-market trading on June 23, a concrete reaction tied to the update. TradingKey quote page with analyst summary
Analyst backdrop in the US
SAP ADR quotes also traded at $153.42 at the June 23 close on TradingKey, which gives the note a current US-market reference point. Barchart's opinion page for SAP's ADR shows a heavily mixed technical score, with the headline panel listing an 88 percent Sell overall average on the page. Barchart opinion page for SAP ADR
All news and analysis on the SAP shares
The analyst update sits alongside the stock's broader valuation debate, with current market coverage and company materials available in one place.
Software and cloud mix
SAP's core business centers on enterprise software, cloud subscriptions and related services for large and mid-sized customers. The company also sells ERP software, including S/4HANA, which remains the best-known product line in investor discussions.
Where SAP trades
The SAP shares (DE0007164600) trade on Xetra at 134.52 euros on 2026-06-23, 08:13. That print appears in current market coverage for the DAX and TecDAX member.
SAP at a glance
- Company: SAP SE
- ISIN: DE0007164600
- Ticker: SAP
- Trading venue: Xetra
- Price (as of 2026-06-23, 08:13): 134.52 euros
- Sector / industry: Software
- Index membership: DAX, TecDAX, STOXX Europe 50, EURO STOXX 50, STOXX Europe 600
Disclaimer: This article is for information only and does not constitute investment advice.
Disclaimer regarding our articles: No investment advice, no buy or sell recommendation. Information on prices, companies, and markets is provided without guarantee; changes are possible at any time. Stock market transactions can lead to substantial losses. Our articles are created and reviewed in whole or in part automatically with the support of AI.
