Eroding Pricing Power And Execution Risks Will Unsettle Prospects

AN

AnalystLowTarget

AnalystLowTarget

Not Invested

Community Contributor

Published

23 Jun 25

Updated

21 Mar 26

Views

197

n/a

n/a

AnalystLowTarget's Fair Value

n/a

1Y

-39.1%

7D

-6.4%

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1Y

-39.1%

7D

-6.4%

You can edit this narrative until Mar 22 11:10 PM. Then, changes will post as Updates.

Author's Valuation

€178.4421.9% undervalued

AnalystLowTarget Fair Value

Shared on 21 Mar 26

Fair value Decreased 20%

SAP: Cloud Transition Execution And AI Resilience Will Drive Future Returns

The analyst fair value estimate for SAP has been reset from €222.94 to €178.44 as analysts trim price targets and assume a lower future P/E and revenue growth, while still highlighting resilience to AI disruption and steady margin expectations. Analyst Commentary Recent Street research on SAP shows a cluster of reduced price targets alongside a few more positive rating actions, which together feed into a more restrained view of upside.

47 views

Shared on 21 Dec 25

Fair value Increased 2.66%

SAP Cloud Transition And Legal Overhangs Are Expected To Shape Returns

Analysts have modestly lifted their price target for SAP, raising fair value to approximately $223 from about $217, as they factor in stronger expected revenue growth and higher future earnings multiples despite slightly lower margin assumptions. This view is supported by a series of recent Overweight and Outperform ratings along with upward target revisions.

47 views

Valuator

Company Info

Notes

AnalystLowTarget Fair Value

€178.44

21.9% undervalued

Future estimation in

Revenue

Profit Margin

Future PE

Growth p.a.

%

Decrease

Increase

Forecast revenue growth rate

9.72%

Historical revenue growth rate

6.66%

Software revenue growth rate

1.31%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

6.57%

Calculation

€9.54b

Earnings '29

x

26.52x

PE Ratio '29

=

€252.92b

Market Cap '29

€252.92b

Market Cap '29

/

1.17b

No. shares '29

=

€216.31

Share Price '29

€216.31 Share Price '29

Discounted to 2026 @ 6.63% p.a.

=

€178.40

Fair Value '26