On May 20, 2025, Wells Fargo initiated coverage on SAP (SAP, Financial) with a rating of "Overweight". The coverage was led by analyst Michael Turrin. This is a significant development for SAP (SAP) as it marks the bank's entry into analyzing the company's stock potential.
The "Overweight" rating suggests that Wells Fargo expects SAP (SAP, Financial) to outperform the average return of other stocks in the market. Despite initiating coverage, Wells Fargo did not provide a specific price target for SAP (SAP) at this time.
This new coverage by Wells Fargo indicates a positive outlook on SAP's (SAP, Financial) performance in the coming months. Investors might consider this rating as a bullish sign, although it's important to note that no prior rating was assigned by Wells Fargo before this announcement.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 10 analysts, the average target price for SAP SE (SAP, Financial) is $322.71 with a high estimate of $359.59 and a low estimate of $286.74. The average target implies an upside of 8.03% from the current price of $298.74. More detailed estimate data can be found on the SAP SE (SAP) Forecast page.
Based on the consensus recommendation from 28 brokerage firms, SAP SE's (SAP, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for SAP SE (SAP, Financial) in one year is $196.76, suggesting a downside of 34.14% from the current price of $298.74. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the SAP SE (SAP) Summary page.
