SAP (SAP) to Announce Earnings on Thursday

SAP (NYSE:SAP) will likely be announcing its Q2 2026 results after the market closes on Thursday, July 23rd. Analysts expect SAP to announce earnings of $2.00 per share and revenue of $11.3836 billion for the quarter. Parties may review the information on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, July 23, 2026 at 5:00 PM ET.

SAP (NYSE:SAP) last posted its earnings results on Friday, February 27th. The software maker reported $1.99 earnings per share for the quarter. The company had revenue of $11.06 billion during the quarter. SAP had a net margin of 20.08% and a return on equity of 17.31%. On average, analysts expect SAP to post $8 EPS for the current fiscal year and $10 EPS for the next fiscal year.

SAP Stock Up 0.8%

Shares of SAP stock opened at $156.00 on Thursday. The stock has a market cap of $191.65 billion, a P/E ratio of 21.08, a PEG ratio of 1.77 and a beta of 1.14. SAP has a 52 week low of $148.06 and a 52 week high of $309.73. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.11. The company’s fifty day simple moving average is $167.41 and its two-hundred day simple moving average is $188.34.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. TD Cowen reaffirmed a “buy” rating on shares of SAP in a report on Thursday, May 14th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of SAP in a research note on Tuesday, March 24th. HSBC upgraded SAP from a “hold” rating to a “buy” rating in a report on Wednesday, April 22nd. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $265.00 price objective on shares of SAP in a research note on Wednesday, June 10th. Finally, Piper Sandler downgraded SAP from an “overweight” rating to a “neutral” rating in a research report on Tuesday, April 14th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $283.40.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Brighton Jones LLC lifted its stake in shares of SAP by 91.1% during the 4th quarter. Brighton Jones LLC now owns 2,633 shares of the software maker’s stock worth $648,000 after acquiring an additional 1,255 shares during the last quarter. Sivia Capital Partners LLC increased its stake in SAP by 2.3% in the second quarter. Sivia Capital Partners LLC now owns 3,050 shares of the software maker’s stock worth $928,000 after purchasing an additional 69 shares during the period. Atlas Capital Advisors Inc. purchased a new stake in SAP in the fourth quarter worth $112,000. Parkside Financial Bank & Trust lifted its position in shares of SAP by 13.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 582 shares of the software maker’s stock worth $141,000 after purchasing an additional 70 shares during the last quarter. Finally, Laurel Oak Wealth Management LLC bought a new stake in shares of SAP during the fourth quarter worth $217,000.

About SAP

SAP SE is a global enterprise software company headquartered in Walldorf, Germany. Founded in 1972 by five former IBM engineers, the company’s name is an acronym for Systeme, Anwendungen und Produkte in der Datenverarbeitung (Systems, Applications & Products in Data Processing). SAP develops and sells software and services that help organizations manage business processes across finance, human resources, procurement, manufacturing, supply chain and customer relationships.

SAP’s product portfolio spans on‑premises and cloud offerings, anchored by its enterprise resource planning (ERP) solutions such as SAP S/4HANA and the SAP HANA in‑memory database and platform.