SAP SE Stock Surpasses Analyst Target Price—What’s Next?
Recently, shares of SAP SE (Symbol: SAP) traded above the average analyst target of $262.56, reaching $262.83 each. This milestone prompts analysts to consider their next moves: they may either downgrade the stock due to valuation or adjust their price targets upward. Their decision often hinges on the company’s performance—if business is thriving, an increase in targets could be warranted.
Within the Zacks coverage universe, nine analysts provide their insights on SAP SE contributing to the average target. However, this average is just one perspective. Notably, one analyst has a lower target of $224.00, while another projects a price as high as $302.00. The standard deviation among these targets stands at $30.903.
Examining the average target price helps investors tap into a collective intelligence—understanding various opinions rather than relying on a single analyst. With SAP’s current share price exceeding the average of $262.56, it’s an essential moment for investors to evaluate whether this price is merely a stepping stone to even higher values or an indication that the stock might be overpriced. Below is the latest breakdown from analysts covering SAP SE:
Recent SAP Analyst Ratings Breakdown | ||||
---|---|---|---|---|
» | Current | 1 Month Ago | 2 Months Ago | 3 Months Ago |
Strong buy ratings: | 16 | 15 | 15 | 15 |
Buy ratings: | 1 | 1 | 1 | 1 |
Hold ratings: | 3 | 4 | 4 | 4 |
Sell ratings: | 0 | 0 | 0 | 0 |
Strong sell ratings: | 0 | 0 | 0 | 0 |
Average rating: | 1.33 | 1.42 | 1.42 | 1.42 |
The average rating in the table is calculated on a scale from 1 to 5, where 1 indicates a Strong Buy and 5 indicates a Strong Sell. This analysis utilized data from Zacks Investment Research via Quandl.com.
10 ETFs With Most Upside To Analyst Targets
Also see:
– Funds Holding Hologic
– FOCS Historical Stock Prices
– PXLW Average Annual Return
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.