At present, investors at SAP are waiting anxiously for the quarterly figures at the end of January.
SAP SE, headquartered in Walldorf, Baden-Württemberg, Germany, is a publicly traded software company. In terms of revenue, SAP is the largest European and the world’s third-largest listed software company.
SAP will publish its fourth-quarter figures on January 27. It is possible that key data will be published earlier. The analysts at Baader expect sales of 7.81 billion euros (previous year: 7.54 billion euros). The market considers 7.71 billion euros to be feasible. According to analysts‘ expectations, EBIT is expected to fall from 2.772 billion euros to 2.528 billion euros. They see earnings per share at 1.53 euros (previous year: 1.70 euros). These figures would enable SAP to meet its annual targets for 2021. Here, analysts expect sales of 27.673 billion euros and earnings per share of 6.41 euros. The consensus stands at 27.573 billion euros, or 6.34 euros per share. The analysts‘ estimate for 2022 for sales is 29.175 billion euros and for earnings per share 5.60 euros. The experts renew their buy recommendation for SAP shares. As before, the target price is 142.00 euros. The experts at Barclays continue to rate the shares of SAP as „overweight“. They raised their price target for the DAX stock from 142.00 euros to 144.00 euros. The experts expect the Walldorf-based company’s cloud business to continue to grow.
On Tuesday, SAP shares exited trading at 121.70 euros, up 0.80 percent.
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