SAP (SAP)

• Market cap: $341B
• 1 day: -0.12%
• 5 days: 8.16%
• 1 month: 8.85%
• 3 months: 4.59%
• 6 months: 23.11%
• Year to date: 20.18%
• 1 year: 61.24%
• 5 years: 146.49%
• 10 years: 286.04%
• Sector: Technology
• Industry: Software - Application

About: Founded in 1972 by former IBM employees, SAP provides database technology and enterprise resource planning software to enterprises around the world. Across more than 180 countries, the company serves 440,000 customers, approximately 80% of which are small- to medium-size enterprises.

Employees: 107,602

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

109% more first-time investments, than exits

New positions opened: 142 | Existing positions closed: 68

12% more capital invested

Capital invested by funds: $15.7B [Q3] → $17.6B (+$1.86B) [Q4]

7% more funds holding

Funds holding: 784 [Q3] → 842 (+58) [Q4]

6% more repeat investments, than reductions

Existing positions increased: 294 | Existing positions reduced: 277

0.12% more ownership

Funds ownership: 5.61% [Q3] → 5.73% (+0.12%) [Q4]

17% less call options, than puts

Call options by funds: $359M | Put options by funds: $432M

20% less funds holding in top 10

Funds holding in top 10: 15 [Q3] → 12 (-3) [Q4]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $308 5% upside
• Avg. target: $314 7% upside
• High target: $320 10% upside

2 analyst ratings

• positive: 2 100%
• neutral: 0 0%
• negative: 0 0%

Argus Research Joseph Bonner 57% 1-year accuracy 8 / 14 met price target	10% upside $320	Buy Reiterated	29 Apr 2025
Barclays Raimo Lenschow 40% 1-year accuracy 37 / 93 met price target	5% upside $308	Overweight Maintained	24 Apr 2025