In a report released today, Chandramouli Sriraman from Stifel Nicolaus maintained a Buy rating on SAP SE (0NW4 – Research Report), with a price target of €300.00.
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Chandramouli Sriraman’s rating is based on SAP SE’s strong cloud revenue growth and the robust performance of its Cloud ERP Suite, which has shown significant resilience. This momentum in cloud operations, especially the growth in the Current Cloud Backlog and Total Cloud Backlog, underscores the company’s ability to sustain its cloud business with fewer new deals needed due to the increasing duration of existing contracts.
Moreover, the anticipated earnings per share (EPS) growth, driven by top-line acceleration and cost discipline, further strengthens the buy recommendation. SAP’s projected free cash flow of over €30 billion in the next three years also provides opportunities for shareholder returns through buybacks, dividends, and strategic acquisitions. This positive outlook led to an increased price target, making the stock an attractive option for investors.
In another report released on February 4, Baader Bank also maintained a Buy rating on the stock with a €275.00 price target.
Based on the recent corporate insider activity of 44 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of 0NW4 in relation to earlier this year.