OTC· Services-Prepackaged Software· Inc. 2M· CIK 0001000184

SAP

SAP SE

$206.95 ▼ -1.82%

Prev close $210.79

Market cap$256.1B

ConsensusBuy

12-mo target$251.50 (+21.5%)

▲ Bullish

Analyst conviction 8/10

27 New Institutional Positions23 Institutional Exits Software & IT

Snapshot

The big-picture read on SAP right now — valuation, ownership and activity at a glance.

Market Cap

$256.1B

Cap Size

Mega Cap

Analyst Consensus

Strong Buy (77%)

Inst. Holders

50 funds

Inst. Value

$10.6B

Inst. Activity

27 buys / 23 sells

Social Sentiment

39° Cool

SEC Reports

Congressional

10 trades

Price chart 30d -1.3%

Daily candles (open–high–low–close) with volume. Green = up day, red = down day.

Vol

Recent activity

The latest filings, insider trades, analyst actions, press and options flow — newest first.

Oct 1, 2026 short_volume

Short Volume: SAP — 68.3% short (0.5M / 0.7M)

Short: 479,200 | Exempt: 6,066 | TRF Vol: 702,063 | Short Ratio: 68.3% | Off-exchange volume (dark p

Jun 30, 2026 Inst.

GOLDMAN SACHS GROUP INC — ADD

6,023,085 shares ($928.2M)

Jun 30, 2026 Inst.

MORGAN STANLEY — ADD

5,476,111 shares ($843.9M)

Jun 11, 2026 SEC

Three major institutions (Morgan Stanley, UBS, Causeway) added $184.2M in SAP positions during Q3 2025, while Citadel tr

INST-CLUSTER — Impact 5/10

Apr 20, 2026 Congress

Michael McCaul buy

$1,001 - $15,000 — House

Mar 23, 2026 Congress

Michael McCaul buy

$1,001 - $15,000 — House

Analyst ratings buy % +0.0%

How Wall Street rates the stock today, and the latest firm-by-firm actions.

Buy 77% rate it Buy or better · 39 analysts

Strong Buy 8 21% Buy 22 56% Hold 7 18% Sell 1 3% Strong Sell 1 3%

Recent analyst actions

Date	Firm	Action	Rating	Firm rating
Aug 26, 2026	UBS	DOWNGRADE	Neutral	55%
Jul 27, 2026	Barclays	MAINTAIN	Overweight	54%
Jul 24, 2026	BMO Capital	MAINTAIN	Outperform	53%
Jul 21, 2026	Barclays	MAINTAIN	Overweight	54%
Jul 17, 2026	TD Cowen	MAINTAIN	Buy	56%
Apr 27, 2026	Barclays	MAINTAIN	Overweight	54%
Apr 24, 2026	BMO Capital	MAINTAIN	Outperform	53%
Apr 21, 2026	Barclays	MAINTAIN	Overweight	54%
Apr 13, 2026	BMO Capital	MAINTAIN	Outperform	53%

Monthly consensus history

Period	Str. Buy	Buy	Hold	Sell	Str. Sell	Buy %
Sep 1, 2026	8	22	7	1	1	77%
Aug 1, 2026	8	22	7	1	1	77%
Jul 1, 2026	9	20	8	1	1	74%
Jun 1, 2026	9	20	8	1	1	74%
May 1, 2026	10	20	8	2	1	73%
Apr 1, 2026	9	20	9	2	1	71%
Mar 1, 2026	9	21	9	1	1	73%
Feb 1, 2026	9	21	8	2	1	73%

Price targets

Where 12 covering analysts think SAP trades over the next 12 months.

$251.50 +21.5% upside Strong Buy

Current$206.95 Low$177.00 Median$254.50 High$319.00 12 analysts

$177.00$319.00

Analyst rating Buy· 1.6/5 as of Oct 2, 2026

Social media sentiment mood -33.3%

Retail-investor mood aggregated across social media. 0° = very bearish, 100° = very bullish.

39°

Cool

BearishNeutralBullish

24 mentions 2 bullish 8 bearish 14 neutral

Recent posts

wallstreetbets Bearish 4mo ago

NO QUESTION ABOUT IT! IM READY TO GET HURT BY SaaS AGAIN!

▲ 1 · 💬 0· ⚡ 0.5

wallstreetbets Neutral 5mo ago

$SAP earnings tomorrow 5k YOLO #SaaSisnotdead

▲ 1 · 💬 1· ⚡ 0.5

Reports & filings

AI-scored summaries of recent SEC filings and press releases, with sentiment and impact.

1 SEC filing reports analyzed · 1 bullish, 0 bearish, 0 mixed, 0 neutral · avg impact 5.0/10.

BULLISHINST-CLUSTER5/10

Three major institutions (Morgan Stanley, UBS, Causeway) added $184.2M in SAP positions during Q3 20

Jun 11, 2026

Upcoming & catalyst events

Scheduled dates plus disclosed catalysts — earnings, dividends, enforcement, FDA and clinical-trial events. Colored dot = impact.

Oct 1, 2026

short_volume

Short Volume: SAP — 68.3% short (0.5M / 0.7M)

Short: 479,200 | Exempt: 6,066 | TRF Vol: 702,063 | Short Ratio: 68.3% | Off-exchange volume (dark pool + OTC)

Sep 30, 2026

short_volume

Short Volume: SAP — 62.8% short (0.8M / 1.3M)

Short: 793,766 | Exempt: 3,433 | TRF Vol: 1,264,134 | Short Ratio: 62.8% | Off-exchange volume (dark pool + OTC)

Sep 29, 2026

short_volume

Short Volume: SAP — 62.6% short (0.7M / 1.1M)

Short: 711,977 | Exempt: 470 | TRF Vol: 1,136,636 | Short Ratio: 62.6% | Off-exchange volume (dark pool + OTC)

Sep 28, 2026

short_volume

Short Volume: SAP — 64.3% short (0.4M / 0.6M)

Short: 417,053 | Exempt: 14 | TRF Vol: 648,945 | Short Ratio: 64.3% | Off-exchange volume (dark pool + OTC)

Sep 23, 2026

short_volume

Short Volume: SAP — 69.9% short (0.5M / 0.6M)

Short: 452,735 | Exempt: 691 | TRF Vol: 647,656 | Short Ratio: 69.9% | Off-exchange volume (dark pool + OTC)

Earnings estimates

Forecast earnings per share and revenue by period — and whether estimates are rising.

Period	EPS Est.	Range	Growth	30d Rev	Up/Dn	Revenue	#
Current Q	$2.09	$1.93–$2.41	13.0%	+0.2%	1↑ 0↓	$10.1B	6
Next Q	$2.39	$2.24–$2.63	23.8%	+1.2%	1↑ 0↓	$10.7B	6
Current FY	$8.24	$7.89–$8.90	12.3%	+0.6%	3↑ 0↓	$40.3B	10
Next FY	$9.69	$9.20–$10.54	17.6%	+0.6%	3↑ 0↓	$45.0B	10

Current-quarter EPS estimate — revision history

When	EPS estimate	Change vs now
Current	$2.086	—
7d ago	$2.090	-0.003
30d ago	$2.081	+0.005
60d ago	$2.081	+0.005
90d ago	$2.056	+0.030

Institutional ownership

Which big funds own SAP (from quarterly 13F filings) and who is adding or trimming.

50 institutional holders with $10.6B total value (68,674,956 shares) as of 2026-Q2. Top holders: Fisher, EAGLE, GOLDMAN. Net buying activity: 27 institutions added/increased vs 23 reduced.

Top holders — 2026-Q2

Fund	Shares	Value	% Tracked	Last move
Fisher Asset Management, LLC	14,931,460	$2.3B	21.7%	—
EAGLE CAPITAL MANAGEMENT LLC	8,640,615	$1.3B	12.6%	—
GOLDMAN SACHS GROUP INC	6,023,085	$928.2M	8.8%	ADD +82.5%
Capital International Investors	5,681,413	$876.6M	8.3%	—
MORGAN STANLEY	5,476,111	$843.9M	8.0%	ADD +51.4%
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC	2,508,905	$386.6M	3.6%	DOUBLED +878.1%
BANK OF AMERICA CORP /DE/	2,391,150	$368.5M	3.5%	—
FMR LLC	1,991,923	$307.0M	2.9%	TRIM -69.7%
D. E. Shaw & Co., Inc.	1,450,152	$223.5M	2.1%	TRIM -65.9%
BlackRock, Inc.	1,249,520	$192.6M	1.8%	—

Recent position changes

Fund	Action	Prev	Current	Change	Value
GOLDMAN SACHS GROUP INC	ADD	3,300,374	6,023,085	+82.5%	$928.2M
MORGAN STANLEY	ADD	3,616,017	5,476,111	+51.4%	$843.9M
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC	DOUBLED	256,495	2,508,905	+878.1%	$386.6M
FMR LLC	TRIM	6,581,080	1,991,923	-69.7%	$307.0M
D. E. Shaw & Co., Inc.	TRIM	4,256,672	1,450,152	-65.9%	$223.5M
BROWN ADVISORY INC	ADD	427,152	715,364	+67.5%	$110.2M
UBS Group AG	TRIM	1,378,513	680,559	-50.6%	$104.9M
Holocene Advisors, LP	NEW	—	638,000	—	$98.3M
CAUSEWAY CAPITAL MANAGEMENT LLC	ADD	456,005	629,801	+38.1%	$97.1M
BRANDES INVESTMENT PARTNERS, LP	ADD	465,756	614,006	+31.8%	$94.6M

Congressional trades

SAP trades disclosed by members of Congress, with disclosure delay.

1 members · 10 buys / 0 sells

Date	Member	Party	Chamber	Type	Amount	Asset	Disclosed
Apr 20, 2026	Michael McCaul	R	HOUSE	BUY	$1,001 - $15,000	SAP SE	May 11, 2026(22d)
Mar 23, 2026	Michael McCaul	R	HOUSE	BUY	$1,001 - $15,000	SAP SE	Apr 10, 2026(19d)
Mar 19, 2026	Michael McCaul	R	HOUSE	BUY	$1,001 - $15,000	SAP SE	Apr 10, 2026(23d)
Mar 6, 2026	Michael McCaul	R	HOUSE	BUY	$1,001 - $15,000	SAP SE	Apr 10, 2026(36d)
Feb 13, 2026	Michael McCaul	R	HOUSE	BUY	$1,001 - $15,000	SAP SE	Mar 12, 2026(28d)
Feb 10, 2026	Michael McCaul	R	HOUSE	BUY	$1,001 - $15,000	SAP SE	Mar 12, 2026(31d)
Feb 5, 2026	Michael McCaul	R	HOUSE	BUY	$1,001 - $15,000	SAP SE	Mar 12, 2026(36d)
Feb 3, 2026	Michael McCaul	R	HOUSE	BUY	$15,001 - $50,000	SAP SE	Mar 12, 2026(38d)
Jan 30, 2026	Michael McCaul	R	HOUSE	BUY	$1,001 - $15,000	SAP SE	Feb 12, 2026(14d)
Jan 13, 2026	Michael McCaul	R	HOUSE	BUY	$1,001 - $15,000	SAP SE	Feb 12, 2026(31d)

Short interest & halts

FINRA semi-monthly short positions, Reg SHO threshold status, and recent trading halts for SAP.

Shares short

5,042,705

Settlement Sep 15, 2026

Change vs prior

+0.3%

Semi-monthly cycle

Days to cover

2.3

At avg daily volume

Of shares outstanding

≈0.4%

Estimate — not % of float

All SAP filing & press-release reports (1)

INST-CLUSTER reportJun 11, 2026