SAP - INDIVIDUAL ESTIMATES
Non-IFRS1) cloud revenue | Non-IFRS1) cloud revenue growth rate (%) | Softwarelicenses | Softwaresupport | Cloud &software | Totalrevenue | Operatingprofit | Operatingmargin | Profit after tax | EPS | Exchangerateassumption | |||||||||
Non-IFRS | Non-IFRS | Non-IFRS | Non-IFRS | Non-IFRS | IFRS | Non-IFRS | Non-IFRS | IFRS | Non-IFRS | IFRS | Non-IFRS | ||||||||
Institution | Analyst | Last update | Pricetarget | Rating | in EUR m | growth rate in % | in EUR m | in EUR m | in EUR m | growth rate in % | in EUR m | in EUR m | in EUR m | in % | in EUR m | in EUR m | in EUR | in EUR | USD/EUR |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
AB Bernstein | MarkMoerdler | 2022-11-08 | 143.00 | Outperform | 3,551 | 36.0 | 1,166 | 3,086 | 7,803 | 11.6 | 8,983 | 1,912 | 2,719 | 30.3 | 841 | 1,618 | 0.72 | 1.39 | - |
Baader Helvea | KnutWoller | 2022-10-26 | 115.00 | Buy | 3,525 | 35.0 | 948 | 3,059 | 7,533 | 7.8 | 8,702 | 1,820 | 2,720 | 31.3 | 1,034 | 1,663 | 0.89 | 1.42 | - |
Anonymous | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Barclays | JamesGoodman | 2023-01-18 | 130.00 | Overweight | 3,530 | 35.2 | 994 | 3,008 | 7,531 | 7.7 | 8,681 | 1,610 | 2,512 | 28.9 | 857 | 1,609 | 0.73 | 1.37 | 1.02 |
Berenberg Capital Markets | Nay SoeNaing | 2022-10-26 | 110.00 | Buy | 3,512 | 34.5 | 904 | 3,022 | 7,438 | 6.4 | 8,548 | 1,506 | 2,431 | 28.4 | 929 | 1,440 | 0.79 | 1.23 | - |
Bryan, Garnier & Co | GrégoryRamirez | 2023-01-09 | 134.00 | Buy | 3,429 | 31.3 | 891 | 2,989 | 7,309 | 4.6 | 8,437 | 1,694 | 2,593 | 30.7 | 840 | 834 | 0.69 | 0.87 | 1.02 |
Anonymous | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Credit Suisse | TobyOgg | 2022-10-25 | 120.00 | Outperform | 3,500 | 34.1 | 966 | 3,013 | 7,480 | 7.0 | 8,635 | 1,754 | 2,590 | 30.0 | 898 | 1,699 | 0.77 | 1.45 | - |
Deutsche Bank | JohannesSchaller | 2023-01-13 | 120.00 | Buy | 3,304 | 26.6 | 833 | 2,981 | 7,118 | 1.9 | 8,079 | 1,512 | 2,433 | 30.1 | 715 | 1,596 | 0.61 | 1.35 | - |
Exane BNP Paribas | StefanSlowinski | 2023-01-16 | 115.00 | Neutral | 3,457 | 32.4 | 991 | 3,008 | 7,456 | 6.7 | 8,546 | 1,677 | 2,531 | 29.6 | 702 | 1,437 | 0.60 | 1.23 | - |
Goldman Sachs | MohammedMoawalla | 2022-10-25 | 121.00 | Buy | 3,621 | 38.7 | 933 | 3,045 | 7,599 | 8.7 | 8,676 | 1,660 | 2,545 | 29.3 | 783 | 1,516 | 0.67 | 1.29 | 0.99 |
HSBC | AntoninBaudry | 2023-01-11 | 135.00 | Buy | 3,486 | 33.5 | 921 | 3,047 | 7,453 | 6.6 | 8,594 | 1,726 | 2,611 | 30.4 | 683 | 1,485 | 0.58 | 1.26 | - |
Anonymous | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
JMP Securities | Patrick D.Walravens | 2022-10-26 | - | Outperform | 3,500 | 34.0 | 948 | 3,012 | 7,460 | 6.7 | 8,579 | - | 2,748 | 32.0 | - | - | - | 1.55 | - |
Kepler Cheuvreux | LaurentDaure | 2023-01-24 | 106.00 | Hold | 3,490 | 33.6 | 919 | 3,005 | 7,413 | 6.1 | 8,527 | 1,687 | 2,587 | 30.3 | 941 | 1,571 | 0.80 | 1.34 | - |
Morgan Stanley | AdamWood | 2023-01-10 | 123.00 | Overweight | 3,414 | 30.8 | 904 | 2,921 | 7,239 | 3.6 | 8,329 | 1,645 | 2,540 | 30.5 | 865 | 1,600 | 0.73 | 1.36 | - |
Oppenheimer & Co. | BrianSchwartz | 2022-10-25 | 25.00 | Marketperform | 3,290 | 26.0 | 802 | 3,066 | 7,158 | 2.4 | 8,129 | 1,515 | 2,517 | 31.0 | 728 | 1,598 | 0.62 | 1.37 | - |
Société Générale | RichardNguyen | 2023-01-04 | 121.00 | Buy | 3,433 | 31.5 | 991 | 2,993 | 7,417 | 6.1 | 8,508 | 1,767 | 2,597 | 30.5 | 865 | 1,667 | - | 1.41 | - |
Stifel | ChandramouliSriraman | 2023-01-18 | 135.00 | Buy | 3,378 | 29.4 | 965 | 3,001 | 7,344 | 5.1 | 8,426 | 1,681 | 2,542 | 30.2 | 632 | 1,436 | 0.54 | 1.22 | 1.02 |
Anonymous | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
# of estimates | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 19 | 20 | 20 | 19 | 19 | 18 | 20 | 6 | ||||
Lowest | 3,290 | 26.0 | 802 | 2,921 | 7,118 | 1.9 | 8,079 | 1,506 | 2,431 | 28.4 | 579 | 834 | 0.49 | 0.87 | 0.99 | ||||
Highest | 3,621 | 38.7 | 1,166 | 3,086 | 7,803 | 11.6 | 8,983 | 1,912 | 2,748 | 32.0 | 1,179 | 1,710 | 1.01 | 1.55 | 1.02 | ||||
Median | 3,463 | 32.7 | 928 | 3,008 | 7,427 | 6.3 | 8,536 | 1,694 | 2,579 | 30.4 | 845 | 1,598 | 0.72 | 1.36 | 1.02 | ||||
Please click the link below to download the Excel file: SAP Download.xls | |||||||||||||||||||
Last update on 24/01/2023 The earnings estimates of the following institutions were included in the above figures: AB Bernstein, Baader Helvea, Bank of America, Barclays, Berenberg Capital Markets, Bryan, Garnier & Co, Citigroup, Credit Suisse, Deutsche Bank, Exane BNP Paribas, Goldman Sachs, HSBC, Jefferies, JMP Securities, Kepler Cheuvreux, Morgan Stanley, Oppenheimer & Co., Société Générale, Stifel, UBS. | |||||||||||||||||||
Disclaimer This document has been issued by Vara Research GmbH for information purposes only and is not intended to constitute investment advice. It is based on estimates and forecasts of various analysts regarding revenues, earnings and business developments of the relevant company. The company did not participate in the compilation of the estimates and it does not endorse them. Such estimates and forecasts cannot be independently verified by reason of the subjective character. Vara Research GmbH gives no guarantee, representation or warranty and is not responsible or liable as to its accuracy and completeness. |
file data build at 2023-01-24 15:40:32