Barclays raises target for SAP stock from USD 242 to USD 243

Published on 10/14/2026 at 09:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Barclays raised its target to USD 243 on October 13, 2026. SAP stock costs EUR 197.59, 0.16 percent above the Xetra close of EUR 197.28.

Analyst target and reporting date

Barclays raised its SAP target from USD 242 to USD 243 on October 13, 2026.
SAP reported Q2 2026 revenue of EUR 9.88 billion, up 9.40 percent year over year.
SAP stock trades at EUR 197.59 at 8:58 a.m. CEST at Lang & Schwarz on October 14, 2026, 0.16 percent above the Xetra close of October 13, 2026.

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SAP (DE0007164600) was trading at EUR 197.59 in pre-market trading at Lang & Schwarz on October 14, 2026, at 8:58 a.m. CEST, 0.16 percent above the Xetra close of October 13, 2026, at EUR 197.28. On October 13, 2026, Barclays analyst Raimo Lenschow raised the price target for SAP from USD 242 to USD 243 while retaining an Overweight rating, according to Markets Insider.

How much did the target move?

The increase was USD 1.00, or 0.41 percent, and came in a Barclays preview of SAP's third-quarter results. The small revision puts the emphasis on execution rather than a wholesale change in the investment case. For investors, the next report will test whether cloud momentum can offset the cost of expanding SAP's artificial-intelligence capabilities.

What will SAP report on October 21?

SAP's investor-relations calendar lists third-quarter 2026 results for October 21, 2026, with disclosure scheduled for 10:05 p.m. CEST and the analyst call at 11:00 p.m. CEST, according to SAP. MarketBeat reported consensus estimates of USD 2.04 for earnings per share and USD 11.45 billion for revenue for that quarter, with its report dated October 14, 2026, according to MarketBeat.

The latest completed interim period was the second quarter of 2026. SAP generated EUR 9.88 billion in revenue, up 9.40 percent from the same quarter a year earlier, while diluted earnings per share reached EUR 1.88, according to Simply Wall St. That comparison gives the October 21 release a clear benchmark: investors will be looking for continued growth and evidence that AI-related investment is not eroding profitability.

SAP stock stays below its yearly high

SAP's EUR 197.59 indication is 19.12 percent below the EUR 244.30 52-week high and above the EUR 127.50 low, with the range dated October 13, 2026. The company is listed on Xetra under the ticker SAP and operates in application software, giving the analyst revision and the October 21 reporting date more weight than the small pre-market price difference.

SAP stock was trading at EUR 197.59 at Lang & Schwarz on October 14, 2026, at 8:58 a.m. CEST, 0.16 percent above the Xetra close of October 13, 2026 at EUR 197.28. The further course of trading is shown by the continuously updated real-time quote of SAP stock.