SAP, DE0007164600

SAP opens the week with a quiet period, shares trade lower than consensus targets

23.06.2026 - 20:45:02 | ad-hoc-news.de

SAP enters its pre-earnings quiet period ahead of the second-quarter results, while the DAX constituent’s shares continue to trade markedly below the average analyst price target.

SAP, DE0007164600
SAP, DE0007164600

By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-23, 20:41.

SAP (DE0007164600) begins its formal quiet period ahead of the second-quarter and half-year 2026 earnings, as reported by finanzen.at. The DAX-listed software group’s shares on Xetra trade in the mid-130-euro range today, noticeably below the average analyst price target. Finanzen.at notes the start of the quiet period

What analysts currently price in

According to wallstreet-online, 66 analysts cover the SAP stock, with an average price target of around 247.42 euros, implying more than 80 percent upside versus a current level near 134.78 euros. Wallstreet-online aggregates the consensus targets The lowest target sits at 92 euros, while the highest reaches 320 euros, highlighting a wide dispersion of expectations for the DAX heavyweight.

How the shares trade on Xetra

Realtime indications from finanzen.net show SAP shares trading around 133.50 euros on Xetra, up roughly 2 percent compared with a previous close at 130.68 euros. Finanzen.net provides the intraday Xetra price data The quote at 09:14 local time reflects a modest rebound after a weak year-to-date performance, yet the stock remains far below its 52-week high as noted by wallstreet-online.

Go deeper

All news and data on the SAP shares

Further ad-hoc releases, price data and background reports on SAP can be found in the dedicated topic section and on the company’s investor relations page.

The business behind the stock

SAP generates most of its revenue with enterprise application software and cloud-based business solutions, including the flagship SAP S/4HANA suite for ERP and SAP Business Technology Platform for data and integration. SAP’s product pages describe the S/4HANA offering Customers range from large global corporations to mid-sized firms across manufacturing, services, and public sector segments.

Where the SAP shares trade today

The SAP shares (DE0007164600) trade on Xetra around 133.50 euros as of 2026-06-23, 09:14 local time, according to finanzen.net. The finanzen.net quote page provides the latest Xetra price

Key data on the SAP shares

  • Company: SAP SE
  • ISIN: DE0007164600
  • WKN: 716460
  • Ticker: SAP
  • Trading venue: Xetra
  • Price (as of 2026-06-23, 09:14): 133.50 EUR
  • Market cap: approximately 165 billion EUR (as of 2026-06-23)
  • Sector / industry: Software / Application software
  • Index membership: DAX, EURO STOXX 50, STOXX Europe 50, TecDAX, STOXX Europe 600
  • Next earnings date: not officially scheduled

More on the SAP shares in social media

Disclaimer: This text is for informational purposes only and does not constitute investment advice, a recommendation to buy or sell securities, or any other form of financial guidance.

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