SAP (NYSE:SAP) Rating Lowered to “Market Perform” at Citizens Jmp

SAP (NYSE:SAP) was downgraded by research analysts at Citizens Jmp from an “outperform” rating to a “market perform” rating in a note issued to investors on Friday, MarketBeat Ratings reports.

Several other research analysts have also recently issued reports on the stock. Citigroup cut shares of SAP from a “buy” rating to a “market perform” rating in a report on Friday. Arete Research upgraded SAP to a “strong-buy” rating in a research note on Thursday, December 11th. JMP Securities reaffirmed a “market outperform” rating and issued a $375.00 price objective on shares of SAP in a report on Thursday, October 23rd. Weiss Ratings reissued a “buy (b-)” rating on shares of SAP in a report on Wednesday. Finally, Morgan Stanley reissued an “overweight” rating on shares of SAP in a research note on Friday, October 31st. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, SAP has an average rating of “Moderate Buy” and a consensus price target of $340.75.

SAP Stock Down 15.3%

SAP stock opened at $200.07 on Friday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.11 and a quick ratio of 1.10. SAP has a 1-year low of $195.12 and a 1-year high of $313.28. The stock has a market cap of $290.06 billion, a PE ratio of 29.95, a P/E/G ratio of 2.81 and a beta of 1.18. The stock’s fifty day moving average is $240.14 and its two-hundred day moving average is $260.93.

Institutional Trading of SAP

A number of large investors have recently made changes to their positions in SAP. First PREMIER Bank acquired a new position in SAP in the 3rd quarter valued at about $25,000. Retirement Wealth Solutions LLC grew its holdings in shares of SAP by 246.4% during the third quarter. Retirement Wealth Solutions LLC now owns 97 shares of the software maker’s stock worth $26,000 after buying an additional 69 shares in the last quarter. Sound Income Strategies LLC raised its position in shares of SAP by 109.4% in the fourth quarter. Sound Income Strategies LLC now owns 111 shares of the software maker’s stock valued at $26,000 after buying an additional 58 shares during the last quarter. Abich Financial Wealth Management LLC purchased a new position in shares of SAP during the third quarter valued at approximately $27,000. Finally, Copia Wealth Management acquired a new stake in SAP during the third quarter worth approximately $28,000.

Trending Headlines about SAP

Here are the key news stories impacting SAP this week:

• Positive Sentiment: SAP reported robust cloud growth, with cloud revenue and backlog up materially year-over-year, underpinning management’s view of accelerating sales into next year. SAP Quarterly Statement Q4 2025
• Positive Sentiment: The company beat EPS and reported higher-than-expected quarterly revenue, showing profitability resilience (non-IFRS EPS and operating profit improvements). MarketBeat: SAP earnings summary
• Positive Sentiment: SAP announced a new €10 billion, two?year share repurchase program — a shareholder-friendly action that supports EPS and can prop the share price over time. SAP Quarterly Statement Q4 2025
• Neutral Sentiment: SAP met FY2025 revenue forecasts and reiterated that cloud demand remains resilient, suggesting enterprise spend has not collapsed despite macro uncertainty. Reuters: SAP meets Q4 revenue forecasts
• Neutral Sentiment: Company materials and the earnings/press-call transcripts provide detail on backlog and bookings trends — useful for assessing how much the miss was a timing vs. structural issue. Seeking Alpha: Q4 presentation
• Negative Sentiment: Investors reacted strongly to a weaker-than-expected growth in the cloud contract backlog and cautious 2026 cloud outlook — this triggered the biggest one-day share drop since 2020 and amplified fears about AI-driven competition. Proactive Investors: cloud backlog disappointment
• Negative Sentiment: Market commentary tied the miss to broader AI disruption worries (ServiceNow/Microsoft moves raised competitive concerns), pressuring software peers and SAP’s valuation. Reuters: AI disruption fears
• Negative Sentiment: Sustained selling pushed SAP to multi?month lows and cost it the title of Germany’s most valuable company after market cap decline headlines — negative headlines can prolong volatility. Seeking Alpha: Siemens overtakes SAP
• Negative Sentiment: Operational/management noise — including reports of dismissed executives over alleged trade-secret issues — adds governance risk at a sensitive time. Heise: Executives dismissed

About SAP

SAP SE is a global enterprise software company headquartered in Walldorf, Germany. Founded in 1972 by five former IBM engineers, the company’s name is an acronym for Systeme, Anwendungen und Produkte in der Datenverarbeitung (Systems, Applications & Products in Data Processing). SAP develops and sells software and services that help organizations manage business processes across finance, human resources, procurement, manufacturing, supply chain and customer relationships.

SAP’s product portfolio spans on?premises and cloud offerings, anchored by its enterprise resource planning (ERP) solutions such as SAP S/4HANA and the SAP HANA in?memory database and platform.