Barclays analyst Raimo Lenschow maintains $SAP SE (SAP.US)$ with a buy rating, and maintains the target price at $275.
According to TipRanks data, the analyst has a success rate of 49.1% and a total average return of 0.8% over the past year.
Furthermore, according to the comprehensive report, the opinions of $SAP SE (SAP.US)$'s main analysts recently are as follows:
Following a 'strong' Q3 performance, it is perceived that even the upgraded guidance may be understated, particularly regarding cloud, software, and EBIT metrics. With the business exceeding expectations, notably in terms of costs, and with the goals for 2025 seeming increasingly modest, there is potential for continued positive momentum in estimates.
The company reported a consistent current cloud backlog, excluding certain acquisitions, and its free cash flow significantly exceeded consensus expectations. Additionally, the implied guidance for Q4 free cash flow appears to be very conservative. There remains optimism about the company's longer-term story of transitioning to the cloud.
Note:
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