5 Best German Stocks to Buy According to Analysts

3. SAP SE (NYSE:SAP)

SAP SE (NYSE:SAP) is among the best German stocks to buy according to analysts. On February 24, Bloomberg Law reported that German software company SAP SE (NYSE:SAP) had reached a settlement with Teradata over a long-running dispute. According to the report, the dispute arose in 2018 and hinged on trade secret and antitrust claims against SAP by Teradata. SAP reached a $480 million settlement with Teradata over the matter, averting a court trial that the report said was due to begin shortly.

In other news, SAP announced on February 19 that it planned to distribute €2.92 billion in dividends to shareholders based on its 2025 earnings. The dividend works out to €2.50 per share and represents a payout ratio of 40.7%. Notably, the per share dividend amount represents a 6.4% boost over the dividend the company distributed on its 2024 earnings. Another notable thing is that the payout ratio for 2024 was 52%. SAP plays to pay the dividend on May 8 to shareholders of record as of May 5.

SAP’s dividend boost for 2025 comes after the company reported an 8% jump in total revenue and a 111% rise in IFRS operating profit in the year. The results were supported by substantial growth in cloud revenue. SAP wrapped up the year with €3.4 billion in net liquidity, an increase from €1.7 billion in 2024.

SAP SE (NYSE:SAP) engages in software business, and it’s well-known for its enterprise resource planning software solution. Founded in 1972 and based in Walldorf, Germany, SAP is Germany’s largest enterprise software vendor.