BMO Capital Raises SAP SE (SAP) PT to $330

On May 23, BMO Capital Markets upped the price objective on SAP SE (NYSE:SAP)’s stock to $330 from $320 and kept an “Outperform” rating.

The firm has expressed optimism about the customer and partner interest in BDC (Business Data Cloud). Furthermore, the management has reiterated views on longer-term revenue growth potential, which can reach mid-teens.

BMO Capital Raises SAP (SAP) PT to $330 from $320

A data centre room with cloud technology, illustrating the enterprise application software services.

On February 13, SAP SE (NYSE:SAP) announced SAP Business Data Cloud, a solution unifying SAP and third-party data throughout an organization. It offers a trusted data foundation that organizations require to make more impactful decisions and foster reliable AI.

For FY 2025, SAP SE (NYSE:SAP) currently expects €21.6 billion – €21.9 billion of cloud revenue at constant currencies, reflecting a rise of 26% – 28%. It expects €33.1 – €33.6 billion of cloud and software revenue at constant currencies, implying 11% – 13% growth.

SAP SE (NYSE:SAP)’s Q1 2025 demonstrates a strong start to the year amidst a highly volatile environment, with healthy total revenue growth and operating profit expansion. The company’s total revenue (IFRS) rose 12% to €9,013 million. These results exhibit its cost discipline and focused execution.

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Disclosure: None.