SAP SE $SAP reported a solid third quarter for 2026, with revenue rising $11.6 billion, up 9.2% year over year. Gross profit came in at $8.5 billion, while operating profit climbed 13.7% to $3.3 billion, showing continued strength in the core business.
Net income attributable to common shareholders increased to $2.5 billion, and diluted earnings per share improved to $2.20, up 28.7% from a year earlier. Cost of sales also increased to $3.1 billion, reflecting higher activity alongside the top-line growth.
Cash and cash equivalents finished the quarter at $10.6 billion, while total liabilities rose to $33.8 billion. The company also reported $2.1 billion in cash from operating activities. Shares moved higher after the release, with the stock up 6.1% since the market close.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
SAP SE Hedge Fund Activity
We have seen 453 institutional investors add shares of SAP SE stock to their portfolio, and 377 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC removed 4,589,157 shares (-69.7%) from their portfolio in Q2 2026, for an estimated $707,234,985
- GOLDMAN SACHS GROUP INC added 2,722,711 shares (+82.5%) to their portfolio in Q2 2026, for an estimated $419,596,992
- HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC added 2,252,410 shares (+878.1%) to their portfolio in Q2 2026, for an estimated $347,118,905
- MORGAN STANLEY added 1,860,094 shares (+51.4%) to their portfolio in Q2 2026, for an estimated $286,659,086
- WINDACRE PARTNERSHIP LLC added 1,637,175 shares (+59.3%) to their portfolio in Q2 2026, for an estimated $252,305,039
- QUADRATURE CAPITAL LTD removed 994,344 shares (-86.7%) from their portfolio in Q2 2026, for an estimated $153,238,353
- D. E. SHAW & CO., INC. removed 850,926 shares (-37.0%) from their portfolio in Q2 2026, for an estimated $131,136,205
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
SAP SE Government Contracts
We have seen $51,423,227 of award payments to $SAP over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
- SAP MAXSECURE SUPPORT SERVICES: $5,993,250
- E-GOVERNMENT TRAVEL SERVICES: $3,294,273
- IGF::OT::IGF - E-GOVERNMENT TRAVEL AND SUPPORT SERVICES UNDER THE ETS2 MASTER CONTRACT (GS-33F-Y0026) FOR D...: $1,868,840
- IGF::CT::IGF - TRAVEL MANAGEMENT SERVICES: $1,718,579
- CONCURGOV TRAVEL SYSTEM SUPPORT ETS2 TASK ORDER: $1,513,382
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.
SAP SE Price Targets
Multiple analysts have issued price targets for $SAP recently. We have seen 2 analysts offer price targets for $SAP in the last 6 months, with a median target of $153.5.
Here are some recent targets:
- Irene Nattel from RBC Capital set a target price of $50.0 on 06/05/2026
- Raimo Lenschow from Barclays set a target price of $257.0 on 04/27/2026
