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Major Institution Ratings | Goldman Sachs: Maintains SAP "Buy" Rating with Target Price of 230 Euros

Major Institution Ratings | Goldman Sachs: Maintains SAP "Buy" Rating with Target Price of 230 Euros

格隆汇格隆汇2026/05/14 01:41
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Glonghui, May 14th|German software giant SAP recently unveiled an ambitious artificial intelligence development roadmap at its annual Sapphire conference. SAP CEO Christian Klein positioned SAP’s Business AI platform as the core foundation for autonomous enterprise workflows. The platform is reportedly based on SAP’s Business Data Cloud, combined with an extended knowledge graph and latest collaborations with partners such as Anthropic, Amazon Athena, NVIDIA, Microsoft, and Google Cloud. Goldman Sachs maintained its “Buy” rating on SAP with a target price of 230 euros, corresponding to a target price of 271 US dollars for its American Depositary Receipts. The bank noted that while the share price may face short-term pressure, the long-term investment thesis around SAP’s data moat and migration cycle remains solid.
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