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SAP SE (NYSE:SAP) is listed among the 10 Best European Stocks to Buy According to Analysts.

On April 20, Barclays PLC lowered the firm’s price target on SAP SE (NYSE:SAP) to $256 from $283 while maintaining an Overweight rating. The adjustment came as part of a first-quarter software earnings preview. Barclays noted that the first quarter is seasonally the smallest period and that macroeconomic conditions were not especially supportive, while expecting more meaningful fundamental improvement later in the year.

On April 15, TD Cowen analyst Derrick Wood lowered the price target on SAP SE (NYSE:SAP) to $250 from $300 while reiterating a Buy rating. The firm cited mixed channel checks, with enterprise demand remaining solid but commercial trends softening sequentially amid emerging macro uncertainties, particularly in energy-related verticals and the Middle East. The analyst also pointed to possible pricing changes that could create short-term disruption.

SAP SE (NYSE:SAP) is a German multinational software corporation specializing in enterprise application software, particularly Enterprise Resource Planning systems. The company is headquartered in Walldorf and was founded in 1972.

SAP SE (NYSE:SAP) is among the best European stocks to buy according to analysts because, despite cautious near-term commentary, analysts continue to maintain positive ratings. Temporary macro softness does not diminish the company’s entrenched customer relationships, mission-critical software suite, and ongoing cloud transformation. As enterprise IT spending normalizes and recurring cloud revenue expands, SAP could benefit from improving margins and more durable long-term growth.

While we acknowledge the potential of SAP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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