SAP SE operates as an enterprise application software company worldwide. The company operates through four segments: Applications, Technology & Support; Concur; Qualtrics; and Services. It offers SAP S/4HANA, an enterprise resource planning suite for intelligent technologies; SAP Integrated Business Planning for Supply Chain, a cloud-based solution that delivers real-time supply chain planning capabilities; SAP Intelligent Asset Management, a solution that helps to define, plan, and monitor service and maintenance strategy; SAP SuccessFactors Human Experience Management Suite, a cloud software that helps to develop, manage, and engage people; SAP Ariba, a digital business-to-business marketplace; SAP Concur, a travel and expense management software; and SAP Fieldglass, a cloud application for services procurement and contingent workforce management. The company also provides SAP solutions for enterprise information management that offers capabilities to understand, integrate, cleanse, manage, associate, and archive data; SAP HANA and SAP HANA Cloud, which enables businesses to process and analyze live data; SAP Analytics Cloud, a cloud analytics solution; SAP BusinessObjects Business Intelligence, a suite of flexible and scalable self-service BI tools; SAP Data Warehouse Cloud, a cloud data warehouse solution for business and IT users; and SAP BW/4HANA, an on-premise data warehouse solution. In addition, it offers SAP Integration Suite that help customers with holistic integration, and API-based and event-based integrations; SAP Extension Suite that provides ready-to-use services to accelerate and develop application extensions; SAP Internet of Things, a cloud solution that generates business outcomes; and SAP Intelligent Robotic Process Automation, a software robot to mimic human actions and responses. SAP SE was founded in 1972 and is headquartered in Walldorf, Germany.
IPO Year:
Exchange: NYSE
Website: sap.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
10/22/2024 | $248.00 → $265.00 | Outperform | BMO Capital Markets |
10/16/2024 | Neutral → Buy | Cleveland Research | |
7/31/2024 | Hold → Buy | Argus | |
6/28/2024 | $218.00 → $237.00 | Market Perform → Outperform | BMO Capital Markets |
5/23/2024 | $227.00 | Outperform | Bernstein |
4/26/2024 | $215.00 → $218.00 | Market Perform | BMO Capital Markets |
3/21/2024 | Overweight | KeyBanc Capital Markets | |
2/2/2024 | Hold → Buy | Jefferies | |
6/22/2023 | Underperform → Hold | Jefferies | |
4/25/2023 | Neutral → Buy | Citigroup |
3 - SAP SE (0001000184) (Reporting)
BMO Capital Markets reiterated coverage of SAP SE with a rating of Outperform and set a new price target of $265.00 from $248.00 previously
Cleveland Research upgraded SAP SE from Neutral to Buy
Argus upgraded SAP SE from Hold to Buy
BMO Capital Markets upgraded SAP SE from Market Perform to Outperform and set a new price target of $237.00 from $218.00 previously
Bernstein initiated coverage of SAP SE with a rating of Outperform and set a new price target of $227.00
BMO Capital Markets reiterated coverage of SAP SE with a rating of Market Perform and set a new price target of $218.00 from $215.00 previously
KeyBanc Capital Markets initiated coverage of SAP SE with a rating of Overweight
Jefferies upgraded SAP SE from Hold to Buy
Jefferies upgraded SAP SE from Underperform to Hold
Citigroup upgraded SAP SE from Neutral to Buy
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WALLDORF, Germany, Nov. 12, 2024 /PRNewswire/ -- SAP SE (NYSE:SAP) today announced the participation of its executives at the following events. These events will be webcast, and a replay will be made available shortly after the events on the SAP Investor Relations website: https://www.sap.com/investors/en/calendar.html Morgan Stanley, European Tech, Media & Telecom ConferenceBarcelona, SpainDominik Asam, CFO and member of the SAP Executive Board will hold a Fireside Chat at the event.Wednesday, November 20, 2024 10.40 am – 11.20 am CET9.40 pm – 10.20 pm GMT4.40 am – 5.20
Current cloud backlog of €15.4 billion, up 25% and up 29% at constant currenciesCloud revenue up 25% and up 27% at constant currenciesCloud ERP Suite revenue up 34% and up 36% at constant currenciesTotal revenue up 9% and up 10% at constant currenciesIFRS cloud gross profit up 26%, non-IFRS cloud gross profit up 27% and up 28% at constant currenciesIFRS operating profit up 29%, non-IFRS operating profit up 27% and up 28% at constant currenciesSAP raises its 2024 outlook for cloud and software revenue, operating profit and free cash flowWALLDORF, Germany, Oct. 21, 2024 /PRNewswire/ -- SAP SE (NYSE:SAP) announced today its financial results for the third quarter ended September 30, 2024.
Innovations at TechEd 2024 Showcase SAP's Vast Collection of Business AI Game-Changers, from Collaborative Agents to Knowledge Graph Capabilities and Generative AI Developer Features in SAP Build WALLDORF, Germany, Oct. 8, 2024 /PRNewswire/ -- SAP SE (NYSE:SAP) today unveiled groundbreaking AI innovations across a technology foundation that drives 87% of global commerce, putting its generative AI copilot Joule at the center of a new way of doing business. At its annual SAP TechEd conference, SAP announced powerful new capabilities that complement and extend Joule, including collaborative AI agents imbued with custom skills to complete complex cross-disciplinary tasks. Other innovations inclu
SAN FRANCISCO, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Gainsight, the world's leading customer success platform, today announced a strategic partnership with SAP, delivering a powerful integration between Gainsight CS and SAP Sales Cloud. The integration will help businesses transform how they deliver value-driven customer experiences at scale to maximize customer retention and revenue growth. Gainsight CEO Nick Mehta and President and COO Chuck Ganapathi, along with SAP's Senior Vice President, SAP CX Solution Management, Nitin Badjatia, will discuss the partnership during SAP's CX Live Event happening today. The handoff between pre- and post-sales remains a persistent challenge in driving lo
WALLDORF, Sept. 12, 2024 (GLOBE NEWSWIRE) -- SAP SE (NYSE:SAP) today announced it has successfully completed its acquisition of WalkMe Ltd., a leading digital adoption platform company listed on the Nasdaq Global Select Market (NASDAQ:WKME). WalkMe's innovative technology enables seamless workflow execution across business software applications, improving user experience and adoption and supporting business transformation. WalkeMeX's AI capabilities will supercharge SAP's copilot Joule with context-aware and proactive help across workflows, allowing users to become more productive. As a result of the acquisition, each ordinary issued and outstanding share of WalkMe Ltd. has been converted
WALLDORF, Germany, Sept. 4, 2024 /PRNewswire/ -- SAP SE (NYSE:SAP) today announced the participation of its executives at the following event. This event will be webcast, and a replay will be made available shortly after the event on the SAP Investor Relations website: https://www.sap.com/investors/en/calendar.html Goldman Sachs, Communacopia & Technology Conference San Francisco, California, US Dominik Asam, CFO and member of the SAP Executive Board will hold a Fireside Chat at the event. Tuesday, September 10, 2024 5.50 pm – 6.25 pm CEST 4.50 pm – 5.25 pm BST 11.50 am –
WALLDORF, Germany, Sept. 3, 2024 /PRNewswire/ -- SAP SE (NYSE:SAP) today announced that the SAP Supervisory Board has reached a mutual agreement with Chief Technology Officer and Executive Board Member Dr.-Ing. Jürgen Müller to leave the company's Executive Board, effective September 30, 2024. Müller stated: "I want to address an incident at a past company event where my behavior was inappropriate. I regret being inconsiderate and sincerely apologize to everyone affected. I recognize my behavior at that moment did not reflect our values at SAP. I take full responsibility and
USA News Group Commentary Issued on behalf of Scope AI Corp. VANCOUVER, BC, Aug. 20, 2024 /PRNewswire/ -- USA News Group – The race to dominate the artificial intelligence (AI) space continues to heat up, with Goldman Sachs recently asking the question "Will the $1 trillion of generative AI investment pay off?". According to Goldman Sachs Asset Management portfolio managers, their confidence continues to increase that this technology cycle is indeed real. It's a global phenomenon, with Brazil recently proposing a $4 billion AI investment plan of its own. Big tech is banking on this AI boom as infrastructure spending indeed nears the $1-trillion mark. However, it's not just the silicon valley
WALLDORF, Germany, Aug. 7, 2024 /PRNewswire/ -- SAP SE (NYSE:SAP) today announced Xerox Holdings Corp. (NASDAQ:XRX) has chosen multiple SAP solutions to transform its enterprise architecture as part of its multi-year Reinvention. Xerox's Reinvention involves aligning its resources to improve and stabilize its core print businesses, increase productivity and efficiency, and focus on its emerging digital services and IT services capabilities to improve business outcomes for its clients. Moving to the Cloud to Achieve a Clean Core In choosing the RISE with SAP solution to move to
WALLDORF, Germany, July 30, 2024 /PRNewswire/ -- SAP SE (NYSE:SAP) today announced that the SAP Supervisory Board has reached a mutual agreement with Executive Board members Scott Russell and Julia White to leave the company's Executive Board, effective August 31st. Chief Revenue Officer Scott Russell has played a central role in helping SAP customers around the world on their journey to the cloud. His success gives SAP the opportunity to develop the full potential of the company's best-of-suite offering, ensuring customers take advantage of SAP's solutions to maximize agili
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USA News Group Commentary Issued on behalf of Scope AI Corp. VANCOUVER, BC, Aug. 20, 2024 /PRNewswire/ -- USA News Group – The race to dominate the artificial intelligence (AI) space continues to heat up, with Goldman Sachs recently asking the question "Will the $1 trillion of generative AI investment pay off?". According to Goldman Sachs Asset Management portfolio managers, their confidence continues to increase that this technology cycle is indeed real. It's a global phenomenon, with Brazil recently proposing a $4 billion AI investment plan of its own. Big tech is banking on this AI boom as infrastructure spending indeed nears the $1-trillion mark. However, it's not just the silicon valley
WALLDORF, Germany, July 30, 2024 /PRNewswire/ -- SAP SE (NYSE:SAP) today announced that the SAP Supervisory Board has reached a mutual agreement with Executive Board members Scott Russell and Julia White to leave the company's Executive Board, effective August 31st. Chief Revenue Officer Scott Russell has played a central role in helping SAP customers around the world on their journey to the cloud. His success gives SAP the opportunity to develop the full potential of the company's best-of-suite offering, ensuring customers take advantage of SAP's solutions to maximize agili
WALLDORF, Germany, June 5, 2024 /PRNewswire/ -- SAP SE (NYSE:SAP) and WalkMe Ltd. (NASDAQ:WKME) announced today that the companies have entered into a definitive agreement under which SAP will acquire WalkMe, a leader in digital adoption platforms (DAPs). WalkMe's solutions help organizations navigate constant technology change by providing users with advanced guidance and automation features that enable them to execute workflows seamlessly across any number of applications. This results in higher adoption of the underlying application and as such drives value realization. The
WALLDORF, Germany, Sept. 1, 2023 /PRNewswire/ -- SAP SE (NYSE:SAP) today announced the appointment of Walter Sun as Global Head of Artificial Intelligence. Sun joins SAP on September 1 from his current role as vice president of Copilot Applied Artificial Intelligence for business applications at Microsoft. With a proven track record of driving technological innovation and strategic business leadership, Sun will play a pivotal role in strengthening SAP's pioneering vision of relevant, reliable and responsible AI built for business. "We are thrilled to welcome Walter Sun, a lead
WALLDORF, Germany, Aug. 29, 2023 /PRNewswire/ -- SAP SE (NYSE:SAP) today announced that Gina Vargiu-Breuer (48) has been appointed to the Executive Board of SAP as Chief People Officer and labor director, effective from February 1, 2024. She will succeed Sabine Bendiek, who will be leaving the company by her own request on December 31, 2023. In her new role, Vargiu-Breuer will lead the HR organization and continue to drive the transformation of SAP's HR strategy. This includes creating an even more powerful growth and learning environment at SAP that enables inclusion, diversi
CHICAGO, April 05, 2023 (GLOBE NEWSWIRE) -- Leading supply chain visibility company FourKites today announced the appointment of Rocky Subramanian as President, effective immediately. Widely respected as a trusted advisor to leaders executing complex digital transformation at organizations of all sizes, Subramanian will work alongside CEO Mathew Elenjickal to drive the company's strategy, growth and customer success globally. "As our new President, Rocky will be key to taking FourKites to the next level," said Elenjickal. "He has a proven track record in delivering big wins for customers, building world-class teams, championing workplace diversity and culture, scaling processes and growin
On CNBC's “Mad Money Lightning Round,” Jim Cramer said TORM plc (NASDAQ:TRMD) has a “remarkably high dividend yield. And as long as it has that dividend yield, the stock's going to stay up. But, when things start going bad, and they always do in this business, that yield's going to start going down.” On July 23, Evercore ISI Group analyst Jonathan Chappell maintained TORM with an Outperform rating, while increasing the price target from $45 to $48. Cramer recommended buying Trane Technologies plc (NYSE:TT). “Hard to stop a Trane,” he added. Trane Technologies will report its second-quarter financial results on Wednesday, July 31. Analysts expect the company to report quarterly earni
To gain an edge, this is what you need to know today. Speculative Sentiment Note the following: This article is about the big picture, not an individual stock. The chart of TSLA stock is being used to illustrate the point. Speculative sentiment is one of the major drivers of the stock market. Right now, speculative sentiment is in the very high zone. The battle of humanoid robots and robotaxis vs. electric vehicles is ahead. The result of the battle will significantly add to or take away from the speculative sentiment. The chart shows TSLA stock ran up on gamma squeeze. Gamma squeeze is an important Wall Street mechanic. Investors can gain a big edge by learning about W
Shares of Comcast Corporation (NASDAQ:CMCSA) fell sharply during Tuesday's session after the company reported worse-than-expected second-quarter sales results. Comcast reported second-quarter revenue decline of 2.7% year-over-year to $29.69 billion, missing the analyst consensus estimate of $30.02 billion.The company reported adjusted EPS of $1.21, beating analyst consensus estimates of $1.12, according to data from Benzinga Pro. Comcast shares declined 6.1% to $37.12 on Tuesday. Here are some other stocks moving in today’s mid-day session. Gainers Azitra, Inc. (NYSE:AZTR) shares jumped 529% to $10.19 after the company announced that the U.S. Patent and Trademark Office grant
TD Cowen analyst J. Derrick Wood maintains SAP (NYSE:SAP) with a Hold and raises the price target from $188 to $214.
U.S. stocks were mixed, with the Dow Jones index falling around 50 points on Tuesday. Shares of Danaher Corporation (NYSE:DHR) rose sharply during Tuesday's session after the company reported better-than-expected second quarter earnings. Danaher's second quarter sales decreased 3% year-over-year to $5.743 billion, beating the consensus of $5.59 billion. Danaher reported second-quarter adjusted EPS of $1.72, beating the consensus of $1.57, according to data from Benzinga Pro. Danaher shares gained 7.4% to $269.35 on Tuesday. Here are some other big stocks recording gains in today’s session. Kiniksa Pharmaceuticals International, plc (NASDAQ:KNSA) shares jumped 16% to $24.81 af
JMP Securities analyst Patrick Walravens maintains SAP (NYSE:SAP) with a Market Outperform and raises the price target from $220 to $245.
BMO Capital analyst Keith Bachman maintains SAP (NYSE:SAP) with a Outperform and raises the price target from $237 to $248.
Shares of SAP SE (NYSE:SAP) rose sharply in today's pre-market trading after the company reported second-quarter financial results. SAP reported quarterly earnings of 82 cents per share which missed the analyst consensus estimate of $1.19 per share. Quarterly sales came in at $8.92 billion which missed the analyst consensus estimate of $8.96 billion, representing an 8.81% increase over sales from the same period last year, according to data from Benzinga Pro. SAP shares gained 5.9% to $212.34 in pre-market trading. Here are some other stocks moving in pre-market trading. Gainers Nature’s Miracle Holding Inc. (NASDAQ:NMHI) rose 183.4% to $0.9779 in pre-market trading after fal
SAP SE (NYSE:SAP) reported its second-quarter financial results Monday. Here's a look at the details from the report. The Details: SAP reported quarterly earnings of 82 cents per share which missed the analyst consensus estimate of $1.19 by 31.26%. Quarterly sales came in at $8.92 billion which missed the analyst consensus estimate of $8.96 billion by 0.42% and represents an 8.81% increase over sales from the same period last year. Cloud revenue grew 25%, underpinned by 33% Cloud ERP Suite revenue growth, all at nominal and constant currencies, and the company reported its current cloud backlog increased by 28%, both at nominal and constant currencies. IFRS cloud gross profit grew 29%
Current cloud backlog of €15.4 billion, up 25% and up 29% at constant currenciesCloud revenue up 25% and up 27% at constant currenciesCloud ERP Suite revenue up 34% and up 36% at constant currenciesTotal revenue up 9% and up 10% at constant currenciesIFRS cloud gross profit up 26%, non-IFRS cloud gross profit up 27% and up 28% at constant currenciesIFRS operating profit up 29%, non-IFRS operating profit up 27% and up 28% at constant currenciesSAP raises its 2024 outlook for cloud and software revenue, operating profit and free cash flowWALLDORF, Germany, Oct. 21, 2024 /PRNewswire/ -- SAP SE (NYSE:SAP) announced today its financial results for the third quarter ended September 30, 2024.
Current cloud backlog of €14.8 billion, up 28%, both at nominal and constant currenciesCloud revenue up 25%, underpinned by 33% Cloud ERP Suite revenue growth, all at nominal and constant currenciesTotal revenue up 10%, both at nominal and constant currenciesIFRS cloud gross profit up 29%, non-IFRS cloud gross profit up 28% and up 29% at constant currenciesIFRS operating profit down 11% due to restructuring expenses of €0.6 billion. Non-IFRS operating profit up 33% and up 35% at constant currencies2024 financial outlook reiterated. 2025 operating profit ambition increased to reflect anticipated incremental efficiency gains from expanded transformation programWALLDORF, Germany, July 22, 2024
Cloud revenue up 24% and up 25% at constant currencies, supported by 32% Cloud ERP Suite revenue growth at constant currenciesCurrent cloud backlog of €14.2 billion, up 27% and up 28% at constant currenciesIFRS cloud gross profit up 27%, non-IFRS cloud gross profit up 27% and up 28% at constant currenciesIFRS operating loss of –€0.8 billion due to a €2.2 billion restructuring provisionNon-IFRS operating profit up 16% and up 19% at constant currencies even including higher share-based compensation resulting from strong share price increaseOutlook 2024 reaffirmedWALLDORF, Germany, April 22, 2024 /PRNewswire/ -- SAP SE (NYSE:SAP) announced today its financial results for the first quarter ended
Candidates for Shareholder Representative Elections Announced WALLDORF, Germany, Feb. 21, 2024 /PRNewswire/ -- The Supervisory Board and Executive Board of SAP SE (NYSE:SAP) recommend that shareholders approve a dividend of €2.20 per share for fiscal year 2023. This is an increase of €0.15, or 7.3% compared to the dividend paid for fiscal year 2022. If approved by shareholders and assuming the same level of treasury shares as at December 31, 2023, the total amount distributed in dividends would be approximately €2.568 billion (2022: €2.393 billion), representing a pay-out ratio of 43.1% (2022: 139.6%).
in € millions, unless otherwise stated; based on SAP group results from continuing operations SAP exceeds non-IFRS operating profit and cash flow outlook for FY 2023Cloud revenue up 20% and up 23% at constant currencies for FY 2023, underpinned by 25% cloud revenue growth at constant currencies in the fourth quarterCurrent cloud backlog of €13.7 billion, up 25% and up 27% at constant currenciesIFRS cloud gross profit up 23%, non-IFRS cloud gross profit up 23% and up 27% at constant currencies in FY 2023IFRS operating profit down 5%, non-IFRS operating profit up 9% and up 13% at constant currencies in FY 20232024 outlook anticipates accelerating cloud revenue growthPlanned transformation prog
in € millions, unless otherwise stated; based on SAP group results from continuing operations Cloud revenue up 19% and up 22% at constant currencies. SAP S/4HANA cloud revenue up 74% and accelerates to 79% at constant currenciesCurrent cloud backlog up 21% and up 25% constant currenciesIFRS cloud gross profit up 20%, non-IFRS cloud gross profit up 20% and up 24% at constant currencies, supported by completion of SAP's next-generation cloud delivery programIFRS operating profit up 28%, non-IFRS operating profit up 23% and up 28% at constant currenciesSAP updates its 2023 revenue and operating profit outlookExpands market opportunity through new SAP Business AI and premium AI offeringsWALLDORF
WALLDORF, Germany, June 28, 2023 /PRNewswire/ -- SAP SE (NYSE:SAP) today announced that Silver Lake Management, the global leader in technology investing, and its co-investors along with the Canada Pension Plan Investment Board (CPPIB), have completed the acquisition of all the issued and outstanding shares of Qualtrics, including all shares owned by SAP, at a purchase price of US$18.15 in cash per share. SAP will remain a close go-to-market and technology partner to Qualtrics, servicing joint customers and continuing to contribute to their success. Visit the SAP News Center.
WALLDORF, Germany, May 16, 2023 /PRNewswire/ -- Today at SAP Sapphire in Orlando SAP SE (NYSE:SAP) announced an update of its mid-term financial Ambition 2025 as well as a new share repurchase program with a volume of up to €5 billion. Ambition 2025 UpdateSAP's Ambition 2025 update demonstrates SAP's strong cloud momentum, with a cloud revenue ambition of more than €21.5bn excluding Qualtrics. The updated ambition reflects the expected divestiture of Qualtrics (NASDAQ:XM) as well as an update on the expected 2025 performance of SAP's continuing operations. This update on SAP's
Unless otherwise stated, all figures in this statement are based on SAP group results from continuing operations. Cloud revenue up 24% and up 22% at constant currencies, up 1 percentage point sequentially. S/4HANA cloud revenue up 77% and up 75% at constant currenciesCurrent cloud backlog up 25%, both at nominal and constant currencies, a sequential growth improvement of 1 percentage pointIFRS cloud gross profit up 28%, non-IFRS cloud gross profit up 28% and up 27 % at constant currencies fueling double-digit non-IFRS operating profit growthIFRS operating profit down 45%, non-IFRS operating profit up 12% and up 12% at constant currencies2023 outlook updated to reflect the expected Qualtrics
Annual General Meeting of Shareholders to Be Held as Physical Event SAP Supervisory Board Proposes Changes to Executive Compensation SystemWALLDORF, Germany, Feb. 22, 2023 /PRNewswire/ -- The Supervisory Board and Executive Board of SAP SE (NYSE:SAP) have decided to recommend that shareholders approve a dividend of €2.05 per share for fiscal year 2022. This is an increase of €0.10, or 5% compared to the regular dividend paid for fiscal year 2021. The dividend for 2021 consisted of a regular dividend of €1.95 and a special dividend of €0.50 in celebration of SAP SE's 50th anniversary for a total dividend of €2.45. If approved by shareholders and assuming the same level of treasury shares, the