Added to YB: 2026-08-04
Pitch date: 2026-08-01
SAP [bullish]
SAP SE
+2.9%
current return
Author Info
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Company Info
SAP SE, together with its subsidiaries, provides enterprise application and business solutions worldwide.
Market Cap
EUR 182.0B
Pitch Price
EUR 160.00
Price Target
222.00 (+35%)
Dividend
1.59%
EV/EBITDA
15.02
P/E
23.61
EV/Sales
4.73
Sector
Software
Category
growth
SAP SE – The AI Threat is Real, But Misunderstood
SAP: German ERP giant down 34% YTD on overblown AI fears. Q2 rev €9.9B (+11% cc), cloud +24%, CCB +26% reaccelerating, 98% renewals, no AI disruption. TTM ROIC 19.8%, FCF €8.7B. Risk: losing orchestration layer to ServiceNow/MSFT. 22x '26 EPS. Buy <€156, PT €222, ~17% CAGR.
Read full article (19 min)