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SAP SE

SAP · XETRA · Technology · €221B

Develops enterprise resource planning software and cloud-based business applications for finance, human resources, supply chain, and customer experience management across organisations globally.

Technical Bias: Bearish lean
€191.32+€1.44 (+0.76%)Delayed

As of Aug 28, 2026

Summary

SAP is a German enterprise software giant providing cloud and on-premises business applications to large organisations worldwide. The stock sits on a bearish technical lean despite a strong one-month rally of 22.7%, though it remains down 16% over the full year. At €191.32 per share, SAP carries a market capitalisation of €221 billion.

Price history

Daily candles · adjusted close

As of Aug 28, 2026

Performance

1D

+0.76%

1W

+1.70%

1M

+22.70%

3M

+17.48%

YTD

-6.62%

1Y

-16.03%

As of Aug 28, 2026

Technical indicators

RSI (14)
70.1Bearish
MACD (12,26,9)
-0.25Bearish
Moving averages
50: 156.16 · 200: 167.11Neutral
Support / Resistance
€174.80 / €191.94

Technical Bias

Bearish lean

0 Bullish · 2 Bearish · 1 Neutral

SAP SE's technical indicators collectively lean bearish right now. The RSI at 70.1 suggests overbought conditions, while the MACD's negative reading of -0.25 reinforces downward momentum, though the moving averages remain neutral. This is a derived technical read, not a recommendation.

A transparent read of the indicators below — not a prediction or recommendation.

As of Aug 28, 2026

Fundamentals

Market cap
€221B
P/E ratio
28.64
EPS
€6.68
Profit margin
20.41%
Revenue growth (YoY)
+9.4%
Free cash flow
€8.42B
Beta
0.76
52-week range
€127.50 – €240.22
Dividend yield
1.39%
Ex-dividend date
May 6, 2026
Next earnings
Oct 21, 2026 (52 days)

As of Aug 29, 2026

Upcoming catalysts

  • Earnings reportOct 21, 2026 · EPS estimate 1.83

As of Aug 29, 2026

Latest news

As of Aug 29, 2026

MonkeyTrade's Take on SAP SE

Our read on the signals above — informational, not a recommendation.

Short-term outlook

SAP's short-term picture leans bearish despite the strong +22.7% one-month run: RSI at 70.1 signals overbought conditions and MACD has already turned negative, hinting at fading momentum. Watch €174.80 support - a break there would confirm the pullback, while holding above and reclaiming €191.94 resistance would challenge the bearish read. No earnings catalyst until October 2026, so this is a purely technical setup for now.

Medium-term outlook

SAP's fundamentals look solid for the medium term: revenue growing 9.4% year-on-year, a healthy 20.4% profit margin, and a 1.4% dividend on top, though a P/E of 28.64 already prices in a fair amount of that quality. The technical lean is bearish, suggesting the market isn't yet rewarding this operating momentum with upward price action. A break in that bearish trend, alongside continued double-digit growth, would be the signal that sentiment is catching up to fundamentals.

Key risks

  • SAP trades at a P/E of 28.64, which prices in a fair amount of growth and leaves the shares more exposed if earnings or cloud momentum disappoint.
  • The stock is well off its 52-week high of €240.22, sitting at €191.32, showing it has already faced periods of notable drawdown.
  • Competitive pressure is building as rivals like Microsoft and IBM push their own AI and analytics platforms into the same enterprise software space SAP operates in.
  • Revenue growth of 9.4% year-on-year needs to hold up to justify current valuation levels, and any slowdown could weigh on sentiment given how richly the stock is priced.

About SAP SE

SAP SE is a German technology company and one of the world's largest enterprise software providers, listed on XETRA under the ticker SAP. Operating in the software - application industry, SAP builds the business systems that companies rely on to manage operations, from finance to supply chains, giving it a deeply embedded position across corporate IT infrastructure worldwide. With a market capitalisation of €221B, it stands as one of Europe's most significant technology companies by scale.

SAP's key figures point to a large, established business valued at a premium. A price-to-earnings ratio of 28.64 suggests the market has priced in expectations of continued earnings growth rather than treating SAP as a bargain stock. Meanwhile, its dividend yield of +1.4% offers shareholders a modest income return, typical of a mature company that balances reinvestment with returning cash to investors.

How to trade SAP SE

Shares like this are usually traded as CFDs. Compare regulated brokers that offer share CFDs — weigh spreads, fees and platforms before you open an account.

AI-assisted research for informational purposes only — not investment advice. Figures are sourced from third-party market data and may be delayed. Do your own research before trading. Your capital is at risk. How we build these pages.