SAP SE Q1 2024: Cloud Growth and Transformation
TipRanks (Wed, 24-Apr 6:57 AM ET)
SAP AG (SAP): New Buy Recommendation for This Technology Giant
TipRanks (Wed, 24-Apr 4:46 AM ET)
Danfoss Selects RISE with SAP and HPE GreenLake to Accelerate Sustainable Cloud Journey
Business Wire (Wed, 24-Apr 4:00 AM ET)
Analysts Are Bullish on These Technology Stocks: SAP AG (SAP), AppLovin (APP)
TipRanks (Tue, 23-Apr 9:41 AM ET)
BlackLine upgraded on strong SAP cloud fundamentals: Piper Sandler
Seeking Alpha News (Tue, 23-Apr 9:21 AM ET)
SAP AG (SAP) Receives a Rating Update from a Top Analyst
TipRanks (Tue, 23-Apr 7:45 AM ET)
JMP Securities Keeps Their Buy Rating on SAP AG (SAP)
TipRanks (Tue, 23-Apr 12:25 AM ET)
SAP SE (NYSE:SAP) Misses Earnings Expectations, Shares Little Changed
TipRanks (Mon, 22-Apr 4:51 PM ET)
SAP SE Non-GAAP EPS of ?0.81, revenue of ?8.04B
Seeking Alpha News (Mon, 22-Apr 4:15 PM ET)
PRNewswire (Mon, 22-Apr 4:05 PM ET)
Founded in 1972 by former IBM employees, SAP provides database technology and enterprise resource planning software to enterprises around the world. Across more than 180 countries, the company serves 440,000 customers, approximately 80% of which are small- to medium-size enterprises.
Sap Se Ads trades on the NYSE stock market under the symbol SAP.
As of April 25, 2024, SAP stock price declined to $183.16 with 687,277 million shares trading.
SAP has a beta of 1.05, meaning it tends to be more sensitive to market movements. SAP has a correlation of 0.30 to the broad based SPY ETF.
SAP has a market cap of $214.22 billion. This is considered a Mega Cap stock.
Last quarter Sap Se Ads reported $9 billion in Revenue and $.88 earnings per share. This beat revenue expectation by $173 million and missed earnings estimates by -$.23.
In the last 3 years, SAP stock traded as high as $199.29 and as low as $78.22.
The top ETF exchange traded funds that SAP belongs to (by Net Assets): SKYY, APIE, AVDE, PID, TDIV.
SAP has outperformed the market in the last year with a price return of +39.8% while the SPY ETF gained +22.9%. SAP has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +4.9% and -0.6%, respectively, while the SPY returned +3.4% and -2.7%, respectively.
SAP support price is $185.67 and resistance is $190.47 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SAP stock will trade within this expected range on the day.