SAP stock closes at EUR 184.68, up 0.27 percent at the Xetra close

SAP stock opened at EUR 184.42, reached EUR 185.34 and fell to EUR 183.76 before ending at EUR 184.68. The gain of 0.27 percent contrasted with a 0.61 percent decline in the DAX.

SAP closed at EUR 184.68 on Xetra on September 25, 2026, up 0.27 percent from the previous close. The gain exceeded the DAX's 0.61 percent decline by 0.88 percentage points. SAP's next scheduled quarterly results are set for October 21, 2026.

The session on September 25, 2026 in figures

SAP SE (ISIN DE0007164600, Xetra: SAP) opened at EUR 184.42 and finished EUR 0.50 above the previous close of EUR 184.18. The session high was EUR 185.34 and the low was EUR 183.76, producing a EUR 1.58 range. As finanzen.ch reported on September 25, 2026, SAP traded at EUR 184.08 at 09:28 CET after reaching the session high and low.

Xetra volume was 464.61K shares, compared with average volume of 4.68 million shares. The session volume was therefore 4.215 million shares below the stated average. SAP remained 24.40 percent below its 52-week high of EUR 244.30 and 44.85 percent above its 52-week low of EUR 127.50.

Jefferies target increase supports the analyst backdrop

Jefferies raised its SAP price target to EUR 220 from EUR 210 and retained a Buy rating on September 22, 2026. As Borse Online reported, analyst Charles Brennan cited expectations for robust third-quarter order intake.

The analyst action followed a volatile period for software shares and differing views on cloud and artificial intelligence execution. SAP's September 25 advance came as the broader European technology backdrop remained weaker than the individual stock's performance.

The DAX closed at 25,256.00, down 0.61 percent, while the Euro Stoxx 50 ended at 6,273.00, down 0.43 percent. As Newsquawk reported on September 25, 2026, the session reflected a deeper global bond rout and mixed Asian trading.

DAX, European technology and the US market

SAP outperformed the DAX by 0.88 percentage points and the Euro Stoxx 50 by 0.70 percentage points. The technology sector in the prior US session fell 0.32 percent, while the S&P 500 declined 0.02 percent to 7,704.00 and the Nasdaq 100 rose 0.03 percent to 30,479.00. The Dow Jones Industrial Average fell 0.31 percent to 51,355.00, and the energy sector gained 0.40 percent in the same market report.