SAP, DE0007164600

SAP highlights long-term cloud strategy, shares under pressure in DAX trade

22.06.2026 - 17:07:08 | ad-hoc-news.de

SAP faces a marked year-to-date decline while analysts still see clear upside. The DAX heavyweight continues to push its cloud-first and AI-centric strategy as investors weigh valuation and growth prospects.

SAP, DE0007164600
SAP, DE0007164600

By Stefan Krueger, Long-Term & Business Model desk. Reviewed prior to publication on 2026-06-22, 17:05.

SAP (DE0007164600) remains one of the largest weights in the DAX while its shares trade markedly below last year's levels. On wallstreet-online data, the stock is down more than 37 percent year to date, leaving it over 50 percent under its 52-week high in Xetra-linked trading.

SAP valuation and analyst consensus

The consensus picture for SAP stays constructive despite the weak price performance. According to wallstreet-online, the average target price from 66 analysts stands at 247.42 euros, which implies roughly 88 percent upside versus a current spot price around 131.80 euros.

The same overview shows a wide target range, with the lowest analyst target at 92 euros and the highest at 320 euros, spanning from about 30 percent downside to over 140 percent potential upside from recent levels.

Recent price levels in DAX context

On finanzen.net data, SAP shares recently changed hands at about 133.22 euros in Stuttgart trade, representing a daily decline of around 0.5 percent compared with the prior close at 133.56 euros. The site also shows the title classified in the software segment and counted among the DAX heavyweights.

Wallstreet-online highlights that the SAP share price has retreated by more than 10 percent over the past week and over 14 percent in 30 days, underperforming many peers in the European software and broader DAX universe.

Go deeper

Background and price data on SAP

All news, historical prices and regulatory disclosures on the SAP shares are bundled in the dedicated topic overview and the company’s investor relations section.

How SAP makes its money

SAP generates most of its revenue with its cloud-based ERP and business application portfolio, especially the S/4HANA Cloud suite and related services for finance, supply chain and human resources. The company also earns recurring income from maintenance contracts and subscription fees for analytics and database products.

Where the SAP shares trade now

The SAP shares (DE0007164600) most recently traded around 133.22 euros on the Stuttgart exchange at 2026-06-22, 15:34, while separate data from wallstreet-online place the realtime price at roughly 131.63 euros at 15:34:16 in Xetra-linked trading.

Key data on the SAP shares

  • Company: SAP SE
  • ISIN: DE0007164600
  • WKN: 716460
  • Ticker: SAP
  • Trading venue: Xetra
  • Price (as of 2026-06-22, 15:34): 131.63 EUR
  • Market cap: about 165 billion EUR (as reported by wallstreet-online, 2026-06-22)
  • Sector / industry: Software / Application software
  • Index membership: DAX, Euro Stoxx 50, Stoxx Europe 600, TecDAX
  • Next earnings date: not officially scheduled

More on the SAP shares in social media

This article is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell any securities. All data are based on sources cited in the text and may change without notice.

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