SAP.DE SAP SE XETRA +5.56% to €173.78 intraday 02 Feb 2026: AI boosts cloud view

SAP.DE stock is trading at €173.78 on XETRA intraday, up 5.56% as markets react to renewed demand for AI-enabled cloud services. The move comes on volume of 1,077,064 shares versus an average of 1,590,813, showing above‑average participation. We examine valuation, AI drivers inside SAP SE, and short-term price signals for traders and investors in Germany.