Is SAP.DE stock a buy after the recent pullback?

After the pullback to **€165.84**, SAP.DE stock looks interesting for investors focused on enterprise AI adoption. Meyka AI’s grade is **B+ (BUY)**, but buyers should wait for clearer signs of AI product uptake or a stabilising earnings outlook.

What are the main valuation metrics for SAP.DE stock?

SAP.DE stock trades at a trailing PE of **26.58**, price to sales **5.25**, and price to book **4.32**. EPS is **€6.24** and free cash flow yield is **4.33%**, showing premium software valuation with strong cash generation.

How do AI concerns affect SAP.DE stock outlook?

AI adoption doubts can slow license and cloud conversion timing, pressuring near-term revenue. For SAP.DE stock, the market will price execution clarity into margins and renewal rates ahead of the April earnings report.

What catalysts could push SAP.DE stock higher?

Positive catalysts include clearer AI adoption metrics, stronger cloud subscription growth, favourable Q1 results on **2026-04-23**, and confirmation of the proposed **€2.50** dividend. These would support a move above the 50-day average.

DE Stocks

€165.84 SAP.DE (SAP SE XETRA) intraday 25 Feb 2026: AI tool doubts weigh on trading

ByDanny Kontos February 25, 2026

SAP.DE stock trades at €165.84 on XETRA intraday on 25 Feb 2026, down €2.02 (-1.20%) as investors weigh mixed signals on SAP SE’s AI rollout and near-term earnings. The share move follows higher volume of 4,601,584.00 versus an average 2,328,451.00, signalling active trading. Market focus is on product adoption for AI features, upcoming earnings on 2026-04-23, and a valuation gap versus 50-day and 200-day averages.