SAP’s Strategic AI Advancements and Suite as a Service Vision Drive Buy Rating

Analyst Frederic Boulan from Bank of America Securities maintained a Buy rating on SAP SE (0NW4 – Research Report) and decreased the price target to €303.00 from €307.00.

Frederic Boulan has given his Buy rating due to a combination of factors including SAP’s strategic advancements in AI and its strong positioning within the software industry. The recent announcements at the Sapphire conference highlighted SAP’s ambition to integrate AI across its platforms, enhancing its role in customers’ operations through unique datasets and innovative AI solutions.
Additionally, SAP’s CEO, Christian Klein, emphasized the company’s vision to evolve into a Suite as a Service provider, expanding AI capabilities beyond SAP applications. The introduction of new pricing models for AI solutions further supports SAP’s growth potential. These strategic moves, coupled with the company’s impressive efficiency gains and customer adoption rates, underpin Boulan’s positive outlook on SAP’s future performance.

In another report released yesterday, Wells Fargo also initiated coverage with a Buy rating on the stock with a €345.00 price target.

Based on the recent corporate insider activity of 55 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of 0NW4 in relation to earlier this year.