FRANKFURT (dpa-AFX) - European software stocks failed to benefit from Thursday's market recovery following the reversal of tariff policies. Investors instead favored shares that had recently come under pressure from U.S. tariff threats, such as automotive stocks.

SAP shares, meanwhile, have not participated in the DAX record highs since spring 2025. The Walldorf-based company's stock slipped to just over €187 on Thursday, marking its lowest level since summer 2024. Most recently, shares were trading at €189.00, still down by a little over one percent.

Balajee Tirupati of Citigroup described, in his preview of SAP's quarterly report the previous day, a peak in negative sentiment for the sector. The rapid advancement of AI and uncertainty over growth prospects are proving to be a significant burden. Nevertheless, Tirupati expects SAP to maintain a strong performance. Following the report on January 29, investors may approach SAP shares with renewed calm.

Other European exchanges also saw declines in stocks such as Sage and Amadeus IT./ag/mis

Stocks mentioned in the article

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
SAP SE	171.22EUR	+0.43%	+0.39%	24TCr
CITIGROUP INC.	122.69USD	+6.00%	+6.03%	21TCr
AMADEUS IT GROUP, S.A.	52.14EUR	-2.03%	-7.91%	2.68TCr
SAGE GROUP PLC	844.40GBX	-3.08%	-11.80%	1.07TCr
NEMETSCHEK SE	70.95EUR	-1.32%	-4.06%	967.79Cr

Latest news about SAP SE

06/02	US Jobs and Inflation Data Could Give DAX a Boost	DP
06/02	Diary - Europe's STOXX 600 Corporate Earnings Week Ahead	RE
06/02	N4xt Experiences and SAP Announce Partnership to Power New Digital and Retail Infrastructure for New York Fashion Week	CI
06/02	Frankfurt Stocks Opening: AI Concerns Unsettle Investors - Auto Shares Weak	DP
06/02	Fender Musical Instruments Corporation Uses Avalara Solutions to Scale U.S. Sales Tax and International Vat Compliance	CI
05/02	Dax Opens Lower as Nuclear Talks with Iran Take Center Stage	RE
05/02	'Software-mageddon' leaves investors bargain-hunting but wary	RE
05/02	As software stocks slump, investors debate AI's existential threat	RE
04/02	CIBC Capital Markets Says January Was One of The "Worst Performances From Software Stocks on Record"	MT
04/02	Frankfurt Stocks Close: DAX Weakens as Tech Sector Woes Weigh on Market	DP
04/02	SAP SE : Goldman Sachs reiterates its Buy rating	ZD
04/02	Global software stocks hit by Anthropic wake-up call on AI disruption	RE
04/02	Deutsche Telekom Launches Industrial AI Cloud	RE
04/02	SAP SE : Gets a Buy rating from Deutsche Bank	ZD
04/02	Software and IT Stocks Continue to Suffer Amid AI Fears	DP
04/02	Selloff wipes out nearly $1 trillion from software and services stocks as investors debate AI's existential threat	RE
04/02	SAP SE : JP Morgan reiterates its Buy rating	ZD
04/02	JPMorgan Maintains 'Overweight' Rating on SAP	DP
04/02	DAX FLASH: Situation Continues to Stabilize – Still Below 25,000 Points	DP
04/02	Microsoft Announces Executive Promotions	CI
04/02	Tech Slides as Anthropic Product Launch Weighs on Software Firms -- Tech Roundup	DJ
03/02	LF Chooses Rimini Street, Inc. to Optimize ERP Support, Drive Innovation and Transform the Business	CI
03/02	European Equities Traded in the US as American Depositary Receipts Edge Lower in Tuesday Trading	MT
03/02	New AI Models Put Pressure on European Software Sector – Karnov Plummets (Update)	FW
03/02	New AI Models Put Pressure on European Software Sector – Karnov Plummets	FW

Chart SAP SE

Duration

Period

SAP: Dynamic Chart

Company Profile

SAP SE (Systeme Anwendungen Produkte) is the world's leader in the development and marketing of integrated software packages. Net sales break down by activity as follows: - sale of software packages (87.3%): software for financial management, human resource management, customer relations, purchasing, etc. The group also provides maintenance services; - consulting (12.7%): mainly consulting and training services. Net sales are distributed geographically as follows: Germany (15.7%), Europe/Middle East/Africa (29.9%), the United States (32.3%), the Americas (8.1%), Japan (4.1%) and Asia/Pacific (9.9%).

Employees

1,10,650

Sector

Software

Calendar

23/04 - Q1 2026 Earnings Release

More about the company