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SAP SE: Update to credit analysis

Our credit view of this issuer reflects its track record of conservative financial policies supporting strong credit metrics, constrained by its execution risk in evolving business model.

SAP SE - December 2025 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Moody's Ratings announces completion of a periodic review of ratings o...

Announcement of Periodic Review: Moody's Ratings announces completion of a periodic review of ratings of SAP SE. Global Credit Research- 13 Mar 2026. Frankfurt am Main, March 13, 2026-- Moody's Ratings has completed a periodic review of the ratings of SAP SE and other ratings that are associated with this issuer.

Ghada Ben Sedrine ... (+2)
  • Ghada Ben Sedrine
  • Nicolas David
Ghada Ben Sedrine ... (+2)
  • Ghada Ben Sedrine
  • Nicolas David
Ghada Ben Sedrine ... (+2)
  • Ghada Ben Sedrine
  • Nicolas David
Ghada Ben Sedrine ... (+2)
  • Ghada Ben Sedrine
  • Nicolas David
Nicolas David ... (+2)
  • Nicolas David
  • Nicolas Thorez

ODDO : Shift to more favourable cycle to ease AI pressure on sector va...

While we do not deny the uncertainties and risks associated with artificial intelligence (pricing pressures, organisational change, etc.), we remain constructive on this issue, given the significant volume opportunities in prospect for the sector with the integration of agentic AI. Moreover, improving growth momentum in 2026 should reduce pressure on sector valuations (discount >30% vs Stoxx 600 vs a premium of 10% four years ago). On this basis, we have upgraded Bechtle (Outperform vs Neutral),...

Nicolas David ... (+2)
  • Nicolas David
  • Nicolas Thorez

ODDO : L’entrée dans un cycle plus favorable devrait réduire la pressi...

Sans nier les incertitudes et risques liés à l’IA (pressions tarifaires, changements organisationnels, etc.), nous restons constructifs sur cette thématique tant les opportunités de volumes autour de l’intégration de l’IA agentique sont importantes pour le secteur. D’autant plus que l’amélioration de la dynamique de croissance en 2026 devrait permettre de réduire la pression sur les valorisations du secteur (décote >30% vs Stoxx 600 contre une prime de 10% il y a 4 ans). Dans ce contexte, nous r...

SAP SE: 1 director

A director at SAP SE bought 6,000 shares at 169.176EUR and the significance rating of the trade was 100/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showi...

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