Why SAP SE ADS stock moves
SAP SE ADS fell, moving against the market.
Written after the close on ·
Updated 02:00 with news that came after the close
Why today
16,437 news analyzed todaySAP SE ADS fell, moving against the market.
No company news from that session clearly explains the drop.
Over the last five trading days the stock was roughly unchanged, while the S&P 500 fell sharply, so it held up better than the broader market.
The move looks more like a shift in sentiment than a company event, with investor selling in AI-related software names a likely factor, though this is partly inferred.
The next earnings report is due Thursday 28 January 2027.
Today's move of −4.14% was 3.9 times a normal day's 1.1%. S&P 500 moved +0.31% on the same day.
SAP SE ADS −4.14%S&P 500 +0.31%Against the market
What analysts expect, and how often they have been right
Analysts’ estimates for SAP SE ADS.
SAP SE ADS earned more than expected in 6 out of 8 reports.
For comparison, about 82% of reports from US companies beat the estimate in the last three years.
The share moved in the same direction as the earnings surprise in 6 out of 8 reports with a measured move, against about 55% of reports from US companies.
Ratings
Price targets
Latest price $233.45
Earnings against expectations, and the share’s reaction
Expected EPSAbove estimateBelow estimateAs expectedEUR
Next reported quarter: expected earnings per share of $2.18 (January 28). For the current fiscal year, expected earnings per share changed from $8.17 three months ago to $8.06 now. 2026 estimate: $8.06. 2027 estimate: $9.53.
What the key figures say about SAP SE ADS
The figures connect what SAP SE ADS earns with what investors pay.
The line shows the share price in the same year, on its own scale. Hatched bars: analysts’ estimates.
Profit divided by the number of shares. Each share represents this much of the earnings.
2022–2025: 1.95 EUR–6.10 EUR. Peers: Salesforce $10.93, ServiceNow $1.39, Snowflake -$3.18.
What the company sold during the year.
2022–2025: 29.5 bn EUR–36.8 bn EUR. Peers: Salesforce $43.9B, ServiceNow $15.4B, Snowflake $5.4B. 2026 estimate: 40.4 bn EUR (40.1 bn EUR–40.7 bn EUR). 2027 estimate: 45.3 bn EUR (44.1 bn EUR–46.9 bn EUR).
The percentage of revenue left after the costs of running the business.
2022–2025: 19.3%–26.1%. Peers: Salesforce 21.5%, ServiceNow 9.7%, Snowflake −22.8%.
Profit as a percentage of shareholders’ money in the company.
2022–2025: 5.7%–16.1%. Peers: Salesforce 19.4%, ServiceNow 11.8%, Snowflake −48.1%.
Money paid to shareholders per share, summed by calendar year.
2017–2025: $1.33–$2.66.
The ordinary yearly dividend as a percentage of the share price.
2022–2025: 1.0%–2.6%. Peers: Salesforce 0.8%, ServiceNow 0.0%, Snowflake 0.0%.
Net debt divided by operating earnings before depreciation and amortisation.
2022–2025: -0.36–0.50. Peers: Salesforce 2.40, ServiceNow 1.18.
More key figures
Cash left after investments, divided by the number of shares.
2022–2025: 3.78 EUR–7.21 EUR. Peers: Salesforce $18.41, ServiceNow $4.58, Snowflake $3.38.
The percentage of assets financed by shareholders’ equity.
2022–2025: 55.7%–63.4%.
The dividend explained
A dividend is money paid to shareholders. SAP SE ADS paid $2.93 per share in the twelve months through November 6, 2026.
On the ex-dividend day, May 5, 2026, SAP SE ADS traded without the right to the $2.93 dividend. The price went from $171.42 to $172.39; including the dividend, the day's change was +2.3%. Entitlement passes from the company to shareholders on the ex-day; payment comes later.
2017: $1.332018: $1.732019: $1.702020: $1.712021: $2.192022: $2.662023: $2.192024: $2.382025: $2.632026 so far: $2.93
What to watch next, and why
The earnings report shows how SAP SE ADS's revenue and profit have changed.
- Earnings report
The earnings report shows how SAP SE ADS's revenue and profit have changed.
Add to calendar
Earnings report
Next report: · Add to calendar · Google Calendar
On its last 15 report days SAP SE ADS usually moved about 5.1%. On a normal day it moves 1.1%.
+1.64% −1.59% +7.36% −15.20%
$10,000 in SAP SE ADS bought on November 7, 2016 is worth $31,100 today, with dividends reinvested.
The same amount in S&P 500 with dividends would have become $40,400.
What would $10,000 in SAP SE ADS be worth today? →
What would $10,000 in SAP SE ADS be worth today?
$31,100
with dividends reinvested, bought on November 7, 2016. The same amount in S&P 500 with dividends would have become $40,400.
The five biggest days of the journey
· −23.2% · the whole market fell 1.9% the same day · report day
· −15.2% · the whole market fell 0.1% the same day · report day
· +12.4% · the whole market fell 0.2% the same day · report day
· −10.0% · the whole market fell 12.0% the same day
· −9.9% · the whole market fell 9.5% the same day
Earlier days
−0.67% market −2.70% SAP SE ADS was roughly unchanged over the week, moving less than both the market and its sector. Read →
SAP SE ADS was roughly unchanged over the week, moving less than both the market and its sector.
Over the same days the S&P 500 fell sharply, so the stock held up better than the broad market.
The last session saw a very sharp drop, moving against both the market and the tech sector, which rose.
Company news included reports of an AI-driven selloff hitting software stocks and a record quarter with revenue above ten billion euros.
Learn more · Why do stocks go up and down?