UBS downgraded SAP from Buy to Neutral, citing slow progress in delivering AI tools to customers. Despite SAP's strong position in enterprise resource planning, the rollout of AI agents is behind schedule, with only 17 launched and 15 more in development against a target of 200 by year-end. Complex customer environments and gradual adoption of AI tools are challenges. UBS also noted risks from slowing cloud growth, increased R&D costs, and geopolitical uncertainties, leading to a cautious outlook on SAP's near-term AI impact and share performance.
SAP SE is rated a Buy based on solid technical and fundamental factors, despite a recent downgrade by UBS. The company continues to show robust cloud revenue and backlog growth, although margin expansion faces challenges due to lower cloud margins co...
SAP announced that its CEO, Christian Klein, will participate in a Fireside Chat at the Goldman Sachs Communacopia & Technology Conference in San Francisco on September 8, 2026. The event will be webcast, with a replay available on SAP's Investor Rel...
