SAP SE (SAP) is trading around €168.50 in intraday European dealing at 4:10pm (UTC) on 5 February 2026, within a session range of approximately €160.05–€173.50 and broadly in line with recent moves in wider European equities. Past performance is not a reliable indicator of future results.

The move comes amid continued focus on SAP’s recently reported Q4 and full-year 2025 results, in which the company highlighted double-digit total revenue growth and a strong expansion in cloud backlog, underlining an ongoing shift toward cloud and software-as-a-service contracts (SAP, 29 January 2026). This price action has also tracked broader Euro Area equity trading, where the Euro Stoxx 50 index was little changed on 5 February 2026, and…