SAP is trading 4.1% down today at €134.96 as the stock extends its multi-week slide amid concerns over AI-driven disruption and softer cloud guidance.
- Shares have hit their lowest levels since early 2024 as investors continue to reassess long-term growth prospects following January's guidance disappointment.
- The decline comes amid renewed selling pressure across European software names, with markets increasingly focused on the potential for AI to disrupt traditional business models.