The ERP software giant is counting on longstanding hyperscaler partnerships to keep customer costs down as economic ...

The Stoxx Europe 600 Index rose for the second day, climbing 1.8%, or 9.06 to 516.77. The move was the biggest since rising 2.7% on April 14.

Our SAP fair value estimate is $302 per share, implying a fiscal 2025 enterprise value/EBITDA multiple of 28 times and a P/E ratio of 42 times. We expect low to midteens revenue growth in the near and ...