SAP SE - An Undisruptible Business with a Stellar Outlook (Deep Dive)
6 months ago
Rijnberk InvestInsights
"SAP (wait for pullback): Top European stock with transformative shift to cloud. Trading at 41x PE but deserves premium: robust 26% cloud rev growth, 11-16% projected sales CAGR, 20%+ EPS growth. Moat from high switching costs, expanding AI capabilities. €321 PT by 2027 (10-11% annualized). Current valuation rich; wait for €220-230 entry."
Sentiment
neutral
Conviction
Medium
Tier
Trade Call
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Episode Information
Episode:
SAP SE - An Undisruptible Business with a Stellar Outlook (Deep Dive)
Source:
Rijnberk InvestInsights
Published:
July 5, 2025
Idea Type:
Stock Idea