SAP shares rose 0.26% to €140.26 on June 12, 2026, after recent pressure tied to AI-sector spending concerns and technical weakness, according to market data.
The stock opened at €140.00, reached €143.38 and fell as low as €138.26 during the session, according to the market snapshot. The same data listed SAP SE’s previous close at €139.90 and market value at €170.35 billion.
SAP SE, the Walldorf, Germany-based enterprise software group, reported a current cloud backlog of €21.9 billion in its Q1 2026 results, up 20% and up 25% at constant currencies.
The company also reported cloud revenue growth of 19%, or 27% at constant currencies, for the quarter. Chief Executive Officer Christian Klein said SAP had a strong start to the year, while Chief Financial Officer Dominik Asam cited disciplined execution across revenue and profitability.
The move followed wider investor caution around enterprise software and AI infrastructure spending. Oracle shares fell sharply on June 11 after the company outlined higher data-centre spending for AI operations, according to market reports.
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SAP Investor Relations said the company authorised a share repurchase programme of up to €10 billion through December 31, 2027. It said the first tranche had been completed as of April 1, 2026.
In the US market, SAP SE American depositary receipts last traded at $164.18 on June 12, with an intraday high of $165.33 and a low of $160.01, according to the uploaded market data.
