SAP becomes the most valuable in Europe amid the boom of German stocks

The SAP software maker has become the most company in Europe this week, with a wave of artificial intelligence and German stock market gains.

The company of market value reached about 342.4 billion dollars by closing on Monday, according to FactSet data, as shares increased by 1.16 % per day and more than 40 % during the past year.

SAP, which provides companies ’products through cloud solutions, expenses, and the management of the supply chain and their analyzes, is widely sees more revenue because it takes advantage of its large customer base and business data wealth to create opportunities from artificial intelligence.

Analysts at Bank of America earlier this month repeated that SAP as the best large CAP software for 2025, spying “more budget for street expectations on Upsell, including from AI”. Analysts also said that the deportation of the business cloud has been in the “early stage” and will continue in recent years.

The company early last year I started a great restructuring Focus on working on artificial intelligence opportunities, and was reported The cloud revenue increased 25 % On the year 2024.

CEO, former Cristian Klein, told CNBC that it was “the best year in the history of SAP” with the company’s cloud accumulated with 63.3 billion euros ($ 68.5 billion) in 2024.

“We are sitting on a very rich set of business data, human resource data, financing data, supply chain data and sales data” from 40,000 customers, “Klein said in January.

Through artificial intelligence tools, SAP allows various departments such as sales, supply chains and purchases to reach a high degree of automation, Klein continued, while it remains itself “I do not know any kind of a large language model” – the shape of Amnesty International that uses huge data groups to perform different tasks.

Dominic Asam, the company’s financial manager, told CNBC in January The artificial intelligence tool launched by the Chinese startup Deepseek Which shook the financial markets earlier this year was “Sarah News” for SAP.

Meanwhile, the German market is going through this year, with the blue chip Laxative An index of approximately 16 % a year until now – their European peers excelled like FTSE 100About 6.6 %, and France CAC 40It reaches about 9.91 %.

Feelings have been moved by a A large financial package German lawmakers approved it this month, allowing hundreds of billions of government spending on infrastructure, climate and defense projects.

SAP takes the place as the most valuable Europe company Novo NordskDanish pharmaceutical giant known as Weight management medications And wegovy. After a period of severe noise, Novo has struggled in recent months with Intensive market competition and Investor doubts about his future production line. FactSet data showed that the company’s market value amounted to about 332 billion dollars on Monday.

A luxurious French collection LVMHThat was removed from the first place in Europe by Novo Nordisk in late 2023, also witnessed the decrease in shares this year on Jitters due to the demand for the luxury sector.

– Karen Gilker’s from CNBC contributed to this story