Why Did SAP SE Plunge 3.17%?

On August 12, 2025, SAP SE's stock experienced a significant drop of 3.17% in pre-market trading, indicating a bearish sentiment among investors.

Analysts have expressed mixed sentiments regarding SAP SE's stock performance. While some analysts have given a consensus recommendation of "Buy," others have highlighted negative signals and a falling trend, suggesting that the stock may continue to perform weakly in the coming days or weeks.

TD Cowen recently reaffirmed a "Buy" rating on SAP SE and increased the price target from $320.00 to $350.00, following the company's Sapphire event. This adjustment reflects a positive outlook on the stock's potential for growth.

Despite the recent price drop, some analysts believe that SAP SE's stock is currently undervalued and could be a good investment opportunity. The stock is trading slightly above the forecasted price, which may indicate a potential for upward movement in the near future.