From Morningstar: 2025-03-28 05:58:00

SAP has surpassed Novo Nordisk to become Europe’s largest company, with its share price up nearly 40% in the past year. The transition to cloud services has led to increased revenue and higher valuations. Morningstar has upgraded SAP’s rating and fair value estimate, indicating that the stock is currently undervalued. With a focus on cloud product development, SAP is reaping the rewards of its turnaround story.



Read more at Morningstar: Stock Of The Week: Can SAP Stock Continue to Rally?